Manufacturers and distributors in the consumer goods industry face unprecedented pressure to provide a greater variety and quality of products, simplify complex supply chains, and compete with the price pressures imposed by retail consolidation. In addition, higher transportation costs and a sluggish economy demand greater control and visibility of product profitability, while productsafety and contamination concerns have increased the need to improve traceability. Oracle’s JD Edwards EntJD EdwardsriseOne for Consumer Goods provides a suite of powerful and comprehensive solutions specifically tailored to help overcome these fundamental business challenges, improve efficiency and profitability, and simplify compliance for consumer goods manufacturers.
Companies which trade or manufacture commodities face a huge number of challenges in today’s competitive climate. Insight into market positions, contracts, currency positions, operational risk (both control and processes) and compliance with laws and legislation are all crucial to trading activities.