Improve Screening and Fulfillment Cycle Time in Oracle GTM
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Improve Screening and Fulfillment Cycle Time in GTM OTM Conference August 14, 2012
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Transcript of Improve Screening and Fulfillment Cycle Time in Oracle GTM
Improve Screening and Fulfillment Cycle Time in GTM
OTM Conference August 14, 2012
What is Global Trade Management ?
• Primarily involves managing processes and complying with regulatory mandates around moving goods across international borders
• Typically processes & regulatory mandates involve: – Who we buy from – Who we sell to (E.g. Commercial User, Restricted Terrorist
Organization) – Where we ship to (E.g. Canada, Cuba) – What we ship (E.g. Supercomputers, Chemicals) – How the product will be used (E.g. Commercial, Military) – How many units we are authorized to transact (E.g.
Licensed to export 200 units to China in 3 months)
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Why is Global Trade Management Important?
• Lack of proper trade management could result in – Significant penalties for compliance violations – Loss of business as a result of trade sanctions – Increase in Order Fulfillment time
• Delays in Customer Screening, Order Processing, Export License Procurement, Shipment Screening & Customs Clearance
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Why Oracle GTM ?
• Most businesses are compliant – BUT how efficient are they?
• Oracle GTM is a Global, Configurable Solution • Oracle GTM drastically improves:
– Scalability – Accuracy – Speed – Auditability
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What’s in it for You, the End-User?
• Streamlined work flow • Reduces pressure when a transaction is waiting
to be processed – No more last minute calls to/from shipping dock – Focus on failed transactions instead of all
transactions – Single source of truth for all relevant information
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What is “Under the Hood” ?
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Product E.g. SKU-1297
Classification E.g. ITAR XV(e)
Classification Assignment
Ship From E.g. United States
Ship To E.g. United Kingdom
Regions
Rules Transaction
Product E.g. SKU-1297
Classification E.g. ITAR XV(e)
Ship From E.g. United States
Ship To E.g. United Kingdom
Classification Assignment Regions
Rules Transaction Transaction
Transaction Screening Classification Assignment
Product E.g. SKU-1297
Classification E.g. ITAR XV(e)
GTM
PLM EBS
Item Classification - As-Is
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New Product Created for Engineering
Item Released & Made Order
Eligible Capture Orders
Item Created Manually Classified
Manually Approved
Transaction Screened
Order Fulfilled
Item Created
PLM EBS
GTM
Item Classification - Enhanced
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New Product Created for Engineering
Capture Orders
Item Created Automatically Classified
Automatically Approved
Transaction Screened
Order Fulfilled
Item Created with
Classification Info Item Classified
So What? • Benefits
– Not waiting for products to be classified and approved when products are ready for shipment
– Single Source of Truth for Item related information including Item Classification
– Avoiding duplication of effort in defining and approving classifications in GTM
– Automatically synchronize classification info between EBS and GTM.
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PLM EBS
GTM
New Product Created for Engineering
Capture Orders
Item Created Automatically Classified
Automatically Approved
Transaction Screened
Order Fulfilled
Item Created with Classification Info Item Classified
How do we do it?
Agents • Provide automated real time monitoring of
events • Can:
– Check Conditions – Execute business action – Update Records
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How Do We Do It? – Item Definition in EBS
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How Do We Do It? – GTM Agent Actions
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How Do We Do It? – Item Synced to GTM
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Product Classification Product Approval
Key Takeaways • GTM is primarily about complying with
regulatory mandates around movement of goods • Oracle GTM improves Speed, Scalability,
Accuracy and Auditability of screening buy/sell transactions
• It’s a good business practice to classify items upstream and maintain single source of truth
• The presentation showed how to classify items upstream to expedite transaction screening downstream
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For Further Information
• www.accelalpha.com • Joe Spear
Consultant [email protected] (206) 459-9851
• Nat Ganesh Managing Director [email protected] (972) 679-3764
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