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Posts Tagged ‘SCM’

It’s Time for the C-Staff to Unite Around Platform Standardization

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If your organization has more than one ERP platform, such as one for Human Capital Management (HCM) and others for Financials (FI) and Supply Chain Management (SCM), it is likely a good time for the C-staff to get together and agree on one standard platform. Why? Take it from my experience: because a lack of doing so is costing the organization significant (and unnecessary) money to have two different support staffs and knowledge bases, plus the unnecessary costs to support interfaces between the multiple platforms so that they can talk to each other and share data. I’ve seen this issue dozens of times.

We hear about implementing “best practices” every day, all of the time. Likely the undisputable #1 best practice is to standardize on one platform. When the now-famous ERP technology first came on the market, each had their own strength in HCM, FI/SCM, or perhaps Manufacturing.  Today, 20+ or so years later, they are mature products with good balance between the different software suites. The advantage and best practice of a standard platform strategy now far outweighs one’s using what was once the best-of-breed for each of the primary software suites.

So why are so many firms using multiple ERP systems today (and there are many)?  Why is your organization using multiple systems?  Might it be too much of a political battle to fight?  If the company is concerned over the short-term costs to transition to a new system, then is the company also not more concerned over the significantly greater ongoing long term costs not to?  It seems that many companies may either be in denial or that it is just easier to keep doing what they have been doing and not spend the political capital. Either way, it’s an issue that’s very real, and very prevalent.

Might it be a good time for the C-staff to unite around this issue?

PeopleSoft Strategic Sourcing Bid Response

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Okay, finally this Strategic Sourcing blog series is coming off hiatus. We thank everyone for their patience. We had a few technical environment snags to comb out.

Let’s pick up where we left off: if you recall, we had discussed and demonstrated creating a sourcing event, so let’s focus on entering responses to that sourcing event. It’s the next logical step.

It is important to note that there are differences between setting up and responding to auction events and RFX events.  For our purposes we will continue to focus on RFX events.

As we previously saw, once vendors are invited, they are enabled to respond to an event.  Each vendor will have access to their bidding home page where they can view the events open to bid.  They can also search for additional events to bid on.  Additionally, there are some basic administrative tasks they have access to update.  Here is a screen shot below of a bidding home page.

ss home page

Once the event is accessed, the vendor will follow the structure of the event that was created, responding to the required elements of the bid.  As we noted, there may be header bid factors and line factors that must be responded to.  Additionally, vendors, depending on how the event is setup may be able to view the following:

  • Start prices
  • The winning bid
  • The Bid History page
  • Current round and version
  • The identity of all bidders
  • Bid rank
  • Number of bids
  • Header score, line score, and combined total score (only for auction events)

Let’s take a look at a short video that demonstrates the actual bid responses entered.

Once the bid responses are entered, the next stage is analyzing responses and awarding bids. We will cover that in our next installment of this blog series.

An Executive Summary of Oracle’s PeopleSoft FSCM v9.2 Release Value Proposition (RVP)

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Oracle’s PeopleSoft ALM, ESA, FMS, SCM, and SRM Release 9.2 Release Value Proposition

In July of 2012, Oracle published their Release Value Proposition (RVP) for PeopleSoft FSCM release 9.2. You can download it here (as usual, you’ll need your My Oracle Support ID to access the document). Like we said about HCM 9.2, we anticipate the general release of PeopleSoft FSCM V9.2 sometime early 2013.

The RVP is 117 pages. For the sake of summarization, we have analyzed and condensed the salient points from the FSCM RVP into a two-part executive summary.

Part I provides a bullet-pointed summary of the Financial Management Systems (FMS) and the Enterprise Services Automation (ESA) portions of the RVP.

Part II provides a similar easy-to-read summary of the Supply Chain Management (SCM) and Asset Lifecycle Management (ALM) portions of the RVP.

Please enjoy and share with anyone who might be interested in what the PeopleSoft FSCM 9.2 suite will bring to the table next year.

Are You Looking to Achieve Global ERP?

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As I talk to customers about their PeopleSoft solution, it is interesting to me how often the discussion now seems to involve some flavor of a global solution. For one project, it’s as “simple” as a single location in Ireland, but it drives a need for consolidations and multiple currency calculations. For another project, we are engaged on a worldwide consolidation of multiple plants onto the PeopleSoft SCM applications.

These projects present many challenges for the implementation team, project management, and the overall success of the project. I recently came across an article on CIO.com entitled How to Achieve Global ERP in which Rick Veague, Chief Technology Officer, IFS North America provides an excellent view into many of the challenges you might face as you embark on the process to globalize your ERP solution. His view is very profound, and dead-on with our experience. His points are quite valid, especially as you consider that most of you have already selected your ERP solution long before you realized you had a need for a global ERP solution. He provides insight into what you should expect to face as you take the next step.

Take a read — it’s worth your time.

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PeopleSoft Financials and Supply Chain Management 8.8 to 9.1 Upgrade Scripts Now Available

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A bit of anticipated news today: Oracle has now officially released the upgrade scripts for PeopleSoft FSCM versions 8.8, 8.9, 9.0 to version 9.1. If you are considering doing an upgrade from one of these releases you are now able to download the upgrade templates from My Oracle Support.

A tip: To find the upgrade templates search on the following term once logged into My Oracle Support: PeopleSoft Enterprise FMS, ESA and ALM 9.1 Documentation Home Page.  We typically would provide a permalink, but it’s difficult in this case due to the regwall and My Oracle Support’s new presentation structure.

If you are considering doing an upgrade from a release prior to 8.8 then you will have to utilize the two-step upgrade process to get yourself upgraded to 8.8 and then run these subsequent upgrade scripts.

As always, if you have any questions about the upgrade process or require any assistance please feel free to contact us and we’ll be happy to help.

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MIPRO Consulting is a nationally-recognized consulting firm specializing in PeopleSoft Enterprise (particularly Enterprise Asset Management), Workday and Business Intelligence. You’re reading MIPRO Unfiltered, its blog.  If you’d like to contact MIPRO, email is a great place to start, or you can easily jump over to its main website.  If you’d like to see what MIPRO offers via Twitter or Facebook, we’d love to have you.

The Value of Oracle BI Apps For PeopleSoft

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Having practical experience in supply chain, PeopleSoft ERP (SCM) and Business Intelligence (BI), I am naturally drawn to anything that combines theoracle bi attributes of all three. Oracle BI applications for procurement and spend can do just that. We have spoken previously about how PeopleSoft query tools are BI tools and not a full-on BI enterprise product.  That said, there is a completely integrated solution offered by Oracle that is just as user friendly.

As we all know, there are literally thousands of tables in PeopleSoft and tens of thousands of fields. To boot, since PeopleSoft is a transaction-based system, there are many different statuses of these transactions. Imagine the work required to sort through all of those tables and fields AND choose the right status/disposition in order to develop effective business intelligence. Remember, we are not talking about simple reports, but true business intelligence that provides insight into your business operations and is aligned with executive-facing strategic objectives.

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