With our Working Capital Framework for Oracle BI Analytics, we help client executives improve visibility into the sources and uses of cash while creating a culture of accountability for the Capital Conversion Cycle.
P3's Working Capital Framework looks beyond the inspection of individual components of a company's Capital Conversion Cycle (Days of Inventory, Days Sales Outstanding and Days Payable Outstanding) and exposes the critical metrics within each end to end process (i.e. Forecast to Fulfill, Quote to Cash, and Procure to Pay).
Using a top down and bottom up approach, we align the enterprise goals for improving the Capital Conversion Cycle with those departments that have a direct impact on performance including sales, finance, procurement, operations, and support.
Recent examples include:
Improved Gross Margins at a Global Medical Device Manufacturer - within the first 30 days of deploying Oracle BI Analytics, P3 worked with the client to identify and eliminate excess costs in their supply chain. In another example, we provided the analytics needed to understand margins and influence quotes on a global level (P3 Quote Analytics for Oracle BI).
Freeing up Capital at a leading Biotech Company - P3 worked with the client to rapidly lay a foundation of Financial, Procurement and Supply Chain Analytics enabling the organization with a 360 degree view of their operations. With an up-to-date understanding of their budget vs. actual, they are able to free up dollars to allocate for researching cures.
Reducing Costs within the Supply Chain Costs at a large Agra Co-Op - Working with finance, operations and sales, we provided the real-time visibility into inventory lots by plant. Given the perishable nature of their products, operations is now able to understand their forecast to actual performance to optimize their inventory and balance their sales distribution to reduce spoiled inventory.
By combining the Working Capital Framework with our Oracle Certified BI Analytic Accelerators (Pre-built extensions to Oracle BI Analytics), P3 rapidly provides the visibility to drive improved working capital performance. Contact us for more information on how we can help you.