Oracle automates price protection in Channel Revenue Management software suite

Aimed at distributors and developed with Infosys Technologies, Oracle Price Protection is a new application that automates the price protection transactional processes and streamlines overall pricing, promotions and product discount management.


Aimed at distributors and developed with Infosys Technologies, Oracle Price Protection is a new application that automates the price protection transactional processes and streamlines overall pricing, promotions and product discount management. By automating, aggregating and streamlining processes, it enables distributors to quickly access purchasing, inventory, costing and financial information which in turn alls them to reduce errors during claims execution, speed settlements, and mitigate future discrepancies.

Pricing matters


The application seems likely to preserve and improve customer relations by avoiding and resolving conflicts while ensuring appropriate pricing for those involved. Oracle says the new application, announced July 13, 2009, is helping a Fortune 500 global electronics distribution company in the high-tech industry is managing supplier agreements, re-valueing inventory, revising business documents, and processing claims with its trading partners.
The Oracle Price Protection application, developed with Infosys Technologies Ltd., is designed to work out-of-the-box with the Oracle E-Business Suite Release 12.1. Oracle Price Protection leverages the power of Oracle Fusion Middleware, the company says, enabling easy integration with existing ERP systems and requiring minimal IT resources for rapid deployments and providing value through low cost of ownership.

Oracle Price Protection support s:

- Claims submitted and settled for covered product inventory both on-hand and delivered to customers.

- Open purchase orders that are adjusted with the latest inbound price list updates.

- Rapid notification to pricing team members needing to publish updates to outbound/channel price lists.

- Costing and financial system updates that reflect price cost changes in real-time.

Ravi Kumar, vice president and global head of Oracle Practice, Infosys Technologies Ltd., called the the solution "a first-of-its-kind development initiative" with Oracle.

"Price changes are frequent, causing complex issues for distributors. Fluctuating prices result in highly manual processes and are prone to error," said Cliff Godwin, senior vice president, application development, Oracle. "We've designed Oracle Price Protection to integrate into existing application infrastructures and automate these processes to help ensure financial accuracy, preserve cash flow and improve margins for distributors," Godwin says.

Infosys is a Certified Advantage Partner in the Oracle PartnerNetwork.

Oracle and Infosys help high technology distributors.

Oracle and Infosys help high technology distributors.

See related Oracle PDF, showing more of this diagram: " Oracle and Infosys Deliver Innovation and Value for High Technology Distributors ."


- Edited by Mark T. Hoske, electronic products editor, MBT

No comments
The Top Plant program honors outstanding manufacturing facilities in North America. View the 2015 Top Plant.
The Product of the Year program recognizes products newly released in the manufacturing industries.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
Safety for 18 years, warehouse maintenance tips, Ethernet and the IIoT, GAMS 2016 recap
2016 Engineering Leaders Under 40; Future vision: Where is manufacturing headed?; Electrical distribution, redefined
Strategic outsourcing delivers efficiency; Sleeve bearing clearance; Causes of water hammer; Improve air quality; Maintenance safety; GAMS preview
SCADA at the junction, Managing risk through maintenance, Moving at the speed of data
Safety at every angle, Big Data's impact on operations, bridging the skills gap
The digital oilfield: Utilizing Big Data can yield big savings; Virtualization a real solution; Tracking SIS performance
Applying network redundancy; Overcoming loop tuning challenges; PID control and networks
Driving motor efficiency; Preventing arc flash in mission critical facilities; Integrating alternative power and existing electrical systems
Package boilers; Natural gas infrared heating; Thermal treasure; Standby generation; Natural gas supports green efforts

Annual Salary Survey

Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.

There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.

But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.

Read more: 2015 Salary Survey

Maintenance and reliability tips and best practices from the maintenance and reliability coaches at Allied Reliability Group.
The One Voice for Manufacturing blog reports on federal public policy issues impacting the manufacturing sector. One Voice is a joint effort by the National Tooling and Machining...
The Society for Maintenance and Reliability Professionals an organization devoted...
Join this ongoing discussion of machine guarding topics, including solutions assessments, regulatory compliance, gap analysis...
IMS Research, recently acquired by IHS Inc., is a leading independent supplier of market research and consultancy to the global electronics industry.
Maintenance is not optional in manufacturing. It’s a profit center, driving productivity and uptime while reducing overall repair costs.
The Lachance on CMMS blog is about current maintenance topics. Blogger Paul Lachance is president and chief technology officer for Smartware Group.
This article collection contains several articles on the vital role of plant safety and offers advice on best practices.
This article collection contains several articles on the Industrial Internet of Things (IIoT) and how it is transforming manufacturing.
This article collection contains several articles on strategic maintenance and understanding all the parts of your plant.
click me