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    OPM Overview Presentation 22jan12

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    Durai Rajan
    Manufacturing involves converting raw materials into finished products using machines, equipment, and labor. There are two main types: discrete manufacturing which produces distinct items that can be counted like cars, and process manufacturing which produces multiple products in small batches that continuously flow through linked production operations like chemicals. Oracle Process Manufacturing (OPM) is a software that helps manage the manufacturing process through modules for production, quality control, costing, and financials. It allows setting up formulas, recipes, routings and resources to define the manufacturing process and track costs.

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    OPM Overview Presentation 22jan12

    Uploaded by

    Durai Rajan
    419 views43 pages
    Manufacturing involves converting raw materials into finished products using machines, equipment, and labor. There are two main types: discrete manufacturing which produces distinct items that can be counted like cars, and process manufacturing which produces multiple products in small batches that continuously flow through linked production operations like chemicals. Oracle Process Manufacturing (OPM) is a software that helps manage the manufacturing process through modules for production, quality control, costing, and financials. It allows setting up formulas, recipes, routings and resources to define the manufacturing process and track costs.

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    OPM Overview Presentation 22Jan12

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    Manufacturing involves converting raw materials into finished products using machines, equipment, and labor. There are two main types: discrete manufacturing which produces distinct items that can be counted like cars, and process manufacturing which produces multiple products in small batches that continuously flow through linked production operations like chemicals. Oracle Process Manufacturing (OPM) is a software that helps manage the manufacturing process through modules for production, quality control, costing, and financials. It allows setting up formulas, recipes, routings and resources to define the manufacturing process and track costs.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    419 views43 pages

    OPM Overview Presentation 22jan12

    Uploaded by

    Durai Rajan
    Manufacturing involves converting raw materials into finished products using machines, equipment, and labor. There are two main types: discrete manufacturing which produces distinct items that can be counted like cars, and process manufacturing which produces multiple products in small batches that continuously flow through linked production operations like chemicals. Oracle Process Manufacturing (OPM) is a software that helps manage the manufacturing process through modules for production, quality control, costing, and financials. It allows setting up formulas, recipes, routings and resources to define the manufacturing process and track costs.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
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    Oracle Process ManufacturingManufacturingOverview

    WHAT IS

    MANUFACTURING?

    PROCESS OF CONVERTING RAW MATERIALS / COMPONENTS / ANY PARTS INTO A FORM / SHAPE OF PRODUCT ( FINISHED PRODUCT ) ......THAT MEET REQUIRED EXPECTATIONS AND SPECIFICATIONS .........USING MAN POWER OR MACHINERIES OR COMBINATION OF BOTH....................

    Types of

    MANUFACTURING?

    DISCRETE MANUFACTURING FLOW MANUFACTURING PROCESS MANUFACTURING

    5 Ms of MANUFACTURING?

    MONEY (COST) MATERIAL (FORMULA) MAN POWER (RESOURCE) MACHINE (RESOURCE) METHOD (OPERATION,ROUTING)

    DISCRETE MANUFACTURING
    DESCRIBES MANUFACTURING OF DISTINCT ITEMS ( ITEMS YOU CAN EASILY COUNT, TOUCH, SEE ) NORMALLY A PRODUCT THAT IS "BUILT UP" FROM COMPONENTS OR SUBASSEMBLIES

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    EXAMPLES INCLUDE : AUTOMOBILE MANUFACTURING , COMPUTER AND ELECTRONIC PRODUCTS, INDUSTRIAL AND ELECTRICAL EQUIPMENT, MEDICAL EQUIPMENT AND SUPPLIES, FABRICATED METAL, FURNITURE, RECYCLING, AND MISCELLANEOUS MANUFACTURING.

    PROCESS MANUFACTURING
    PROCESS MANUFACTURING IS DISTINGUISHED BY A PRODUCTION APPROACH THAT HAS MINIMAL INTERRUPTIONS IN ACTUAL PROCESSING IN ANY ONE PRODUCTION RUN, OR BETWEEN PRODUCTION RUNS OF SIMILAR PRODUCTS THIS APPROACH PRODUCES MULTIPLE UNIQUE PRODUCTS IN RELATIVELY SMALL BATCHES FLOWING THROUGH DIFFERENT PRODUCTION OPERATIONS THROUGHOUT THE FACTORY. PROCESS MANUFACTURING WILL TYPICALLY HAVE SEVERAL PROCESSES LINKED TOGETHER IN THE PRODUCTION SYSTEM PROCESSES MAY BREAK DOWN RAW MATERIALS, REFINE MATERIALS INTO HIGHER QUALITY GOODS

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    EXAMPLES INCLUDE : CHEMICAL MANUFACTURING, DIESEL PRODUCTION, PHARMACEUTICAL INDUSTRIES, PROCESSED FOODS, GASOLINE PRODUCTION, BEVERAGE MANUFACTURING

    PROCESS & DISCRETE MANUFACTURING


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    ORACLE PROCESS MANUFACTURING (OPM)

    MAIN SUB-MODULES IN OPM: PRODUCTION BATCHES AND TRANSACTIONS QUALITY CONTROL OPM FINANCIALS (COSTING , SLA)

    Describing the Process Flow


    Prerequisite setup

    Formula setup

    Routing setup Operation classes

    Formula classes

    Routing classes Resources

    Formula creation

    Plant resources Activities Create operations Create routings Recipe creation

    08/17/11

    Process Engineer

    Setup

    Generic Resources

    Process Engineer

    Setup

    Plant Resources

    08/17/11

    Entering Operation Details


    Operation XX Production Operation

    Activity 1.2.3....
    Setup Mixing Packaging

    +
    Resource
    Production equipment 08/17/11 Labor

    Routing Hierarchy
    Routing

    Operation1.. Activity1.. Resource1..

    Operationn

    Activityn

    Resourcen

    08/17/11

    Process Engineer

    Setup

    Routings

    08/17/11

    Formula
    Formula contains details of Ingredients, Products and By-products with their associated quantities and processing instructions. Use of formula.  Production Batches are based on Formulas.  Formulas are also used for Planning, Managing costs & Scheduling. Ingredients -Raw Materials used in manufacturing . Product - Finished Good produced using Raw Materials.

    By-product - Product Produced during manufacturing process of a product which cost will not be considered. Depending on type By-product can be classified as Rework,sample,waste or Yield.

    08/17/11

    Formula Details
    Formulator Formulas Products

    08/17/11

    Recipe Details
    Formulator Recipes

    08/17/11

    Recipe Hierarchy
    Routing

    Operation1.. Recipe Activity1..

    Operationn Processing Instructions

    Activityn

    Resource1..

    Resourcen Formula

    Ingredient 08/17/11

    Product

    Byproduct

    PRODUCTION BATCH CREATION


    Production Supervisor Batch Details

    08/17/11

    PRODUCTION BATCH CREATION


    Production Supervisor Batch Details

    08/17/11

    PRODUCTION BATCH MATERIAL TRANSACTIONS


    Production Supervisor Batch Details-->Batch Completion

    08/17/11

    OPM Cost Management

    08/17/11

    Cost Types

    
     

    Standard Cost Actual Cost Lot Cost

    08/17/11

    Standard Costing

    Under standard costing, predetermined costs are used for valuing inventory and for charging material, resource, overhead, period close, and job close and schedule complete transactions. Differences between standard costs and actual costs are recorded as variances. Use standard costing for performance measurement and cost control

    08/17/11

    Actual Costing
    OPM captures the actual costs from business transactions.
    

    Costs of raw materials are captured based on the raw material purchase order receipts and or invoices.

    Costs of products are captured based on the actual quantities of the raw materials consumed and the resource usage or conversion cost recorded in the production batch.

    08/17/11

    Lot Costing

    Lot costing, also known as Specific Identification Type costing lets you calculate and store costs at the lot level. That is, each lot has a unique cost associated with it and it retains this cost until the entire lot is consumed. The lot costs are computed on a perpetual basis.

    08/17/11

    Period Moving Average Cost (PMAC)


    Component cost raw materials

    Previous period GL expense component cost

    Previous period inventory balance

    )+

    GL expense component amount for current period

    Previous period inventory balance 08/17/11

    Received quantity

    Cost Types
    Define Cost Types Navigation>Financial>Cost Management>Setup>Cost Methods

    08/17/11

    Cost Calendars
    Define Cost Calendars Navigation>Financial>Cost Management>Setup>Calendars

    08/17/11

    Cost Components Class


    Define Component Class Navigation>Financia l>Cost Management>Setup>Components Class The Cost Components are classified into 5 categories.

    08/17/11

    Resource Cost
    Define Resource Cost Navigation>Financial>Cost Management>Resource Cost

    08/17/11

    Viewing Item Cost List

    08/17/11

    Sub-ledger Accounting (SLA)

    Subledger accounting is an intermediate step between subledger Products and the general ledger. Each Transaction that requires accounting is represented by a complete and balanced subledger entry, stored in a common data model

    08/17/11

    OPM-SLA Flow

    08/17/11

    08/17/11

    SLA Hierarchy...
    Events are logical groupings of Event Types

    08/17/11

    SLA Hierarchy...

    08/17/11

    SLA Hierarchy

    08/17/11

    SLA Flow
    Update the Account Derivation Rule conditions. Ex: Add Item/Item Class/Organizations

    Validate the Application Accounting Definition

    Run OPM Accounting Pre-Processor Run OPM Accounting Pre-Processor

    Run Create Accounting in Draft mode

    Check Create Accounting report and Journal Entries report

    08/17/11

    Run Create Accounting in Final mode to create GL accounting entries

    Create Accounting

    08/17/11

    SLA Report

    08/17/11

    SLA Report

    08/17/11

    SLA Report

    08/17/11

    SLA Report

    08/17/11

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