Oracle Cloud ERP Implementation for a Medical Device Manufacturing Company Reduced the TOC by 30%, Improving Process Turnaround Time by 25%

About the client

The client is a global leader in applied molecular biology diagnostics and serves several Fortune 500 companies across more than 100 countries. Their solutions and services deliver accurate and actionable feedback in bioprocessing, biofouling, and biosecurity applications.

Business challenges

• The client used multiple instances of MPC Sage 50, Salesforce and other distributed IT, and legacy systems.
• Most of the critical processes and data were captured in SharePoint and Excel spreadsheets manually.
• The availability of business SMEs and IT teams was limited due to lean organization.
• A compliant solution across global industry benchmarks was needed.

LTM solution

• Leveraged Oracle CloudVision Methodology to implement Oracle Fusion Cloud across end-to-end processes – manufacturing, finance, and supply chain.
• Tool-driven accelerated execution for each major implementation activity – assessment, configuration, data migration, testing, training, and cutover.
• Utilized LTIMindtreeʼs Oracle Cloud CoE instance for multiple show-and-tell sessions, playbacks, and to-be design validations to ensure stakeholder buy-in and higher user adoption.
• Innovative product solutions to improve and automate business processes in various areas like intercompany trade flows, pricing and costing, taxation, expenses, quality cycles, repair depot, etc. and bring robust controls.
• Big Bang go-live across four legal entities (Canada, US, UK, Europe) with multicurrency complexities (USD, CAD, GBP, Euro).
• Accelerated testing with reusable test cases, test scripts, and orchestration tools.
• Access to LTIMindtreeʼs training library, videos, and repository throughout the project period to ensure faster delivery.

Business benefits

• A 40% reduction in data migration efforts
• A 30% reduction in the total cost of ownership
• A 25% improvement in the process turn-around time
• A 60% cost optimization by leveraging the 10:90 onsite-offshore delivery model

Technology solutions

• Oracle ERP Cloud Finance
• Oracle ERP Cloud Procurement
• Oracle Supply Chain Cloud
• Oracle Planning Cloud
• Oracle Maintenance & Quality Cloud
• Oracle PaaS OIC, IDCS, VBCS, PCS