CHAPTER 1Introduction to Oracle Manufacturing and Supply Chain Products
In the 1970s and 1980s, corporations achieved tremendous productivity gains by improving their production and material handling processes. Most of the improvement efforts were centered on the premise “elimination of waste in every possible way.” These corporations had many different ways to identify and eliminate waste. Material waiting to be consumed was considered a waste, and as a result the Just-In-Time (JIT) philosophy was born. In that era, however, the software systems that were used to manage the information needs were highly compartmentalized and companies had to invest millions in integrating and maintaining those software products. With the advent of Enterprise ...
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