New Supply Chain and Financial Management Capabilities Help Amonix Manage Complex Challenges of Global Solar Panel Business
Amonix, a recognized leader in designing and manufacturing concentrated photovoltaic (CPV) solar power systems, has implemented the Oracle E-Business Suite 12.1 as the foundation of its expanding multinational business.
Operating in the growing and highly competitive market for renewable energy solutions, Amonix needed to streamline its supply chain and financial processes so that it could adapt quickly to market pressures and respond to customers with varying needs and expectations. By replacing its Epicor ERP system with the Oracle E-Business Suite 12.1, Amonix is able to leverage a flexible, scalable and cost-effective platform designed to eliminate inefficient system customizations, increase visibility into its supply chain and improve the accuracy of financial reporting.
With Oracle E-Business Suite Supply Chain Management modules, including Oracle Order Management and Oracle Inventory Management, Amonix is able to automate fulfillment processes and gain real-time visibility into inventory transactions that involve thousands of complex components.
As a CPV solar power system manufacturer, Amonix has an extremely complex supply chain and operates using complex processes. With the Oracle E-Business Suite 12.1, the company is able to perform quick and clean inventory reconciliation. In addition, by utilizing Oracle Advanced Supply Chain Planning and Oracle Procurement, Amonix can reduce supply chain costs and rapidly respond to fluctuating prices in the solar market by leveraging advanced monitoring capabilities to increase transparency across its organization.
To further optimize financial operations and standardize internal controls, Amonix is using Oracle E-Business Suite Financials, including Oracle General Ledger, Oracle Payables, Oracle Receivables, Cash Management and Oracle Financial Analytics, to improve financial reporting accuracy and ensure compliance with international regulations.
Amonix implemented 18 modules of the Oracle E-Business Suite 12.1 in just ten weeks. Working with Wipro, a Diamond level member in Oracle PartnerNetwork (OPN), the Oracle E-Business Suite 12.1 was implemented out of the box with zero customizations, which helped expedite the deployment and enabled Amonix to quickly begin receiving benefits from the new ERP system.
“In order for us to stay competitive in a high growth and complex sector like solar energy, we needed a holistic end-to-end enterprise application suite that could scale with our global business,” said Pat McCullough, chief financial officer, Amonix. “After carefully evaluating different options, we selected Oracle E-Business Suite 12.1 as it provided all the capabilities we needed right out-of-the-box. We were very impressed with the implementation and are confident we now have the financial and supply chain capabilities needed to support both our current operations and future growth.”
“In addition to providing us with a quick and reliable tool for inventory reconciliation, the Oracle E-Business Suite 12.1 has helped us track quantity and stock across various locations and eliminate what used to be a huge bottle neck in our inventory management,” said Rajesh Ramakrishnan, global business process manager, Amonix.
“Amonix was looking to expand its global position into new market segments in a virtually seamless manner, while providing the company with a single view of their core ERP systems. Wipro’s implementation of the Oracle E-Business Suite 12.1 not only helped Amonix prepare for future enterprise wide scalability, but also helped align its operations to industry standards,” said Biplab Adhya, Vice President and Global Head of Oracle Services, Wipro Technologies.