Reliable E and O usage numbers and shortened period end close time with Jade Global Inventory Management Solution

Our client engages in the designing, developing, and marketing of high performance analog and mixed-signal integrated circuits (ICs) and sub-system solutions for data & telecommunications, networking and storage, industrial control, and consumer applications. The company wanted to upgrade from spreadsheets to systemic solution, to improve the reliability of E&O numbers and implement business rules for auto exceptions. They needed audit history tracing and tracking across periods and user interface for reviewing and manual overriding; and closing period-end in time.

The challenges

  • No off the shelf tools were available
  • Solution had to be SOx compliance
  • Lack of IT resources with E&O process knowledge
  • Integrating with other systems and partners in the supply chain
  • Finding a solution that uses EBS data but is nonintrusive

The Solution

  • A systemic solution to determine E&O numbers and usage for prior reserves
  • Configurable business rules for auto exceptions
  • State-of-the-art user interface
  • Configurable architecture - integrates with ERP, PLM, planning systems; integrates with CMs and distributors
  • Analytical reporting for trend analysis, root cause analysis and proactive resolutions

The benefits

  • Shortened period-end close time
  • Reduced audit time and costs
  • Collaborative platform for reviews and approvals
  • Reliable E&O and usage numbers
  • Ability to perform simulations and comparisons for different scenarios