Customer Working with Filix experienced clear ROI on their investment on ERP applications.
Few performance indicators customers could see are:

• Slashed inventory holding costs by 47% using Oracle Inventory Management to enable enterprisewide visibility of inventory operations, reduce inventory level by up to 40%, cut warehouse requirement by 50%, and support business growth
• Increased inventory accuracy to 99.5% by enabling regular inventory review process to further verify stock discrepancies
• Halved reporting time, such as inventory aging analysis, by standardizing reporting process across three plants with Oracle E-Business Suite Release 12.1.3, increasing user satisfaction and management confidence
• Cut aging stock level by 26% in three months and increased cash flow management by effectively managing stock replenishment level and purchasing only the materials required to fulfil a customer order
• Saved 50 man-days per month by creating location-specific sub-inventory and implementing lot control to minimize manual stock verification
• Reduced freight costs by up to 16% annually using Oracle Discrete Manufacturing and Oracle Purchasing to automate supplier schedules
• Improved lead time accuracy and ensured timely delivery of customer orders
• Boosted BOM control and reduced costs by accurately calculating the ratio of steel scrap to finished product, and increasing BOM accuracy to 95%
• Accelerated monthly and quarterly account closures, and halved the time to create invoices—from four minutes to two minutes—by standardizing financial processes
• Streamlined manufacturing operations by expediting supplier payments to ensure timely receipt of materials
• Minimized unauthorized purchases by defining approved-supplier lists and hierarchy-based approval in Oracle Purchasing
• Automated preventative equipment-maintenance schedules to quickly identify faults, replace parts efficiently, and minimize disruption to manufacturing operations