LAHORE: K-Electric, the sole electricity provider in the country’s business capital, Karachi, and nearby districts, has selected Oracle Fusion Cloud Supply Chain and Manufacturing (Oracle Cloud SCM) to automate its demand management and supply process for over 600 components of power distribution equipment.
This deployment will contribute to K-Electric’s mission to deliver uninterrupted, safe, and affordable power to Karachiites, as the new cloud offering can provide accurate forecasts to improve efficiency, reduce operational costs, and help enable K-Electric to respond quickly to increased power demand.
K-Electric will deploy Oracle Cloud SCM, replacing its highly customised legacy application, as part of its evolving material forecasting and supply planning processes.
With the successful deployment of this cloud application, K-Electric will be able to more accurately track and allocate resources according to the requirements and vendor capacity, with improved visibility into the material planning across their businesses.
“Provision of reliable and safe electricity supply to Karachi and its surrounding areas is our main objective. Achieving this goal requires investments into backend infrastructure that will optimize our overall processes through strengthened efficiency and control,” K-Electric Chief Strategy Officer (CSO) Naz Khan said.
“We have selected Oracle Cloud SCM because of its track record of helping many companies in the region build business resilience while optimising security and flexibility. Oracle Cloud SCM can help us anticipate future customer demand and further improve our business operations. With real-time reports for specific demand, financial, and supply planning analytics, the team will be able to make informed decisions and quickly respond to demand management requirements,” he added.
K-Electric has also selected Oracle Fusion Cloud Sales and Operations Planning, part of Oracle Cloud SCM, which can help the company implement a forward-looking sales and operations planning process with real-time analytics and insights.
“With fluctuating costs and increasing demand for energy, utility companies need to rethink processes in the cloud to stay competitive and provide consistent, affordable power to its consumers,” said Oracle JAPAC Cloud Applications Senior Vice President Adrian Johnston.
“With Oracle Cloud SCM, K-Electric can have the flexibility and insight to respond to changing patterns in the business and the ability to rapidly optimize operations for enhanced customer experience.”