SAN FRANCISCO, Sept. 17, 2019 /PRNewswire/ -- ORACLE
OPENWORLD -- Titan International, Inc., a leading global
manufacturer of off-highway wheels, tires, assemblies and
undercarriage products, has started moving its core business and
manufacturing processes to Oracle Cloud Applications. With Oracle
Cloud Applications for finance, supply chain and manufacturing,
Titan International will be able to take advantage of an integrated
suite of applications to break down silos, quickly and easily
embrace the latest advancements in machine learning and Internet of
Things technology, and improve user engagement, collaboration and
performance.
Headquartered in Quincy,
Illinois, Titan has been manufacturing wheels and tires for
the farming and construction industry for more than 125 years. To
meet changing customer expectations and improve business
performance, the Titan team decided it was time to replace their
existing systems with a cloud-based platform that could improve
visibility into core business processes, enhance reporting, reduce
costs and improve production quality. After a careful evaluation,
Titan selected Oracle Enterprise Resource Planning (ERP) Cloud,
Oracle Supply Chain Management (SCM) Cloud and Oracle Internet of
Things (IoT) Cloud to meet these needs and take its first step in a
journey towards Industry 4.0 capabilities and building a "smart"
factory.
"To better support our customers, we needed to move from
multiple systems to a single platform that would give us better
visibility into our business," said Jeff
Blattner, Director of IT at Titan International. "We wanted
to standardize on an ERP system that could grow with us and ensure
our systems are always up-to-date. Oracle Cloud Applications gives
us access to constant innovation and enables us to benefit from
emerging technology, such as IoT, to gain an advantage over the
market."
With Oracle ERP Cloud, Oracle SCM Cloud and Oracle IoT Cloud,
Titan will be able to take advantage of a single integrated cloud
platform to break down organizational silos, standardize processes
and manage financial, supply chain and manufacturing data. By
automating manual processes and using data from sensors to improve
insights into inventory, Titan's production and shipping teams will
save time by streamlining processes. A second phase will introduce
this automation to more production areas. The final phase of
the rollout will include machine monitoring on the shop floor so
that Titan can better understand the health of its machines and do
predictive maintenance to reduce disruption of production. Titan
International is working with Deloitte to implement and deploy the
new Oracle Cloud Applications.
"The potential of emerging technologies like IoT and machine
learning in manufacturing is starting to be realized as
organizations like Titan International move their core business
applications to the cloud," said Rick Jewell, senior vice
president, Supply Chain & Manufacturing Applications, Oracle.
"With a single platform for finance, supply chain and manufacturing
data, Titan will be able to benefit from real-time visibility and
responsiveness at every step of the production process – from raw
materials to customer fulfillment. By delivering real-time data
streams and predictive insights, Oracle Cloud Applications help
customers improve business processes and achieve a quick ROI."
For additional information on Oracle Cloud Applications, visit
oracle.com/cloud/applications.
To learn more about how Titan International is using Oracle
Cloud Applications, watch this video.
About Oracle
The Oracle Cloud offers a
complete suite of integrated applications for Sales,
Service, Marketing, Human Resources, Finance, Supply Chain and
Manufacturing, plus Highly Automated and Secure Generation 2
Infrastructure featuring the Oracle Autonomous Database. For
more information about Oracle (NYSE: ORCL), please visit us
at oracle.com.
About Titan International, Inc.
Titan
International, Inc.(NYSE: TWI) is a leading global manufacturer of
off-highway wheels, tires, assemblies and undercarriage
products. Headquartered in Quincy, Illinois, the company produces a broad range
of products to meet the specifications of original equipment
manufacturers (OEMs) and aftermarket customers in the agricultural,
earthmoving/construction, and consumer markets. In the United States, the company produces two
distinct tire brands — Goodyear®Farm Tires and
Titan Tires.
About Deloitte
Please
see www.deloitte.com/us/about for a detailed description
of our legal structure.
About Oracle OpenWorld
Oracle OpenWorld, the
industry's most important business and technology conference for
more than 20 years, hosts tens of thousands of in-person attendees
as well as millions online. Dedicated to helping businesses
leverage cloud for their innovation and growth, the conference
delivers deep insight into industry trends and breakthroughs driven
by technology. With thousands of sessions, demos and hands-on labs,
plus exhibitions from more than 250 partners and customers from
around the world, Oracle OpenWorld has become a showcase for
leading cloud technologies, from Cloud Applications to
Infrastructure. For registration, live keynotes, session details,
news and more visit www.oracle.com/openworld or
www.oracle.com/newsroom.
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their respective owners.
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SOURCE Oracle