Currency Fluctuations and Empty Shelves Put Supply Chain Management Projects High on Business Wishlists

Recent currency exchange rate turmoil has caused pain for many Australian companies. To try to head off problems henceforth, many businesses are considering upgrades to their supply chain management IT systems in 2011.

Founded in 2006, Dataweave is a services based consultancy, focused on implementation projects and support services for enterprise e-business applications. Growing rapidly, Dataweave nevertheless has a team of 25 located across Sydney, Melbourne and Brisbane.

Norman Weaver, Managing Director for Dataweave commented, "A few years ago, finance directors used to be able to manually fine tune their inventory levels to help pump up profits. In today's market, even small businesses need to cope with complex logistics, and the financial risks of holding too much inventory have never been higher."

Norman Weaver continued, "The last few months of 2010 have seen wild currency exchange rate fluctuations, which have dealt a financial blow to many businesses. The ability to indiscriminately predict demand and adjust inventory can however easily mean the difference between a profitable Christmas, and working your way through insolvency.

The complete range of Oracle E-Business applications

Dataweave offers the complete range of Oracle E-Business applications. Oracle Demantra Demand Management is designed to offer businesses a flexible, forward looking prediction of upcoming product demand from customers.