Guardant Health is a leading precision oncology company focused on helping conquer cancer globally through its proprietary blood tests, vast data sets, and advanced analytics

Client: Guardant Health

Industry: Healthcare & Life Sciences

About the Client

Guardant was setting up its lab operations in Japan and obtaining necessary approvals for starting the lab operations was going on simultaneously. It was essential to have system readiness to support the operations from Japan. With this implementation, all the necessary system support for lab operations in Japan was in place. Legacy systems for inventory management and cost accounting were sunset. Guardant had already implemented Oracle Financials and Procurement Cloud With the implementation of Oracle SCM Cloud, a single unified system was now available for Guardant Japan.

Challenges of reconciliation of inventory and costing between legacy systems and Oracle Financial Cloud were eliminated with the implementation of Oracle Fusion SCM. A foundation was created to perform lab operations and billing using Oracle Fusion Applications for project-based and non-project-based orders.

The solution focused on Implementing Oracle Cloud SCM with the industry’s best-standardized practices.

  • Inventory
  • Manufacturing
  • Order Management
  • Cost Accounting
  • Project Billing
  • Accounts Receivables

The Solution

Implementation of Oracle SCM Cloud, Project Billing, and Accounts Receivables. The following modules were implemented:

  • Inventory Management
  • Manufacturing Process Management
  • Order Management
  • Cost Accounting
  • Project Billing
  • Accounts Receivables

Business Requirements

SITUATION BEFORE:

  • Use of the legacy system for inventory and Cost Accounting
  • No system in place for managing manufacturing work orders
  • No system in place for order management

TURNING POINT:

Guardant was embarking upon lab operations from its Japan entity and all necessary approvals for making the lab operational were being sought. It was essential to have system readiness to support the operations from Japan.

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Business Challenges

Application stability

Application stability, new rollouts, and support

User training

User training, process documents

Operational issues

Operational issues, accurate management reporting like reports around revenue and master data management

Situation Now / Results

With this implementation, all the necessary system support for lab operations in Japan is in place. Legacy systems for inventory management and cost accounting were sunset. Guardant had already implemented Oracle Fusion Financials and Procurement; therefore, with the implementation of the above modules, a single unified system is now available for Guardant Japan. Intercompany transactions also enabled seamless transactions between the Guardant US and Japan entities.

The Benefits

SPEED:

Implementation was done in 2 of 4 phases – Phase 3 and Phase 4. In Phase 3, Inventory, Manufacturing and Cost Accounting was implemented and in Phase 4, Order Management and Project Billing were implemented.

Phase 3: 2 months

Phase 4: 3 months

PERFORMANCE:

Laid foundation for system readiness of lab operations. We achieved significant efficiency improvement in the reconciliation process for inventory and cost accounting.

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