Hyderabad: Sierra Atlantic''s ECO Lens product has received the ''North America Oracle PartnerNetwork solution of the year 2004'' award in the industry solution category for its value-add to streamlining the engineering change order (ECO) management process and reducing excess and obsolete (E&O) inventory.

"We are thrilled that Oracle has recognised ECO Lens as a leading solution for engineering change optimisation," said Sarath Sura, managing director, Sierra Atlantic. "This award further raises ECO Lens'' profile, and we expect more Oracle customers to benefit from ECO Lens to eliminate inventory excess and obsolescence costs by optimising the date of product changes." ECO Lens is an easy to use, browser-based composite analytic applications that are deployed on top of existing infrastructure with zero production downtime. It analyses product change information from ECOs against supply and demand data from various modules in Oracle manufacturing to arrive at implementation scenarios for a number of effectivity dates for an ECO.

Detailed material dispositions and the corresponding cost impact are presented for each implementation scenario. By assessing the impact of a product change before release, users can uncover hidden costs and determine the optimal date to introduce product changes. ECO Lens helps customers realise high return on investment by reducing E&O inventory resulting from poorly implemented product changes, reducing ECO cycle times and streamlining the material disposition process tied to ECO.