Oracle, an IT software provider, has recently launched the latest updates to Oracle Fusion Cloud Supply Chain & Manufacturing. The updates help customers increase collaboration across supply networks, manage supply chain assets and implement long-term supply chain planning.
“The last 12 months have stretched supply chains to the limit as organizations wrestle with the disruptions of COVID-19, shifting global trade agreements, rapidly changing customer expectations, and numerous other unforeseen circumstances,” said Rick Jewell, senior vice president of Oracle Applications development. “With the new capabilities within Oracle Cloud SCM, we are helping our customers navigate this complexity and build more adaptable businesses that can respond to today’s challenges and whatever comes next.”
The latest features and capabilities within Oracle Cloud SCM include:
Oracle Logistics Digital Assistant:
Provides on-the-go access to real-time supply chain information through a conversational interface. In addition, users can now access order status and shipment tracking remotely without having to navigate through the Oracle Transportation Management (OTM) application or understand complicated data mappings.
Oracle AI Planning Advisor
Uses artificial intelligence capabilities embedded within Supply Chain Planning to display recommendations that optimize new product introduction and enable customers to respond to current and anticipated production disruptions.
Field Service Preventative Maintenance
New preventative service flows and break-fix and installation capabilities that are delivered via Service Logistics Cloud for Field Service.
Multi-Tier Supply Chain Collaboration
Oracle Supply Chain Collaboration can now synchronize upstream supply information such as on-hand balances, purchase order details and work order details from multiple tiers of external organizations. The data is then automatically shared with Oracle Supply Planning Cloud.
Planning for Project-Driven Supply Chain
Optimizes supply planning for project-specific material requirements and execution of purchase orders, transfer orders and work orders. By matching demand and supply based on flexible rules, customers are able to group projects and plan at the group level when supplies can be combined across many projects.
New Channel Revenue Management Capabilities
Streamline trade programs by enabling organizations to create, resolve and settle claims for deductions and overpayments.
Cross-Product Procurement Enhancements
External systems help customers integrate and extend procurement processes via new and modified REST APIs. Oracle Procurement Cloud features new deep links that provide navigation directly to application pages without using the menu structure. These links can be leveraged in a variety of ways, including in business intelligence reports, notifications and third-party application pages.
About Oracle Corporation
Oracle provides products and services that address enterprise information technology (IT) environments. The enterprise software company offers a range of cloud-based applications and platforms as well as hardware and services to help companies improve their processes. Oracle's applications center on enterprise resource planning, data management, collaboration, content and experience, business analytics, IT operations management, security, and emerging technologies. In recent years, Oracle has aggressively expanded through acquisitions that have helped build its cloud offerings. The company's mainstay product has been Oracle Database, one of the most popular corporate database offerings. More than half its revenue comes from international customers. The company was founded in 1977 and the founder was Larry Ellison.
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