Oracle, a global database management company, has recently announce enhancements to its Oracle Fusion Cloud Supply Chain & Manufacturing platform.The updates to Oracle Cloud SCM aim to enable customers to proactively respond to change, capitalize on shifting market opportunities, orchestrate frictionless operations and drive sustainable business growth. 

The updates include:

• Production Scheduling: Helps customers manage production schedules with drag and drop capabilities, real-time analytics to monitor schedule performance and real-time work order synchronization with Oracle Manufacturing.
• Order Management Capabilities: Enables users to move on to other tasks while large orders are processed in the background, in addition to supporting the execution of secure and fast credit card payments.
• Procurement Capabilities: New auction pre-bidding capabilities help suppliers prepare for negotiations, improve the accuracy of contract information and expanded purchase order distribution capabilities.
• Maintenance Work Requests Through Oracle Help Desk: Enables any employee to report facility and asset related maintenance discrepancies.
• Lot Split, Merge, and Translate Services: Enable customers to split lots into smaller units, merge smaller lots into one large lot, and move units to a new lot using REST and file-based data import.
• IoT Asset Monitoring & IoT Production Monitoring Capabilities: Enable customers to monitor key characteristics of their assets and gain a full view of their production line output.

New logistics capabilities include:

• Transportation Management Machine Learning: Help customers accurately predict transit times.
• IoT Fleet Monitoring Machine Learning: Applies feature-based machine learning on OTM data to determine insights and predict transit times for planned shipments.
• Digitally Connected Logistics with IoT: Out-of-the box integration between OTM and Oracle IoT Intelligent Apps uses IoT sensor-based monitoring to track equipment, trailers, and pallets, as well as to monitor the condition of the cargo or inventory being transported. 
• Qualify Goods for Trade Agreements: Users can qualify products against global trade agreements to support customer sales orders and internal transfer order processes.

About Oracle

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.