Companies make thousands of decisions a day about what to produce, where to put product and what to promote. But they often make those decisions based on very limited information.

Oracle's newly launched update for its Oracle Fusion Cloud Application Suite will help customers with supply chain planning, operational efficiency and financial accuracy.

The report also found that global transportation costs have fallen below their long-term average thanks to lessening pressures on shipping, rail, air and road freight. 

Late payments also add to the financial pressures impacting suppliers, with 42% saying they expect to face increased borrowing costs over the next 12 months.

Enabling consistently fast, reliable, and robust integration processes is no easy task for a company — particularly those that see data come in large bursts.

Lacking foresight into what 2023 will bring, businesses nevertheless have the power to identify risks in the supply chain and prepare for the coming year. 

In a highly connected and digital world, fragmented supply chains simply don’t work. Organizations today require end-to-end visibility, to compete and navigate the challenges that have recently plagued global businesses.

Supply chain partners have never had greater access to tools for data collection and analysis than they do now, but many are failing to take full advantage of these resources. 

Today’s fast-moving, consumer-centric world requires a supply chain that’s significantly more complex, now accounting for sustainability and resilience as well. 

It’s time to reassess just-in-time inventory management.