Businesses today not only need to respond quickly to shifts in the market and changing demand—they also must be able to tap into a range of internal and external data to predict and even shape demand, bringing together groups from across the company to plan and execute efficiently.
That’s not possible with outdated and disjointed systems. To help organizations gain the flexibility they need to meet rapidly changing demands and market conditions, Oracle has introduced significant expansions to Oracle Supply Chain Management (SCM) Cloud. As part of Oracle’s latest release of its cloud applications, Oracle SCM Cloud now includes six new products that enable companies to incorporate demand-driven, customer-focused processes and capabilities in the key areas of supplier collaboration, quality management, maintenance, sales and operations planning, demand management, and supply planning—as well as expanding capabilities across Oracle’s existing cloud-based SCM solutions.
“Business leaders recognize the undeniable benefits of digitizing core business functions like the supply chain, yet many still struggle to maintain outdated supply chain systems that are designed for the problems of the past—not the challenges of the future,” says Jon S. Chorley, chief sustainability officer and group vice president of supply chain management product strategy at Oracle. “Oracle SCM Cloud is built from the ground up for the cloud in order to support current and future business challenges. These enhancements go broader and deeper, demonstrating our commitment to supply chain excellence, which includes delivering the visibility, insights, and capabilities organizations need to successfully balance supply and demand across increasingly complex global supply chains.”
The additions to Oracle SCM Cloud include:
In addition to these new products, existing Oracle SCM Cloud modules have been significantly enhanced to provide role-specific dashboards and landing pages that highlight issues and direct users to relevant actions; integration with Oracle Configure, Price and Quote (CPQ) Cloud; a redesigned self-service procurement; and hundreds of other new capabilities.
Take a look at Oracle’s full line of modern, data-driven supply chain solutions in the cloud.
And for companies looking to add the advantages of Internet of Things technologies to their SCM operations, Oracle offers products that provide real-time data and insights to monitor assets, production, and fleets—and plans to add a product that helps companies monitor worker safety and health.