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IT Innovation, Oracle News | August 15, 2017

A Supply Chain to Meet Modern Demands

By: Margaret Harrist | Director, Content Strategy and Implementation

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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That’s not possible with outdated and disjointed systems.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undeniable benefits of digitizing core business functions like the supply chain, yet many still struggle to maintain outdated supply chain systems that are designed for the problems of the past—not the challenges of the future,” says Jon S. Chorley, chief sustainability officer and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:

  • Oracle Sales and Operations Planning Cloud: Executes strategy consistently with enterprisewide alignment and visibility for growth and profitability, helping organizations achieve business goals by quickly evaluating and acting on plans. Organizations can benefit from aggregate planning with social collaboration and sales and operations planning process management by aligning sales and operations to enhance decision making using embedded analytics.
  • Oracle Demand Management Cloud: Enables organizations to achieve business objectives by optimizing new product introductions, improving decision making, and synchronizing cross-functional demand plans. Organizations can improve demand visibility; manage demand variability; and accurately sense, predict, and shape customer demand.
  • Oracle Supply Planning Cloud: Adapts quickly to fluctuating demand with the ability to plan for multiple manufacturing and fulfillment strategies in real time, including planning global supply chain activities, monitoring and prioritizing problem areas, and evaluating and executing the actions that will have the greatest impact.
  • Oracle Supply Chain Collaboration Cloud: Supports increased business velocity by enabling organizations to plan, manage, and collaborate with suppliers and contract manufacturers more efficiently. It enables organizations to benefit from integrated planning, orchestration, visibility, and execution to better transact with trading partners; collaborate on order forecasts; and manage exceptions, track production processes more effectively, and gain control over outsourced operations.
  • Oracle Quality Management Cloud: Delivers exceptional product quality to protect organizations’ brands with the combination of collection, analysis, and action. Enables organizations to drive best practices from issue to resolution by providing a comprehensive and integrated solution for auditable, closed-loop quality management.
  • Oracle Maintenance Cloud: Enables improved return on capital and lower costs with the ability to better maintain enterprise assets. Helps organizations to achieve efficient and productive maintenance operations with a complete integration of maintenance, supply chain, and financial applications to transform asset maintenance from a complex and expensive process into one that can open up the ability to gain a competitive advantage.

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.

Director, Content Strategy and Implementation

Margaret Harrist is a senior content strategist for Oracle.

More about Margaret Harrist

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