It’s an exciting time to be in the supply chain industry – and a big week for Oracle

August 10, 2021 | 2 minute read
Terri Hiskey
Vice President, SCM and Manufacturing Product Marketing, Oracle
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Previously posted on LinkedIn.

The supply chain industry has never been more top of mind than it is today. And while I never could have predicted that I would forge a career in the industry, I’ve been interested in the space since I was a teenager.

After graduating from high school, I had the opportunity to start a pop-up sandwich restaurant that I playfully named “On A Roll.” We decided to feature hot dogs on the menu and had a freezer that could hold up to 500 hot dogs, so naturally I ordered 500 buns – but I quickly realized that our freezer was far too small to hold the buns, and we had to discard most of our inventory. Although I didn’t realize it at the time, my little sandwich shop taught me an important lesson about inventory and order management that I still lean on today.

For example, the pandemic has caused organizations to grapple with inventory imbalances like my hot dog bun surplus on a daily basis. But procurement leaders today face the additional complexity of a severe lack of visibility into their company spend – including what their organization is spending on, and with which suppliers – which can quickly lead to inefficiencies and increased risk.  

That’s one of the reasons why I’m very excited to share two significant updates today for our Oracle Fusion Cloud Supply Chain & Manufacturing (SCM) customers.  

Turbo-charging Oracle Procurement

First, today Oracle announced significant updates to our Oracle Fusion Cloud Procurement solution to help procurement leaders overcome their visibility challenges. Part of Oracle Cloud SCM and Oracle Fusion Cloud Enterprise Resource Planning (ERP), Oracle Procurement is a product suite that manages an organization’s complete source-to-settle cycle. It is designed to help our customers minimize risk, reduce costs, enforce compliant spending, and simplify supplier management and contracting.

New features added to Oracle Procurement to increase operational efficiency and reduce costs include Complex Procurement, Spend and Procurement Analytics, and DataFox Supplier Intelligence – and you can learn more about the exciting new updates in our blog post announcement from Oracle’s Rick Jewell here.

Embracing continuous innovation

To help our customers drive innovation across their supply chains, we hosted an Oracle Cloud SCM Virtual Summit on The Keys to Unlocking Continuous Innovation.

The virtual summit features sessions led by Oracle leaders (including Rick Jewell, Jon Chorley, and myself), as well as marquee global customers that are partnering with Oracle to embrace continuous innovation across their organizations.

Some of our featured customers include Alcar Ruote SA (a manufacturer and marketer of steel wheels), Tetra Pak (a provider of global food processing and packaging solutions), DP World (a global supply chain solutions provider), and Tramontina (a manufacturer of high-end houseware products). These customers have unleashed their innovation potential by unifying data and processes on a single platform, enabling them to make innovation more efficient, create value for their own customers, and increase organizational agility.  

Listen to the Oracle Cloud SCM Virtual Summit to learn how to modernize your systems for continuous innovation without disrupting the business.

We’re extremely excited to help our customers drive tangible business growth through reimagined, resilient supply chains. We look forward to seeing and hearing from you this week!

Terri Hiskey

Vice President, SCM and Manufacturing Product Marketing, Oracle

Terri Hiskey is the vice president of SCM and manufacturing product marketing for Oracle, leading the strategic development and execution of supply chain and manufacturing-focused content, programs, and assets. She came to Oracle from Epicor, a global provider of ERP solutions for small and midsize manufacturers and distributors, where she led the manufacturing product marketing team. Previous to that, Terri spent nearly a decade leading various SCM product marketing efforts to promote Oracle’s product lifecycle management, manufacturing, maintenance, and order management solutions. Terri has more than twenty years of technology marketing experience focused primarily on helping customers efficiently design, build, and service innovative products for the right markets at the right time. Based in Austin, Texas, she holds a BA from The George Washington University and an MA from Suffolk University.

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