Oracle expands supply chain cloud offerings
November 3, 2015
To help manufacturers address the needs of complex, global supply chains, California-based database software company Oracle has expanded its SCM supply chain management cloud offering with central planning and manufacturing modules. Additionally, it has enhanced capabilities in its order and supply chain management cloud products.
Together, these enable manufacturers to operate their supply chain in a modern cloud environment across the key business processes of: source to settle, including procure to pay and full direct material support; ideas to commercialisation for both manufactured and purchased products; order to cash and, with Oracle CX Cloud, to extend to marketing, sales and quoting; and plan to produce, combining planning, manufacturing and fulfilment.
Businesses in industrial manufacturing and high tech industries face an unprecedented level of complexity when managing their global supply chains. The global economy has forced companies to innovate quickly, execute rapidly and scale their supply chains, all while reducing costs. With the additions of the central planning and manufacturing clouds, manufacturers have a comprehensive, fully integrated suite of supply chain applications delivered in the cloud to address these challenges.
"Today's modern supply chain requires best-in-class technology powering modern holistic business process, and for this to be delivered in the cloud," said Rick Jewell, senior vice president at Oracle. "Oracle SCM Cloud now addresses all those needs with innovative and comprehensive solutions and, because this is also part of the Oracle Public Cloud, manufacturing companies can now operate their entire business on a single, integrated cloud platform, all from Oracle."
To streamline the plan to produce process into a single efficient flow, Oracle introduced Oracle Planning Central Cloud. This is a highly responsive planning application that integrates supply and demand planning into a modern graphical and intuitive analytics workbench. It combines forecasting, inventory and supply planning with a multi-dimensional analytics framework and will provide intelligent recommendations by presenting complex supply chain information in a simple and business focused format.
This allows planners to identify what is important, rapidly target the best resolution and put it into effect. The tight integration with other SCM Cloud applications eliminates the gap between planning and execution by allowing businesses to trigger material transfers, manufacturing work orders and purchase requisitions based upon the results of the plan.
The manufacturing cloud will give businesses the ability to set up and run production operations efficiently. The application lets users design the manufacturing process and processing standards, create and manage work orders and monitor shop floor status. This helps them quickly and easily execute jobs and analyse and control work order costs.
The manufacturing cloud was designed for ease of use. It starts with an industry standard data model to define plant data, but presents a modern user interface to give the engineer a graphical editing tool to build a sequence of operations that defines each manufacturing process. The application provides fully integrated support for multiple processes – build to stock, configure to order, assemble to order, outsourced – from product innovation to production to comprehensive cost management. It also integrates with PLM Cloud and Product Master Data Management Cloud to streamline the entire product innovation process from idea to concept to design to commercialisation to manufacturing.
The order management cloud can support multiple order capture sources such as CPQ Cloud, Commerce Cloud, EDI or legacy systems. It also includes its own built-in order capture, pricing and configurator capability, which can also be used to provide cross-channel order maintenance and management capabilities. It supports fulfilment within the SCM Cloud, as well as multiple external fulfilment sources. It supports complex fulfilment flows such as configure-to-order, drop-ship, back-to-back and internal material transfer flows.
These updates are complemented by existing and expanded capabilities in the rest of the SCM Cloud portfolio, including: direct material support in Oracle Procurement Cloud; complex fulfilment and inventory movement flows in Oracle Inventory Cloud; standard costing in Oracle Cost Management Cloud; and expanded integration and change management between Innovation Management Cloud, Product Development Cloud, Product Hub Cloud, Manufacturing Cloud and Projects Cloud.
This combination has been designed to support holistic business flows with fully integrated and consistent processes, while still preserving the ability to deploy in a targeted or incremental manner.