Oracle expands supply chain cloud offerings
August 16, 2017
Oracle has expanded its supply chain management cloud to help organisations embrace demand driven processes and capabilities without the complexities and constraints of traditional supply chain architectures.
The release includes features such as supplier collaboration, quality management, maintenance, sales and operations planning, demand management, and supply planning.
To manage accelerating technology, business and industry changes, organisations are rethinking traditional supply chain systems to make them connected, agile and customer-oriented. The latest release of Oracle SCM Cloud lets organisations meet these changing market needs and customer service requirements by supporting demand-driven, aligned and digitally connected business models. As a result, they can improve customer service and customer-direct channels, while facilitating increased margins, reduced inventory costs and fewer supply disruptions.
"Business leaders recognise the undeniable benefits of digitising core business functions like the supply chain, yet many still struggle to maintain out-dated supply chain systems that are designed for the problems of the past not the challenges of the future," said Jon Chorley, chief sustainability officer at California-based 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 organisations need to successfully balance supply and demand across increasingly complex global supply chains."
With the release, Oracle says it is significantly expanding the industry's broadest cloud-based supply chain management suite. This release includes the introduction of six applications and hundreds of capabilities that support demand-driven business models with modern end-to-end supply chain best practices, as well as user experience enhancements, including infolets.
The six added products are:
- Sales and operations planning (S&OP) cloud: Executes strategy consistently with enterprise-wide alignment and visibility for growth and profitability, helping organisations achieve business goals by quickly evaluating and acting on plans. Organisations can benefit from aggregate planning with social collaboration and S&OP process management by aligning sales and operations to enhance decision making using embedded analytics.
- Demand management cloud: Enables organisations to achieve business objectives by optimising product introductions, improving decision making and synchronising cross-functional demand plans. Organisations can improve demand visibility, manage demand variability and accurately sense, predict and shape customer demand.
- Supply planning cloud: Adapts quickly to fluctuating demand with the ability to plan for multiple manufacturing and fulfilment strategies in real time, including planning global supply chain activities, monitoring and prioritising problem areas, and evaluating and executing the actions that will have the greatest impact. Enables greater agility with a genealogy and installed base system that tracks as-built details and is leveraged by the maintenance cloud and the service contracts cloud.
- Supply chain collaboration cloud: Supports increased business velocity by letting organisations plan, manage and collaborate with suppliers and contract manufacturers more efficiently. Organisations can benefit from integrated planning, orchestration, visibility and execution to transact with trading partners, collaborate on order forecasts and manage exceptions, track production processes more effectively, and gain control over outsourced operations.
- Quality management cloud: Delivers product quality to protect organisations' brands with the combination of collection, analysis and action. Enables organisations to drive best practices from issue to resolution by providing a comprehensive and integrated service for auditable, closed-loop quality management.
- Maintenance cloud: Enables improved return on capital and lower costs with the ability to maintain enterprise assets. Helps organisations achieve efficient and productive maintenance operations. Organisations can leverage 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.
- Information-driven navigation: All user functions are now accessible through role-specific dashboards and landing pages composed of analytic infolets that highlight issues and direct users to relevant actions.
- Inventory: Ability to source all requisitions from internal warehouses.
- Manufacturing: Full support of outside processing.
- Mobility: A mobile application to collect and vote on product innovation ideas.
- Order management: Integration with the configure, price and quote (CPQ) cloud and the ability to use the SCM configurator within CPQ.
- User experience: Redesigned self-service procurement constructed around the familiar shopping cart experience.