What makes the Oracle Fusion Cloud SCM #1?
Supply Chain Management is one of the hottest topics of the era, which is currently undergoing a profound change propelled by technology and unfortunately, the pandemic. And major efforts in the sphere are made by the Oracle’s Fusion Cloud SCM alone, that includes a comprehensive suite of cloud-based applications designed to afford manufacturers the quickest route to streamlining not just the supply chain management, but also finance, human capital, and customer experience.
The Oracle Fusion Cloud SCM is pioneering the space by helping manufacturers acquaint with, and leverage AI, ML, and even Blockchain into real-time forecasting, end-to-end visibility, disaster-proof planning, process automation, etc., across all aspects of supply chain management and manufacturing, including the Supply Chain Planning, Inventory Management, Manufacturing, Maintenance, Logistics, Order Management, Procurement, Product Lifecycle Management, Tracking, and Analytics. Hence, in a nutshell, the Oracle Fusion Cloud SCM maximizes process efficiency at all levels (manufacturing, storage, and distribution), minimizes costs, and offers the hard-won resilience in disruptive times.
However, what exactly makes the difference for Oracle Fusion Cloud SCM? Let us briefly explore.
New features every quarter
Oracle’s Fusion Cloud SCM’s leading position is attributable to its commitment towards the cause of integrating technology with supply chain management. Evidently, Oracle understands the importance of consistency and continuity of the new technologies in the form of regular features and maintenance updates. Oracle understands that an application cannot go through 5-10 years of waiting period to receive the vital upgrades. Rather, technology is meant to keep pace with the needs surrounding it, and perhaps exceed them at times. Owing to which, Oracle rolls out upgrades every quarter for all their SaaS products, placing the global standard for ‘software support’ very high.
The role of Oracle Fusion Cloud SCM’s pure innovation
Only a decade ago, i.e., before the announcement of Oracle Cloud applications, the manufacturing sector was devoid of innovation in their day-to-day supply chain transactions, supplier relationships, etc., let alone the automation, data analytics, and machine-learning powered sourcing, logistics, and production. Whereas, today, manufacturers can accurately forecast and automate stocking up of inventories, based on the analytics performed on massive lakes of data, representing varied external factors capable of affecting the supply.
Similarly, the Oracle Transportation Management (OTM) unprecedentedly handles the distribution segment of the supply chain. Even the Oracle IoT Fleet Monitoring that can predict the transit durations for shipments, minimize unplanned delays (which by the way adds to increased customer satisfaction) and the costs associated thereof, and optimize the overall logistical efficiency, all backed by data, artificial intelligence, analytics, and deep learning.
Therefore, the journey of the Oracle Cloud SCM is itself a testimony of its contribution to transforming manufacturing via pure innovation.
The power of the Oracle Cloud Infrastructure
The Oracle Cloud Infrastructure (OCI) is the cornerstone of all the breakthroughs Oracle has undertaken in the sphere of SaaS for supply chain and manufacturing. With the help of OCI, thousands of businesses across the globe power their operations and grow out of proportion. Thanks to the OCI’s sheer performance, scalability, availability, security, continuity, and the ease for accessing them all.
The Oracle Fusion Cloud SCM is also powered by the same OCI for offering the manufacturing sector the simple iterative capabilities to create massive difference in supply chain transactions, as well as manufacturing.
Transparency and collaboration
Lastly, the transparency part, which is rather a business model that Oracle conforms to, without losing a single opportunity to apprise their customers about the present involvements, and the future. Oracle publishes tens of blogs, press releases, videos, etc., on a daily basis, to keep their customers in the loop, 24/7.
Further, Oracle’s focus has parallelly been on to meeting customer expectations, besides innovation. And, owing to which, Oracle is constantly collaborating with other process-specific innovators in the block, for example, ServiceNow and its ITOM Visibility.
Hence, the time has come for a cutting-edge, comprehensive, cloud-based supply chain management suite, backed by recurrent feature and maintenance upgrades, innovation, OCI, transparency, and collaboration. It is time for adopting the Oracle Fusion Cloud SCM, and thereby, the due resilience for the manufacturing industry.
Nothing is more powerful than the idea whose time has come. ~ Victor Hugo