Tuesday, February 13, 2024

Facing Modern Challenges: Oracle's Role in Streamlining International Supply Chains


   
   In today's competitive global market, organizations must continuously strive to increase efficiency within their supply chains. Amidst challenging conditions such as component shortages, disrupted shipping routes, and fluctuating customer demand, Oracle presents an innovative solution. Oracle Fusion Cloud Supply Chain & Manufacturing (SCM), a part of Oracle CloudWorld, is introducing new logistics capabilities to optimize logistics operations.

   
   Unforeseen disruptions have tested the resilience of global logistics operations in recent years. Organizations are in dire need of agile and efficient processes that can insulate their business from these disruptions. Here enters Oracle Cloud SCM, a comprehensive solution designed to manage transportation, global trade, and distribution processes.


   Srini Rajagopal, Vice President of Logistics Product Strategy at Oracle, emphasizes the importance of Oracle Cloud SCM. The platform allows organizations to improve the speed and accuracy of operations, optimize service levels, address compliance, and mitigate the impact of supply chain disruptions.


   Oracle is introducing expanded business intelligence capabilities, enhanced logistics network modeling, a new trade incentive program, an updated mobile app, and improved workbenches. These updates to Oracle Transportation Management and Oracle Global Trade Management are designed to provide customers with a holistic, real-time view of their business.


   This feature enables customers to integrate transportation and trade data with other operational data in Oracle Fusion Data Intelligence, thus improving decision-making and global logistics performance.


   This tool assists logistics managers in modeling different scenarios and comparing various scheduling options for drivers, helping organizations improve assignment decisions and optimize fleet performance.


   This program allows customers to automate support for multiple country-specific trade programs, thus improving the accuracy and efficiency of trade program participation while reducing duty and tax costs.


   An intuitive, personalized experience is promised with the updated mobile app that supports bid on spot market shipments, capture shipment actuals, and launch maps.


   Oracle's improved workbenches provide a single view of operations, increasing productivity and improving business decisions. 


   Gisele Belotto of KPMG and Satish Sharma of Apollo Tyres share their experiences with Oracle, highlighting increased efficiency, lower costs, improved controls, and reduced risk across their operations.


 Oracle Cloud SCM helps organizations seamlessly connect supply chain processes and quickly adapt to changing market conditions. With new features added every quarter, Oracle Cloud SCM helps customers create a resilient supply network and processes that outpace change. 


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