We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • INDUSTRY PRESS ROOM
  • ABOUT
  • CONTACT
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • Parcel Forum 2022
    • MODEX 2022
    • Upload Your Video
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • Parcel Forum 2022
    • MODEX 2022
    • Upload Your Video
Home » Oracle updates Supply Chain Management Cloud for team communication
newsworthy

Oracle updates Supply Chain Management Cloud for team communication

March 21, 2019
DC Velocity Staff
No Comments

Business software giant Oracle Corp. has updated its Supply Chain Management (SCM) Cloud platform with features that could help global organizations become more responsive and efficient, the company said Tuesday.

Oracle's SCM Cloud is a suite of tools that invest the digital supply chain with capabilities that include product innovation, strategic material sourcing, outsourced manufacturing, integrated logistics, omnichannel fulfillment, and integrated demand and supply planning, the firm says.

The newest features will enable organizations to reduce costs and stay ahead of ever-changing customer expectations by connecting customer service and field technicians, aligning orders and invoicing with a project and/or an organization, and improving the orchestration of vendor-managed inventory,Redwood Shores, Calif.-based Oracle said.

These changes are enabled with artificial intelligence, blockchain, and Internet of Things capabilities that help users to enhance productivity, reduce costs, and minimize risk, the company said.

Together, they will help lay the foundation for a coming era of blockchain-enabled supply chain transparency, Jon Chorley, chief sustainability officer and group vice president, supply chain management, Oracle, said in an interview. "People are looking for ways to maximize their investment in inventory," Chorley said. "When you look at ways to optimize that, the collaboration aspect is so important, including trust factors and making sure that information exchange is timely."

Blockchain can be a crucial tool is reaching that goal, but since it is still a new technology, many users need to get an education in how it can impact their supply chains by running pilot projects instead of jumping immediately to broad implementations, he said. "That way you can understand where you might fit within a blockchain ecosystem. The technology will be so foundational going forward, but folks right now are looking for examples of how it gives value," Chorley said.

Future uses of blockchain technology within supply chain workflows could include the exchange of accurate and non-repudiatable information for transportation, logistics, and inventory management solutions, he said.

"I predict more than 50% of all enterprise #data will be managed #autonomously, and will be more #secure. That same capability will migrate into all of our #applications." -Oracle CEO @MarkVHurd at #OracleMBX Keynote pic.twitter.com/qmtjFRAfKC

— Oracle (@Oracle) March 20, 2019
Technology Business Management & Finance
KEYWORDS Oracle
  • Related Articles

    Oracle updates supply chain management suite

    Oracle upgrades cloud supply chain platform to enable greater resilience

    Oracle updates cloud WMS software

Recent Articles by DC Velocity Staff

Logistics gives back: February 2023

Intermodal sector weathered a “challenging” year in 2022, IANA says

Nocturnal robots stock store shelves

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • Schneider welcomes first battery-electric truck

  • Fred Smith is not worried about Amazon

  • RJW LOGISTICS GROUP EXPANDS RETAIL LOGISTICS OPERATION TO DALLAS

  • Outlook 2023: What’s in store for logistics/supply chain?

  • Maersk deploys indoor drones for warehouse inventory counts

Now Playing on DCV-TV

5afe63a5 7125 4318 b851 1e5738df1c91

Patterson Fan Co. | HVLS V-Series Ceiling Fan | Staging Area Air Movement

DCV-TV 4: Viewer Contributed
The Patterson V-Series is a high-volume, low-speed industrial ceiling fan that is designed to circulate a lot of air at a very low speed. These fans, ranging in diameters of 8’ all the way to 24’, are perfect for large, open spaces such as staging and shipping areas. One 24’ fan can generate a cooling effect of 6 –...

FEATURED WHITE PAPERS

  • The five best applications for robotic lift trucks in warehouse environments

  • Fulfillment Facility Improved Efficiencies by 4x

  • 3PLs: Complete Orders Faster with Flexible Automation

  • Reusable Packaging for the New Wave of Supply Chain Automation

View More

Subscribe to DC Velocity Magazine

GET YOUR FREE SUBSCRIPTION
  • SUBSCRIBE
  • NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2023. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing