The News Caravan

Tag: Oracle

  • New AI, automation tools in Oracle Fusion Cloud to boost supply chain management

    New AI, automation tools in Oracle Fusion Cloud to boost supply chain management

    [ad_1]

    New Delhi; Cloud major Oracle on Monday introduced new AI and automation capabilities across its Fusion Cloud Supply and Manufacturing (SCM) applications to help customers accelerate supply chain planning, increase operational efficiency and improve financial accuracy.

    Supply chain disruptions have become a business reality, amplified by global and domestic socio-economic dynamics, trade restrictions, compliance issues.

    “India being a key player in the Asian region and global trade ecosystems, there is a massive need for both public and private sector to have supply chain frameworks that drive system integration, identify risk concerns, and produce leads to drive efficiency,” said Kaushik Mitra, Senior Director, Cloud ERP, Oracle India.

    MS Education Academy

    Given the complexities, stakeholders are required to have effective technologies that are innovative and sound enough to handle the complex processes, identify and reduce bottlenecks and track the movement across supply chains accurately.

    “With latest enhancements in Oracle SCM solution and Oracle’s complete suite of integrated Fusion applications, organisations can manage supply chain data on the same platform as finance, HR, and customer experience to accelerate the quote-to-cash process, break down silos within operations and remove barriers that have traditionally existed between various business functions,” Mitra explained.

    New AI features help customers improve the accuracy of lead time assumptions by using machine learning to highlight variances based on actual performance.

    “The last few years have highlighted the value of supply chain insights, efficiency, and accuracy, and the consequences of moving too slow when a disruption occurs,” says Jon Chorley, senior vice president of supply chain applications and chief sustainability officer, Oracle.

    Part of Oracle Fusion Applications Suite, Oracle Cloud SCM helps organisations seamlessly connect supply chain processes and quickly respond to changing demand, supply, and market conditions,” said the company.

    [ad_2]
    #automation #tools #Oracle #Fusion #Cloud #boost #supply #chain #management

    ( With inputs from www.siasat.com )

  • Oracle introduces new logistics capabilities to boost global supply chains

    Oracle introduces new logistics capabilities to boost global supply chains

    [ad_1]

    New Delhi: Cloud major Oracle is introducing new logistics capabilities within its Fusion Cloud Supply Chain and Manufacturing (SCM) offerings, that will help customers cut costs, improve accuracy and automate regulatory compliance.

    Logistics leaders are overwhelmed with a recent buildup of port and shipping delays, fluctuating fuel costs, and evolving trade regulations while also being at the forefront of efforts to reduce carbon emissions of goods in transit.

    “The last few years tested the flexibility of global logistics operations and many organisations have struggled to keep pace with the changing market,” said Derek Gittoes, vice president of supply chain management product strategy, Oracle.

    “With Oracle Transportation Management and Oracle Global Trade Management, organisations can rapidly adapt to changes in their supply chain and logistics network,” he added.

    The new capabilities help customers validate Certificate of Origin, reduce tariffs, and enter new markets.

    With a deep view into the bill of materials, Trade Agreement Qualification enables customers to comply with labor regulations and prove where goods were produced via auditable records, said Oracle.

    “As an increasing number of Indian businesses continue to expand overseas, the ability to respond quickly to changing demand, supply, and market conditions can be a huge competitive advantage,” said Kaushik Mitra, senior director, Cloud ERP, Oracle India.

    With the new logistics capabilities, supply chain professionals will gain real-time insights across the entire supply network to make critical business decisions and respond to any global change with confidence, Mitra added.

    [ad_2]
    #Oracle #introduces #logistics #capabilities #boost #global #supply #chains

    ( With inputs from www.siasat.com )