Introduction
Oracle Supply Chain Management allows organisations to adapt and respond quickly to the changing equations in demands, supply, and fluctuating market conditions. It is a solution that allows seamless connections between your supply chain parties so that a robust network and process are in place to help your organisation adapt smoothly to changes.
About Oracle Cloud
Oracle Cloud allows companies to build resilient supply chain systems that contribute to the company’s overall growth. It helps proactively manage the supply chain assets, implement supply chain planning (in the long-term) and also aids customers in increasing collaboration across the various supply chain networks. The pandemic has added additional challenges to the supply chain management systems due to changing customer expectations, security concerns, rapidly changing global agreements and multiple other unforeseen issues. Oracle Cloud SCM is constantly coming up with technological updates that allow organisations to navigate smoothly through these complex circumstances, effectively respond to today’s business challenges, and prepare for the future.
Features of the Oracle Cloud SCM
Oracle Cloud SCM allows companies to scout for new opportunities, rethink their processes and effectively plan, execute, and manage these processes across their entire operations. First, let us look at some of the salient features of the Oracle Cloud Supply Change Management system.
- Digital Assistant – This allows you to access real-time information regarding your supply chain using a conversational interface. It has a quick response time, enables user satisfaction, and increases business efficiency. You can easily track your order and access its status remotely. There is no need to navigate through the complex Oracle Transportation Management (OTM) app. As a supply chain manager, you can be up to date with all your orders in transit and get timely updates on orders worldwide, with a click, on your mobile phone. The team at Convelox will set up the entire process for you, without any hitch.
- Artificial Intelligence (AI) Planning Advisor – This advisor uses artificial intelligence features embedded in the Supply Chain Planning system and puts forth recommendations that are helpful to customers. These recommendations work to optimise the (NPI) New Product Introduction and enable the customers to effectively respond to existing and anticipated product usage disruptions.
- Multi-Tier Supply Chain Collaboration – This improves the visibility in upstream supply. It allows for an increase in the responsiveness of the overall supply chain. It allows synchronisation of upstream supply data like purchase order details, on-hand balances, work order details and more – especially from the different tiers of outside organisations. This data is automatically uploaded to the Oracle Supply Planning Cloud.
- Field Service – Preventative Maintenance – This feature allows organisations to enhance customer experience using a continuous flow of preventative services, break-fix, installation capabilities and more, all of which are delivered using the Service Logistics Cloud. This acts as a boon for the Field Service personnel. The experts at Convelox will help you set up and implement this feature quickly.
- New Channel Revenue Management Proficiencies allow organisations to resolve, settle and create claims for overpayments and deductions. It allows to optimise and to streamline trade programs by simplifying the export of supplier claims and programs.
- Cross-Product Procurement Enhancements – These enhancements allow for the simplification of integration with external systems. This helps customers integrate and extend the procurement processes using new and updated APIs. Also, they let users easily navigate the different application pages without going through the entire menu. In addition, these APIs can be used in the creation of business intelligence reports and more. The Convelox team will guide you through these enhancements and the best way to use them for your business.
- Planning for Supply Chain (Project–Driven) – This allows optimising supply chain planning for material requirements that are project specific – like the execution of transfer orders, work orders, purchase orders etc. It matches supply and demand based on different algorithms. In addition, it allows customers to group projects and plan at the base level, where supplies are combined across multiple projects.
Oracle Cloud is a boon for Supply Chain Management systems. It allows organisations to optimise their resources, minimise costs and effectively manage their supply chain systems.
Convelox features an exclusive Oracle Cloud-focused implementation team of experts having the latest knowledge and relevant experience of Oracle Cloud Applications. They are affordable and innovative and offer customised, budget-friendly and time-bound Oracle Cloud implementations and integrations as per your organisation’s requirements. They assist your organisation in migrating to Oracle Cloud seamlessly. They support industries like Retail, Insurance, Communication, Entertainment, Financial Services etc. Get in touch with them today to migrate to Oracle Cloud and give your business leverage over your competition.
