Today, Oracle has announced Release 13 of its Oracle Supply Chain Management (SCM) Cloud offering, aimed addressing the need for flexibility, collaboration, and customer-oriented focus that high-tech supply chains want to remain competitive and agile in the face of market volatility. In addition, the solution has the potential to help increase margins, reduce inventory costs, and minimize supply disruptions.
“Business leaders recognize the undeniable benefits of digitizing core business functions like the supply chain, yet many still struggle to maintain outdated supply chain systems that are designed for the problems of the past – not the challenges of the future,” said Jon S. Chorley, chief sustainability officer and group vice president of supply chain management product strategy at Oracle.
Release 13 of Oracle SCM Cloud has been designed to deliver a high level of functionality from the cloud. “The advantage of cloud is cost, scalability, and the ability to shift focus from running hardware and software to effecting business process change which is usually the more challenging thing,” Chorley told EBN. “Up until now, in many areas, the solutions available have not been sophisticated enough to run complex businesses in the supply chain space. Customer now have the option of moving to the cloud for all their business processes. Cloud has come of age for the supply chain with this release.”
The new release includes six new cloud-based solutions including modules for:
- Supplier collaboration: To help organizations efficiently plan, manage, and collaborate with suppliers and contract manufacturers.
- Quality management: To create auditable, closed-loop quality management support best practices from issue to resolution in order to protect the company’s brand.
- Maintenance: To help maintain enterprise assets and drive efficiency in maintenance operations.
- Sales and operations planning (S&OP): To help organizations evaluate and act on plans to align strategies across the enterprise and increase consistency.
- Demand management: To help increase demand visibility, manage demand variability, and accurately sense, predict, and shape customer demand.
- Supply planning: To plan for multiple manufacturing and fulfillment strategies in real time to react to market changes quickly.
In addition, the latest release adds new capabilities that " that support demand-driven business models with modern end-to-end supply chain best practices, as well as user experience enhancements,” Oracle said. New features include information-driven navigation presented through role-specific dashboards and landing pages; support of outside processing; support for use with mobile devices; and close integration with Oracle Configure, Price and Quote (CPQ) Cloud.
“These enhancements go broader and deeper, demonstrating our commitment to supply chain excellence, which includes delivering the visibility, insights and capabilities organizations need to successfully balance supply and demand across increasingly complex global supply chains,” said Chorley.
Release 13 includes a variety of enactments that are particularly compelling for high-tech and electronics companies, Chorely said. For example, sophisticated analytics and planning tools support the complexity that is typical to the sector. Further, collaborative planning offers the ability to work closely with partners. Finally, product life cycle management (PLM), configure to order, outside processing, and demand forecasting capabilities are robust enough for the high-tech sector, Chorely added.
Further, the solution is designed to be implemented as individual modules to allow organizations to move forward in the way that suits the organization best. Further, this version has focused on maximizing ease of use and quick time to value, Chorley said. “We’ve embedded a great many analytics in all the ways that people interact with the system and bring that to them in a very consumable way,” he added. “It’s been designed holistically so information flows easily from one system to another.”
— Hailey Lynne McKeefry, Editor in Chief, EBN