SAN FRANCISCO, Sept. 17, 2019 /PRNewswire/ -- ORACLE OPENWORLD -- To help organizations plan and execute more efficient and agile supply chain operations, Oracle has expanded Oracle Supply Chain Management (SCM) Cloud with new collaboration, integration, and digital assistant capabilities. The latest updates to Oracle SCM Cloud include the introduction of Oracle Business Network, a B2B network, and a new digital assistant for supply chain.
"In many cases, the natural complexity of an organization's supply chain is made worse by the complexity of the technology used to manage it," said Jon Chorley, chief sustainability officer and group vice president, supply chain management, Oracle. "To outpace change and stay ahead of competitors amid changing market conditions, organizations need technology that removes complexity and provides clear and actionable insights into their business. The new innovations within Oracle SCM Cloud help customers streamline collaboration with new trading partners and improve operational intelligence so they can move faster and outperform the market."
Oracle Business Network
Oracle SCM Cloud includes comprehensive capabilities to connect various trading parties for B2B collaboration, either directly or through third-party networks, such as Transcepta for e-invoicing, Justransform for logistics and GHX for healthcare. The release of the Oracle Business Network further simplifies this process by enabling customers to easily search for and connect to trading partners who are already registered on the network directly from within Oracle Cloud Applications. This enables seamless electronic exchange of business documents and removes the complexity of establishing and supporting these trading relationships. In addition, a planned integration with Oracle DataFox will enable real-time trading partner insights from DataFox's AI-sourced-and-managed firmographic dataset to reduce risk and to further improve business agility.
Oracle Digital Assistant for Supply Chain Management
Digital assistants represent a new paradigm for user interaction, where there is a "conversation" between the user and the digital assistant with "skills" to monitor activity and spot and solve problems rapidly and effectively. Oracle Cloud Applications are developing digital assistant skills across a wide variety of use cases, including supply chain. Oracle Digital Assistant for Supply Chain Management provides an intuitive and conversational user interface to help customers simplify root-cause analysis for improved supply chain performance. Initial functionality will focus on logistics uses cases (including checking on status, tracking deviations from plans, and reporting incidents), with plans to expand to all aspects of supply chain.
Oracle was named a Leader in Gartner's recent "Magic Quadrant for Supply Chain Planning System of Record." Oracle was named a Leader in the "Magic Quadrant for Warehouse Management Systems" and "Magic Quadrant for Transportation Management Systems."
For additional information on Oracle Supply Chain Management (SCM) Cloud, visit Facebook, Twitter or the Oracle SCM blog.
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About Oracle
The Oracle Cloud offers a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.
About Oracle OpenWorld
Oracle OpenWorld, the industry's most important business and technology conference for more than 20 years, hosts tens of thousands of in-person attendees as well as millions online. Dedicated to helping businesses leverage cloud for their innovation and growth, the conference delivers deep insight into industry trends and breakthroughs driven by technology. With thousands of sessions, demos and hands-on labs, plus exhibitions from more than 250 partners and customers from around the world, Oracle OpenWorld has become a showcase for leading cloud technologies, from Cloud Applications to Infrastructure. For registration, live keynotes, session details, news and more visit www.oracle.com/openworld or www.oracle.com/newsroom.
Future Product Disclaimer
The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, timing, and pricing of any features or functionality described for Oracle's products may change and remains at the sole discretion of Oracle Corporation.
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