REDWOOD SHORES, Calif., Oct. 15, 2018 /PRNewswire/ -- Oracle announced today that Oracle Supply Chain Planning (SCP) Cloud has been positioned as a Leader in the 2018 Gartner Magic Quadrant for Supply Chain Planning System of Record.
Oracle has traditionally had strong offerings in on-premises SCP applications, and the company believes the Magic Quadrant placement validates Oracle's success in yet again creating best-of-breed business applications, this time, natively, on the cloud.
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Over the last 20 years, Supply Chain Planning has matured from a niche process for early adopters to an integral and indispensable strategic tool for competing in the global marketplace. Supply Chain Planning practices are now critical for ensuring high customer service levels at the lowest possible cost, in a business climate characterized by increased demand volatility and supply chain complexity. According to the Gartner Magic Quadrant, SCP SOR has seven key functional areas which are Stage 3 sales and operations planning (S&OP), demand planning including collaborative demand planning, inventory planning including collaborative inventory planning, replenishment planning including collaborative replenishment planning, order planning/promising, production planning, and manufacturing scheduling.
According to Gartner, choosing a SCP SOR is a key decision. "Not only must it provide planning integration and visibility across a supply chain, it also must provide a critical steppingstone in an SCP technology roadmap that will help enable the business's future SCP aspirations. To be fully effective, an SCP SOR is deployed, at a minimum, at the supply chain planning organizational level, as opposed to SCP key functional capability or geographically."
Oracle is committed to investing in an integrated supply chain planning service that works seamlessly with innovative new technology such as artificial intelligence, the Internet of Things (IoT), and blockchain. Oracle SCP Cloud is integrated with the broader Oracle Supply Chain Management Cloud including capabilities that contain product innovation, strategic material sourcing, outsourced manufacturing, integrated logistics, omni-channel fulfillment, and integrated demand.
"We believe that our recognition as a supply chain planning leader comes from listening to our customers," said Vikash Goyal, Vice President of Product Strategy at Oracle. "Supply Chain Planning Cloud uses Oracle's modern, autonomous technologies to significantly improve both the speed and the quality of decision making for our customers. Equipped with best practice processes, guided user experience and intelligent recommendations, supply chain planning cloud is easy to implement and simple to use. We will continue to invest and innovate in this area and help our customers become leaders in their industries."
For additional information on Oracle Supply Chain Management (SCM) Cloud, visit Facebook, Twitter or the Oracle SCM blog.
Gartner, "Magic Quadrant for Supply Chain Planning System of Record," Amber Salley, Tim Payne, Alex Pradhan, 21 August 2018.
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