In order to help organizations plan and execute more efficient and agile supply chain operations, Oracle has expanded its Oracle Supply Chain Management (SCM) Cloud with some digital assistant capabilities that allow for collaboration and integration capabilities.
The latest updates to Oracle SCM Cloud include the introduction of Oracle Business Network, a B2B network, and a new digital assistant for the supply chain.
According to Oracle’s Chief Sustainability Officer and Group Vice President of the Supply Chain Management division, Jon Chorley, in many cases, an organization’s supply chain is actually made worse by the complex technology implemented in order to manage it.
An Oracle Solution
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 the 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 Introduces Your New 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.