Oracle is introducing new capabilities across Oracle Fusion Cloud Applications Suite to accelerate supply chain planning, increase operational efficiency, and improve financial accuracy. The new capabilities include new planning, usage-based pricing, and rebate management within Oracle Fusion Cloud Supply Chain & Manufacturing (SCM) and enhanced quote-to-cash processes in Oracle Fusion Applications.
Complex and costly integrations slow down business processes and affect financial accuracy and profitability, especially when a disruption occurs. An integrated platform that enables AI and automation to be embedded in supply chain processes is necessary to address the challenges.
Oracle’s suite of integrated applications enables organizations to manage supply chain data on the same platform as finance, HR, and customer experience to accelerate processes like quote-to-cash and remove barriers that have traditionally existed between different business functions.
New supply chain updates to the Oracle Fusion Applications Suite include:
- AI-powered lead time estimates in Oracle Supply Chain Planning:To improve the accuracy of lead time assumptions by using machine learning to highlight variances based on actual performance. The new feature can improve planning efficiency and results by identifying lead time trends, anomalies, and their potential impact with prioritized actions and resolution suggestions.
- Enhanced quote-to-cash process in Oracle Fusion Applications: Helps customers centralize subscription orchestration and usage ratings, comply with accounting requirements, improve order management, reduce costs and time to market, and provide a seamless customer experience.
- New rebate management capabilities in Oracle Channel Revenue Management: Streamlines rebate programs, improve audit claim accuracy, and gain better visibility into program performance.
The Oracle Cloud SCM helps organizations seamlessly connect supply chain processes and quickly respond to changing demand, supply, and market conditions. Oracle claims it provides the most complete suite of enterprise applications on a single integrated cloud platform.