Global supply chains have undergone a massive stress test in 2020, and as far as we can see, this trend is likely to continue. To help customers address the challenges presented by widespread supply disruptions, market volatility, shifting global trade patterns, and changing customer expectations, Oracle has been hard at work on the latest updates to Oracle Fusion Cloud Supply Chain & Manufacturing (Oracle Cloud SCM).
The latest planning and management solutions in Oracle Cloud SCM will help customers build more resilient supply chains that can drive growth. They do this by helping customers improve the efficiency of company-wide operations, gain greater foresight into supply and demand across their networks, and deliver enhanced service to their customers.
Prasad Rai, vice president, Applications, Oracle India said, “In the long-run, I expect, technology to play a strategic role in every single business process of an organization, initiative or aspect of the value chain as they pivot to become the Future Enterprise. Such businesses underpin business processes with technology, are fueled by innovation and are cloud-enabled. Some of our customers also are looking at technology investments with a fresh lens to emerge on the other side of the crisis more resilient, digitally empowered, and adaptable, and ready to capture new growth opportunities. I foresee that in the coming months, a truly digital economy will take centre stage and technology companies will play the role of ‘trusted advisors’ to businesses. Oracle equipped with cutting edge state-of-art solutions, is in a position to play this role. We have worked with enterprises of all sizes and industries like UST Global, RBL Bank, Save the Children, Tata Sons, Hindalco and many more during this crucial time by enabling their path to business continuity.”
Rick Jewell, senior vice president, Applications Development, Oracle said, “While my team is acutely aware there is no magic wand to eliminate the supply chain challenges organizations are facing, the new updates will provide crucial insights needed to create efficient and resilient supply networks. And regardless of what comes next, we’re fully committed to helping our customers and partners reimagine their supply chains to return to business growth.”