How Oracle SCM Modules Can Improve Supply Chain Processes

Improve your supply chain processes with Oracle SCM Cloud's modules flexible integration, built-in AI & enhanced productivity

The main purpose of the Supply Chain Management (SCM) process is to satisfy customers' requirements as efficiently as possible, from order initiation to fulfillment. What organizations need today is a helpful Cloud Advisory Service that can help them take control of the supply chain operations through effective planning and implementation knowledge.

From Farm to Fork

Supply Chain Management is an end-to-end business process that involves the flow of a product's entire lifecycle, such as where it originated, how the raw materials were moved and stored, and tracking its inventory to the final product of where it is going to be consumed - "Farm to Fork".

Oracle SCM Cloud Modules

Oracle SCM Cloud Modules:

  1. Supply Chain Planning - The market is growing at a rapid pace combining demand management, sales, operations planning, and supply and distribution planning to achieve better results using machine learning predictions.
  2. Procurement Cloud - From purchase order to settlement, an organization can now deploy the new purchasing practices with sourcing, contracting, procure-to-pay, analytic insights, and easily manage revisions features to help meet the customer changing business needs.
  3. Inventory Management Cloud - Ensure rapid order fulfillment by providing comprehensive materials management, real-time visibility of stocks, costs across your organization, suppliers, and global supply networks too.
  4. Order Management - Meet changing market needs by consolidating orders and invoices from all your channels with different fulfillment options like dropship, back-to-back, and configure-to-order.
  5. Logistics Cloud - Fine-tune warehouse operations and streamline delivery by integrating transportation, warehouse, and global trade management systems in one cloud-based suite. Respond faster to any disruption and resolve issues quickly using intelligent technologies for a seamless trade experience.

Insights and Benefits of Oracle SCM Cloud

Oracle Supply Chain Management offers continuously innovated solutions in complex supply chain activities:

  1. To improve supply chain functions, Oracle SCM Cloud empowers users with a flexible installation by choosing the right components to be installed and modules for integration.
  2. Access data from anywhere at any time by leveraging it through the cloud; you can access the important supply chain data to safely back up critical information.
  3. Cost optimization and enhance productivity throughout the supply chain thereby improving the visibility of customer service metrics.
  4. Equip and incorporate modern technologies like AI, blockchain, and machine learning.
  5. Without onsite support, the daily operational cost will drastically decrease as it supports the digital data exchange.

Oracle reports that migration to SCM Cloud has helped organizations:

  1. Cut transportation costs by 20%
  2. Speed up their order fulfillment by 3x
  3. Achieve a 96% delivery satisfaction rating

Cloud-based Supply Chain Management has several advantages when compared to the manual inventory process. However, there are a few roadblocks that any business may face especially when we talk about migrating it to the Oracle SCM Cloud.

Organizations started to witness enormous growth opportunities in migrating to the Oracle cloud-based SCM solutions with help of Oracle consultants. This ensures organizations have more control over critical applications while decreasing loss and business downtime.

Why SMACT Works

Cloud Advisory Services offered by cloud technology companies often focus on migrating any conventional business to the cloud. SMACT has invested in and developed solutions that have a strategic approach, proprietary tools, transformation framework, and accelerators that will reshape your logistics management by reducing the number of hands managing the goods. With the SMACT team, you can stay ahead of your competitors by improving order fulfillment, order management, decision making, and warehouse activities.

Oracle Cloud technology is frequently updated, so choosing the right Oracle Consulting Service partner right from the start ensures that your organization can leverage the many benefits of the cloud for ever-changing industry demands.

Comments

Post a Comment

Popular posts from this blog

Preparing to Adopt ERP Cloud - A Step by Step Cloud Migration Checklist

Image
In the past, migrating to the cloud was reserved for larger companies operating in multiple locations; however, whether companies of various sizes will migrate to the cloud is no longer a question of 'if', but 'when'. Facts to Think About Before Moving to ERP Cloud Current Trend: The cloud-based ERP market size is increasing, and it is projected to grow up to $37 billion by 2024. CFO's Trust: Most CFOs are looking for cloud ERP with features like a comprehensive global solution designed for organizations of any size and industry. Finance and IT leaders who truly understand cloud technology know that Oracle Financials Cloud has a complete solution like security, uptime, remote access, revenue recognition standards, governance, and risk management tools. ERP Cloud - Need of the Hour: Almost every organization has at least one application in the cloud. However, now that numbers continue to grow, and organizations are moving their critical applications to the cloud,
Read more

Why is it Important to Modernize Your ERP?

Image
Business around the world is changing and organizations need to adapt to the shifting market conditions. Financial organizations look for real-time financial information, predictive analytics and personalized simulation models. So, organizations need to move towards emerging technologies for enhanced performance. By infusing fundamental business systems with innovative technology capabilities, organizations can operate more effectively by overcoming these challenges. Oracle Cloud ERP is highly scalable and runs on our Gen 2 cloud infrastructure which provides an unmatched speed, security and continuity for organizations of any size. In a service-oriented world, organizations must continuously deliver exceptional experiences and stay ahead of ever-changing expectations. How Oracle Transformed Its Finance Operations with Oracle Cloud Provide finance team with enhanced visibility of our reported financials - actual numbers available in real time. Interactive visualizations helps the finan
Read more

Effectively Plan Oracle Cloud Applications Implementation

Image
Are you planning on implementing a new ERP or HCM system for your organization? Then selecting Oracle Cloud Application (Oracle ERP Cloud & Oracle Cloud HCM) is the first step. We have spoken with many CEOs / CTOs / CHROs and one common thread that we could gather from these discussions was that there is a lot of ambiguity, lack of clear information, and expert advice about the end to end implementation process.  Since this is one of the most important business decision for any organization when it comes to Oracle Cloud Applications implementation, it's important to identify a right partner who can help you in this process from cloud readiness to data privacy to security prioritization to end to end planning to cloud migration to business process mapping. 1. Assessing the Oracle Cloud Application  Understanding product capabilities is very important. Complete business process should be to make sure if the application is appropriate for the business requirements or not. Ma
Read more