Oracle now offers enhanced supply chain management capabilities

Oracle has introduced new logistical features to its Fusion Cloud Supply Chain and Manufacturing (SCM) to enhance the efficiency of global supply chains for businesses.

In order to assist businesses in improving the effectiveness of their global supply chains, Oracle has added new logistical features to Oracle Fusion Cloud Supply Chain and Manufacturing (SCM).

Oracle Global Trade Management and Oracle Transportation Management upgrades are designed to help businesses enhance logistics operations through cost savings, increased visibility, automated regulatory compliance, and better decision-making.

More intelligent approaches in this industry are highly desired as businesses confront major supply chain difficulties, such as component shortages, disrupted shipping routes, shifting global trade agreements, and unstable client demand.

Agile and effective procedures could be helpful to logistics professionals in navigating regulatory compliance, reducing the possibility of trade bottlenecks, and lessening the effects of continuous shipping disruptions. These processes would enable them to quickly adapt their supply chains to the changing global business environment.

According to Srini Rajagopal, vice president of Oracle's logistics product strategy, the past few years have put the world's logistics operations to the test, and many companies have found it difficult to adjust and protect their operations from continuous disruptions. One of the most recent enhancements is a new trade incentive program that lets users automate support for several trade programs tailored to different countries at the same time.

With the new features added every quarter, Oracle Cloud SCM aims to help customers create a resilient supply network and processes that outpace change.