Oracle Cloud SCM gets new capabilities to help manage logistics

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Summary

Oracle is adding new capabilities to its Supply Chain and Manufacturing (SCM) Fusion Cloud to help enterprises manage their logistics. The new features appear in its Oracle Transportation Management and Oracle Global Trade Management applications, and include expanded business intelligence capabilities, enhanced logistics network modelling, a new trade incentive program, and an updated Transportation Management Mobile application. The expanded business intelligence capabilities will allow enterprises to combine transportation and trade data with other operational data in Oracle Fusion Data Intelligence, an updated version of Oracle’s Fusion Analytics Warehouse built for Oracle Fusion Cloud Applications that helps bring together business data, ready-to-use analytics, and prebuilt AI and machine learning (ML) models. The combination of the data along with machine learning models will aid enterprises in making faster decisions around global logistics, the company said in a statement. This in turn helps optimizing fleet performance, the company said, adding that enterprises are currently facing many supply chain challenges, including component shortages, disrupted shipping routes, ever-changing global trade agreements, and volatile customer demand.

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