Oracle adds AI-powered tools to supply chain platform
Summary
The tactic has been popular among supply chain software providers, who have added AI features promising to help with a broad range of rote tasks, such as risk prediction or inventory visibility. Oracle said the new features aim to help comapnies save time, reduce errors, strengthen supplier operations, and improve negotiations. Updates included capabilities to combine transportation and trade data to improve decision-making; enhanced logistics network modeling to evaluate driver scheduling options and fleet performance; and an updated transport management app to help third-party providers and fleet-managed drivers bid, capture shipment actuals and launch maps. The SCM platform also launched improved work benches that provide logistics managers with a single view of operations to increase productivity, according to the release. This month, the company made updates to its AI-enabled demand planning feature launched in October, including additional data and product insights.
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