The past 18 months have caused significant disruption in global supply chains and highlighted the critical impact of supply chain processes on bottom lines. In fact, a recent consumer survey found that 87% of Americans have been negatively affected by supply chain issues in the past year and people are concerned that supply chain disruptions, resulting from events ranging from natural disasters to changing global trade agreements, will never happen. to finish. The survey also found that supply chains have become a critical part of people’s purchasing decisions, and that organizations that do not prioritize their supply chains risk declining customer and customer loyalty. income.
“Supply chains are under intense scrutiny as organizations face new and unexpected disruptions,” said TK Anand, senior vice president of Oracle Analytics. “Now more than ever, businesses need real-time information on every element of their supply chain to help them make the right decisions and stay ahead of disruptive events and changing customer expectations. With Oracle Fusion SCM Analytics, customers can quickly discover insight into supply chain performance, identify problems, increase efficiency, and minimize supply chain disruption.
With Oracle Fusion SCM Analytics, customers will be able to:
- Gain visibility into supply chain performance: Improve supply chain efficiency and optimize costs with KPI dashboards that provide more detailed information on order management and fulfillment, stocks and purchases. These pre-built analyzes give business leaders instant access to comprehensive metrics and a better understanding of their supply chain performance, areas that need to be improved, and areas where they may be able to reduce costs.
- Correlate supply chain processes with business objectives: Easily assess the impact of supply chain decisions on key areas of the business to optimize resources, reduce costs and achieve customer service goals. The single data model that collects information across the organization enables timely and accurate decisions. For example, business leaders can address the talent shortage in the supply chain by examining HR and financial data from Oracle Fusion Cloud Human Capital Management (HCM) and Oracle Fusion Cloud Enterprise Resource Planning (ERP). ). This will help them identify labor and skill needs across the supply chain and operations so they can build the teams they need to meet new demand. Organizations can also enrich analysis by incorporating third-party data such as environmental, social, and governance (ESG) data, industry benchmarks, and other external data sets into Oracle Cloud SCM.
- Detect, Understand and Predict Supply Chain Problems: Machine learning and predictive analytics provide automated insight into supply chain data to identify cost reduction opportunities, detect bottlenecks operational throttling and predict future results. An open architecture supports data from external stakeholders in the supply chain, such as third-party service providers, to be brought to the warehouse. This allows business leaders to adapt more precisely and quickly to supply chain disruptions, such as sudden fluctuations in demand or component shortages. In addition, this information is easily accessible via voice on any device. For example, a business owner might ask “show me my forecast of supply and demand by location” and the service will allow them to see or hear the response immediately on their phone, tablet or computer.
To help customers discover unique insights faster, Oracle Fusion Analytics Warehouse enables organizations to break down organizational silos and analyze financial, supply chain, and HR data on a single, integrated cloud platform. Fusion SCM Analytics is the latest Fusion Analytics offering for the Fusion Cloud Applications suite, in addition to Fusion ERP Analytics and Fusion HCM Analytics.