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Talk to an Expert Oracle Fusion SCM (Supply Chain Management) is a comprehensive suite of cloud-based applications engineered to enhance and simplify supply chain processes. As a key component in the Oracle Fusion ERP and CRM Software Suite, it offers businesses a high-performing enterprise resource planning (ERP) solution.
Oracle Fusion SCM accommodates a broad spectrum of functionalities dedicated to the effective management of supply chain procedures. These include critical areas such as inventory management, order processing, procurement, product lifecycle management, demand planning, and logistics. By integrating these aspects, Oracle Fusion SCM enables businesses to gain increased visibility, control, and efficiency within their supply chain operations.
Oracle Fusion SCM offers optimized inventory management by minimizing stockouts and improving order fulfillment rates. Due to real-time insights into inventory levels, demand trends, and supplier performance, businesses can make data-driven decisions that adapt quickly to market fluctuations.
The procurement process becomes more efficient and automated with features like supplier management, sourcing, purchase order handling, and supplier collaboration. This digital approach decreases costs, strengthens supplier relationships, and ensures regulatory compliance.
Oracle Fusion SCM enables organizations to manage the entire product lifecycle effectively, from conception to distribution. Features such as centralized product data and streamlined collaboration expedite product time-to-market, reduce development costs, and ensure product quality and regulation compliance.
Equipped with robust logistics capabilities, Oracle Fusion SCM enhances transportation planning, execution, and real-time tracking. Features such as route optimization, carrier management, and real-time shipment visibility help businesses decrease costs and improve delivery performance.
Oracle Fusion SCM provides advanced demand planning capabilities, allowing businesses to accurately forecast customer demand and optimize inventory levels. This helps reduce stockouts, minimize excess inventory, and improve overall customer satisfaction.
With Oracle Fusion SCM, businesses can collaborate seamlessly with their suppliers, enabling real-time communication, shared visibility into demand and supply, and efficient resolution of issues. This fosters stronger supplier relationships, improves supplier performance, and enhances overall supply chain efficiency.