Oracle launches New Inventory tool to boost Supply Chains

Oracle has announced the addition of a new solution to its Oracle Fusion Cloud Supply Chain and Manufacturing (SCM) offering, part of the Oracle Fusion Cloud Applications Suite, designed to streamline warehouse management operations and improve overall supply chain performance. Called Oracle Fusion Cloud Advanced Inventory Management, the solution leverages built-in AI to streamline business processes, improve decision-making, and optimize order fulfillment.

“Traditional, manual inventory management challenges companies face with increasing errors, higher inventory costs, and delayed order fulfillment as they struggle to keep up with the demands of an evolving supply chain,” said Srini Rajagopal, vice president, Logistics Product Strategy, Oracle. “Oracle Advanced Inventory Management is designed for organizations in healthcare, manufacturing, and distribution that need more than simple inventory management functionality, but without the complexity of a full-fledged warehouse management system. This solution enables these organizations to automate and streamline their operations, resulting in greater productivity.”

Oracle Advanced Inventory Management, part of Oracle Fusion Cloud Inventory Management , helps organizations easily manage and execute tasks to accelerate inventory transactions and order processing, improve logistics collaboration, and increase the efficiency of overall warehouse operations. The solution includes capabilities such as:

Streamline task assignment and execution: Assign tasks such as pick lists, routine replenishment, cycle counts, physical counts, and deliveries to the appropriate team members, reducing duplication of effort and enabling faster and more accurate task completion.

Simplified inventory transactions: By utilizing license plate numbers, tasks such as receiving, shipping, inventory transfers, and stocktaking can be efficiently performed within Oracle Inventory Management, and inventory information can be updated in real time, improving inventory management accuracy and work efficiency.

Real-time cross-dock notifications: Streamline order fulfillment and save time by notifying team members in real time when open orders can be shipped directly, rather than being held in the warehouse.

Shipment grouping by load unit: Improve logistics operations and reduce transportation costs by assigning load numbers to consolidate multiple shipments into one container or truck.

Recommend optimal storage locations: By suggesting optimal storage locations for incoming items, you can speed up storage location decisions and improve space utilization.

AI-powered inventory automation: Leverage the AI capabilities built into Oracle Inventory Management to optimize inventory levels, automate replenishment, and automate routine inventory tasks to improve operational efficiency.

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Oracle Cloud SCM offers comprehensive functionality to address a variety of inventory management needs through solutions such as Oracle Inventory Management, Oracle Advanced Inventory Management, and Oracle Warehouse Management . It can be used for inventory management of any scale, from manufacturing sites, temporary storage locations, and external warehouses to large distribution centers with complex operational needs.

オラクル Cloud SCM seamlessly connects processes across the supply chain, helping companies respond quickly to changes in demand, supply, and market conditions. Furthermore, built-in AI acts as an advisor, analyzing supply chain data, generating content, and improving and automating business processes to improve business efficiency and build a resilient supply network.

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