Ventana Research Blog Oracle Advances its AI-Enabled Supply Chain Management Suite

Oracle announced significant updates to its Fusion Cloud Supply Chain & Manufacturing (SCM) software at the recently held Oracle Cloud World. The application suite includes procurement, inventory management, warehouse management, order management and transportation management. SCM tasks are mostly small-scale and repetitive, yet the processes they support are far from simple. They involve the intricate choreography of often complex activities that require the accurate communication and transmission of bucketloads of data. Far from static, supply chain managers must constantly adjust to changing market conditions and prices, as well as adapt to unforecastable disruptions. There is a lot of manual effort involved, and historically users have had to contend with applications sporting “w” (user-unfriendly) interfaces and fragmented systems. For these reasons, SCM is a corporate function ripe for applying artificial intelligence (AI) and generative AI (GenAI) to achieve significant improvements in productivity. Supply chain management is also an area where ISG Research finds a high propensity for enterprises to spend on AI, coming in second behind sales performance management in terms of an average acceptable price per seat increase.