Oracle Enhances Fusion Cloud SCM With AI and RFID Features

Oracle enhances Fusion Cloud SCM with AI and RFID-powered features: Oracle has announced significant updates to its Fusion Cloud Supply Chain & Manufacturing (SCM) suite at CloudWorld 2024, introducing AI-driven enhancements and a new RFID-based inventory management solution for healthcare organizations.

AI-powered workbenches for improved productivity: The updates include new workbenches designed to streamline operations and increase efficiency in manufacturing and maintenance processes.

• A production supervisor workbench leverages generative AI for real-time insights into work orders and smart shift reporting, helping supervisors focus on critical issues affecting operational performance.
• The maintenance supervisor workbench, part of Fusion Cloud Maintenance, provides a unified view for scheduling and receiving real-time alerts on urgent matters, aiming to reduce asset downtime and boost productivity.

Enhanced order management capabilities: Oracle has also improved its Fusion Cloud Order Management module to optimize operational performance and customer engagement.

• New features allow users to perform mass actions on multiple order lines, utilize advanced search capabilities, and explore alternative fulfillment options.
• The update includes generative AI-powered order acknowledgment emails and change history notes, further enhancing the user experience.

Product Lifecycle Management (PLM) improvements: The Cloud PLM module within Fusion Cloud SCM has received several updates to enhance product development and supplier management processes.

• New search capabilities and user interfaces for item catalogs and bills of materials (BOM) have been introduced.
• A new PLM navigator and landing page, along with improved manufacturer management capabilities, offer better supplier and component visibility.

RFID-powered inventory management for healthcare: Oracle has introduced a new offering specifically tailored for healthcare organizations to improve patient care through better inventory management.

• The RFID for Replenishment solution, part of Oracle Fusion Cloud Inventory Management, integrates RFID technologies from Avery Dennison, Terso Solutions, and Zebra Technologies.
• This solution automates usage tracking, stock balance updates, location tracking, and restocking triggers for medical supplies and materials.
• Healthcare firms can benefit from real-time visibility into product inventory, reduced human error, and automated replenishment processes.

Continuous innovation in supply chain management: Oracle’s latest updates to Fusion Cloud SCM demonstrate the company’s ongoing commitment to enhancing its offerings with cutting-edge technologies.

• Earlier this year, Oracle added new capabilities to its Transportation Management and Global Trade Management applications.
• At CloudWorld 2023, the company introduced generative AI features across its entire Fusion Cloud Applications suite.

Broader implications for supply chain digital transformation: Oracle’s integration of AI and RFID technologies into its SCM suite reflects the growing trend of digital transformation in supply chain management.

• These enhancements have the potential to significantly improve operational efficiency, decision-making, and customer satisfaction for businesses across various industries.
• The focus on healthcare-specific solutions highlights the increasing demand for specialized supply chain tools in critical sectors.
• As AI and IoT technologies continue to mature, we can expect further innovations in supply chain management software, potentially reshaping how businesses manage their operations and respond to market demands.