New AI, automation tools in Oracle Fusion Cloud to boost supply chain management

Cloud major Oracle on Monday introduced new AI and automation capabilities across its Fusion Cloud Supply and Manufacturing (SCM) applications to help customers accelerate supply chain planning, increase operational efficiency and improve financial accuracy.

Supply chain disruptions have become a business reality, amplified by global and domestic socio-economic dynamics, trade restrictions, compliance issues.

“India being a key player in the Asian region and global trade ecosystems, there is a massive need for both public and private sector to have supply chain frameworks that drive system integration, identify risk concerns, and produce leads to drive efficiency,” said Kaushik Mitra, Senior Director, Cloud ERP, Oracle India.

Given the complexities, stakeholders are required to have effective technologies that are innovative and sound enough to handle the complex processes, identify and reduce bottlenecks and track the movement across supply chains accurately.