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Retail supply chain collaboration: Oracle introduces cloud platform
Summary
Oracle introduced Oracle Retail Supply Chain Collaboration, a cloud-based, AI-enabled platform designed to enhance coordination and oversight between retailers and their suppliers; it centralizes vendor communications and integrates with Oracle's Retail Merchandising Foundation Cloud Service.
Content
Oracle has introduced Oracle Retail Supply Chain Collaboration, a cloud-based software solution for coordinating retailers and suppliers. The company describes the system as using artificial intelligence to provide predictive insights on potential disruptions and to support compliance and sustainability auditing. It establishes a centralized portal for managing vendor communications, documentation, and product data synchronization. The solution is integrated with Oracle's Retail Merchandising Foundation Cloud Service.
Key facts:
- Oracle introduced Oracle Retail Supply Chain Collaboration, a cloud-based software solution for retailer-supplier coordination.
- The system uses artificial intelligence to offer predictive insights on potential disruptions and to support compliance and sustainability auditing, as described by Oracle.
- It creates a centralized portal for vendor communications, documentation, and product data synchronization.
- The solution is integrated with the Oracle Retail Merchandising Foundation Cloud Service to connect with existing merchandising workflows.
Summary:
Oracle says the platform is intended to provide a more transparent and responsive framework for managing complex global supply chains by combining AI-driven insights with centralized vendor management. Undetermined at this time.
