Oracle unveiled a powerful new tool designed to improve the efficiency of the supply chain of small businesses that explore complex inventory problems. Company Advanced inventory management Solution, which is part of Oracle Fusion Cloud Supply Chain and Manufacturing Suite, aims to simplify the warehouse operation using embedded AI technology.
SRINI RAJAGOPAL, vice president of logistics product strategy in Oracle, said, “Organizations that depend on old and manual inventory processes are struggling to contribute to developing supply chain, errors, inventory costs, and delayed implementation.This new offering is aimed at medical, manufacturing and distribution companies. Efficient inventory management is effective. It is important.
Small companies that are limited to resources can especially benefit from this solution, which eliminates the need for too complex warehouse management systems. Instead, it provides a target function that meets specific inventory demands without overwhelming users.
The main features of Oracle Advanced Inventory Management include:
- Simplified work allocation and executionThis allows you to reduce cloning and improve the speed and accuracy of the completion of the task. Automated picks, counts and delivery can greatly improve their operation.
- Simplified inventory transactionBy using a license plate number for tracking, the business can improve the efficiency of receiving, transportation, transmission and inventory calculations, guaranteeing real -time updates and minimal manual interventions.
- Real -time cross docking warningThis feature can save time by providing opportunities to implement open demands without storing items.
- Road -based shipping group: Integrating shipments for transportation, if the logistics cost is lower, it is more efficient than shipping.
- Proposed locationOptimizing storage crystals can maximize space utilization in physical positions.
- AI drive automation: Embedded AI analyzes data, maintains optimal stock levels, and automatically triggers supplements to alleviate employees in boring inventory work.
Each feature reduces manual workloads and simplifies operations, which can be a small business game changer that wants to improve productivity without the need for a wide range of education or resources.
Regarding actual applications, small business management inventory can integrate Oracle’s solutions into existing operations. In the retail store, the tracking function is advantageous for monitoring the inventory level, especially in real time, and small manufacturers can use the AI function to predict that they will order the material before they are insufficient. This adaptability encourages a better response to a better response that can quickly adjust market conditions.
But the owner of small businesses should consider potential challenges. The implementation of the new system is always provided with a learning curve, and a careful plan and education for employees may be required to switch from the existing process. In addition, the built -in AI can greatly improve efficiency, but the user must participate in the supervision to ensure the optimal function.
In addition, clearing the cost is important because small companies need to set the budget to fully utilize the budget and Oracle’s solutions for both software and potential hardware upgrades.
Overall, Oracle’s Advanced Inventory Management provides a practical means of modernizing inventory, reducing costs, and improving operational efficiency to small businesses. By adopting advanced technologies such as AI, companies can not only maintain speed, but also have a competitive advantage in demanding markets. As SRINI RAJAGOPAL emphasized, this tool is designed for organizations that require improved functions without complicated state of full -scale system.
To see more insights on how Oracle’s solutions help your business, visit the entire presentation. trust.
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