Founded in 1977 in California, Oracle is known as a pioneer in database management system development and marketing. Currently, the company is also among the top vendors of enterprise software offering multiple lines of business solutions. Its SCM Cloud suite includes the following components:

• Supply Chain Planning — combining demand management, sales and operations planning, and supply and distribution planning.
• Procurement Cloud — with sourcing, contracting, procure-to-pay, and supplier management features.
• Inventory Management Cloud — providing end-to-end visibility into item flows and their costs.
• Order management — consolidating orders and invoices from all your channels and orchestrating order-to-cash operations.
• Logistics Cloud — integrating transportation, warehouse and global trade management systems. The module covers a wide range of tasks, from shipping optimization to regulatory compliance for a seamless international trade experience.

Who can benefit from it? While having among its clients multi-billion-dollar businesses Aurobindo Pharma and Symantec, Oracle also attracts small-to-medium businesses offering them affordable prices and flexible software solutions. Oracle SCM Cloud promises to boost business growth. But it’s worth noting that implementation of the system requires significant financial investments and time-consuming workforce upskilling.