Oracle Corporation has announced the release of the Oracle Supply Chain Exchange, a system which connects trading partners with disparate enterprise systems for real-time collaboration and planning.
The Oracle Supply Chain Exchange is a new business-to-business (B2B) application of the Oracle E-Business Suite. It offers, among other components, a series of automatic alerts and e-mails that notify partners of exceptions. It uses an integrated performance measurement tool to drive resolutions.
This exchange is also an extension of Oracle`s Advanced Planning and Scheduling applications, allowing manufacturers to instantly share production schedules with all tiers of their supply chain.
Completely Internet based and delivered through a web browser, Oracle Supply Chain Exchange makes communication throughout the supply chain better, faster and at a lower cost. Suppliers can have the information they need to make better decisions about inventory levels, allowing them to drive real costs out of their business and the supply chain as a whole.
"With the addition of Oracle Supply Chain Exchange to the Oracle Exchange portfolio of products, we are moving beyond simple auction and transaction-based marketplaces toward truly collaborative Internet business models," says Yvette Whitehead, Exchange product manager for Oracle SA.
"Oracle Supply Chain Exchange provides companies with a competitive tool to manage multiple supply chains across geographies and across corporations."
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