Friday, 21 September 2007

Latest Version of Oracle Strategic Network Optimization Alleviates Supply Chain Risk

Oracle has introduced its latest version of Oracle Strategic Network Optimization as part of its Supply Chain Risk Management initiative which is aimed at helping customers design and implement flexible, risk-tolerant supply chains.

According to release, Oracle Strategic Network Optimization delivers the insight companies require to optimize global supply chain operations and deploy improved risk mitigation strategies thus benefiting both Oracle Application customers, as well as companies using products such as SAP, i2 and Manugistics or other legacy systems.

Oracle Strategic Network Optimization is packaged as an “easy to use, rapid response” solution that enables organisaations of all sizes to analyze the potential impact of supply chain disruptions, develop long-range plans and create holistic supply strategies to make more informed, profitable business decisions.

Built-in scenario comparison views enable customers to perform comprehensive “what-if” analyses in order to better establish pre-emptive measures that help mitigate potential supply chain risks. With insight into all of the data related to the supply chain, companies are equipped to make the most cost-effective and least risky decision for both short- and long-term profitability.

“With Oracle Strategic Network Optimization, companies can be assured they’re making the right decisions before they put strategies into effect,” said Jasbir Singh, senior director, Supply Chain Management Applications, Oracle Asia Pacific.

“These decisions are truly optimized because they’re based on the facts, not on an educated guess. Optimized planning allows companies of all sizes to effectively manage their networks, thus helping to ensure they incur the lowest cost for producing each product they sell, while minimizing supply chain risk and maximizing revenues.”