With the much-awaited Oracle SCM 24B release, its Supply Chain Management module is set to receive a revolutionary change in the ever-changing world of corporate operations. This extensive redesign aims to improve visibility, unleash new levels of efficiency, and streamline procedures. It is imperative that firms comprehend the primary improvements and make appropriate preparations as they readied themselves for this momentous update. These are the top five things to remember about the Oracle SCM 24B release.

Robust Inventory Tracking with UDI Reporting

A good supply chain starts with efficient inventory management, and the 24B version introduces a game-changing feature: Unique Device Identifier (UDI) reporting. With this improvement, businesses can track and monitor inventories with never-before-seen accuracy, assuring compliance and promoting smooth operations. Businesses may obtain real-time data as well as important insights into their inventory levels, movements, and trends by integrating UDI reporting into the Oracle Transactional Business Intelligence (OTBI) platform.

Real-Time Monitoring of Materials Management

In the current dynamic corporate landscape, instantaneous visibility is critical. Better real-time monitoring capabilities for materials management processes are introduced with the Oracle SCM 24B release. With the help of this tool, organizations are better able to anticipate possible disruptions, spot bottlenecks and act quickly on information. Supply chain experts can ensure a smooth flow of materials throughout the whole supply chain, proactively handle difficulties and improve resource allocation by utilizing real-time data.

Streamlined Order Management

Maintaining a competitive edge and providing outstanding client experiences depend heavily on effective order management. With the introduction of automated backorders and improved shipment attribute management, the 24B release streamlines this procedure. Organizations may ensure on-time delivery, reduce delays and streamline order fulfillment with these new features. Furthermore, firms can customize their offerings to satisfy particular client needs by managing shipment qualities with simplicity. This builds closer bonds with customers as well as raises customer satisfaction.

Accurate Cost Analysis with Real-Time Supply Chain Cost Rollup

A vital component of supply chain operations is cost management, and the 24B release gives businesses access to a potent tool: real-time supply chain cost rollup. This feature makes it possible for enterprises to effectively and precisely examine the expenses related to manufactured goods. Supply chain experts can make use of the Costing – Supply Chain Cost Rollup Real-Time topic area in OTBI to learn more about the factors that influence costs, spot areas for improvement and make data-driven choices that increase profitability.

Seamless Integration and Configurability

In order to facilitate an easy transition for enterprises, the Oracle SCM 24B version places a high priority on configurability and seamless integration. With the release of Oracle Visual Builder Studio, companies can now customize Redwood pages by selecting whether fields and regions are read-only, editable, or optional depending on predetermined criteria. Because of its adaptability, businesses can customize the system to meet their own needs, optimizing workflows as well as improving user satisfaction. Workflows are additionally guaranteed to comply with organizational standards and best practices through the inclusion of business rules configuration.

Conclusion

The release of the Oracle SCM 24B is a major step forward in the quest for supply chain excellence. Opkey is the leading Oracle testing platform and an official no-code test automation partner for Oracle solutions. Oracle Cloud quarterly update certifications are streamlined by its predictive intelligence, cutting the time from weeks to just three days. Opkey performs extensive automated testing prior to every update in order to verify upcoming features against a particular environment. Opkey removes uncertainty in identifying testing requirements by clearly identifying modifications to transactions, and configurations, and custom screens.