The name of the base system (platform): | Oracle Supply Chain Management |
Developers: | Oracle |
Date of the premiere of the system: | 2015/07/21 |
Technology: | SCM, SaaS - Software as service |
Oracle Global Order Promising Cloud is a product for automation of efficiency and exact assessment of feasibility of orders of sale in a cloud environment, it helps to define a source of a covering of demand and completion date for each order line that minimizes costs for execution of orders and promotes customer service quality improvement.
On July 21, 2015 Oracle announced release of the Global Order Promising Cloud system as a part of Oracle Supply Chain Management Cloud.
Functionality for business
- Control of sources of a covering of demand, completion dates and delivery of orders:
- provides approval of the current demand of available stocks, the entering deliveries, orders and purchasing requests,
- accounting of all potential supply sources, their effective use.
- Response to change of conditions of business: allows to process the majority of orders in the automatic mode according to corporate politicians at simultaneous reduction of administrative and logistic costs.
- The choice of the most cost-efficient delivery mode — the choice of the most optimal source of a covering of demand and a method of delivery with the smallest total costs of execution of the order according to customer requirements to delivery dates that allows to increase profitability of orders and level of customer satisfaction.
- Support of a set of options of execution of orders — provides expansion of options of execution of orders, accounting of the entering deliveries, production capacities and availability of suppliers for the purpose of effective use of all available sources of a covering of demand and ensuring competitiveness.
- Restriction of goods availability of high demand — gives the chance of determination of classes of demand on the basis of which for specific clients or sales channels the quantities permitted to sale, percentage shares or a ratio with deliveries are specified.
The solution of Oracle "from formation of the offer before receiving money from sale" (quote-to-cash) is the end-to-end business process integrating Oracle Order Management Cloud and Oracle Global Promising Cloud with Oracle CPQ Cloud and Oracle ERP Cloud services, connecting work of sales department, service of execution of orders and finance division.
The automated process helps to simplify transactions and to reduce IT costs, excepting bottlenecks and errors in the end-to-end process affecting functions of sales department, service of execution of orders and finance division. The solution is designed to increase overall effectiveness of sales that is a key factor for improvement of processes of work with clients, increase in income and profit increase. The integrated, flexible and scalable solution of Oracle allows the organizations to automate all business process.
Integration of these key business functions provides increase in accuracy of execution of orders and efficiency of their accomplishment and also reduction of errors when drawing accounts and improvement of processes of recognition of income. The efficiency of sales can grow as processes are personalized under each client, allowing to offer target content, to do personal offers, packets and options of additional and connected goods and services. It allows to improve customer retention indicators, to increase profitability of sales and to optimize the prices for each client.