Please join Larry Ellison and Mark Hurd for important Oracle announcements. Be among the first to learn about new developments in Oracle’s cloud strategy.
Today’s business landscape requires manufacturers to operate across multiple geographies with hundreds of partners. The ability to manage all of the moving parts in the supply chain while keeping a competitive edge, requires new processes and technologies.
As the Nasdaq licks is wounds from Friday’s half billion+ share day for the Facebook IPO, Wall Street said the decision to move forward was based on incorrect information (1) . Even though the system was tested several times to handle the massive volume, some report 30x over-subscribed, the system failed. With orders in limbo for hours, share buyers placed and cancelled orders without acknowledgement. Some verification came hours later, many trades were lost to a ‘black-hole’ .. Not the way to run a major exchange.
Leading manufacturing firms are today transforming their traditional supply chains into collaborative Value Chains that entail better-integrated, closed-loop processes, incorporating new product development, engineering, production, quality, supply chain, and service functions. Value Chains deliver much greater customer value characterized by closer collaboration between suppliers, users, and partners.
The market for supply chain applications continue to grow at strong levels, approaching an $8Billion annual run rate.
Facebook IPO opens in a few minutes at $38/share. It's a $100B market cap, 5 years ago it was unheard of. With almost a Billion FB users, the concept can’t be ignored. Just about every teenager and 20-30 something are using these social technologies and it will become the pathway for futures business platforms as the younger generations move into management ranks and develop business platforms for more effectively running their personal supply chain. Social media will connect people to products more effectively in the future (CRM-to-SCM via mobile)
Controlling costs is good business. It is good business for supply chains that deliver goods and services to customers. And it is good business for organizations like Procurement and Finance that are responsible for managing indirect spend.
Oracle is sponsoring Gartner's SCM event in Palm Desert, CA next week. Hear from VP of Product Strategy, Jon Chorley as he talks about Oracle's SCM strategy and position in the market. For more information about this event visit the Gartner event site.