The Supply Chain Matters blog in the presence of independent supply chain management and B2B industry analyst and Editor Bob Ferrari, is attending the Oracle Modern Business Experience (MBX) in Las Vegas.
For the past several years, Oracle has sponsored an annual conference dedicated to supply chain management which was the Modern Supply Chain Management Experience 2019 (MSCE) conference which we have consistently covered. In prior years. This year, rather than conducting separate events related to different business and functional audiences, Oracle made the decision to create a broader applications community conference that reflects more of a sense of integrated systems needs across business areas or departments.
I conjunction with this week’s conference, Oracle made a product announcement, essentially extending the artificial intelligence (AI) capabilities within Oracle Enterprise Resource Planning (ERP) Cloud and Oracle Enterprise Performance Management (EPM) Cloud. These latest machine learning-based innovations include an expense reporting assistant, project management digital assistant, advanced financial controls and project-driven supply chain management.
The functionality included in this new release that may be of interest to our readers are:
- Project Management Digital Assistant: Noted as providing instant project status updates and enables users to update time and task progress using a digital assistant. The digital assistant learns from past time entries, project planning data, and the overall context to tailor interactions and smartly capture critical project information.
- Project Management Digital Assistant: Advanced Access Controls: Designed to automate user security analysis using AI techniques to protect business data from insider threats and fraud. The application utilizes graph-based analysis to assess violations hidden inside complex, recursive and dynamic security configurations. This technique includes a robust library of configurable, best practice data privacy and SOD rules that can continuously monitor users, roles, privileges, setups and transactions. This application could be an option in strengthening cyber-security defenses for project management focused supply chain management needs.
- Intelligent Supplier Management: Includes Oracle DataFox integration to supplement individual supplier profiles with AI-sourced and validated company data to power supplier scoring and categorization. The application leverages AI techniques to extract dynamic supplier risk signals from news articles and press releases, which are then combined with DataFox’s company data sources to automatically manage supplier risk, by identifying which suppliers are at risk and recommending alternative suppliers.
Stay tuned to the Supply Chain Matters blog for additional highlights of this week’s Oracle MBX conference.
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