Oracle solutions are widely used by companies globally to manage their business processes in a single system. With growing demand for cloud platforms like Oracle ERP Cloud, the need for Oracle SCM professionals is high, making it a good career choice. In this guide, we will discuss the Oracle SCM full form, its meaning, key features, core modules, and the benefits of using it.
What Is the Full Form of Oracle SCM?
The Oracle SCM full form is Oracle Supply Chain Management. Oracle SCM is a complete solution that helps businesses manage high-quality service levels, procurement, availability, and order processing.
What is Oracle SCM, and how does it work?
Oracle SCM is a cloud supply chain management software that enables organizations to streamline various aspects of supply chain management, such as procurement, inventory, sales, manufacturing, and shipping.
Here's how it works:
Oracle SCM integrates various supply chain processes within a single system.
- It monitors demand and supply.
- It enters purchase orders and manages suppliers.
- It keeps tabs on stock levels.
Key Features of Oracle SCM
Oracle SCM includes a broad set of features to streamline and enhance the supply chain business processes.
Here are a few of them:
- By using Oracle SCM, businesses can more easily identify problems across different teams.
- Decision-making becomes simpler and more efficient through smart AI and real-time data when using Oracle SCM.
- Oracle SCM provides full procurement and sourcing management.
- Oracle SCM integrates with ERP, financial, and manufacturing systems
Core Modules Included in Oracle SCM
SCM has many modules that work together as one unit. Here are the key modules:
1. Oracle Inventory Management Cloud
Warehouse operations, material transactions, and real-time inventory visibility are all covered in this module.
Important features: stock transfers, inventory monitoring, cycle counting, replenishment, and serial control.
2. Oracle Order Management Cloud
This is where you manage orders from receipt to fulfillment and delivery.
Key features: order capture, shipping, fulfillment, and advanced pricing.
3. Oracle Procurement Cloud
The module automates the end-to-end process from sourcing to payment of purchasing transactions.
Features: service procurement, supplier qualification, sourcing, and purchasing.
4. Oracle Manufacturing Cloud
It delivers production planning, execution, and quality management.
Major features: Work Order Management, Production Cost, Quality Inspection, Job Shop Manufacturing.
5. Product Lifecycle Management Cloud
This module contains product data, bills of materials (BOM), and engineering changes.
Key Features: Product hub, product development, data quality, and change management.
Benefits of Oracle SCM for Enterprises
Oracle SCM is a leading choice for businesses looking to increase efficiency, quality, and output from their suppliers and within their own operations.
The following are some of its best advantages:
- It provides more visibility into the entire supply chain, enabling teams to identify issues sooner.
- It enables faster, smarter decisions powered by AI and real-time insights.
- It reduces operational costs due to the automation of manual activities.
- Speed and supplier collaboration are enhanced by Oracle SCM.
Industries That Use Oracle SCM
Oracle SCM is employed wherever supply chains need to be managed for success.
1. Manufacturing
Oracle SCM is employed by manufacturers to manage production planning, sourcing of raw materials, and the supply of end products.
2. Retail and E-commerce
Retailers count on Oracle SCM to help them track inventory, process orders, and deliver products to customers.
3. Healthcare & Pharmaceuticals
This industry employs Oracle SCM to monitor the delivery of drugs and medical devices and to ensure adherence to applicable laws.
If you would like to establish your career in any of these sectors, you may explore
Oracle SCM courses online that include everything from basic to advanced modules.
Conclusion
You are now well aware of what the Oracle SCM full form is, what it actually means, and how it’s used in an organization. You can now make an informed decision on whether or not Oracle SCM is something you want to pursue. You can explore Oracle SCM as a business owner or an employee. At
Srijan Institute, we offer industry-focused Oracle training and
oracle courses online to help candidates start their careers with ease.
FAQs Related to Oracle SCM Full Form
Q1. Is the SCM module part of OCI?
No, SCM is part of applications, not OCI.
Q2. How are Oracle SCM and ERP different?
The ERP system handles finance and HR, while SCM focuses on the supply chain.
Q3. What is the Oracle SCM full form in the context of ERP?
SCM stands for supply chain management. It is an important module within ERP Cloud, and it manages procurement, order management, etc.
Q4. Do I need a certification to work with Oracle SCM?
It is not necessary, but you have better chances and credibility if you hold an Oracle SCM certification.
Q5. Is Oracle SCM available for small and medium-scale businesses?
Yes, Oracle SCM Cloud is scalable and applicable to enterprises of all sizes.
