Oracle is taking advantage of the International Supply Management (ISM) Conference being held this week to showcase the availability of both Oracle Supplier Lifecycle Management and Oracle Supplier Hub. Both applications are part of the Oracle E-Business Suite Release 12.1.2, being offered as Supplier Management support.
These applications were designed to be complimentary to each other and are being offered to companies who have a large number of suppliers to support. They were designed to support needs for improving overall supplier visibility and to overcome supplier data fragmentation. Oracle Supplier Lifecycle Management is positioned more towards business process applications needs, supporting supplier discovery, qualification, contract compliance, scorecarding and self-service registration and applications needs. Oracle Supplier Hub is positioned more as a master data management hub to consolidate, cleanse and share supplier data with other applications. The application creates a blended supplier record from multiple sources and supports a cross reference to each connected application. It further supports the importing of data via multiple means, including XML or spreadsheet uploads.
Interesting enough, Patni Computer Systems partnered with Oracle to jointly develop both of these applications is an unusual occurrence for Oracle. I was informed by Nagaraj Srinivasan, Oracle’s Vice President of Supply Chain and Procurement Applications Development that Patni will be a prime, but not exclusive implementation partner.
Oracle is targeting a broad swath of vertical industries with these applications, to include not only manufacturing and retail, but communications, financial, insurance and public sector. The common denominators are companies that must manage and support a very large number of suppliers at any given time.