Oracle to help companies collaborate with trading partners within 20 days

by Canadian Shipper

Oracle Corp., a provider of software for e-business, has announced the immediate availability of, a collaborative supply chain solution delivered as an online service.

This solution, according to Oracle, helps remove barriers to supply chain collaboration and will enable companies to collaborate with trading partners in as little as 20 days. is built upon Oracle’s collaborative solution,
Oracle Supply Chain Exchange, and performs demand planning, supply planning, vendor managed inventory and supply chain event management.

“Early adopters of hosted supply chain applications are reporting 30% to 50% levels of inventory reduction, 10% to20% reduced administrative costs and increased production utilization and fulfillment service levels,” said Bob Ferrari of AMR Research in his April 2001 report, “The Hosted Supply Chain Emerges in B2B.”

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