In a world where supply chains are becoming increasingly complex, Oracle is positioning itself at the forefront of innovation with a vision that centers on artificial intelligence (AI), automation, and resilience. Derek Gittoes, Oracle's Vice President of Supply Chain Management, recently shared his thoughts on how these emerging technologies are reshaping the way businesses manage their supply chains, especially in a post-pandemic world where agility and foresight have become crucial.
According to Gittoes, businesses are no longer just looking for ways to streamline operations, but are actively seeking systems that allow them to anticipate disruptions, manage risks, and adapt to ever-changing market conditions. AI is playing a major role in this transformation by helping companies gain deeper insights into their supply chains, predict potential disruptions, and optimize decision-making. Automation, on the other hand, is easing the burden on human workers, allowing tasks to be completed faster and more accurately, which is essential for keeping up with the fast-paced demands of global commerce.
Gittoes also highlighted the importance of building resilience into supply chain systems. The COVID-19 pandemic exposed the vulnerabilities of global supply chains, and now businesses are focusing on creating systems that can quickly recover from disruptions, whether they are caused by natural disasters, geopolitical issues, or shifts in consumer behavior. By combining AI with automation, Oracle is helping businesses not only react to disruptions but also predict and avoid them, ensuring smoother operations even during times of uncertainty.
With Oracle's solutions, companies can take a more proactive approach to supply chain management, using data-driven insights to make informed decisions. Gittoes pointed out that this shift from reactive to proactive management is essential for staying competitive in an increasingly unpredictable world. Businesses that embrace these innovations are better equipped to navigate the complexities of modern supply chains, optimize efficiency, and build the resilience needed to weather future challenges.