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Oracle Intelligent Track and Trace is a SaaS application that seamlessly connects with Oracle SaaS and PaaS as well as other cloud and on-premise third-party applications. It provides end-to-end visibility into multienterprise supply chain networks, enabling asset owners to track and trace things of value to achieve faster results and establish trust between participating trading partners.
Solve business issues, such as recalls, disputes, counterfeit, fraud, and regulatory compliance, faster with root-cause analysis and multitier visibility across a supply chain. Automate manual processes and set up alerts to gain intelligence and determine the next action. As products flow through the supply chain, track critical information including pedigree, serialization, and genealogy.
Simplify complex calculations using prebuilt, industry-specific dashboards with real-time results, analytics, and alerts about your business network. Accelerate time to market from months to weeks with prebuilt workflows and standard business documents. Achieve greater transparency between partners with appropriately endorsed transactions. Access the Internet of Things (IoT), AI, machine learning and other new technologies faster and with less risk.
Monitor the condition of goods throughout the supply chain and take action when needed. Define and set rules for smart contracts to enforce credible transactions and easily onboard trading partners. Connect seamlessly with Oracle and non-Oracle cloud or on-premise applications.
Built on Oracle Blockchain Platform, this cloud-based application can be integrated with a range of enterprise applications, such as supply chain management (SCM), enterprise resource planning (ERP), customer experience (CX), and the Internet of Things (IoT). The application:
Trust is established throughout the network by recording nondisputable transactions from the respective partner enterprise applications. A timeline view shows tracking history with drill-down displays of business documents that are securely committed to the distributed ledger. The founder and partners can add business rules in the form of smart contracts that are executed and validated at runtime.
Oracle has decades of industry experience and an extensive partner ecosystem. Moreover, Oracle has engaged with a selected number of supply chain customers as design partners to develop solutions across a variety of industries including:
Built-in simulators provide a view of the value realized before systems are implemented. Simulators are also used to help define business networks and their associated transactions.
Line of business heads can realize increased business velocity and innovation while reducing cost and risk. IT managers and enterprise architects have the support they require for a variety of use cases and hybrid deployments. With less development required, OpEx costs will be lower.
If your customer is a supply chain management professional and they want to learn about the latest innovations in blockchain and IoT to streamline and improve their business using purpose-built and connected applications, we’ve made it easy to navigate to these sessions at Oracle OpenWorld.
With Oracle Intelligent Track and Trace, the power of Oracle?s blockchain technology is harnessed to efficiently manage a network of trading partners who also benefit from being part of a trusted supply chain network.
Blockchain and blockchain applications have caught the attention of companies of all shapes and sizes—and more companies are signaling that blockchain applications will certainly be part of their future.