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What is VCRP?

Contemporary businesses are becoming more reliant on complex multi-tier networks of trading partners, which are essential for the prompt and efficient distribution of their products and services. The most successful among them are those that foster strong real-time collaborations with these partners. The diminishing barriers in the global marketplace, along with swift technological advancement, is reshaping not only our everyday lives but also the dynamics of business in ways we have never seen before. We find ourselves in a time when remarkable innovations in digital frameworks, alterations in public policies, and the effects of globalization enable emerging companies to achieve remarkable success almost instantly, capitalizing on information and speed as their key competitive advantages. This phenomenon was notably discussed by Thomas Friedman in his renowned book "The World is Flat," a concept that has been reiterated in various esteemed publications such as the Harvard Business Review and The Economist. It is evident that the new economy obliterates geographical boundaries, diverse languages, various currencies, and cultural distinctions, resulting in a genuinely interconnected global community. As we maneuver through this changing terrain, it is imperative for companies to not only adapt to these transformations but also to harness them effectively to prosper in an ever more competitive landscape. This adaptability will be crucial for their long-term viability and success in the future.

What is Oracle Supply Chain Collaboration?

Recognize, evaluate, and resolve disruptions within your organization and with key trading partners. By implementing smart process automation, you can significantly boost the adaptability and efficiency of your entire supply chain. Achieving comprehensive visibility across multiple levels of supply chain execution is crucial. Work closely with suppliers by sharing future order forecasts, evaluating their commitments, and integrating these insights into your planning strategies. Automatically update the progress of contract manufacturing work orders to reflect the current state of outsourced production. Allow suppliers to place orders and confirm shipments for both consigned and non-consigned materials at your facilities. Offer a visual overview of metrics related to collaborative forecasting and vendor-managed inventory across all suppliers involved. Highlight any discrepancies in forecast commitments and inventory limits, enabling the possibility of revision requests or even making commitments on behalf of the supplier. Ensure the latest supply information flows seamlessly among various tiers of suppliers through B2B messaging, online platforms, and web services, keeping all parties well-informed and coordinated. By optimizing these procedures, organizations can greatly enhance collaboration and overall operational effectiveness, leading to more resilient supply chain management.

Media

Media

Integrations Supported

Integrations Supported

Oracle Supply Chain Management (SCM)

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Vecco International

Date Founded

2011

Company Location

United States

Company Website

www.veccointl.com/solutions/vcrp-overview/

Company Facts

Organization Name

Oracle

Date Founded

1977

Company Location

United States

Company Website

www.oracle.com/scm/supply-chain-planning/supply-chain-collaboration/

Categories and Features

Categories and Features

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