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News from February, 2007

Enabling Supplier Enablement at Oracle

Thursday, February 1st, 2007

Supply & Demand Chain Executive – Andrew K. Reese 

The software company adopts a tool that lets suppliers self-manage their content within Oracle’s e-procurement system

Oracle Corporation, the world’s largest enterprise software company, has a well-established e-procurement process based on the company’s own solutions. But Oracle was challenged by a supplier content management process that had the company’s procurement staff loading and managing vendor catalogs within the e-procurement system. To accelerate supplier enablement and shift its buyers onto more strategic work, the company began using a new tool that put the suppliers in the driver’s seat.

Oracle Corporation, based in Redwood Shores, Calif., was founded in 1977 and now has more than 55,000 employees around the globe. The company reported revenues of $14.4 billion in its 2006 fiscal year, which ended in June 2006. (Full Article)