Oracle Corporation (ORCL) Announced The Launch of Oracle Fusion Cloud Advanced Inventory Management

Oracle Corporation (NYSE:ORCL) is one of the Best Performing Tech Stocks According to Hedge FundsOn July 24, Oracle Corporation (NYSE:ORCL) announced the launch of a new solution called Oracle Fusion Cloud Advanced Inventory Management within its Fusion Cloud Supply Chain and Manufacturing suite.

The tool uses embedded artificial intelligence to help organizations streamline their warehouse operations and improve supply chain efficiency. Management noted that this solution targets healthcare, manufacturing, and distribution companies that need more than basic inventory handling but less than a full warehouse management system. Some of the key features of this new solution include easy task assignment, simplified inventory transactions, real-time alerts for cross-docking, AI recommendations for storing incoming goods, and more.

Oracle Corporation (ORCL) Announced The Launch of Oracle Fusion Cloud Advanced Inventory Management

A team of IT professionals meticulously crafting a large-scale enterprise performance management system.

Oracle Corporation (NYSE:ORCL) is a global technology company that develops and sells enterprise software and cloud computing solutions.

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Disclosure: None. This article is originally published at Insider Monkey.