REDWOOD SHORES, Calif., April 18, 2017 /PRNewswire/ — Oracle today announced a new supply chain cloud functionality that helps businesses master challenging warehouse fulfillment issues in order to help outpace their competition. Version 8 of Oracle Warehouse Management Cloud (the former LogFire Warehouse Management System) has the latest functional user experience and integration enhancements that provide a comprehensive view of inventory from supplier to the distribution center (DC) to store shelves.
With Forrester research reporting that the total cloud market value is expected to top $236 billion dollars by 2020, and Transparency Market Research reporting the cloud WMS market is expected to expand from $1.2 billion in 2015 to $4.1 billion by 2024, Oracle is well-positioned to help companies on their journey to adopt SCM cloud solutions.
With Version 8, Oracle continues to lead the industry in modernizing application release cycles by leveraging 100 percent cloud architecture to offer access to frequent solution improvements similar to the easy updates with leading consumer applications.
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