Oracle Fusion Cloud Supply Chain Management (SCM) vs. StockIQ Technologies

Oracle SCM Cloud is extensively used in my organization for a complete
Supply chain. We use all the Procure to Pay modules starting with
Procurement, Order management, and Financial modules. We also use Product
Information Management and Product Development Management modules to create and maintain items and products that we sell. These modules are interfaced with Inventory Management for shipping and supply chain demand and supply planning as well. Analytics is integrated with all these modules so it is very useful to keep track of metrics. However, if you are not using Sales Cloud and use another CRM system, there could be some hiccups in syncing the system if you don't have a middleware.

Incentivized

We have year end buying goals discounts offered to us, StockIQ allows us to determine whether or not these are worthwhile to our company. It allows us to easily reach out several months to see what that would look like.

• Allows you to visualize your data in more graphical manners.
• Provides a solid configurable forecasting engine.
• It's user configurable which helps to deliver the results you are looking for.
• Product is keeping up with the speed of innovation - constantly being improved and pushed out to the customers.

Incentivized

• UI - Needs a definite update. Tool can do wonders if UI is intuitive.
• Excel based data doesn't upload easily.
• No open APIs, integration is not possible with other tools.
• Extra charges for a module for integration.
• Implementation is not easy.

Incentivized

Oracle SCM is best suited for Small & Mid Sized Business, whereas SAP SCM is best suited for large scale businesses. Oracle SCM has Customer Relationship Management (CRM) and Supplier Relationship Management (SCM) integrations which is missing in SAP SCM. Oracle supports modular integration and electronic data integration (EDI) which was one of the pre-requisites of the client.

Incentivized

We previously used Rockysoft that has since become obsolete, SIQ has the options from that program that we enjoyed and so much more, ease of use and visibility of details have been a real game changer.

• There is a large reduction in man hours spent attempting to manually create the traceability matrix
• There is a strong involvement of different BUs and collaboration on the requirements creation process
• The time to develop and approve requirements has been shortened

Incentivized