Oracle Integrates RFID Technology into Oracle Fusion Cloud Inventory Management

On September 11, 2024, at the Oracle CloudWorld Conference, Oracle announced the launch of a new RFID replenishment feature in its Oracle Fusion Cloud Supply Chain and Manufacturing (SCM) suite. This feature is designed to optimize inventory management for healthcare providers and integrate RFID technology into Oracle Fusion Cloud Inventory Management.

Oracle is a global technology company that provides a wide range of products and services to help companies improve operations. Its main products include cloud infrastructure ("OCI") and databases that meet the needs of various industries. Oracle's innovation aims to improve enterprise productivity and efficiency by integrating advanced features such as embedded artificial intelligence.

The latest data shows that Oracle's total revenue in this quarter was US$13.3 billion, an increase of 8% year-on-year, which is also higher than the market expectation of US$13.24 billion. Its cloud service revenue reached US$5.6 billion, an increase of 22% year-on-year, slightly lower than the market expectation of US$5.61 billion; its infrastructure revenue increased by 45% year-on-year to US$2.2 billion, showing strong market demand; application revenue increased by 10% year-on-year to US$3.5 billion.

Oracle's RFID replenishment solution can automatically track the inventory status of medical supplies, update inventory balances in real time, and automatically trigger the replenishment process when the inventory falls below the safety threshold. This function not only simplifies the operational process of inventory management and reduces the manual workload of medical staff, but also ensures that medical supplies can be obtained anytime and anywhere when needed, thereby improving the timeliness and effectiveness of patient care.

In the medical field, the application of RFID technology can greatly improve the efficiency and accuracy of inventory management. Chris Leone, executive vice president of Oracle application development, pointed out that RFID technology will effectively prevent delays and shortages that may be caused by manual inventory management, improve productivity, provide real-time inventory visibility, and minimize human errors.

In addition, RFID technology also supports the refined management of various medical supplies, including high-value non-implantable items, temperature-sensitive goods, and low-value supplies that are automatically replenished regularly. The refined management of various medical supplies helps medical institutions better grasp the inventory situation, avoid unnecessary waste and shortages, and further improve the quality and work efficiency of medical services.

Bishop Cabinets Introduces RFID Technology to Optimize Production Processes

In the woodworking industry, the production of customized products often involves complex processes and numerous parts. Recently, Bishop Cabinets has further improved production efficiency, optimized production processes, and improved customer service quality by introducing RFID technology and ERP systems.

Bishop Cabinets, as a family-run company with nearly 60 years of history, has always been committed to providing customers with high-end customized woodworking products. Since its establishment, the company has continuously innovated technology to meet the growing market demand and customers' diverse customization requirements. In order to ensure that every detail is accurate, Bishop Cabinets decided to introduce RFID technology. The system achieves accurate tracking of the entire production process by attaching passive UHF RFID tags to each component. The unique ID on these tags is associated with the part description in the ERP system, so that the location and status of each part in the production process can be recorded and updated in real time.

RFID technology can greatly reduce errors and omissions in the production process. When multiple similar-looking parts need to be assembled into a cabinet, the RFID Reader can accurately identify the RFID electronic tag of each component and compare it with the order information, thereby avoiding errors caused by visual confusion. In addition, the technology can also help quickly locate delayed or lost parts, improving the overall operation efficiency of the production line.

In the future, Bishop Cabinets plans to apply RFID electronic tags in all production departments and establish an RFID system covering all Library-borrowing-machine-touch-query-intelligent-terminal-all-in-one-machine.html target='_blank'>workstations. This will make the production process more transparent and intelligent, and further reduce human errors and delays. In addition, Bishop Cabinets also plans to apply RFID technology to product after-sales service in the future.