What is Generative AI?
- Generative AI (GAI) is the name given to a subset of AI machine learning technologies that have recently developed the ability to rapidly create content in response to text prompts, which can range from short and simple to very long and complex.
- Different generative AI tools can produce new audio, image, and video content, but it is text-oriented conversational AI that has fired imaginations. In effect, people can converse with, and learn from, text-trained generative AI models in pretty much the same way they do with humans.
AI Capabilities in Fusion Cloud
Generative AI Capabilities in Fusion Cloud
Built on Oracle Cloud Infrastructure (OCI) and leveraging its leading AI services, Oracle supports over 50 generative AI use cases that are embedded within Oracle Fusion Applications and designed to respect customers’ enterprise data, privacy, and security.
Generative AI Capabilities in SCM
- Item Description Generation:
- Helps product specialists quickly generate standardized product descriptions that highlight SEO keywords. With generative AI support for item descriptions in Oracle Product Lifecycle Management, organizations can save time, reduce errors, and improve the overall quality of product descriptions to increase customer engagement and boost sales.
- Supplier Recommendations:
- Help procurement professionals quickly and efficiently add suppliers to their organization’s supply chain. With generative AI-powered supplier recommendations embedded in Oracle Procurement, organizations can use information such as product descriptions and purchase categories to identify suppliers, improve sourcing efficiency, help lower costs, and reduce supplier risk.
- Negotiation Summaries:
- Help procurement professionals quickly generate a customized cover page summary for a specific negotiation. With generative AI-powered assisted authoring embedded in Oracle Procurement, organizations can accelerate negotiations, increase savings, reduce risk, and maximize supplier outcomes.
Item Description (AI Assist)
AI Assist
- This feature benefits your business by:
- Allowing real-time analysis from your data to act as a starting point for a full, verbose, and rich description to be autogenerated.
- Increasing efficiency and productivity in your business by allowing advanced generative AI to aid in describing your products.
- Enabling your business to have a standardized way of generating a formatted description.
- Steps to Enable
- To enable this feature, you need to log a Service Request (SR).
- If you're approved to join the Controlled Availability program, then you'll receive instructions about how to enable the feature.
- Tips And Considerations
- The Generative AI capabilities for creating keyword rich product descriptions uses the item description as the input parameter. Hence, providing more descriptive details in the item description will help create more appropriate descriptions
Learning Portals
- What's New
- Cloud Readiness / Oracle Fusion Cloud Product Lifecycle Management
- Oracle Fusion Cloud SCM – 24A Release Update (Oracle Video Hub)
- MyLearn Oracle Portal
- Oracle AI in Fusion Cloud Enterprise Resource Planning (ERP)
- Oracle AI in Fusion Cloud Human Capital Management (HCM)
- Become An OCI AI Foundations Associate (2023)
- Become an OCI Generative AI Professional
- Oracle - Certifications (Free, till July-2024)
- Oracle Cloud Infrastructure 2023 AI Certified Foundations Associate (1Z0-1122-23)
- Oracle Cloud Infrastructure 2024 Generative AI Professional (1Z0-1127-24)
- Project Management Institute - Certification (Free)
- PMI® Generative AI Overview for Project Managers
- LinkedIn Learnings
- Using Generative Artificial Intelligence (AI) in Supply Chains