SUPPLY CHAIN FINANCIAL ORCHESTRATION SYSTEM THAT ORCHESTRATES SUPPLY CHAIN EVENTS

• US 20140095246A1
• Filed: 09/20/2013
• Published: 04/03/2014
• Est. Priority Date: 09/28/2012
• Status: Abandoned Application

• Current Assignee: Oracle International Corporation (Oracle Corporation)
• Original Assignee: Oracle International Corporation (Oracle Corporation)
• Inventors: JHA, Girish, NATARAJAN, Karthik, SANTHANAM, Shyam Sundar, KUMAR, Amit Ranjan
• Application Number:
  US14/032,268
• Publication Number:
  US 20140095246A1
• Time in Patent Office: Days
• US Class Current: 705/7.25
• CPC Class Codes: G06Q 10/063114 Status monitoring or status determination for a person or group
• CPC Class Codes: G06Q 10/06315 Needs-based resource requirements planning or analysis
• CPC Class Codes: G06Q 10/06316 Sequencing of tasks or work
• CPC Class Codes: G06Q 10/0637 Strategic management or analysis, e.g. setting a goal or target of an organisation; Planning actions based on goals; Analysis or evaluation of effectiveness of goals
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
• CPC Class Codes: G06Q 40/12 Accounting

Abstract

A system is provided that orchestrates a supply chain event. The system receives a supply chain event from an external source system. The system further retrieves a source document referenced by the supply chain event. The system further retrieves a supply chain financial orchestration flow assigned to the source document, where the supply chain financial orchestration flow defines a trade relationship between a first entity and a second entity. The system further selects one or more tasks defined for the supply chain financial orchestration flow. The system further initiates execution of the one or more tasks, where each task is executed at an external target system.

Claims

1. A computer-readable medium having instructions stored thereon that, when executed by a processor, cause the processor to orchestrate a supply chain event, the orchestrating comprising:

receiving a supply chain event from an external source system;

retrieving source document information associated with a source document referenced by the supply chain event;

retrieving a supply chain financial orchestration flow assigned to the source document, wherein the supply chain financial orchestration flow defines a trade relationship between a first entity and a second entity;

selecting one or more tasks defined for the supply chain financial orchestration flow; and

initiating execution of the one or more tasks, where each task is executed at an external target system.

2. The computer-readable medium of claim 1, the orchestrating further comprising:

invoking a web service of the external source system;

retrieving supply chain event information associated with the supply chain event from the external source system using the invoked web service;

validating the retrieved supply chain event information of the supply chain event; and

storing the supply chain event in an external source system format.

3. The computer-readable medium of claim 1, the orchestrating further comprising:

transforming the source document information into an internal format.

4. The computer-readable medium of claim 1, the orchestrating further comprising:

determining whether a supply chain financial orchestration flow is assigned to the source document; and

assigning a supply chain financial orchestration flow to the source document where it is determined that no supply chain financial orchestration flow is assigned to the source document.

5. The computer-readable medium of claim 1, the orchestrating further comprising:

defining a documentation and accounting rule that is associated with the supply chain financial orchestration flow, wherein the one or more tasks are defined for the documentation and accounting rule;

defining a transfer pricing rule that is associated with the supply chain financial orchestration flow, wherein the transfer pricing rule defines a rule to calculate a transfer price;

defining an agreement that is associated with the supply chain financial orchestration flow, wherein the documentation and accounting rule and the transfer pricing rule are defined for the agreement; and

defining the supply chain financial orchestration flow, wherein the supply chain financial orchestration flow comprises a business process type, a physical route, a financial route, a primary route, and a supplier ownership change event.

6. The computer-readable medium of claim 5, the orchestrating further comprising:

defining a qualifier that is associated with the supply chain financial orchestration flow, wherein the qualifier comprises one or more attributes that determine an applicability of the supply chain financial orchestration flow.

7. The computer-readable medium of claim 1, wherein, for each task of the one or more tasks, the initiating the execution of the task further comprises:

invoking a task layer service based on a task type of the task;

generating a task layer service payload for the task layer service;

selecting the external target system based on the task type of the task; and

interfacing with the external target system to execute the task.

8. The computer-readable medium of claim 7, wherein, for each task of the one or more tasks, the initiating the execution of the task further comprises:

calling a transfer price service to calculate a transfer price for the task; and

retrieving the transfer price.

9. The computer-readable medium of claim 7, wherein, for each task of the one or more tasks, the initiating the execution of the task further comprises:

selecting a connector service for the external target system based on the task type of the task;

transforming the task layer service payload into an external target system format; and

calling a web service of the external target system to interface with the external target system to execute the task.

10. The computer-readable medium of claim 9, wherein, for each task of the one or more tasks, the initiating the execution of the task further comprises:

updating a status of the task after the task is executed.

11. A computer-implemented method for orchestrating a supply chain event, the computer-implemented method comprising:

receiving a supply chain event from an external source system;

retrieving source document information associated with a source document referenced by the supply chain event;

retrieving a supply chain financial orchestration flow assigned to the source document, wherein the supply chain financial orchestration flow defines a trade relationship between a first entity and a second entity;

selecting one or more tasks defined for the supply chain financial orchestration flow; and

initiating execution of the one or more tasks, where each task is executed at an external target system.

12. The computer-implemented method of claim 11, further comprising:

invoking a web service of the external source system;

retrieving supply chain event information associated with the supply chain event from the external source system using the invoked web service;

validating the retrieved supply chain event information of the supply chain event; and

storing the supply chain event in an external source system format.

13. The computer-implemented method of claim 11, further comprising:

transforming the source document information into an internal format.

14. The computer-implemented method of claim 11, further comprising:

determining whether a supply chain financial orchestration flow is assigned to the source document; and

assigning a supply chain financial orchestration flow to the source document where it is determined that no supply chain financial orchestration flow is assigned to the source document.

15. The computer-implemented method of claim 11, further comprising:

defining a documentation and accounting rule that is associated with the supply chain financial orchestration flow, wherein the one or more tasks are defined for the documentation and accounting rule;

defining a transfer pricing rule that is associated with the supply chain financial orchestration flow, wherein the transfer pricing rule defines a rule to calculate a transfer price;

defining an agreement that is associated with the supply chain financial orchestration flow, wherein the documentation and accounting rule and the transfer pricing rule are defined for the agreement; and

defining the supply chain financial orchestration flow, wherein the supply chain financial orchestration flow comprises a business process type, a physical route, a financial route, a primary route, and a supplier ownership change event.

16. A system, comprising:

a supply chain event reception module configured to receive a supply chain event from an external source system;

a source document retrieval module configured to retrieve source document information associated with a source document referenced by the supply chain event;

a supply chain financial orchestration flow retrieval module configured to retrieve a supply chain financial orchestration flow assigned to the source document, wherein the supply chain financial orchestration flow defines a trade relationship between a first entity and a second entity;

a task selection module configured to select one or more tasks defined for the supply chain financial orchestration flow; and

an execution module configured to initiate execution of the one or more tasks, where each task is executed at an external target system.

17. The system of claim 16, further comprising:

a web service invocation module configured to invoke a web service of the external source system;

an information retrieval module configured to retrieve supply chain event information associated with the supply chain event from the external source system using the invoked web service;

an information validation module configured to validate the retrieved supply chain event information of the supply chain event; and

an event storage module configured to store the supply chain event in an external source system format.

18. The system of claim 16, further comprising:

a transformation module configured to transform the source document information into an internal format.

19. The system of claim 16, further comprising:

a determination module configured to determine whether a supply chain financial orchestration flow is assigned to the source document; and

an assignment module configured to assign a supply chain financial orchestration flow to the source document where it is determined that no supply chain financial orchestration flow is assigned to the source document.

20. The system of claim 16, further comprising:

a documentation and accounting rule definition module configured to define a documentation and accounting rule that is associated with the supply chain financial orchestration flow, wherein the one or more tasks are defined for the documentation and accounting rule;

a transfer price definition module configured to define a transfer pricing rule that is associated with the supply chain financial orchestration flow, wherein the transfer pricing rule defines a rule to calculate a transfer price;

an agreement definition module configured to define an agreement that is associated with the supply chain financial orchestration flow, wherein the documentation and accounting rule and the transfer pricing rule are defined for the agreement; and

a supply chain financial orchestration flow definition module configured to define the supply chain financial orchestration flow, wherein the supply chain financial orchestration flow comprises a business process type, a physical route, a financial route, a primary route, and a supplier ownership change event.