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Tech Industry

Short Take: Oracle invests in supply-chain start-up

Oracle has invested in start-up eConnections, a maker of software that helps manage the supply chain for companies in the electronics industry. Terms were not disclosed. The demand for supply-chain management (SCM) software has increased as more companies join industry exchanges or develop private exchanges in an effort to cut costs and simplify order management and inventory control. Oracle, SAP and others also provide SCM software.

    Oracle has invested in start-up eConnections, a maker of software that helps manage the supply chain for companies in the electronics industry. Terms were not disclosed. The demand for supply-chain management (SCM) software has increased as more companies join industry exchanges or develop private exchanges in an effort to cut costs and simplify order management and inventory control. Oracle, SAP and others also provide SCM software.