To help organizations increase the efficiency of global supply chains, Oracle introduces new logistics capabilities within Oracle Fusion Cloud Supply Chain & Manufacturing (SCM). The updates to Oracle Transportation Management and Oracle Global Trade Management, part of Oracle Cloud SCM, will help customers optimize logistics operations by enabling them to increase visibility, reduce costs, automate regulatory compliance and improve decision-making.
“The last few years tested the resiliency of global logistics operations and many organizations have struggled to adapt and insulate their business from ongoing disruptions,” says Srini Rajagopal, vice president of logistics product strategy, Oracle. “With Oracle Cloud SCM, organizations can seamlessly manage transportation, global trade, and distribution processes. This helps them to improve the speed and accuracy of operations, optimize service levels, improve compliance, and mitigate the impact of supply chain disruptions.”
Key Takeaways:
- The new capabilities within Oracle Transportation Management and Oracle Global Trade Management include:
- Expanded Business Intelligence Capabilities: Enables customers to combine transportation and trade data with other operational data in Oracle Fusion Data Intelligence Platform. The augmented data helps organizations improve decision-making and global logistics performance by providing a holistic, real-time view of the business.
- Enhanced Logistics Network Modeling: Helps logistics managers to model different scenarios and compare different scheduling options for drivers. The enhanced Logistics Network Modeling capabilities help organizations quickly evaluate schedules, improve assignment decisions and optimize fleet performance.
- New Trade Incentive Program: Enables customers to simultaneously automate support for multiple country-specific trade programs. Automating trade documentation helps organizations eliminate manual processes, improve the accuracy and efficiency of trade program participation and reduce duty and tax costs.
- Updated Oracle Transportation Management Mobile App: Support for third-party transportation service providers and fleet-managed drivers enables app users to bid on spot market shipments, capture shipment actuals, and launch maps. The added functionality and high configurability of the app helps improve the efficiency of logistics operations by providing users with a more intuitive and personalized experience.
- Improved Workbenches: Help logistics managers quickly and easily create highly configurable workbenches that provide a single view of operations. New workbench personalization and data visualization features help organizations increase productivity and improve business decisions.
