Enhancements Help Shippers and Logistics Services Providers Further Streamline Processes, Reduce Costs and Mitigate Risks
Redwood Shores, Calif. – January 10, 2011
Demonstrating its commitment to innovation and market leadership in logistics management, Oracle today announced the availability of new releases of Oracle Transportation Management and Oracle Global Trade Management.
By introducing a broad set of market driven enhancements, Oracle Transportation Management 6.2 (www.oracle.com/us/products/applications/ebusiness/logistics/018756.htm) and Oracle Global Trade Management 6.2 (www.oracle.com/us/solutions/scm/043215.html) further support global transportation and trade compliance processes.
The new releases provide additional transportation and global trade management support through enhanced fleet management, transportation sourcing, transportation business intelligence, transportation planning, small parcel transportation, rail transportation, dock scheduling, product classification and trade control determination.
By delivering an unmatched breadth and depth of transportation and global trade management functionality on a single, unified platform, the new releases help reduce transportation costs, increase operational efficiency, improve customer service, decrease supply chain lead times and mitigate supply chain and trade compliance risk by further standardizing and automating processes.
To further streamline processes, the new release also delivers process integration between Oracle Global Trade Management and Oracle E-Business Suite 12.1 (www.oracle.com/us/products/applications/ebusiness/index.html)
Industry Leading Transportation Management Capabilities
Oracle Transportation Management 6.2 and Oracle Global Trade Management 6.2 enable companies to manage their comprehensive trade compliance and transportation requirements, including fleet, on a global basis within one central platform.
New capabilities within Oracle Transportation Management 6.2 include:
Fleet Management enhancements for shipment and asset optimization, dispatch workflow automation, geographic visualization and mobile communications.
Transportation sourcing enhancements to support the requirements of procuring and optimizing less-than-truckload (LTL) transportation services.
Transportation planning enhancements to optimize order consolidation and three-dimensional equipment load configuration (e.g. accounting for equipment with multiple compartments, equipment with curved roofs).
Transportation business intelligence enhancements, with embedded support for Oracle Data Integrator, increase the ease with which customers can extend and configure the analytical data model.
Small parcel transportation enhancements for carton level rating, tracking and freight payment and audit.
Rail transportation enhancements for shipment rating, shipment execution and rail equipment tracking.
New capabilities within Oracle Global Trade Management 6.2 include:
Packaged integration with Oracle E-Business Suite 12.1 for sales order and delivery trade compliance screening automates trade compliance as part of an integrated order-to-cash process for international sales.
Usability enhancements streamline the resolution of orders on trade compliance hold, improving process efficiency and customer service.
Product classification of items based on “rollup” of an item’s sub-component classifications (e.g., classification of configure-to-order items).
“Shippers and logistics service providers are faced with increasingly complex and volatile global supply chains,” said Dwight Klappich, Research Vice President, Gartner. “To manage that complexity and optimize logistics operations, they need a comprehensive and unified platform that can deliver the extensive capabilities required to support all orders, shipments and inventory. With that kind of breadth and depth of functionality, it is possible to improve customer service while also reducing costs, improving efficiencies and mitigating risk.”
“Managing the different regulatory requirements of importing and exporting countries is an extremely expensive and time consuming process that can ultimately impact the efficiency of the overall supply chain,” said William McNeill, Senior Research Analyst, Gartner. “To streamline that process and ensure compliance with ever changing rules and regulations, shippers and logistics service providers need to be able to automate compliance processes and easily integrate them with both their supply chain and broader enterprise application suites.”
“To align business processes, optimize execution and expand global reach, shippers and logistics services providers need to be able to effectively manage global transportation and trade compliance processes,” said Derek Gittoes, Oracle Vice President, Logistics Product Strategy. “With the new releases of Oracle Transportation Management and Oracle Global Trade Management, we are able to optimize those processes by offering an unmatched breadth and depth of transportation and global trade management functionality on a single system.”
Oracle Transportation Management 6.2 and Oracle Global Trade Management 6.2 are currently available.
Oracle Transportation Management (www.oracle.com/us/products/applications/ebusiness/scm/018756.htm)
Oracle Global Trade Management (www.oracle.com/us/solutions/scm/043215.html)
Video: Derek Gittoes Introduces Oracle Transportation Management 6.2 (www.youtube.com/watch?v=LIYLrZqgM-4)
Oracle Transportation Management 6.2 Screenshots (www.flickr.com/photos/oracle_images/sets/72157625646388231/)
Gartner Magic Quadrant: Oracle a Leader in Transportation Management Systems (www.gartner.com/technology/media-products/reprints/oracle/article129/article129.html)
Gartner Report From the Oracle Transportation Management Special Interest Group Meeting (www.gartner.com/technology/media-products/reprints/oracle/article146/article146.html)
AMR Research Routing and Scheduling Systems Landscape (www.oracle.com/ocom/groups/public/@ocom/documents/webcontent/050918.pdf)
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