Oracle adds new logistics capabilities to Oracle Cloud SCM

Oracle Corporation Australia

Thursday, 22 February, 2024

Oracle adds new logistics capabilities to Oracle Cloud SCM

Oracle has announced it is introducing 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, are designed to help Oracle customers optimise logistics operations by increasing visibility, reducing costs, automating regulatory compliance and improving decision-making.

Organisations are facing significant supply chain challenges — from component shortages to disrupted shipping routes, ever-changing global trade agreements and volatile customer demand. To quickly adapt their supply chains to the changing global business environment, logistics professionals need agile and efficient processes that can help them successfully navigate regulatory compliance, reduce the likelihood of trade bottlenecks and mitigate the impact of ongoing shipping disruptions.

“The last few years tested the resiliency of global logistics operations and many organisations have struggled to adapt and insulate their business from ongoing disruptions,” said Srini Rajagopal, Vice President of Logistics Product Strategy, Oracle. “With Oracle Cloud SCM, organisations can seamlessly manage transportation, global trade and distribution processes. This helps them improve the speed and accuracy of operations, optimise service levels, address compliance and mitigate the impact of supply chain disruptions.”

The new capabilities within Oracle Transportation Management and Oracle Global Trade Management include the following:

  • Expanded business intelligence capabilities enable users to combine transportation and trade data with other operational data in Oracle Fusion Data Intelligence.
  • Enhanced logistics network modelling helps logistics managers to model different scenarios and compare different scheduling options for drivers.
  • A new trade incentive program enables users to simultaneously automate support for multiple country-specific trade programs.
  • An updated Oracle transportation management mobile app provides support for third-party transportation service providers and fleet-managed drivers, enabling app users to bid on spot market shipments, capture shipment actuals and launch maps.
  • Improved workbenches help logistics managers quickly and easily create highly configurable workbenches that provide a single view of operations.
     

Image credit: iStock.com/ipopba

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