This latest release offers expanded capabilities in five primary areas:
Extensions to sourcing, planning, execution, financial settlement and visibility across all modes of transportation.
Extension of the multi-modal capabilities supported for transportation sourcing by addressing complex-ocean bids as well as accessorials for both truck and ocean.
Expansion of Oracle Fleet Management with new capabilities that help reduce transportation costs and improve equipment utilization by enhancing the planning and optimization engine for solving complex fleet planning scenarios.
The introduction of new business intelligence capabilities and additional dashboard reports to drive process efficiency and help measure and monitor ‘green’ metrics such as CO2 (Carbon Dioxide) Emissions, NOX (Oxides of Nitrogen) Emissions and Total Fuel Consumption.
The addition of Oracle Global Trade Management, a new product offering also announced today and delivered within the Oracle Transportation Management platform. This new product is designed to support the import-export compliance needs of companies engaged in global trade.
This combination makes Oracle Transportation Management the only solution that enables companies to manage their comprehensive trade compliance and transportation requirements, including fleet, on a global basis within one central platform.
By further automating logistics processes and supporting sustainability initiatives, Oracle Transportation Management 6.1 helps shippers and logistic service providers lower transportation costs, improve efficiencies and reduce their environmental impact.
Advanced Fleet Management and Support for Sustainability Objectives Oracle
As part of the enhancements to Oracle Fleet Management, Oracle Transportation Management 6.1 delivers a new mobile communication platform that improves shipment visibility by allowing fleet dispatchers to capture data-rich information about shipments and communicate with drivers in real-time.
The mobile communication platform also enables fleet dispatchers to drive process efficiencies by automating shipment monitoring to determine whether an event requires additional action or support.
The SmartWay Transport Partnership helps freight sector companies reduce greenhouse gas emissions and improve energy efficiency through strategies, financing and advanced technologies.
“Oracle Transportation Management provides Schneider National with a global platform to manage our extensive asset and non-asset based lines of business,” said Ted Gifford, Distinguished Member of Technical Staff, Schneider National. “Having this insight within a single transportation platform will enable us to reduce costs and improve business efficiencies.”
“It is critical that global transportation management systems give shippers and logistics service providers a holistic view into insightful and actionable information,” said Dwight Klappich, Research Vice President, Gartner. “This information is not only essential to help control costs and manage assets and resources, but is also key to enhancing the environmental sustainability of freight sector companies by helping them to reduce greenhouse gas emissions and improve energy efficiency.”
“Shippers and logistics service providers face a myriad of challenges as they try to maximize efficiencies to lower operational costs and reduce their environmental impact,” said Derek Gittoes, Oracle Vice President, Logistics Product Strategy. “By enabling companies to manage their global trade and transportation requirements within one central platform, our customers are better equipped to overcome these challenges and make more insightful decisions about their logistics operations.”
Oracle Transportation Management 6.1 is currently available.
Oracle Supply Chain Management applications are complete, open and integrated solutions that power the Information-Driven Value Chain. The industry's most comprehensive portfolio of industry-specific supply chain applications, Oracle SCM spans all aspects of the value chain including planning, procurement, manufacturing, logistics and service, all with end-to-end supply chain intelligence. With Oracle SCM, companies can achieve operational excellence, accelerate innovation and manage risk and compliance.
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