Oracle Cooperative Routing was built to address the growing need to more effectively manage all owned, leased, and contracted carrier and fleet resources. By looking at your entire logistics network over time, Cooperative Routing allows you to strategically examine the use of carrier and fleet resources in the supply chain. It does this by identifying historical shipping patterns and determining optimal asset utilization, while bringing visibility to potential continuous move opportunities.
The strategic plan that Cooperative Routing creates is considered within Oracle Transportation Management's operational plan, ensuring that the fleet is deployed properly and the benefits of the plan are realized. As a result of this process, carriers and fleet operators can decrease transportation costs, increase committed capacity availability, and increase satisfaction rates for trading partners, service providers, and customers.
Oracle Cooperative Routing is an integrated option for Oracle Transportation Management, part of the Oracle Supply Chain Management family of applications.
Using break-through optimization techniques and new transportation planning thinking, Oracle Transportation Cooperative Routing analyzes shipment history and forecast information to recognize patterns in supply chain channels. The result allows lane analysts to identify the most efficient opportunities for the carrier and fleet resources being deployed.
And that's just the planning capability, simply identifying repeatable routes and continuous move opportunities is only half the challenge. Cooperative Routing's optimal fleet blueprint is then used during the operational planning process, where fleet and carrier resources are assigned to tactical orders which are converted to shipments.
Customers who use the Oracle Transportation Cooperative Routing option are able to:
Lower Transportation Costs
Improve Asset Utilization and Network Efficiency
Improve Carrier Relations
Increase Customer Service Levels
Support Sustainability Initiatives by Reducing Drive Miles, Fuel Consumption and Resource Emissions