Enable the Eco-Enterprise for Travel and Transportation
Oracle's Approach to Sustainability in the Travel and Transportation Industry
Leading travel and transportation companies recognize that environmental responsibility is good business and that well-structured environmental practices deliver triple bottom line benefits to people, planet and profits.
Transportation companies have a critical role to play in global sustainability initiatives because they are significant and visible consumers of energy. Fuel is often the second or third highest cost element for transportation companies and fuel prices have a huge impact on their margins and profitability, especially the airline and trucking industries.
Airlines: Fuel is the second biggest expense for an airline, so effectively managing fuel costs is critical for airlines to be profitable in an era of volatile fuel prices. Fuel also has a large environmental impact with transportation causing 13% of global emissions (source: World Development Report 2010). Oracle can help airlines lower fuel costs by helping them streamline fuel procurement and inventory management.
Logistics Service Providers: Fuel is a big expense for asset-based LSPs such as trucking, ocean, and rail companies. Oracle can help trucking companies save on fuel costs by optimizing load plans, truck routes, and driver assignment to loads. Oracle can also help asset and non asset-based LSPs monitor and manage the carbon footprint for their transportation networks and the supply chain services they provide through load, route, and transportation mode optimization.
Hospitality: Sustainability plays an important role in hospitality, especially in the global hotel and cruise industries with a strong focus on managing water and energy consumption.
Oracle's sustainability-related solutions can help travel and transportation companies drive towards sustainable business operations, reduce the carbon impact of their IT infrastructure and help comply with environmental regulations that impact the industry.
Improve reporting and analysis of carbon footprint
Comply with emerging regulations and minimize environmental impact