Cloud Readiness / Oracle Fusion Cloud Global Trade Management
New Feature Summary
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  1. Update 22B
  1. Revision History
  2. Overview
  3. Global Trade Management
    1. Transportation and Global Trade Platform
      1. Workbench
        1. Next Generation Enhanced Workbench
      2. User Interface
        1. Business Monitor – Alert Badge
      3. Document Management
        1. View Documents SmartLink Added
      4. Integration
        1. OAuth 2.0 and HTTP Header Profile Support for Addition Content Types
      5. Technical Features
        1. Startup Log Type
        2. Suppress Currency Conversion Exceptions
        3. Limit Agent Loops
        4. Metric Type - CPU Timer Ahead, CPU Timer Behind
        5. Finder for Metric Subcomponent
        6. Limit the Collect Diagnostic Log Frequency
      6. REST Services
        1. REST API Definition Cache
        2. Open API Schema for REST API Resources
        3. Historical Metrics - Count Based Metric Types and Components Added for REST
    2. Global Trade Management (Base)
        1. Enhanced Restricted Party Screening Dice Engine
        2. Next Generation Enhanced Landed Cost Simulator
        3. Next Generation Enhanced Restricted Party Screening Workbench
        4. Document SmartLinks Available Across Objects
        5. Manage Trade Incentive Programs
    3. Trade Agreements
        1. Support for Qualification of Multi-level Bills of Material
        2. Support for Currency Conversion During Qualification
        3. Enhancements to Trade Agreement Qualification Logic
        4. Qualify for Trade Agreement Agent Actions for Item-Based Objects
        5. Enhancements to Qualify for Trade Agreement Action on Trade Transaction Line
    4. Customs Management
        1. AES Filing Enhancements

Update 22B

Revision History

This document will continue to evolve as existing sections change and new information is added. All updates appear in the following table:

Date Product Feature Notes

19 APR 2022

Transportation and Global Trade Platform Next Generation Enhanced Workbench

Updated document. Revised feature information.

18 MAR 2022     Created initial document.

Overview

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DISCLAIMER

The information contained in this document may include statements about Oracle’s product development plans. Many factors can materially affect Oracle’s product development plans and the nature and timing of future product releases. Accordingly, this Information is provided to you solely for information only, is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described remains at the sole discretion of Oracle.

This information may not be incorporated into any contractual agreement with Oracle or its subsidiaries or affiliates. Oracle specifically disclaims any liability with respect to this information. Refer to the Legal Notices and Terms of Use for further information.

Global Trade Management

Transportation and Global Trade Platform

Workbench

Next Generation Enhanced Workbench

This feature provides you with the first full release of the next generation Enhanced Workbench developed using Oracle JET technology. The new Enhanced Workbench provides you with the same features and functionality of the original Workbench (developed using ADF technology) while providing you with a long list of usability, functionality, stability and performance improvements.

The new Enhanced Workbench and the old ADF Workbench capabilities will coexist long enough for you to migrate your old Workbench Layouts to the new Enhanced Workbench format.

We encourage you to use the new Enhanced Workbench for any new Workbenches you are considering and to start planning for your migration to the new and improved Enhanced Workbench format as soon as possible.

User Interface

Business Monitor – Alert Badge

This feature provides you with a Business Monitor Alert Badge that will be displayed on top of the Business Monitor flag icon whenever a change is found after a Business Monitor refresh occurs.  The Alert Badge allows you to keep your Business Monitors minimized until the Alert Badge indicates a change has occurred and your Business Monitor should be opened for review.

Document Management

View Documents SmartLink Added

This feature adds the Documents SmartLink to an additional set of objects including:

  • Demurrage Transaction
  • Driver
  • Equipment
  • Power Unit
  • Rate Record
  • Rate Offering
  • SKU
  • Tracking Event
  • Work Assignment
  • Work Invoice
  • Bond
  • Campaign
  • Campaign Line
  • Declaration Line
  • Item Classification
  • Item Origin
  • Item Qualification
  • License Line
  • Transaction Line

The feature improves your access and visibility to the documents assigned to an object.

Integration

OAuth 2.0 and HTTP Header Profile Support for Addition Content Types

This feature provides you with the option of sending outbound Transmission XML with support for OAuth 2.0 and Header Profiles.  The BuildNotifyMessageWorkflow has been extended to support REST client capabilities for OAuth 2.0 and custom HTTP Header Profiles for the Content Types of 'application/xml', and 'text/xml'. This change is in addition to the previously available capabilities provided for the 'application/json' Content Type. 

Technical Features

Startup Log Type

This feature provides you with a Startup Log Type that will capture all the Log Ids related to system startup. Once system startup is complete, the Startup log is disabled. You will find the Startup Log Type beneficial in reviewing all the activities related to system startup. 

Suppress Currency Conversion Exceptions

This optional feature, Suppress Currency Conversion Exceptions, will log warnings rather than exceptions when currency conversion data are missing.  The change in reporting currency conversion exceptions will reduce the amount of clutter in your exception logs.

Limit Agent Loops

This optional feature sets a limit for the FOR, FOR EACH and Data Type Association workflow agent loops to avoid excessive memory usage.  This feature will provide improved stability by avoiding excessive memory usage related to unconstrained queries.

Metric Type - CPU Timer Ahead, CPU Timer Behind

This feature provides you with new metric types - CPU - TIMER AHEAD, CPU - TIMER BEHIND, that will capture statistics related to these CPU Component events.  You will find this information beneficial when this metric is correlated with other metrics where you notice performance issues occurring at the same time as the CPU - TIMER BEHIND or AHEAD metrics are reported.

Finder for Metric Subcomponent

This feature provides you with a Finder you can use to find and select the Metric Subcomponent for your Metric Type when defining a Metric Threshold.  The ability to find or use auto-complete for the selection of the Metric Subcomponent will save you time and will reduce typo errors and/or accidentally creating Metric Type and Metric Subcomponent miss-matches. 

Limit the Collect Diagnostic Log Frequency

This optional feature sets a limit for how frequently the Collect Diagnostic Logs can be run.  The limit has been provided to avoid the performance impact related to collecting large amounts of diagnostics too frequently - which can happen when the thresholds that have been set for capturing diagnostics are automatically triggered.

REST Services

REST API Definition Cache

This Optional Feature, when enabled,  is used to enable cache for REST API definitions.

Open API Schema for REST API Resources

The Open API schema, for all supported REST API resources, is now available for you to use at runtime. The new 'metadata-catalog' paths provide access to the same schema descriptions maintained in the online REST API documentation found on docs.oracle.com. 

Historical Metrics - Count Based Metric Types and Components Added for REST

This feature extends the historical metric types and components available to provide you with count related metrics for REST services.  Metric Types supported include SYNC REST and ASYNC REST types for Read Count, Create Count and Delete Count as well as ASYNC REST for Batch Count and REST Customs for Action Count.

 You can use these metrics and components to capture key REST count related statistics over time. 

Global Trade Management (Base)

Enhanced Restricted Party Screening Dice Engine

This feature provides you with improved performance when using the DICE engine for restricted party screening. This feature is delivered with Opt In set to FALSE/not enabled. When enabled, the DICE engine will use the updated logic to improve the performance of the engine.

This feature provides performance improvements within the restricted party screening engine that enables the application to perform screening of your parties against denied party lists faster.

Next Generation Enhanced Landed Cost Simulator

This feature provides you with an enhanced Landed Cost Simulator using Oracle JET. The enhanced Landed Cost Simulator provides you with many of the same or equivalent features and functionality as the legacy Landed Cost Simulator (developed using ADF Technology). As part of the redesign, the flow of the buttons has been improved to a more natural navigation path for users.

Next Generation Enhanced Restricted Party Screening Workbench

This feature provides you with an enhanced Restricted Party Screening Workbench using Oracle JET. The enhanced Restricted Party Screening Workbench provides you with many of the same or equivalent features and functionality as the legacy Restricted Party Screening Workbench (developed using ADF Technology). This feature enables you to take advantage of the enhanced workbenches using Oracle JET which include many usability, functionality, and performance improvements.

Document SmartLinks Available Across Objects

This feature provides you with a SmartLink that you can use to navigate to the Document Manager from various objects. The Documents SmartLink is now available from the following objects:

  • Bond
  • Campaign
  • Campaign Line
  • Declaration Line
  • Item Classification
  • Item Origin
  • Item Qualification
  • License Line
  • Transaction Line

This feature improves access and visibility to the documents assigned to the objects where the Documents SmartLink has been added and helps users navigate the application in fewer clicks.

Manage Trade Incentive Programs

New objects have been added to the application to manage your trade incentive programs including:

  • Trade Incentive Programs
  • Trade Incentive Program Types
  • Trade Incentive Program Reference Numbers

In the future, these new objects will help to manage your special program information including details about the trade incentive programs. At this time, they are reserved for future use and provide no specific functionality.

Trade Agreements

Support for Qualification of Multi-level Bills of Material

This feature provides you with support for qualifying multi-level bills of material in GTM. Bills of material, modeled as an item structure, can now be in either a multi-level hierarchy or as a flattened structure when you perform qualification. Additionally support for Alternate BOMs has been added to the data model and integration layer. These features allow for easier integration with your source system and more flexible qualification process.

Support for Currency Conversion During Qualification

Oracle Global Trade Management supports the ability to track item cost information in different currencies. You can now perform qualification using different currencies across the finished good and the components during the qualification process. GTM uses exchange rates to standardize on a single currency and provide you with the results of your trade agreement qualification analysis. This improves the flexibility of the application to support qualification across complex supply chains that may cross different currencies.

Enhancements to Trade Agreement Qualification Logic

This feature includes enhancements to the trade agreement logic. The application now supports the following scenarios as part of the Qualify for Trade Agreement actions:

  • Use of the Wholly Obtained flag on Item and Item Origin
  • Consideration for the effective and expiration dates on Item Origin and Item Qualification
  • Auto-expiration of prior qualification records
  • Use of the Qualified status on Item Qualification in conjunction with the Country of Origin
  • Component origin is considered as non-originating when there are multiple suppliers, and the correct supplier cannot be determined

By continuing to enhance Trade Agreement Qualification, GTM is able to provide you with additional use cases to better support your business needs expanding qualification to a broader set of scenarios allowing more goods to qualify and less duty and tax to be paid by your customers.

Qualify for Trade Agreement Agent Actions for Item-Based Objects

This feature provides you with the ability to automatically qualify certain item-based objects for trade agreements using automation agents. A new agent action called Qualify for Trade Agreement is available on the following Agent Types: Trade Item Structure, Item Origin and Item Qualification. For example, you can have an automation agent listening to agent events for when a bill of material, modeled as a trade item structure, is created or modified. When this happens, GTM can automatically qualify your trade item structure for trade agreements. Qualifying for trade agreements enables you to see if a finished good can take advantage of a reduced duty rate. By automating this process for various GTM objects, you can proactively determine if these objects, and the corresponding item, qualify for trade agreements and help your customers save money on duty and tax.

Enhancements to Qualify for Trade Agreement Action on Trade Transaction Line

This feature includes enhancements to the Qualify for Trade Agreement action on Trade Transaction Line. GTM now supports the following scenarios:

  • Determining the proper trade item structure to use for qualification using constraint sets
  • Use the first 6 digits of another harmonized tariff product classification code if the country of import classification code is not present

These enhancements make configuration of GTM more flexible and reduce the frequency with which users may need to enter data by automating identification of the appropriate item structure and leveraging the standardization of the harmonized tariff system to reduce user input requirements.

Customs Management

AES Filing Enhancements

This feature provides enhancements to the AES Filing capability. Based on regulatory changes, the AES Template related to the X12.601 Customs & Border Protection (CBP) - Export Shipment Information specification has been updated as follows:

  • AES License Exception Code C64 (ACE) Authorized Cybersecurity Exports has been added. This license exception code is available for use with the following ECCNs: 4A005, 4D001, 4D004, 4E001, 5A001, 5B001, 5D001, and 5E001

As the regulations change for AES Filing, GTM is updated so that your export filing is in line with the current regulations.