Wednesday, 25 January 2023 10:30

Oracle delivers new logistics capabilities to get the supply chain moving again

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Oracle has announced new logistics capabilities to help organisations increase the efficiency of their global supply chains. The new features are available in Oracle Fusion Cloud Supply Chain and Manufacturing, Oracle Transportation Management, and Oracle Global Trade Management. They will help customers reduce costs, improve accuracy, automate regulatory compliance, and enhance logistics flexibility.

Logistics leaders are overwhelmed with fluctuating fuel costs, a build-up of port and shipping delays, and evolving trade regulations - while also being at the forefront of efforts to reduce carbon emissions of goods in transit. Organisations that don't have flexible and responsive logistics processes in place will often pass these delays and costs onto their customers.

“Global logistics operations and supply chain system has experienced huge challenges in the last few years,” said Oracle senior vice president, applications, Japan and Asia Pacific Adrian Johnston. “Oracle Transportation Management and Oracle Global Trade Management enable organisations to run their logistics operations more efficiently, reduce freight costs and optimise service levels.  With OTM and OGTM, our customers can rapidly adapt to changes in their supply chain and logistics network. Oracle’s self-updating platform gives customers access to continuous innovation without business disruption.”

The new capabilities will be available in Oracle Cloud Supply Chain and Manufacturing (SCM), Oracle Transportation Management, and Oracle Global Trade Management.

These capabilities include:

  • Automated Trade Agreement Qualification: Helps customers validate Certificate of Origin, reduce tariffs, and enter new markets. With a deep view into the bill of materials, Trade Agreement Qualification enables customers to comply with labour regulations and prove where goods were produced via auditable records.
  • New Oracle Logistics Digital Assistant Capabilities: Allow users to gain insight into the status of their shipments with simple voice commands. With the embedded Logistics Digital Assistant, users can quickly find answers to their questions.
  • Enhanced Workbenches: Allow users to combine data from multiple sources into a single view to streamline operations and improve decision-making. New templates for driver management, dock scheduling, work assignments, shipment, spot bids, and restricted party screening enable users to manage specific logistics processes more efficiently.
  • New Oracle Transportation Management Mobile App: Enables customers to send assignments to drivers, capture arrival and departure events, and communicate in-transit status and location information. The highly configurable and intuitive app synchronises offline app data and allows users to execute tasks efficiently no matter where they are.
  • ETA Predictions with Machine Learning: Provide real-time updates and shipment tracking to create accurate predictions for arrival times based on a customer’s unique business operations. With more accurate ETA predictions, customers can take quick action to reroute shipments to enhance operational efficiency.

Oracle Cloud SCM helps organisations seamlessly connect supply chain processes and quickly respond to changing demand, supply, and market conditions. With new features added every quarter, Oracle Cloud SCM helps customers create a resilient supply network and processes that outpace change.

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David M Williams

David has been computing since 1984 where he instantly gravitated to the family Commodore 64. He completed a Bachelor of Computer Science degree from 1990 to 1992, commencing full-time employment as a systems analyst at the end of that year. David subsequently worked as a UNIX Systems Manager, Asia-Pacific technical specialist for an international software company, Business Analyst, IT Manager, and other roles. David has been the Chief Information Officer for national public companies since 2007, delivering IT knowledge and business acumen, seeking to transform the industries within which he works. David is also involved in the user group community, the Australian Computer Society technical advisory boards, and education.

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