Oracle helps customers drive efficiency in global supply chains

New Oracle Cloud SCM Logistics Capabilities Help Customers Increase Visibility, Reduce Costs, Automate Compliance, and Improve Decision Making 

To help organizations increase the efficiency of global supply chains, Oracle is introducing new logistics capabilities into Oracle Fusion Cloud Supply Chain & Manufacturing (SCM). Updates to the Oracle Transportation Management It's from Oracle Global Trade Management, part of Oracle Cloud SCM, will help customers optimize logistics operations by increasing visibility, reducing costs, automating regulatory compliance, and improving decision-making. 

Organizations face significant supply chain challenges, ranging from component shortages to disrupted sea routes, changing global trade agreements and volatile customer demand. To quickly adapt their supply chains to the global business environment, logistics professionals need agile, efficient processes that can help them successfully navigate regulatory compliance, reduce the likelihood of trade bottlenecks, and reduce the impact of ongoing disruptions in the transport.

“The past few years have tested the resilience of global logistics operations, and many organizations have struggled to adapt and insulate their businesses from ongoing disruptions,” said Srini Rajagopal, vice president of logistics product strategy at Oracle. “With Oracle Cloud SCM, organizations can easily manage transportation, global trade, and distribution processes. This helps them improve the speed and accuracy of operations, optimize service levels, address compliance and reduce the impact of supply chain disruptions.”

New features in Oracle Transportation Management and Oracle Global Trade Management include:

• Expanded Business Intelligence capabilities: Enables customers to combine transportation and trade data with other operational data in Oracle Fusion Data Intelligence. Augmented data helps organizations improve decision-making and global logistics performance by providing a real-time, holistic view of operations.

• Improved modeling of the logistics network: It helps logistics managers model different scenarios and compare different scheduling options for carriers. Enhanced logistics network modeling capabilities help organizations quickly assess schedules, improve assignment decisions, and optimize fleet performance.
• New business incentive program: Enables customers to simultaneously automate support for multiple country-specific commercial programs. Trade documentation automation helps organizations reduce manual processes, improve the accuracy and efficiency of participation in trade programs, and reduce customs and tax costs.
• Updated Oracle Transportation Management mobile app: Support for third-party transportation service providers and fleet-managed drivers allows application users to bid on local market shipments, capture actual shipment values, and launch maps. The application's additional functionality and high configurability help improve the efficiency of logistics operations, providing users with a more intuitive and personalized experience.
• Improved work environments: Help logistics managers quickly and easily create highly configurable work environments that provide a single view of operations. These new desktop personalization and data visualization capabilities help organizations increase productivity and improve strategic decisions.

“As an international company with offices in 143 countries and territories, we are continually striving to improve the visibility of global trade agreements and centrally manage cross-border business processes,” said Gisele Belotto, Director of Taxation, International Taxation – Trade and Customs, KPMG. “Using many of our own tools, as well as those of our partners, we have been able to optimize our processes and the qualification of commercial agreements to increase efficiency, reduce costs, improve controls and reduce risks in our operations.”

“With Oracle, we are able to increase productivity and significantly reduce freight expense processing time,” said Satish Sharma, President, APMEA, Apollo Tyres. “Oracle Transportation Management helped expand visibility into our supply chain and eliminated the need for multiple checks and administrative work related to freight settlement and audit processes. The company experienced a huge leap in efficiency and reduced the number of errors.”

Oracle Cloud SCM helps organizations seamlessly connect supply chain processes and quickly respond to changes in demand, supply, and market conditions. With new capabilities added every quarter, Oracle Cloud SCM helps customers create a resilient supply network and processes that withstand change.