Oracle Transportation Management (OTM) provides a platform for companies to manage all transportation activity throughout their supply chains. OTM is niche solution under the Oracle Logistics umbrella. Partners in the OTM space are highly specialized and customers and other stake holders prefer OTM certified Partners to ensure success in Implementation Projects.
Oracle Transportation Management provides support for the following transportation business functions:
Transportation Order Management: Integration with external order management, purchasing, warehouse and other systems for purposes of managing transportation demand. Transportation order management functions can be extended to external parties in the supply chain, such as suppliers who provide “ready to ship” information for their purchase orders.
Rate Management: A global repository and rating engine for service provider contracts for transportation and related services. Oracle Transportation Management enables companies to manage all of their rates centrally, including support for truckload, less-than-truckload, parcel, air, rail, and ocean rates. Oracle Transportation Management supports full “sell side” rating for logistics service providers and other companies who provide transportation services.
Operational Planning: Customers can apply their specific business rules and logic in conjunction with powerful algorithms and optimization engines to optimize shipments based on cost, service level, and asset utilization. Scenarios for multi-stop consolidation, pooling, cross-docking, and threedimensional load configuration are supported. Manage dock appointments for greater warehouse efficiency with advanced scheduling and collaboration capabilities.
Booking and Tendering: Collaborate with transportation service providers using multiple communication formats – email, web, mobile phone, and XML. Share transportation plans and manage service provider responses (e.g., conditional bookings, tender acceptances). Automated support for multiple types of tender processes, such as sequential tendering and broadcast tendering.
Event Management and Visibility: Proactively manage the lifecycle of orders and shipments through automated milestone monitoring. For example, automatically expedite shipments when pickup confirmations have not been received within a specified tolerance interval. Receive status updates from transportation service providers using multiple communication formats – web, XML, and mobile phone.
Freight Payment, Billing and Claims: Eliminates unnecessary charges and automates the time consuming and error prone processes of freight payment, customer billing, and managing freight claims. Using the actual shipment data captured throughout the transportation lifecycle, Oracle Freight Payment, Billing and Claims ensures that companies are paying, billing, and tracking only for the transportation services that were provided.
Fleet Management: Manage private fleet and common carrier networks on a single platform for increased asset utilization, lower transportation costs, and reduced environmental impact. Oracle Fleet Management provides support for all aspects of managing a fleet for shippers with a private or dedicated fleet and logistics service providers who employ their own assets in providing service to their customers. Supported business functions include: driver and equipment assignment, dispatch, asset tracking and event management, and financial settlement for driver payroll, supplier payment, and customer billing.
Transportation Sourcing: Utilize sophisticated optimization algorithms to model your sourcing rules and objectives to minimize costs while streamlining the sourcing process for transportation services. Oracle Transportation Sourcing automatically uses historical shipment data to build bid packages and then seamlessly loads the awarded bids back into Oracle Transportation Management in the form of executable rates. This significantly enhances the accuracy of the bid package as well as reduces the time and overhead it takes to run a procurement cycle.
Business Intelligence: Create a real-time transportation dashboard for your operational and strategic planning needs by automatically leveraging the operational data stored in Oracle Transportation Management. By taking operational data and converting it into meaningful information, companies are better able to avoid future inefficiencies and make real-time changes to plans that are not going as expected. For example, planners can view the historical performance of carriers in the context of making a carrier assignment for an expedited shipment. Oracle Fusion Transportation Intelligence eliminates the need for a separate, siloed, data warehouse that supports transportation processes.