BUILDING on the foundation of Oracle Transport Management (OTM), the industry’s broadest and deepest transport management platform, customers can derive additional benefits from related product options. These include:
Oracle Transportation Operational Planning: This allows customers to apply specific business rules and logic in conjunction with powerful algorithms and optimization engines to optimize orders and shipments based on cost, service level, and asset utilization. Scenarios for multi-stop consolidation, pooling, cross-docking and three dimensional load configuration are supported. This option also allows customers to manage dock appointments for greater warehouse efficiency with advanced scheduling and collaboration capabilities.
Oracle Freight Payment, Billing and Claims: This allows companies to eliminate unnecessary charges and automate the time consuming and error prone processes of freight payment, customer billing, and managing freight claims. Using actual shipment data captured throughout the transportation lifecycle, Oracle Freight Payment, Billing and Claims ensures that companies are paying, billing, and tracking only the transportation services that were provided.
Oracle Fleet Management: This enables companies to 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 services to their customers. Oracle Fleet Management supports driver and equipment assignment, dispatch, asset tracking and event management, and financial settlement for driver payroll, supplier payment and customer billing.
Oracle Transportation Sourcing: Customers can sophisticated optimization algorithms to model sourcing rules and constraints to minimize costs while streamlining the procurement process for transportation services. Oracle Transportation Sourcing utilizes historical shipment data to build bid packages and then seamlessly turns awarded bids into executable rates.
Oracle Fusion Transportation Intelligence: This creates a transportation dashboard for operational and strategic performance indicators by leveraging the operational data stored in Oracle Transportation Management. By taking operational data and converting it into meaningful information, companies can avoid future inefficiencies and make changes to plans and parameters that are causing unsatisfactory results. Oracle Fusion Transportation Intelligence eliminates the need for a separate, siloed data warehouse in support of transportation metrics.
Oracle Transportation Cooperative Routing: This enables companies to strategically examine and optimize the use of third party carrier and internal fleet resources in the supply chain by identifying historical shipping patterns and determining optimal asset utilization via efficient lane combinations of freight (i.e., cooperative routes). This strategic plan is then used within OTM’s operational planning process, ensuring that the fleet and carrier resources are deployed properly and the benefits are realized.
Oracle Forwarding and Brokerage Operations: This automates the freight forwarding and brokerage processes used by logistics service providers to greatly improve process efficiency and profitability while improving the service delivered to their customers.
Logistics Inventory Visibility: This provides visibility to both on hand and in-transit inventory levels across the extended supply chain, including internal and third party facilities. This enables companies to reduce inventory levels and costs with real-time inventory monitoring and management capabilities.
Oracle In-Memory Logistics Command Center: With this, customers can take a unique and innovative approach to strategic and operational “what if” scenario management by simulating actual logistics operations using detailed operational data, including network infrastructure, costs, contracts, service levels, capacities and constraints.