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Oracle has released the Oracle Transportation Management and Oracle Global Trade Management tools that the company says will help shippers and logistics services providers to streamline processes, reduce costs and mitigate risks.
The company said that the new releases will provide additional transportation and global trade management support through enhanced fleet management, transportation sourcing, transportation business intelligence, transportation planning, small parcel transportation, rail transportation, dock scheduling, product classification and trade control determination.
To further streamline processes, the new release also delivers process integration between Oracle Global Trade Management and Oracle E-Business Suite 12.1
Companies can manage their trade compliance and transportation requirements, including fleet, on a global basis within one central platform by enabling Oracle Transportation Management 6.2 and Oracle Global Trade Management 6.2.
Oracle vice president of logistics product strategy Derek Gittoes said to align business processes, optimize execution and expand global reach, shippers and logistics services providers need to be able to effectively manage global transportation and trade compliance processes.
"With the new releases of Oracle Transportation Management and Oracle Global Trade Management, we are able to optimize those processes by offering an unmatched breadth and depth of transportation and global trade management functionality on a single system," Gittoes said.
Source: http://logisticstechnology.logistics-business-review.com
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