Welcome!

Recurring Revenue Authors: Yeshim Deniz, Elizabeth White, Liz McMillan, Carmen Gonzalez, Pat Romanski

News Feed Item

Oracle Unveils New Releases of Oracle Transportation Management and Oracle Global Trade Management

New Modules and Enhanced Functionality Help Shippers and Logistics Services Providers Optimize Transportation and Trade Management

REDWOOD SHORES, CA -- (Marketwire) -- 01/07/13 -- Oracle (NASDAQ: ORCL)

News Facts

  • Further extending its commitment to innovation and market leadership in logistics management, Oracle today announced the availability of new releases of Oracle Transportation Management and Oracle Global Trade Management.
  • With Oracle Transportation Management 6.3 and Oracle Global Trade Management 6.3, Oracle is introducing a broad set of market driven enhancements and new products that extend support for global transportation and trade compliance and customs processes.
  • The new releases include innovative new transportation and global trade management capabilities including enhanced fleet management, transportation sourcing, transportation business intelligence, transportation planning, rail transportation, workflow and event management, freight payment, billing and claims, document management and customs management.
  • Leveraging two specialized mobile applications, the new release of Oracle Transportation Management also supports key business processes such as the freight tender process, order/shipment visibility, event management and access to transportation business intelligence on mobile devices.
  • By delivering a comprehensive transportation and global trade management functionality on a single, unified platform, the new releases help customers support business growth and market expansion by reducing transportation costs, increasing operational efficiency, improving customer service, decreasing supply chain lead times and mitigating supply chain/trade compliance risk.
  • With the new capabilities, customers can leverage Oracle Transportation Management 6.3 and Oracle Global Trade Management 6.3 to manage the most critical transportation and trade management requirements on an enterprise-wide, global level.

Enterprise-Wide Transportation Capabilities

  • New capabilities within Oracle Transportation Management 6.3 include:
    • Fleet Management enhancements that help customers increase fleet asset utilization and reduce transportation costs through innovative new management and visualization capabilities.
    • Transportation sourcing enhancements that help customers reduce transportation costs by optimizing bid packages and improving usability.
    • Transportation business intelligence enhancements include new content and metrics to support fleet and asset management, expanding data upon which to build KPIs and dashboards and further improving the user experience.
    • Transportation planning enhancements that help customers further reduce transportation costs through sophisticated optimization of cross-docks, consolidation centers, and other types of networks. In addition, new optimization logic that enables customers to optimize the packing of their goods in order to minimize transportation costs.
    • Rail transportation enhancements that help customers reduce rail transportation costs through comprehensive analysis, evaluation and estimation of rail-related costs.
    • Mobility enhancements that improve efficiencies and decision-making by enabling customers to conduct key business processes and common transportation management tasks, such as shipment tendering and shipment visibility, on mobile devices using a configurable mobile web-app.

Trade Management Global Capabilities

  • New capabilities within Oracle Global Trade Management 6.3 include:
    • The introduction of Oracle Customs Management, a new module within Oracle Global Trade Management that helps customers manage customs clearance screening and custom filings by directly supporting US export AES filings and enabling data to be easily transferred to any other third-party filing broker solution.
    • New features to support end-to-end license management for aerospace and defense, high technology, life sciences and industrial manufacturing customers with complex license requirements such as International Traffic & Arms Regulations (ITAR) controls.
    • Customer-driven usability enhancements for advanced product classification and export compliance screening including a new restricted party screening workbench.
    • Enhanced tariff visibility for duties, taxes and other regulatory controls that help customers improve decision making by enabling them to quickly and easily view relevant customs duty information, as well as other government agency regulatory controls.
    • New license management features that streamline and simplify processes by automating license assignment and balance management and providing proactive notifications for when licenses will expire or be used in full.

Supporting Quotes

  • "To support business growth and market expansion, shippers and logistics service providers are looking at new ways to streamline and enhance complex transportation and trade management processes," said Derek Gittoes, Oracle Vice President, Logistics Product Strategy. "In the latest releases of Oracle Transportation Management and Oracle Global Trade Management, we have combined new capabilities such as specialized mobile applications with enhancements to the industry's most comprehensive transportation and global trade management platform. As a result we are in a better place than ever to help our customers further streamline processes, reduce costs and mitigate risks."
  • "Increased supply chain complexity and rising and volatile costs force today's shippers and logistics service providers to be more flexible and responsive," said Simon Ellis, Practice Director, Supply Chain Strategies, IDC Manufacturing Insights. "A rapidly growing number of these companies are implementing automated transportation management systems as a means to efficiently, reliably, and cost effectively manage and control freight across all geographies and modes of transportation. In addition, the ability to manage content, collaboration and compliance is also a critical part of optimizing increasingly complex international trade processes in this global economic environment. By leveraging a global trade automation platform, multi-national companies can create a more efficient and collaborative supply chain to not only increase the efficiency of cross-border business processes, but also to help ensure compliance with government regulations."

Supporting Resources

About Oracle Applications
Over 65,000 customers worldwide rely on Oracle's complete, open and integrated enterprise applications to achieve superior results. Oracle provides a secure path for customers to benefit from the latest technology advances that improve the customer software experience and drive better business performance. Oracle Applications Unlimited is Oracle's commitment to customer choice through continuous investment and innovation in current applications offerings. Oracle's next-generation Fusion Applications build upon that commitment, and are designed to work with and evolve your existing applications investments. Oracle's lifetime support policy helps ensure customers will continue to have a choice in upgrade paths, based on their enterprise needs. For more information on the latest Oracle Applications releases go to: www.oracle.com/applications.

About Oracle
Oracle engineers hardware and software to work together in the cloud and in your data center. For more information about Oracle (NASDAQ: ORCL), visit www.oracle.com.

Trademarks
Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Contact Info
Karen Hartquist
Oracle
+1.650.506.3552
Email Contact

Simon Jones
Blanc & Otus
+1.415.856.5155
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
DX World EXPO, LLC., a Lighthouse Point, Florida-based startup trade show producer and the creator of "DXWorldEXPO® - Digital Transformation Conference & Expo" has announced its executive management team. The team is headed by Levent Selamoglu, who has been named CEO. "Now is the time for a truly global DX event, to bring together the leading minds from the technology world in a conversation about Digital Transformation," he said in making the announcement.
SYS-CON Events announced today that Massive Networks will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Massive Networks mission is simple. To help your business operate seamlessly with fast, reliable, and secure internet and network solutions. Improve your customer's experience with outstanding connections to your cloud.
Internet of @ThingsExpo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 21st Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devic...
"The Striim platform is a full end-to-end streaming integration and analytics platform that is middleware that covers a lot of different use cases," explained Steve Wilkes, Founder and CTO at Striim, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
SYS-CON Events announced today that Calligo, an innovative cloud service provider offering mid-sized companies the highest levels of data privacy and security, has been named "Bronze Sponsor" of SYS-CON's 21st International Cloud Expo ®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Calligo offers unparalleled application performance guarantees, commercial flexibility and a personalised support service from its globally located cloud plat...
Everything run by electricity will eventually be connected to the Internet. Get ahead of the Internet of Things revolution and join Akvelon expert and IoT industry leader, Sergey Grebnov, in his session at @ThingsExpo, for an educational dive into the world of managing your home, workplace and all the devices they contain with the power of machine-based AI and intelligent Bot services for a completely streamlined experience.
SYS-CON Events announced today that DXWorldExpo has been named “Global Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Digital Transformation is the key issue driving the global enterprise IT business. Digital Transformation is most prominent among Global 2000 enterprises and government institutions.
SYS-CON Events announced today that Datera, that offers a radically new data management architecture, has been named "Exhibitor" of SYS-CON's 21st International Cloud Expo ®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Datera is transforming the traditional datacenter model through modern cloud simplicity. The technology industry is at another major inflection point. The rise of mobile, the Internet of Things, data storage and Big...
"DX encompasses the continuing technology revolution, and is addressing society's most important issues throughout the entire $78 trillion 21st-century global economy," said Roger Strukhoff, Conference Chair. "DX World Expo has organized these issues along 10 tracks with more than 150 of the world's top speakers coming to Istanbul to help change the world."
While the focus and objectives of IoT initiatives are many and diverse, they all share a few common attributes, and one of those is the network. Commonly, that network includes the Internet, over which there isn't any real control for performance and availability. Or is there? The current state of the art for Big Data analytics, as applied to network telemetry, offers new opportunities for improving and assuring operational integrity. In his session at @ThingsExpo, Jim Frey, Vice President of S...
"We provide IoT solutions. We provide the most compatible solutions for many applications. Our solutions are industry agnostic and also protocol agnostic," explained Richard Han, Head of Sales and Marketing and Engineering at Systena America, in this SYS-CON.tv interview at @ThingsExpo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We are focused on SAP running in the clouds, to make this super easy because we believe in the tremendous value of those powerful worlds - SAP and the cloud," explained Frank Stienhans, CTO of Ocean9, Inc., in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We've been engaging with a lot of customers including Panasonic, we've been involved with Cisco and now we're working with the U.S. government - the Department of Homeland Security," explained Peter Jung, Chief Product Officer at Pulzze Systems, in this SYS-CON.tv interview at @ThingsExpo, held June 6-8, 2017, at the Javits Center in New York City, NY.
The financial services market is one of the most data-driven industries in the world, yet it’s bogged down by legacy CPU technologies that simply can’t keep up with the task of querying and visualizing billions of records. In his session at 20th Cloud Expo, Karthik Lalithraj, a Principal Solutions Architect at Kinetica, discussed how the advent of advanced in-database analytics on the GPU makes it possible to run sophisticated data science workloads on the same database that is housing the rich...
"MobiDev is a Ukraine-based software development company. We do mobile development, and we're specialists in that. But we do full stack software development for entrepreneurs, for emerging companies, and for enterprise ventures," explained Alan Winters, U.S. Head of Business Development at MobiDev, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
SYS-CON Events announced today that DXWorldExpo has been named “Global Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Digital Transformation is the key issue driving the global enterprise IT business. Digital Transformation is most prominent among Global 2000 enterprises and government institutions.
In his opening keynote at 20th Cloud Expo, Michael Maximilien, Research Scientist, Architect, and Engineer at IBM, discussed the full potential of the cloud and social data requires artificial intelligence. By mixing Cloud Foundry and the rich set of Watson services, IBM's Bluemix is the best cloud operating system for enterprises today, providing rapid development and deployment of applications that can take advantage of the rich catalog of Watson services to help drive insights from the vast t...
SYS-CON Events announced today that EnterpriseTech has been named “Media Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. EnterpriseTech is a professional resource for news and intelligence covering the migration of high-end technologies into the enterprise and business-IT industry, with a special focus on high-tech solutions in new product development, workload management, increased effic...
SYS-CON Events announced today that Massive Networks, that helps your business operate seamlessly with fast, reliable, and secure internet and network solutions, has been named "Exhibitor" of SYS-CON's 21st International Cloud Expo ®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. As a premier telecommunications provider, Massive Networks is headquartered out of Louisville, Colorado. With years of experience under their belt, their team of...
SYS-CON Events announced today that Cloud Academy named "Bronze Sponsor" of 21st International Cloud Expo which will take place October 31 - November 2, 2017 at the Santa Clara Convention Center in Santa Clara, CA. Cloud Academy is the industry’s most innovative, vendor-neutral cloud technology training platform. Cloud Academy provides continuous learning solutions for individuals and enterprise teams for Amazon Web Services, Microsoft Azure, Google Cloud Platform, and the most popular cloud com...