Oracle Transportation Management The Powerful System to Manage Your Transportation Nowadays

Oracle Transportation Management Cloud

OTM (Oracle Transportation Management) is one of the Oracle's application that I expert on it, there are several functions of OTM, below is the explanation.

Modern Supply Chain Solutions for Logistics

Oracle Transportation Management delivers robust Shipment Management capabilities to shippers and third party logistics providers. It integrates and streamlines transportation planning, execution, freight payment, and business process automation on a single application across all modes of transportation, from full truckload to complex multi-leg air, ocean, and rail shipments.

Oracle Transportation Management lowers transportation costs, improves customer service and asset utilization, and provides flexible, global fulfillment options.

Management Business Benefits

Transportation Impacts Performance

Maximize Logistics Performance

Operational Planning

A state-of-the-art optimization engine that automatically finds the best solutions for your logistics needs, while adhering to your business requirements and trading partner capabilities.

·       Create a more efficient and higher velocity logistics network

·       Plan and execute domestic and international shipments—in one system

·       Lower rates and manage equipment more efficiently

·       Optimize the cubic capacity of containers, consolidate orders, and streamline location flow and calendars

Transportation Intelligence

A logistics dashboard for the entire enterprise, delivering granular visibility into transportation data and metrics.

·       Track items, orders, and shipments

·       Make changes that improve service and costs

·       Receive proactive alerts when milestones are approaching or missed

·       Monitor business metrics against targets, benchmarks, and forecasts

Fleet Management

Manage your fleet—without sacrificing carrier efficiency or fleet utilization.

·       Manage all aspects of your fleet: drivers, tractors, and trailers

·       Simultaneously consider fleet resource capabilities, while optimizing contracted carrier rates

·       Measure and control financial performance with costing, payables, billables, cost accruals, and dispute management

Freight Payment and Billing

Eliminate administrative activities so you can improve efficiencies and focus on the big picture.

·       Automate manual procedures associated with freight bill payment and audit

·       Cover all aspects of transportation rates, including surcharges and discounts

·       Track accessorials, match pay, auto-pay, track claims, and report on costs

·       Supports both freight payment (shipper) and billing (3PL/LSP) processes

Carrier Sourcing

Enhance the accuracy of bid packages and reduce the time and overhead it takes to run a procurement cycle.

·       Manage negotiations with carriers and logistics service providers on rates, accessorials, and equipment requirements

·       Assess the financial impact of proposed rate changes before they are committed

·       Reduce transportation costs by optimizing bid execution and negotiating service provider rates

Visibility

Gain visibility into items, orders, and shipments so you can deliver superior service and plan with confidence.

·       Proactively manage the lifecycle of orders and shipments through automated milestone monitoring

·       Access both on-hand and in-transit inventory levels across the extended supply chain

·       Track and trace each stage in the lifecycle of your global shipments