Oracle has introduced a series of logistics management updates to Oracle Supply Chain Management (SCM) Cloud. The updates include a new logistics network modeling product and enhanced transportation management and global trade management capabilities. The latest innovations can help users drive better business outcomes by enhancing supply chain responsiveness, optimizing shipments and asset utilization, and improving productivity across global supply chains.
To help organizations analyze and respond to logistics network changes, Oracle has added a new Logistics Network Modeling product to Oracle Logistics Cloud. The new product enables users to analyze logistics networks using real-time, operational data—all within the context of their own cloud environment. Logistics Network Modeling analyzes real production data in the context of a user’s unique rules, policies, and planning algorithms to show the true impact of change on logistics operations.
To help users lower supply chain costs, reduce supply chain risk, and adapt to evolving trade regulations, Oracle has updated Oracle Transportation Management Cloud and Oracle Global Trade Management Cloud. The latest updates enable users to better support trade compliance and customs processes, such as country of origin management, or certificate management associated with trade agreements. The net result is more effective use of preferential trade agreements, which can lead to lower supply chain costs and reduced risk.