New look of Oracle Transportation Management (OTM)
This latest release of OTM i.e. OTM 6.1 offers expanded capabilities in five primary areas:
Extensions to sourcing, planning, execution, financial settlement and visibility across all modes of transportation.
Extension of the multi-modal capabilities supported for transportation sourcing by addressing complex-ocean bids as well as accessorials for both truck and ocean.
Expansion of Oracle Fleet Management with new capabilities that help reduce transportation costs and improve equipment utilization by enhancing the planning and optimization engine for solving complex fleet planning scenarios.
The introduction of new business intelligence capabilities and additional dashboard reports to drive process efficiency and help measure and monitor 'green' metrics such as CO2 (Carbon Dioxide) Emissions, NOX (Oxides of Nitrogen) Emissions and Total Fuel Consumption.
"Oracle Global Trade Management”, a new product offering of Oracle delivered within the OTM platform. This new product is designed to support the import-export compliance needs of companies engaged in global trade.
This combination makes OTM the only solution that enables companies to manage their comprehensive trade compliance and transportation requirements, including fleet, on a global basis within one central platform.
By further automating logistics processes and supporting sustainability initiatives, OTM 6.1 helps shippers and logistic service providers lower transportation costs improve efficiencies and reduce their environmental impact.
Advanced Fleet Management and Support for Sustainability Objectives
As part of the enhancements to Oracle Fleet Management, OTM 6.1 delivers a new mobile communication platform that improves shipment visibility by allowing fleet dispatchers to capture data-rich information about shipments and communicate with drivers in real-time. The mobile communication platform also enables fleet dispatchers to drive process efficiencies by automating shipment monitoring to determine whether an event requires additional action or support.
Reinforcing Oracle's commitment to the "U.S. Environmental Protection Agency (EPA) SmartWay Transport Partnership, the new release includes a 'Green Dashboard' that incorporates SmartWay emission factors for measuring and monitoring 'green' metrics that are intended to offer a baseline for 'green' calculations. The SmartWay Transport Partnership helps freight sector companies reduce greenhouse gas emissions and improve energy efficiency through strategies, financing and advanced technologies.
All these features are so unique in TMS world and had given a fresh and new look to OTM.
Acknowledgments for inputs from - Lakshmana Murthy Kodukula, OTM Consultant, Oracle Practice


