Oracle Transportation Management (OTM)

Oracle Transportation Management (OTM) offers the companies the platform for management of all transport activity in supply chains. OTM is the niche solution which is a part of Oracle Logistics.

The solution Oracle Transportation Management is intended for support of both transport companies, and logistics providers and allows to manage all aspects of transportations in a global supply chain. The product helps to reduce freight costs, to optimize the service levels and to automate processes so that the companies could execute logistic transactions more effectively.

Oracle Transportation Management provides the tool for planning and execution of transportation taking into account production capabilities of consignors and the third transport companies. This integrated solution allows to integrate and simplify transportation planning process, execution, settlings with suppliers and buyers and also to automate business processes within the uniform application, taking into account all types of transport of both automobile, and difficult multimodal transportation.

Oracle Transportation Management can be used together with ERP or legacy system of Order Management and also with any the solution, best in the class, or legacy system of Warehouse Management System (WMS). The Oracle Transportation Management system is a part of Oracle E-Business Suite, is integrated with the Oracle Order Management and Oracle Warehouse Management systems.

2013: Oracle Transportation Management 6.2

In Oracle Transportation Management 6.2 functionality in the following directions is expanded:

• Control of vehicles for optimization of assets and transactions of cargo transportation and also for automation of dispatching transactions, geographical visualization and mobile communication.
• Search and acquisition of transport services for the purpose of support of purchasing transactions and optimization of transport services for small sendings (LTL).
• Planning of transport transportations for optimal consolidation of orders and also three-dimensional representation of loading of vehicles (including with several departments and a nonplanar roof).
• The business analysis for transactions of transport transportations, including the built-in support of Oracle Data Integrator and additional simplification for clients of expansion and configuring of an analytical data model.
• Management of acceptance and delivery of small loads (parcels post) for support of transactions of systematization and sorting at the level of a cardboard container, tracking of delivery and control of payment by the receiver.
• Rail transportation regarding value assessment of transport services and accomplishment of orders on cargo transportation and also for tracking of a status of the rolling stock.

2014: Oracle Transportation Management 6.3

The Oracle corporation announced the beginning of sales of new versions of business applications of Oracle Transportation Management and Oracle Global Trade Management. An extensive set of the functional expansions and products demanded by the market which provide additional support of processes of management of global transport transportations and control of observance of rules of international trade is presented in Oracle Transportation Management 6.3 and Oracle Global Trade Management 6.3, reported CNews in corporation.

In particular, new versions include enhanced capabilities of management of the transport park, purchases of transport services; functions of the business analysis in the field of transport cargo transportation; transport planning; managements of rail transportation; process automation and event management; management and control of payment of a freight, drawing of accounts for services and permissions of claims; managements of transport and customs papers.

"Consignors and logistics providers look for new ways of optimization and improvement of processes of management of transport transportations and trade operations to support growth of business and to expand presence in the market — Derek Gittoes, the vice president of Oracle for product development strategy for logistics management noted. — In new versions of Oracle Transportation Management and Oracle Global Trade Management we integrated new opportunities, such as customized mobile applications, with expansions and improvements of the most full-function platform of management of transport transportations in the industry and global trade operations. As a result, we have the best today, than ever, opportunities for the help to clients in process optimization, expense reduction and risks".

This version of Oracle Transportation Management, using two customized mobile applications, also supports key business processes, such as vendor interaction of services in the organization of transportations, tracking of accomplishment of orders / transportations, event management, data access business analizapo to cargo transportation on mobile devices.

In the whole Oracle Transportation Management and Oracle Global Trade Management of version 6.3 provide comprehensive functionality for management of global transport transportations and the international trade operations on the single unified platform. Solutions help to support growth of business and to expand presence in the market by expense reduction on transport transportations, increases in operational efficiency, improvement of customer service, reduction of terms of accomplishment of the orders in a supply chain and risk reduction connected with functioning of a supply chain and observance of rules of trade.

So, in Oracle Transportation Management 6.3 functionality in the following directions is expanded: fleet management for increase in efficiency of use of transport assets and expense reduction on transport transportations using the innovation abilities to manage and visualization; purchase of transport services for expense reduction on transport transportations by optimization of packages of proposals and simplification of use; expense reduction on rail transportation using the comprehensive analysis, assessment and calculation.

Transportation Management of version 6.3 provides the business analysis for transactions of transport transportations, including new content and a set of key indicators for support of processes of management of the transport park and assets that allows to improve the user opportunities and also to expand and diversify data on the basis of which the system of key performance indicators (KPI) is under construction and information output in dashboards is generated.

The solution also gives an opportunity of planning of transportations for further decrease in transportation costs due to complex optimization of "cross docking" (logistic transactions thanks to which acceptance and shipment of goods in a warehouse is performed directly without placement it in the storage area) and also due to improvement of work of consolidation centers of loads and other objects of a logistics chain. Besides, the new optimization logic allows clients to increase efficiency of process of packaging of goods for minimization of the total costs of transport transportations.

At last, mobile opportunities of Transportation Management 6.3 for increase in efficiency and improvement of decision making allow clients to exercise maintenance and control of functioning of key business processes and also to carry out the general tasks of management of transport transportations (such as preparation of participation in tenders for providing transport services and tracking of shipment of goods) on mobile devices using the configured mobile web application.

2015: Oracle Transportation Management 6.4

On September 23, 2015 the Oracle corporation announced the version of the business application of Oracle Transportation Management. It will help clients to optimize logistic transactions.

Oracle OTM/GTM 6.4 Product Strategy Update by Derek Gittoes (Oracle), 2015

The upgraded possibilities of Oracle Transportation Management 6.4:

• the user interface provides to specialists in planning of transport transportations and representatives of departments of service more complete information about scheduled supplies and transportations in way.
• the functionality of maintaining rates simplifies collecting, formatting, loading and modification of rates in Oracle Transportation Management, helping to improve processes of regulation of rates and to increase productivity of users.
• the improved fleet management, the configured working environment for accomplishment of commands on control of transport, the integrated services of use of maps, data on traffic and weather conditions in real time, give the improved algorithmic opportunities expanded options on planning and utilization of resources of own park of vehicles in combination with transport resources of third-party carriers, helping to use more effectively transport assets, to cut down expenses on transportations and to increase productivity of personnel.
• RESTful web services help clients to expand functionality of Oracle Transportation Management (in particular, to provide data integration about transport transportations with mobile applications).