Oracle announced the availability of Oracle ® Transportation Management 6.0, a global transportation management system that helps streamline transportation planning, execution, financial settlement, visibility and business process automation across all modes of transportation.
With this latest release, Oracle delivers Oracle Fleet Management, the industry’s first combined shipment and asset-centric transportation solution that enables companies to manage private fleet and common carrier networks on a single platform for increased asset utilization, lower transportation costs and reduced environmental impact.
“Effective transportation management increasingly demands that companies be able to control, and manage, both their own fleets as well as for-hire carriers,” said Dwight Klappich, Gartner Research Vice President. “We find that the current difficult economic climate is placing extra emphasis on the need for transportation and fleet management tools to help control costs while managing assets and resources.”
“Traditional, stand-alone fleet management solutions do not offer shipping and logistics managers with holistic insight to effectively manage their fleet,” said Derek Gittoes, Oracle Vice President, Logistics Product Strategy. “The result is missed opportunities for operational savings and a higher cost of ownership. Providing this capability in a single system changes the game for being a best-in-class transportation management system.”
Oracle Transportation Management 6.0 provides extended transportation sourcing and business intelligence capabilities within the same, single platform. The solution also features expanded functionality for planning, execution and financial settlement.
With Oracle Transportation Management 6.0, organizations can better manage their orders, shipments and fleet resources, thereby reducing costs, streamlining processes, improving customer service and supporting sustainability objectives.
Oracle Transportation Management 6.0 supports broader fleet processes beyond transportation planning and execution, including order management, asset management, driver/contractor management and financial settlement.
Oracle Transportation Management 6.0 enables companies to reduce overall fuel costs and associated emissions, improve asset utilization, tracking and lifecycle management; enhance service through fleet-specific order management capabilities; boost driver satisfaction and retention through increased utilization while accounting for driver-specific dispatch requirements, gain greater insight into fleet operations through driver dispatch, mobile communications and asset tracking; measure and control financial performance by leveraging new capabilities for costing, payables, billables, cost accruals, revenue recognition and claim and dispute management; and ensure overall safety and visibility within the transportation value chain.
- Oracle Transportation Management
- Gartner Magic Quadrant: Oracle a Leader in Transportation Management Systems
- Forrester Wave: Transportation Management Solutions