Oracle launches programmes to enable global trade
Oracle has launched Oracle Transportation Management Cloud and Oracle Global Trade Management Cloud that it says will reduce costs, streamline compliance with global trade regulations, and accelerate customer fulfilment.
The latest releases of Oracle Transportation Management Cloud and Oracle Global Trade Management Cloud provide real-time, data-driven insights into shipment routes and automated event handling.
They also offer expanded regulatory support for fast, accurate screening and customs declarations. For example, Nahdi Medical Company has been able to improve truck utilisation by 5-10% since implementing the latest release of Oracle Transportation Management.
"We now have greater visibility into shipment demands and delivery status, which means we have the flexibility to quickly re-do plans as new requirements arise," said Sayed Al-Sayed, supply chain applications manager, Nahdi Medical Company.
Read the latest issue of Supply Chain Digital here
"The accuracy of Oracle Transportation Management Cloud's recommended plans and route optimizations has enabled us to increase truck utilization rates, which has allowed us to cut time on shipments, while also saving money."
Enhancements to Oracle Transportation Management Cloud and Oracle Global Trade Management Cloud include: enhanced routing, expanded regulatory support, advanced planning, driver-oriented features, IoT fleet Monitoring integration, UX and collaboration and graphical diagnostics tool.
"The global trade and logistics landscape is dramatically changing and organizations need to be able to accommodate a complex web of regulations and customer expectations for each shipment in order to be competitive," said Derek Gittoes, vice president, SCM Product Strategy, Oracle.
"The combination of Oracle Transportation Management Cloud and Oracle Global Trade Management Cloud gives our customers an innovative platform to reduce complexity and effectively improve the efficiency of their global trade compliance and transport operations."
New speakers announced for Procurement & Supply Chain Live
Two leading executives in supply chain transformation have been confirmed for this year's Procurement & Supply Chain Live event.
Procurement & Supply Chain Live is the perfect opportunity to hear from prominent executives at the world’s leading procurement and supply chain businesses. The event will be streamed live from Tobacco Dock, London via the leading networking platform Brella.
The three-day show, running 28-30 September 2021, is an essential deep dive into the industry, with influential speakers sharing insights and strategies from their organisations, group roundtable discussions, and fireside chats.
We take a look at the latest additions to the already amazing lineup of speakers announced so far, and what they will bring to the flagship event.
VP Global Supply Chain at Macmillan Education Ltd
Shaun Plunkett has over 30 years of supply chain leadership experience in FMCG, entertainment and media sectors, supporting multi-billion euro businesses including Universal Music, EMI, Sony Music, Harper Collins and Associated British Foods. He has a track record of successfully delivering transformational change coupled with award winning operating models and developing and coaching global teams. Plunkett says that challenging the status quo is at the heart of what drives him on a daily basis - and encouraging others to continuously push the boundaries.
Read more about Plunkett’s involvement in Macmillan Education’s supply chain transformation HERE
Digital Transformation Lead, Oracle UK and Board Member, CILT at Macmillan Education Ltd
Vikram Singla is digital transformation director at Oracle, UK. He helps supply chain and finance business leaders leverage technology to deliver meaningful business outcomes for their organisations. He also serves on the board if CILT (Chartered Institute of Logistics and Transport) – UK and is an Honorary Visiting Fellow at Anglian Ruskin University. Singla has more than 25 years’ experience in the technology sector, and in global supply chain transformation, including deploying business transformation programmes for Fortune 500 firms. In his spare time, Singla is a passionate brand ambassador for Cancer Research.
Plunkett and Singla join a growing line-up of speakers, including: Sheri R. Hinish, IBM; Robert Copeland, G4S; Daniel Weise, BCG; Mark Bromley, Mastercard; David Loseby, Rolls Royce; and Ninian Wilson, Vodafone Procurement Company.