MUMBAI – Oracle has announced new logistics capabilities within its Oracle Fusion Cloud Supply Chain & Manufacturing (SCM) to help organizations enhance the efficiency of global supply chains. The updates to Oracle Transportation Management and Oracle Global Trade Management, integral parts of Oracle Cloud SCM, aim to optimize logistics operations by increasing visibility, reducing costs, automating regulatory compliance, and improving decision-making.
The enhancements come as companies worldwide grapple with a range of supply chain challenges, from component shortages and disrupted shipping routes to fluctuating global trade agreements and volatile customer demands. Oracle’s latest features are designed to enable logistics professionals to manage transportation, global trade, and distribution processes more effectively, thereby improving operational speed and accuracy, optimizing service levels, and mitigating the impact of supply chain disruptions.
Key upgrades include expanded Business Intelligence capabilities, which allow customers to merge transportation and trade data with other operational data in Oracle Fusion Data Intelligence, providing a comprehensive, real-time view of the business. Enhanced Logistics Network (LON:) Modeling helps logistics managers to simulate various scenarios and scheduling options for drivers, improving fleet performance. A new Trade Incentive Program automates support for country-specific trade programs, reducing manual processes and duty and tax costs.
Additionally, the updated Oracle Transportation Management Mobile App now supports third-party transportation service providers and fleet-managed drivers, offering functionalities such as bidding on spot market shipments and capturing shipment details. Improved Workbenches provide logistics managers with a configurable single view of operations, increasing productivity and facilitating better business decisions.
Organizations such as KPMG and Apollo Tyres have already experienced the benefits of Oracle’s SCM solutions. KPMG has improved visibility and management of global trade agreements, while Apollo Tyres has seen increased productivity and reduced freight processing times.
This announcement is based on a press release statement from Oracle.
InvestingPro Insights
In light of Oracle’s announcement on enhancing its SCM capabilities, it’s pertinent to consider the company’s financial health and market position. Oracle Corporation (NYSE:) has shown a commitment to returning value to shareholders, as evidenced by a decade-long streak of raising its dividends, a testament to its financial stability and consistent performance. This aligns with the company’s strategy to invest in product development, which may drive future growth.
InvestingPro data shows that Oracle has a robust market capitalization of $318.44 billion, reflecting its significant presence in the industry. Despite a high P/E ratio of 31.12, indicating a premium valuation relative to near-term earnings growth, the company’s revenue growth over the last twelve months as of Q2 2024 stands at a solid 12.06%. This growth is crucial for the company as it continues to expand its cloud-based solutions and enhance its SCM offerings.
Moreover, as a prominent player in the software industry, Oracle’s strategic enhancements to its SCM suite may further cement its position in the market. However, with a Price / Book ratio of 82.39, investors are valuing the company highly in relation to its net assets, which could be reflective of Oracle’s strong brand and market share within the software sector.
For those interested in a deeper analysis, there are additional InvestingPro Tips available on the platform, which further explore Oracle’s financial metrics and market performance. With the use of coupon code PRONEWS24, readers can gain an additional 10% off a yearly or biyearly Pro and Pro+ subscription to access these insights, which currently include 11 tips for Oracle.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
