Oracle was positioned highest for its Ability
to Execute
AUSTIN,
Texas, April 10, 2024 /PRNewswire/ -- Oracle
has been named a Leader for the 17th time in the 2024
Gartner® Magic Quadrant™ for Transportation
Management Systems. Oracle was positioned highest for its
Ability to Execute. A copy of the report is available here.
Logistics challenges are becoming increasingly rampant in
today's market. From increased transportation costs and disrupted
shipping routes to ever-changing global trade agreements and
volatile customer demand, organizations need to frequently and
quickly adapt their supply chain strategies to operate efficiently.
To successfully navigate these challenges while meeting customer
demand, controlling costs, and navigating regulatory compliance,
supply chain leaders need smart and agile logistics processes.
"The ongoing route disruptions and complex global trade
challenges are making it difficult to keep up with consumer demand
and putting a significant strain on manufacturers, shippers,
logistics service providers, and retailers," said Srini Rajagopal, vice president of logistics
product strategy, Oracle. "Oracle Transportation Management
provides a robust, feature-rich solution that enables organizations
to streamline shipping processes and optimize transportation
operations to mitigate the impact of disruptions. We believe our
positioning as a Leader in this report for the 17th time
is a testament to our long-standing commitment to help our
customers drive more efficient logistics operations."
Oracle Transportation Management, part of Oracle Fusion Cloud
Supply Chain and Manufacturing (SCM), provides a single platform
for companies to manage all transportation activity throughout
their supply chains. By combining ease of use with industry-leading
capabilities, Oracle Transportation Management enables
organizations to run logistics operations more efficiently, reduce
freight costs, and optimize service levels. With Oracle
Transportation Management, organizations can:
- Optimize logistics network: AI and machine
learning-enabled planning capabilities help organizations determine
the best way to fulfill transportation requirements ranging from
simple point-to-point to complex multimodal, multileg, and
cross-dock operations. In addition, operational planning
capabilities help organizations streamline bids and orders and
build effective shipping plans.
- Determine impact of change and disruption: Logistics
network modeling capabilities help organizations to stay ahead of
changes by performing detailed, what-if scenario modeling based on
operational details and analyzing dashboards and operations
metrics.
- Maximize productivity through automated processes:
Transportation management capabilities help organizations to
proactively manage the lifecycle of orders and shipments through
automated milestone monitoring, automated freight billing and
payments, and effectively measure performance and monitor
trends.
- Implement fleet-specific planning and optimization:
Fleet management capabilities help organizations leverage an
integrated fleet environment, including both contract and private
transportation, to monitor financial performance of logistics
operations.
- Enhance visibility of logistics operations: Digital
assistant capabilities help organizations receive, respond, and
resolve customer service issues faster. Additionally, machine
learning capabilities allow organizations to accurately predict
transit times, eliminate excess inventory, and efficiently allocate
resources.
Oracle Cloud SCM helps organizations seamlessly connect supply
chain processes and quickly respond to changing demand, supply, and
market conditions. With new features added every quarter, Oracle
Cloud SCM helps customers outpace change with a resilient supply
network.
For additional information on Oracle Cloud SCM applications,
visit oracle.com/scm.
Gartner Disclaimer
Gartner, Inc., Magic Quadrant for
Transportation Management Systems, Brock
Johns, Oscar Sanchez Duran,
Carly West, Manav Jain, March 27,
2024
GARTNER is a registered trademark and service mark, and MAGIC
QUADRANT is a registered trademark of Gartner, Inc. and/or its
affiliates in the U.S. and internationally and are used herein with
permission. All rights reserved.
Gartner does not endorse any vendor, product or service depicted
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of Gartner's research organization and should not be construed as
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implied, with respect to this research, including any warranties of
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About Oracle
Oracle offers integrated suites of
applications plus secure, autonomous infrastructure in the Oracle
Cloud. For more information about Oracle (NYSE: ORCL), please visit
us at www.oracle.com.
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SOURCE Oracle