Oracle bullish on trade

By Patrick Burnson, Executive Editor
January 13, 2011 - SCMR Editorial

“Managing the different regulatory requirements of importing and exporting countries is an extremely expensive and time consuming process that can ultimately impact the efficiency of the overall supply chain,” said William McNeill, Senior Research Analyst, Gartner.

But he feels that Oracle’s recently launched Transportation Management and Global Trade Management platforms can streamline the process.

According to McNeill, shippers and logistics service providers need to be able to automate compliance processes and easily integrate them with both their supply chain and broader enterprise application suites.

Oracle agrees.

“To align business processes, optimize execution and expand global reach, shippers and logistics services providers need to be able to effectively manage global transportation and trade compliance processes,” said Derek Gittoes, Oracle Vice President, Logistics Product Strategy.

“With the new releases of Oracle Transportation Management and Oracle Global Trade Management, we are able to optimize those processes by offering an unmatched breadth and depth of transportation and global trade management functionality on a single system.”

The real question that remains to be answered, however, is whether companies are willing to spend money on new “solutions” when still reeling from the recent recession. Most of the industry events we attended last year suggest that the ROI expectations will remain high in the shipping community.

But with the new emphasis on exporting, perhaps U.S. manufacturers will be willing to embrace more risk. If that happens, can new hiring be too far off?



About the Author

image
Patrick Burnson
Executive Editor
Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at .(JavaScript must be enabled to view this email address).

Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

Last year at this time, retailers were relieved to learn that a tentative agreement on a new labor contract had been reached by dockside labor and management on the U.S. East and Gulf coasts. But not without considerable blood on the floor.

The National Retail Federation is encouraging maritime management and the union representing dockworkers along the U.S. West Coast ports to expedite pending contract negotiations and reach agreement on a new deal well in advance of the expiration of the current contract this summer.

SAP AG announced the availability of a new application to help centralize processing trade activities, SAP Global Trade Services, processing trade in China. 



Did you know that Supplier Portals can help companies reduce risk, improve compliance and enhance product availability? Download Amber Road's latest research report featuring research from Gartner.

Problem: In the margin-challenged consumer goods industry, your supply chain is under constant pressure to cut costs and maintain customer service and visibility. Solution: By breaking through silos and viewing the supply chain holistically, companies like yours are reducing supply chain costs by an average of 10% to 20%.

Article Topics

Blogs · Global · Supply Chain · Management · All topics

About the Author

Patrick Burnson, Executive Editor
Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review. Patrick covers international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. Contact Patrick Burnson

Comments

Post a comment
Commenting is not available in this channel entry.