Enhanced compliance, tariff management features top updates to Oracle's cloud supply chain suite

Enhanced compliance, tariff management features top updates to Oracle’s cloud supply chain suite

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Oracle Corp. today added new logistics capabilities to its Oracle Fusion Cloud Supply Chain & Manufacturing suite aimed at reducing costs, improving accuracy, automating compliance and improving logistics flexibility.

The user interface has been substantially revised using Oracle’s JavaScript Extension Toolkit, which is based on JavaScript/TypeScript, CSS3 and HTML5 design and development principles. Jet is the principal set of tools Oracle developers use to build interfaces for its enterprise applications. It’s also provided to customers and partners to build applications and extensions that are compatible with Oracle cloud applications, said Derek Gittoes, vice president of supply chain management product strategy at Oracle.

One advantage of using Jet is that functions are implemented in the browser so that mobile apps don’t have to go through certification on Apple Inc.’s or Google LLC’s app stores.

A new automated trade agreement qualification feature validates certificates of origin to reduce tariffs and make it easier for customer companies to enter new markets, Oracle said. “We do an analysis of the bill of materials to determine where we need to get certificates of origin from suppliers to validate where the components are made,” Gittoes said. “We then run a solicitation process to reach out to those suppliers requesting documentation and store it in our system. That can be used as the basis for providing justification for why the product meets certain requirements.”

Compliance enhancements

The software can analyze complex BOMs for products with multiple subassemblies to determine if the products qualify for trade agreements. It also enables customers to comply with labor regulations and prove where goods were produced via auditable records. “That is more important in light of the Uyghur Forced Labor Prevention Act where companies need to understand the full supply chain that went into making their product to ensure that no suppliers are on a blacklist or that questionable processes were used,” Gittoes said.

New logistics digital assistant capabilities enable users to check the status of their shipments with voice commands. Enhanced workbenches provide the capability to combine data from multiple sources into a single view and include new templates for driver management, dock scheduling, work assignments, shipment, spot bids and restricted party screening.

Sources “may be transportation or global trade-related data about invoices, shipments, delivery orders and the like,” Gittoes said. “If you want to view the products you’re classifying along with the certificates of origin we can now do that in one pane.”

A new Oracle Transportation Management mobile app enables dispatchers to send assignments to drivers, capture arrival and departure events and communicate in-transit status and location information. It also synchronizes offline and online data.

Custom ETA

Machine-learning-powered estimated time of arrival predictions issue real-time updates and track shipment status for more accurate arrival time predictions based on the customer’s business operations. That enables logistics managers to reroute shipments more quickly.

“Machine learning can monitor shipments as they execute and use those events to develop a model that provides updated ETA information with training done by the customer based on their shipment data,” Gittoes said. “We have built all of the data pipelines so the information inside our transportation management database, for example, has all shipment histories. We can extract all that information to run the different models we have and determine which provides the best fit.”

The new features are wrapped into Oracle SCM cloud service at no additional cost.

Photo: Pixabay

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