Meta Intelligence In Transportation Systems: Oracle's Transportation Management System

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Introduction Transportation Management Systems, also know as TMS, is a software application designed to manage and optimize inbound and/or outbound transportation operations (Transportation Management Systems). A TMS tends to sit in the middle of an ERP and a WMS module. Implementing TMS could provide your organization with potential benefits such as warehouse efficiency, inventory reductions, cash flow improvements, and new delivery capabilities. In regards to the future, TMS is on the verge of evolution, with improvements in the forthcoming to look forward to such as cloud-based TMS, full integration with pioneering technology, and the use of ‘meta intelligence’ to leverage TMS (The Future of Transport Management Systems). Within my essay, …show more content…

Through their SCM Solutions, Oracle can manage one’s transportation and global trade operations, while streamlining everyday warehousing needs (Oracle SCM Solutions-Transportation Management). Throughout Oracle’s Transportation Management, they have the capability to manage all transportation activity throughout their supply chain, which enables them to optimize service levels and automate the numerous processes to have operations running more efficiently. As stated above, TMS can offer various functions to support a business such as Business Intelligence, Item Visibility, and Carrier Contract Management. Oracle’s Transportation management service provider correspondingly supplies similar services to improve procedures such as Transportation Intelligence, Visibility, & Carrier Sourcing (Oracle SCM Solutions-Transportation Management). The Transportation Intelligence function attempts to track items/orders/shipments, make appropriate changes to improve cost & services, and monitor metrics against benchmarks and forecasts (Oracle SCM Solutions-Transportation Management). One essential feature of TMS was the ability to track one’s orders from pick-up to delivery. Oracle focuses its practices on Visibility, to ensure that they provide superior service. Within their Visibility realm, Oracle manages the lifecycle of orders through automatic milestone monitoring, both on-hand and in-transit inventory across the extended supply chain, and tracks/traces each stage in the lifecycle of their global shipments (Oracle SCM Solutions-Transportation Management). Furthermore within their Carrier Sourcing, Oracle is able to negotiate with their service providers on rates, comprehend the financial impact before they commit to rate changes, and optimize bid execution with negotiating rates (Oracle SCM Solutions-Transportation Management). Oracle provides tremendously

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