"In an increasingly digitized world, consumer expectation is shifting from shopping for an item in-store to a seamless delivery of goods to one’s door step. Similarly, expectations for grocers are rising at an alarming rate. Consumers are demanding the freshest produce, the widest selection of goods, and all of this must be offered at the cheapest price. As consumer expectation continues to rise, the margin of error in grocery supply chains inevitably decreases. Many companies are responding to this pressure by digitizing and creating robust processes to ensure products are delivered on time and in full (OTIF).
Oracle Transportation Management establishes a variety of transportation solutions that play an integral role for the shipper to plan, execute, and settle inbound freight shipped from suppliers to DC's/Hub's as well as outbound freight to stores and end customers. The application’s expansive suite of capabilities can be grouped into three main value-drivers – Planning and Optimization, Execution, and Freight Settlement.
Planning & Optimization: OTM can plan inbound supplier orders that will be received into distribution centers and Hubs, by implementing strategies like vendor pooling and truck load optimization. The application supports an exhaustive portfolio of logistics modeling strategies that can be fine-tuned through incremental changes to the optimization engine and then applied for running the Bulk Plan. This model can also help in strategizing the network to support nearly limitless freight flow options. OTM has the capability of supporting multiple strategies – for example, product-specific strategies to manage high-variability and high-obsolescence items, such as produce, can be implemented for a grocery store to perform multi stop deliveries to zip clusters that are near to a specific grocery store.
Execution: OTM is on the cutting edge with regard to the latest technological inventions such as IoT, AI and Machine Learning. These capabilities