Imagine having to add a new customer or supplier to your existing logistics network, how would you measure the impact of this new arrangement? What happens if you lose a key supplier, or have to change routes because of an unplanned disruption? What if you need to change volumes, capacity or rates, what impact will these have on your transportation operations?
Wouldn’t it be great if you had a better idea on the potential costs and savings you may achieve based on different scenarios? When it comes to logistics, accurate planning is crucial, and current applications are inadequate as most utilize simplified models and aggregate cost estimates. As a result, optimization and planning algorithms can be different from your actual transportation operations, and result in policies that cannot be implemented because they cannot be effectively applied to actual real-world conditions.
Perform strategic and accurate analysis with real data
Oracle Logistics Network Modeling Cloud allows you to perform strategic and tactical analyses of your transportation network using real-world operational data. You can define the different scenarios you wish to analyze in the context of your actual operational environment. Multiple analyses can be performed simultaneously and can include multiple scenarios to capture specific variations of data, rules and policy changes that you want to compare. It is now available within the Oracle Transportation Management Cloud environment.
“Disruptions due to customer demand volatility, new product introductions, government regulation changes, and a host of other factors, leave supply chain professionals struggling to adapt. To eliminate this guessing game of how best to respond, we are giving our customers the insights they need to improve decision making and increase efficiency of logistics operations.” shares Derek Gittoes, vice president of supply chain management product strategy at Oracle.
Take a quick tour of Logistics Network Modeling Cloud.
Reduce the guessing game in your logistics network
With Oracle Logistics Network Modeling Cloud, you can perform detailed what-if scenario modeling based on the operational details of your existing transportation network using the same rules, policies, and planning algorithms that you employ in your transportation operations. This generates highly accurate results showing the actual impact of the proposed changes to your operations. Since everything is in the context of your actual operational network, identified changes and responses can be easily deployed as needed. For example, you can examine the impact of changes to network’s design with a side-by-side scenario comparison, or determine the impact of routing via a cross-dock versus direct.
Key capabilities of Oracle Logistics Network Modeling Cloud include:
- Resolve issues and questions from shipment planning processes with a real-time visual tool that provides “what-if” scenarios.
- Support both strategic and tactical scenarios, and model quick-running what-if scenarios within your operational environments to optimize operations.
- Specify key criteria such as order sets, time duration, etc., to better reflect real-world operational conditions.
- Use actual operational data and overlay changes to analyze scenarios as accurately as possible.
- Replicate operational planning processes, including the ability to run multiple linked daily or weekly plans in sequence or in parallel.
- Use advanced visualizations capabilities in Oracle Transportation Management Cloud to view and analyze the shipment plan details, including stop-level details. Compare scenario results side-by-side.
- Use packaged and custom key performance metrics and dashboards that support slice-and-dice, drill-down and ad-hoc query mechanisms to compare multiple scenarios side-by-side.
More effective shipment planning and visibility
Since Oracle Logistics Network Modeling Cloud is available within your Oracle Transportation Management Cloud environment. There is no additional setup needed and you can immediately use its capabilities. It uses the same entities and concepts, and is easy to use. This new product is now available for new customers, and comes as part of the Oracle Transportation Management Cloud release 19B.
Learn more about what’s new in this OTM-GTM release here.