Introduction
Logistics Network Modeling is an essential feature of Oracle Transportation Management. It allows for the simulation of multiple scenarios and the analysis of the best fit solution without having to modify the data, ensuring accurate results. OTM allows you to use your own data to analysis without migrating into any other test environments.
Technology used:
- Oracle Transportation Management
Use case:
- Consider a manufacturing industry that wants to determine the cost of transporting goods from one lane to another using different transport providers.
- Also, a 3PL (third-party logistics) company wants to identify all available movements for a specific source and location. They aim to plan each movement to find the most cost-effective itinerary.
- A courier Business wants to know what all the transport mode’s are available for the particular lane and what will be the difference between each mode and finding out the cost effective one.
Cause of the issue:
In the Historical way whenever the Requirements are like this OTM Consultants will start doing the following process
- Migrating the most recent data from Production to test environment
- Creating multiple master data to work on each scenario
- Under each case there may be situation to create multiple scenario’s where lot of manual efforts needed
- All the results are gathered and analyses manual
Dis advantage of using Historical method:
- Time consumption
- Data duplication
- Lot’s of manual intervention
- Analysis error
- Huge process
Solution:
Using OTM’S LNM Model is the right solution to overcome the issues
Process of Logistics Network Modeling:
- Creating a separate project for each case
- Creating multiple scenario’s using the data already available in the production
- There are n number of option to configure any kind of Scenario’s
- Run all the Scenario at a time and view the results altogether in more analytical way
- Export the results to oracle analytics to get more insights
- And implement the best scenario that you want to choose
Example:
Consider a manufacturing industry that wants to determine the cost of transporting goods from one lane to another using different transport providers
- Create a LNM project with base object
- Create a each scenario for each service provider
- Run the Scenario
- Gather the results
- And view the results to find out the best fit service provider
Conclusion
The big advantage of using the LNM model in OTM is we need not migrate the data to test or development environment. From the production environment itself we can run the simulation without affecting the tables. The results will be stored only on the temporary tables of LNM.
