Oracle and UPS to Develop Industry First Supply Chain Management Solution
(September 13, 1999)
Contact(s): Angela McMahon UPS 404/828-6840 amcmahon@ups.com Stacey Torman Oracle Corp. 650/506-8346 storman@us.oracle.com
Companies to Deliver Truly Integrated Shipping Functionality in an ERP Solution - Eliminating Need for Additional Systems Integration
REDWOOD SHORES, CA and ATLANTA, GA - Sept. 13, 1999 - In an industry first, Oracle Corp., the leading provider of e-business solutions and UPS, the world's largest package distribution company, today announced an agreement to create an integrated shipping management system that leverages the power of the Internet to provide companies with instant visibility into their order fulfillment processes.
Under the terms of the agreement, the companies will bring together two industry-leading products: UPS Online Tools, seven advanced transportation and logistics applications that provide businesses with the most extensive web-based transportation technology solutions to date, and Oracle's industry-leading, e-business-ready Oracle Applications suite. The result will be a truly integrated ERP and shipping solution - not a bolt on product that requires costly and time-consuming systems integration.
UPS and Oracle have firmly established leadership in e-commerce transportation and e-business respectively. Media Matrix cited UPS as the shipper of choice for six of the Top 10 e-commerce web sites, and Zona Research reported that UPS delivered 55 percent of all 1998 online holiday purchases. Oracle is the information management company of choice to 90 percent of the Fortune 500, and nearly 70 percent of the top e-commerce sites use Oracle technology.
"Oracle and UPS are the ERP and online transportation companies of choice for e-businesses today," said Renee Knee, Vice President, Worldwide Alliances, Oracle Corporation. "Together we plan to develop solutions that will take e-businesses to the next level of ERP and shipping functionality that will streamline their operations and help improve their efficiency by giving them the tools they need to share order fulfillment information throughout their business processes."
"In today's world of e-business, the information surrounding a package has become just as important as the package itself," said UPS Vice President of E-Commerce Marketing, Ross McCullough. "UPS and Oracle are working together to make it easy and inexpensive for companies to integrate that information into everything in the fulfillment cycle at the front-end - from just-in-time inventory to address validation to accounts receivable."
A leader in logistics and supply chain management, UPS ships more than 12 million packages a day, or 6 percent of the gross domestic product on an annual basis. UPS is using that experience to help companies streamline operations and boost their bottom lines.
Introduced earlier this year, UPS Online Tools enable e-commerce vendors to link their intranets and Internet Web sites with UPS to empower their customers to quickly calculate costs, evaluate time-in-transit, select and compare shipping services and track packages from the point of order entry to delivery. Online Tools also enable businesses to leverage transportation information throughout their business processes, from order entry to accounts receivable to inventory control. UPS Online Tools include application programming interfaces for reference number tracking, published rate & service selection, shipping & handling, address validation, time-in-transit, service mapping and electronic manifesting.
Oracle Applications harness the Internet to deliver e-business advantages today, at a fraction of the cost of older client/server systems. Oracle Applications are an integrated suite of more than 60 software modules for managing customer relationships, manufacturing, supply chains, financial activities, projects, and human resources. Only Oracle offers its more than 8,000 customers in 99 countries the ability to quickly and efficiently transform their companies into e-businesses. Oracle Applications support and enable e-business operations in multiple languages and currencies, maintain local business practices and legal requirements, and help customers manage business-critical operations across borders via the most cost-effective and scalable method possible - the Internet.
About UPS
United Parcel Service, the world's largest express carrier and package delivery company, is a leading commerce facilitator, offering an unmatched array of traditional and electronic commerce services. By offering fully integrated, web-enabled business-to-business solutions and working with other e-commerce leaders, UPS is changing the way people do business. Paving the way for future web-based commerce, UPS pioneered technologies that allow for secure, encrypted and trackable digital file deliveries. The company has won numerous awards for its web site and information technology infrastructure, including two Computerworld Smithsonian Awards. The Atlanta-based company operates in more than 200 countries and employs more than 330,000 people worldwide. UPS reported 1998 annual revenues of $24.8 billion. You can visit the UPS web site at www.ups.com.
About Oracle
Oracle Corporation is the world's leading supplier of software for information management, and the world's second largest software company. With annual revenues of more than $8.8 billion, the company offers its database, application server, tools and application products, along with related consulting, education and support services, in more than 145 countries around the world.
For more information about Oracle, please call 650/506-7000. Oracle's World Wide Web address is (URL) oracle.com.
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