News >> Technology >>
Oracle foray into supply chain management
By agencies
|
Wednesday, 14 December 2005, 20:30 IST
BANGALORE: With the acquisition of G-Log, a logistics solution maker, on December 1, Oracle has entered the logistics space in India. The terms of the transaction were undisclosed.
Global Logistics Technologies Inc (G-Log) has 20-25 percent market share of the $5-billion global logistics solutions market with its product - Global Command and Control Center (GC3). The U.S.-based company has employees strength of about 180 personal.
Commenting on this, the companys Senior Vice-President, Application Development, Rick Jewell said, SAP and i2 Technologies will face competition from Oracle and G-Log.
In India, Oracle is targeting automotive and hi-tech manufacturers such as computer manufacturers, electronic and telecom equipment makers. It has garnered three clients in industrial and automotive manufacturing, he said.
Transportation management solutions can save 5-25 percent of expenses. A $1-billion company will spend $100-million on transportation costs, he added.
The G-Log product is built on Oracle database and falls in with Oracle's strategy. Currently, seamless integration of GC3 with Oracle's E-business suite and Retail (Retek) are under way, Jewell said.