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Vastera deal boosts Oracle supply chain plan

Business software applications maker Oracle is boosting its global supply chain strategy through a new agreement with international trade logistics firm Vastera.

Business software applications maker Oracle is boosting its global supply chain strategy through a new agreement with international trade logistics firm Vastera.

Through the deal, called an Oracle Agent Agreement, Oracle will jointly sell and support Vastera's EMS-2000 Global Passport software, which is designed to meet a company's international trade demands.

Global Passport helps customers manage and automate the global trade cycle, which includes moving goods in and out of countries, ensuring regulatory compliance of imports and exports, tracking licenses, and managing customs clearance, tariffs, and international documentation.

Dulles, Virginia-based Vastera and Oracle already have more than 24 joint customers, mostly in the technology and automotive space.

In other news, the companies also announced that Vastera's EMS-2000 Global Passport and Oracle Applications Release 11 can now be easily integrated, meaning customers can use the Global Passport product easily with Oracle's order entry and inventory applications to manage trade cycles. Global Passport has been approved by Oracle's Cooperative Applications Initiative, the companies said.