Oracle Transportation Management Reviews & Pricing

Key Features

• Carrier Sourcing: Helps plan and execute shipments to domestic or international locations. Optimizes storage in shipping containers, streamlines order consolidation and boosts overarching transportation network efficiency. 
• Fleet Management: Streamlines fleet, driver and trailer management. Handle disputes, optimize contracted carrier rates and improve fleet resource visibility. 
• Operational Planning: Leverage algorithms and optimization engines to optimize shipments based on variables, including cost and asset utilization. Maintains organized transportation flow with support for complex multi-stop consolidation, pooling and cross-docking. 
• Transportation Intelligence: Customize real-time dashboards and leverage data stored within the system. Transforms transportation data into valuable insights to predict future inefficiencies and act proactively. 
• Payment, Billing and Claims: Reduces process time and prevents errors associated with billing through automated freight payments. Ensures clients pay and get billed accurately for the services provided to them. 
• Rate Management: Access a rating engine and global repository of service providers and relevant services in one place. Streamlines rate management with dedicated support for ocean, rail, air, parcel, LTL, intermodal and truckload shipments. 
• Order Management: Integrates with purchasing, external order management and warehousing to manage transportation demand-induced operations. Share and offer tools to external parties and the supply chain, including suppliers, partners, clients and customers. 
• Visibility and Events Handling: Proactively manage order lifecycle and shipment with automated milestone tracking and monitoring. Automatically accelerate dispatches at times of significant delays in pick-up confirmations. Receive live status updates from dispatch parties in multiple formats on tablets and mobile devices. 
• Booking and Tendering: Utilize several communication channels, including XML, mobile device, web and email. Share dispatch plans and workflows and handle service provider texts in real time. Offers automated support to manage several tender processes such as broadcast and sequential tendering. 
• Reporting and E-Documents: Create insightful reports and e-documents for crucial business aspects, including commercial invoice, BOL, lane-based carrier performance, projected late orders, packing list and cost savings. 
• Forwarding and Brokerage: Automate freight forwarding operations and brokerage workflows to improve and expedite processes. Offers end-to-end support for several functions such as console and job management and quoting. 
• Integrations: Integrates with Oracle Cloud SCM apps and Oracle EBS (E-Business Suite), supporting and synchronizing shipment information with sales orders. Templates consist of predefined workflows, including shipping and order compliance, export documentation, order planning and processing and transportation. 

Approach to Common Challenges

• Limited visibility into shipments: OTM provides real-time tracking and visibility of shipments across all modes of transportation, enabling proactive exception management and improved decision-making.
• Inefficient transportation planning: OTM's optimization tools help plan routes and schedules, consolidate shipments, and choose the most cost-effective transportation modes, leading to reduced transportation costs and improved efficiency.
• Manual freight procurement processes: OTM automates the freight procurement process, including carrier selection, bidding, and rate negotiation, saving time and resources while ensuring compliance with regulations.
• Fragmented data and lack of integration: OTM integrates with various enterprise systems like ERP and WMS, providing a consolidated view of all relevant data and eliminating manual data entry and errors.
• Complex global trade compliance: OTM supports global trade compliance with features like customs documentation management, export controls, and trade agreements, ensuring smooth international shipments.
• Lack of scalability: OTM's cloud-based platform can scale to meet growing business needs, accommodating increased shipment volumes and expanding global operations.
• Insufficient reporting and analytics: OTM offers comprehensive reporting and analytics capabilities, providing valuable insights into transportation performance, identifying areas for improvement, and making data-driven decisions.

Cost Of Ownership

• Q: What is the price range for Oracle Transportation Management?
  A: OTM's pricing is based on a subscription model, with annual fees ranging from tens of thousands of dollars for smaller implementations to hundreds of thousands for larger enterprises. The exact cost depends on several factors, including the number of users, modules needed, and volume of shipments. For example, a basic implementation for a small business with limited needs might cost around $50,000 per year, while a large enterprise with complex global operations could pay upwards of $500,000 annually.
• Q: How is OTM priced per unit?
  A: In addition to the subscription fee, OTM also offers per-unit pricing for certain features, such as freight procurement and customs documentation. These fees are typically based on the number of transactions or documents processed. For instance, freight procurement might be priced at $1 per shipment, while customs documentation might cost $10 per document.
• Q: How often are OTM payments due?
  A: OTM subscriptions are typically billed annually in advance. However, some customers may be able to negotiate semi-annual or quarterly payment terms. Additionally, per-unit fees are typically billed monthly in arrears.

Limitations

• High cost: OTM's subscription fees and per-unit costs can be significant, especially for small businesses. Additionally, implementation and integration costs can further increase the total cost of ownership.
• Complexity: OTM is a highly complex platform with a steep learning curve. This can make it challenging to implement and use, especially for organizations without dedicated IT resources.
• Limited customization: OTM offers limited customization options compared to some other TMS solutions. This can make it difficult to adapt the platform to meet specific business needs.
• Integration difficulties: OTM can be challenging to integrate with other enterprise systems due to its complex data structure and proprietary APIs.
• Reporting limitations: OTM's standard reports may not provide the level of detail and flexibility required by some businesses. This may necessitate additional customization or third-party reporting tools.

Suite Support

FAQ

• Q: How does Oracle Transportation Management handle global logistics?
  A: Oracle Transportation Management provides a comprehensive suite of features for managing global logistics, including multi-currency support, trade compliance tools, and visibility into international shipments. This can help businesses streamline their supply chains and reduce costs.
• Q: What types of transportation modes does Oracle Transportation Management support?
  A: Oracle Transportation Management supports a variety of transportation modes, including truckload, less-than-truckload, air, ocean, and rail. This allows businesses to choose the most cost-effective and efficient mode for each shipment.
• Q: How can Oracle Transportation Management help businesses improve their transportation visibility?
  A: Oracle Transportation Management provides real-time visibility into transportation data, including shipment status, location, and exceptions. This can help businesses improve their decision-making and identify areas for improvement.
• Q: What are the benefits of integrating Oracle Transportation Management with other Oracle applications?
  A: Integrating Oracle Transportation Management with other Oracle applications, such as Oracle ERP and Oracle Supply Chain Management, can help businesses streamline their operations and improve efficiency. For example, integration with Oracle ERP can automate the creation of transportation orders and invoices.
• Q: How can Oracle Transportation Management help businesses comply with changing transportation regulations?
  A: Oracle Transportation Management provides tools and features to help businesses comply with changing transportation regulations, such as the International Traffic in Arms Regulations (ITAR) and the Transportation Security Administration (TSA) regulations. This can help businesses avoid fines and penalties.