Unlock New Possibilities with KSAP Spot for Oracle Transportation Management
In the world of logistics and supply chain management, staying ahead of the curve is crucial. That’s why KSAP Technologies is thrilled to introduce our innovative solution, KSAP Spot, designed exclusively for Oracle Transportation Management (OTM) users tapping into the Spot Freight Market.
The Need for Improved Collaboration
We understand the challenges faced by shippers and carriers when negotiating freight in the spot market. Traditional approaches often limit your ability to make informed decisions, especially when it comes to pricing and delivery dates. This is where KSAP Spot steps in to revolutionize your approach.
Introducing KSAP Spot
KSAP Spot is a game-changing solution that empowers OTM users with the capability to shop for rates over a delivery date range, rather than restricting themselves to a single day. This unique feature opens up a world of possibilities, providing shippers with pricing options for different delivery dates and allowing for more accurate cost evaluations based on delivery schedules.
Seamlessly Integrated with OTM
KSAP Spot seamlessly integrates with Oracle Transportation Management, making it a natural extension of your existing workflow. Users can effortlessly trigger the Spot feature from within the OTM Menu and Action Menu capabilities, ensuring a smooth and intuitive experience.
Three Ways to Leverage KSAP Spot
With KSAP Spot, you have the flexibility to trigger its capabilities in one of three ways:
Spot Shipment: Look for rate options over a 7-day window based on a planned shipment, ensuring you get the best deal for your specific requirements.
Spot Order: Search for rate options based on order data over a 7-day window before planning the shipment. This feature streamlines your decision-making process.
Spot Quote: Similar to OTM’s Request for Information and Quote (RIQ) functionality, this allows you to explore spot rates based on source/destination, weight, volume, and date without the need for an existing order or shipment.
Extending OTM Spot and Broadcast Capabilities
KSAP Spot extends the capabilities of OTM Spot and Broadcast functionalities. With our solution, you gain access to:
● The ability to make rate calls to the same carrier for multiple days, ensuring consistency and reliability.
● The ability to identify the lowest overall cost option, helping you make informed decisions.
● The option to evaluate the cost options for each carrier, enabling strategic partnerships.
● A seamless way to compare contract rates to spot rates, ensuring cost-efficiency.
● The capability to view digital freight brokers and contracts, enhancing visibility.
● The flexibility to configure what data is sent to the carrier, optimizing communication.
Understanding OTM Features
It’s essential to understand what Oracle Transportation Management can and cannot do. When comparing OTM’s Broadcast and Spot Features to KSAP Spot, here’s what you need to know:
OTM Broadcast Tendering Capabilities:
● Objective: Find a service provider to cover a “hot" load.
● Loads tendered to service providers accepting broadcast tenders (with manual additions if needed).
● Response Time: Latest response time among service providers.
● Awarded to the first service provider accepting the tender within a specified tolerance.
OTM Spot Tendering Capabilities:
● Objective: Conduct an auction to identify the most cost-effective service provider.
● Loads tendered to service providers experienced in spot bid tenders (with manual additions allowed).
● Response Time: Calculated based on the specified value for the SPOT BID TENDER RESPONSE TIME BEFORE SHIPMENT.
● Awarded to the service provider offering the lowest bid price within the designated time limit.
At KSAP Technologies, we believe in empowering our clients with innovative solutions that streamline their operations and drive success. With KSAP Spot, you gain the competitive edge you need to thrive in today’s dynamic logistics landscape.
Contact Us today to learn more about how KSAP Spot can transform your Oracle Transportation Management experience. Unlock new possibilities, make informed decisions, and optimize your supply chain with KSAP Technologies.