Oracle and Loadsmart Collaborate on Logistics Digitization

  Enquiry / contact me

This collaboration aims to provide Oracle Logistics Cloud customers instantly bookable truckload rates and guaranteed capacity through the Loadsmart integration with Oracle Transportation Management Cloud

Oracle and Loadsmart Collaborate on Logistics Digitization
Oracle and Loadsmart Collaborate on Logistics Digitization

Oracle and Loadsmart, digital freight broker specialized in full truckload shipping and Gold level member of Oracle PartnerNetwork, announced their collaboration to provide Oracle Logistics Cloud customers instantly bookable truckload rates and guaranteed capacity from the Loadsmart network of qualified carriers directly in Oracle Transportation Management (OTM) Cloud

Fortune 500 customers such as Kraft-Heinz and The Coca-Cola Company now leverage Loadsmart's Dynamic Routing Guide technology within Oracle Transportation Management Cloud, which helps transportation teams take advantage of market conditions by inserting instantly bookable real-time rates alongside static prices in their routing guide. 

Integration with Oracle Logistics Cloud

Loadsmart is one of the first digital brokers to integrate with Oracle Logistics Cloud. Through the Loadsmart integration with Oracle Transportation Management Cloud, shippers automatically receive a real-time rate as soon as the primary carrier declines. Rather than relying solely on static backup rates which are rarely updated, the Oracle Transportation Management Cloud routing guide selects the Loadsmart real-time market rate when it is more competitive than the next best routing guide option.

As a result, shipment planners always have an actionable truckload price for every load so they can make market-based decisions. Furthermore, because Loadsmart rates are instantly bookable and tender acceptance is guaranteed, loads can be covered faster, reducing the need to go to the spot market.

Teaming up with digital brokerages

The integration comes as other transportation management vendors are teaming up with digital brokerages. In April, for example, Uber Freight and SAP announced the integration of Uber Freight into the SAP Logistics Business Network, which enables shippers to manage real-time digital supply chains. 

These partnerships spotlight some of the new ways shippers are leveraging the benefits of digital freight platforms to streamline operations and optimize their logistics.

Posted on July 23, 2019 - (674 views)
Related articles
Allied Motion The Netherlands Has Launched its Own Microsite
Nidec ASI continues its efforts for greener and more sustainable mobility
High Performance Filtration System for 3D Printers
Inductive Displacement Measuring System
Modern LIDAR Systems: Sensing for Every Industry
"Digital is Technologically not Limited"
New Fixed Acoustic Imager
Mobile Thermal Imagers for Swift On-Site Inspection
TUBUS Shock Absorber by ACE: a Custom Solution for the Offshore Industry
Why is quality management more important in manufacturing and engineering than ever before?
Inductive Displacement Measuring System
USi®-safety: Safety without Exception
Thin Air: How Power Entry Modules can Withstand Heights
High-precision Automated Inline 3D Inspection
Intelligent Drive-Controller with EtherCAT and Safety
Non-Contact Voltage Clamp Meter Ensuring Secure Electrical Measurements
Box PC with AI-based Image Recognition
1-phase High Current Choke
Medical Desktop Adapters in the 90W Power Supply Range
Capacitive Rotation Speed Sensor for Industrial Measurement Tasks
New Fixed Acoustic Imager
Mobile Thermal Imagers for Swift On-Site Inspection
TUBUS Shock Absorber by ACE: a Custom Solution for the Offshore Industry
USi®-safety: Safety without Exception
High Reliability Output Modules Ideal for Industrial Applications
Advanced Vacuum Insulation
New Current Sensor Element and Firmware Upgrade for Award-winning Yokogawa Precision Power Analyzer 
More Machining and Less Programming: ESPRIT Keeps the Success Flowing for WET
Drill Platform with new MS Geometry
PTC Leverages Spatial Computing Capabilities with Vuforia Engine Area Targets