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By Derek Gittoes, Vice President, Supply Chain Management Product Strategy, Oracle—May 14, 2020
The last few months have shown the value that dynamic logistics operations can bring as organizations respond to industry, market, and route changes to meet customer needs and deliver on brand promises.
We’re working to further increase flexibility and control for shippers around the world by partnering with Uber Freight, a logistics platform with one of the world’s largest digitally-enabled carrier networks, to help customers increase efficiency and flexibility of operations so they can move their goods with speed and confidence.
By directly integrating Uber Freight with Oracle Transportation Management Cloud, shippers can now take advantage of real-time pricing and tendering capabilities as well as instant and reliable capacity, 24/7. Real-time pricing enables shippers to seamlessly plan for and manage their day-to-day operations, in addition to navigating fluctuating demands such as seasonal overflow, exception management, new lanes, and over-capacity. For example, a large American multinational consumer products company now manages 30 percent of its freight through the Uber Freight API integration into the Oracle Transportation Management Cloud, and has been able to reduce total transportation costs by 5 percent.
“Today’s market is in constant flux and shippers need real-time visibility into the market in order to make critical decisions about their operations,” said Laurent Hautefeuille, head of business development at Uber Freight. “We’re thrilled to have Oracle as an innovation partner. By working closely with Oracle, we will enable our shipper partners to manage changing capacity demands while maximizing efficiency. Together, we’re creating a seamless freight marketplace with end-to-end visibility.”
Uber Freight is a logistics platform built on the power of Uber with the goal to reshape global logistics and deliver reliability, flexibility and transparency for shippers and carriers. Since launching in 2017, Uber Freight has built one of the world’s largest digitally-enabled carrier networks and transformed entrenched practices around pricing and booking freight to reduce inefficiencies and increase opportunities for business growth and industry collaboration. Today, the business counts over 50,000 carriers in its network and thousands of shippers as customers, from small businesses to Fortune 500 companies, including AB InBev, Nestle, LG, Land O’Lakes and many more.