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Tariff Troubles? Oracle OTM & GTM to the Rescue!
by Bob Hart on Jan 30, 2025 5:54:58 AM
Implementing a Transportation Management System (TMS) like Oracle Transportation Management (OTM) is a major undertaking. To ensure a smooth journey and reap the full benefits, here are some key road signs to follow:
OTM: Your Logistics Lifeline
- Scenario Planning: OTM lets you play "what if?" with potential tariff changes. Model different scenarios to see how they impact your costs and delivery times. This helps you make proactive decisions, not reactive ones.
- Optimize Your Network: Need to shift gears and find new sourcing locations? OTM can help you identify the most cost-effective routes and modes of transport, factoring in those pesky tariffs.
- Stay Agile: OTM provides real-time visibility into your shipments, so you can track their progress and manage any delays caused by customs holds or inspections.
GTM: Your Trade Compliance Guru
- Tariff Updates at Your Fingertips: GTM provides access to the latest tariff rates, regulations, and restrictions. Say goodbye to outdated information and hello to accurate landed cost calculations.
- Compliance Confidence: Don't get caught off guard by changing trade rules. GTM helps you stay compliant with all the necessary documentation and classifications, minimizing the risk of penalties and delays.
- FTA Advantage: GTM helps you identify and leverage Free Trade Agreements to minimize duties and take advantage of preferential tariff rates.
The Dynamic Duo
Together, OTM and GTM provide a powerful combination for managing tariff changes. They empower you to:
- Proactively plan for different scenarios
- Optimize your sourcing and logistics network
- Ensure trade compliance
- Minimize disruptions and keep your supply chain flowing smoothly
Don't let tariff uncertainty derail your business. With Oracle OTM and GTM, you can stay ahead of the curve and keep your supply chain running like a well-oiled machine.
Schedule a Call with GoSaaS Today
If you're looking to optimize your transportation operations and enhance supply chain efficiency, Oracle Transportation Management (OTM) can help. If you're looking to streamline your global trade operations and improve compliance, Oracle GTM can help. Contact GoSaaS today to learn more about how we can assist you in implementing OTM and achieving your business goals.
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