Vessel Rates

Copyright © 2006, Oracle. All rights reserved.

 Scenario: Build a Multi-leg Shipment

Multi-leg
Business Modeling Order Management Transport Planning Shipment Execution
Locations Order Releases Workspaces

Items Audit Data Shipments

Equipment

Truckload Rates

Vessel Rates

Accessorials

Rail Rates

Rate Query

Itineraries

Rate Query

Data Assignment

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 Objectives

After completing this lesson, you should be able to:

• Create a rate offering and a rate record for vessel
shipments
• Explain how OTM uses vessel schedules

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 Vessel Rate

Vessel transport has unique characteristics as compared to

truckload and less-than-truckload transport:

Vessel Truckload Less-than-

truckload
Rate Structure Per container, or per cwt Per shipment, per mile, Per cwt, load meter
for certain cargo etc.

Pickup and Detailed vessel schedules As determined by parties As determined by

Delivery parties

Transit Time Committed transit time Calculated based on Committed transit

miles, speed, and time
layovers

Cut off Time Be there x hours prior to N/A N/A

departure

Tender or Book, response required Tender, response required Pickup notification,

Book? no response required

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 Vessel Rates in OTM

Vessel rates in OTM include the following:

• Rate offering
• Rate service
• Voyage service or the trade lane
• Voyage schedule
– departure location
– arrival location
– dates Rate Offering

– times
Rate Service

Voyage Service

Voyage Schedule

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 Vessel Rate Offering

• Vessel rate offerings and rate records are set up

similarly to other modes.
• One difference on the rate offering, however, is rate
service (how transit time is calculated).
– Vessel rates use voyage schedules that you define in
OTM.

Port Port

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 Demo Overview:
Viewing Vessel Rates

This demonstration covers the viewing of the following:

• Rate offering
• Rate record
• Rate service
• Voyage manager
• Rate costs

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 Practice Overview:
Creating a Rate for Vessel

This practice covers the following topics:

• Verifying service provider data
• Creating a vessel rate offering
• Creating a vessel rate record

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 Summary

In this lesson, you should have learned how to:

• Create a rate offering and a rate record for vessel
shipments
• Explain how OTM uses vessel schedules

1-9 Copyright © 2006, Oracle. All rights reserved.