Spot Rate Pricing Casestudy - The Information Factory The Information Factory

A leading international delivery company lost lucrative, heavyweight business due to their lengthy pricing approval process and rigid price discount structure – which made these shipments prohibitively expensive. The process used to create special prices was highly manual, lacked coherent business rules and was unable to cope with the growing demand for spot rate pricing.

Requirement

An online system to standardise the request capture, margin calculation and administration of spot rate pricing for ad hoc heavy weight shipments.

Solution

  • System generates over $45M per year.
  • Spot rates are based on total delivery cost and include a recommended margin
  • Prices are adapted according to customer profile and shipment type
  • Standardised and automated workflow generates prices in seconds
  • 6,000 users worldwide generating over 1,000 prices each day
Video

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Technical specifications

• Hardware: VMWare Virtual Server

• Operating System: Red Hat Enterprise

• Database: Oracle

• Middleware: Apache Tomcat

• Frontend: AngularJS

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