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Coforge Freight Pricing and Rating Engine

The Coforge Freight Pricing and Rating Engine helps global freight carriers crush business complexity, focus on strategy and operate more nimbly to address global supply chain market dynamics.
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Overview

A Transportation and Logistics solution built on the Pega Platform to enable Carriers to quickly respond to market changes by automating complex freight rating calculations. The solution offers a template-based pricing plan configurator supporting reusable pricing constructs. The rating engine can accurately and instantly provide freight rates across the entire spectrum of Less than Truckload (LTL), Truckload, and other modes of transportation offered to shippers. Companies deploying the solution have realized a 99% auto-rating outcome using the solution, which frees up pricing analysts and clerks from non-value add manual tasks often found with other technically dependent Pricing & Rating systems. The solution greatly reduces errors associated with manually creating or updating pricing plans. It is architected for high-volume carriers seeking an easy-to-maintain, template-based method to eliminate manual pricing, spreadsheets and custom dev.

Key Features

  • For global and regional freight carriers
  • Intelligent, accurate auto-rating
  • Configurable, template-driven pricing plan configurator
  • Ability to change calculations by customer, market, and many other parameters
  • Handles single and multi-rate contracts
  • Ability to produce multiple freight rates per request
  • Ability to quickly address new pricing concepts, such as dimension-based pricing
  • Ability to create "what if" pricing scenarios
  • Changes can be applied by the business instead of depending on IT
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Partner Name

Coforge


Tags


Offering Type

Packaged Service Offering
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