April 28, 2015: Accenture has released a new version of its Ocean Cargo Pricing software, part of the Accenture Freight and Logistics Software portfolio, that can help ocean carriers reduce costs and revenue leakage, while improving customer service.
Accenture Ocean Cargo Price version 6.8 is an intuitive, easy-to-use product that provides advanced pricing functionality to help boost profitability based on real-time insights. The solution allows carriers to more efficiently apply and maintain rates and charges. Sales professionals can create quotes and contracts for a single quote line request as well as for a large tender request. The new capability to generate market rates employing base rates and add-ons such as location, commodity, or container type helps carriers respond to customer requests faster and with more relevant and competitive rates.
New rate management functionality provides easier maintenance, application and negotiation of inland rates using a hub and spoke model. Improved surcharge definitions allow carriers to inform customers of surcharges that may change over time, and gain better insight into customer specific charges. With improved control and visibility, carriers can more easily prevent revenue leakage.
"For ocean cargo carriers, using technology to revitalize the quote-to-cash process is a critical component to increasing visibility and enabling better decision-making," said Malcolm McNamara, global managing director of Accenture Freight and Logistics Software. "Our newest release of Ocean Cargo Pricing is designed to provide more accurate pricing models, which will help carriers adapt to market changes and stay competitive."