Odyssey Logistics and Technology Corporation (OL&T) recently increased the usage of its Management Dynamic’s transportation management offering in order to provide customers with better routing and rate options for international shipments.
This newly introduced initiative helps OL&T to manage its ocean service contracts centrally, including descriptions of every term with a rules engine to create ‘calculable contracts. It is fully incorporated with all carriers’ governing rules tariffs. This new solution not only evaluates potential routings from available bullet rates, but also to other more complex combinations such as outport arbitraries, alternate port-to-port rates, and inlands.
This move to expand on the use of Management Dynamics now helps users, who have little or no experience at all in pricing, to evaluate the full bottom line rates across a number of multiple service contracts, modes of transport, routings, and service levels.
Management Dynamics’ transportation management solution has also been incorporated into OL&T’s tech backbone, Odyssey Global Logistics PlatformSM. It uses an XML-based API allowing its users to check an ocean rate stored in its transportation management solution without ever having to leave OL&T’s system.
Nathan Pieri, SVP marketing and product management at Management Dynamics, said: “Logistics Providers must use specialized price management tools to improve sales productivity and better differentiate their services for shippers that are looking for detailed comparisons of equipment, routes, and rates. Odyssey Logistics is successfully using Transportation Management to support their international growth objectives and setting an example of how to exploit technology to build a winning edge.”
