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New Product Launch: Dynamic Carrier Allocation (DCA) allows full automatic and dynamic communication of transport orders from Shippers to Carriers based on pre-established constrains.
Transwide is glad to announce the launch of its latest product: Dynamic Carrier Allocation; adding one more value creating tool to its existing suite of Transport Execution Solutions. Transwide is a division of Wolters Kluwer, a leading global information services and publishing company with annual revenues (2006) of 3.7 billion and approximately 19,900 employees worldwide
DCA plugs in to the existing twCall-off module, the Transwide Transport Order communication tool, which electronically creates, sends, receives and confirms transport orders between shippers and logistics providers. DCA builds more flexibility and more automation into shippers Transport Order communication processes by deciding to which carriers the Transport Order has to be communicated. DCA bases its allocation of Transport Order on criteria such as cost, proven quality of service, suitability for certain routes or additional service capability.
For each routes every logistic provider is ranked for suitability according to a set of constrains. As soon as an applicable transport order becomes available it is automatically sent to the preferred carrier. Then, if the preferred carrier declines the order for example, due to lack of capacity within the required timeline then a cascade of the shippers other preferred carriers are contacted in sequence by DCA.
Once a carrier has accepted the order, Transwide individually inform other partners that a carrier has been found.
On more difficult routes or urgent shipments, it is also possible to use DCA to broadcast simultaneously a Transport Order to a selection of carriers. The fastest to accept is selected while the others receive the information that a carrier has been found.
Added Value to shipper
DCA automates the entire Transport Order process, freeing up some of the shippers human and mechanical resources; Low value added tasks such as initiating a new transport order from an ERP, faxing or calling to confirm a Transport Order acceptance and the following rush to find alternative solutions in case it was not accepted are a thing of the past.
Furthermore, shippers can now make sure the preferred logistic partners are actually used for the agreed contract which generates even more value by ensuring the routing guidelines are applied.
Finally, since there is no human intervention that could distort the allocation away from the best haulier, it encourages carriers to propose the best combination of service level and price level during contract negotiations.
Added Value to carrier
Carriers are assured they will be contacted for transport opportunities in the right order of preference based on their contractual agreement with the shipper.
Carriers will be able to maximize their planning activity as they will now receive most of their Transport Order as part of the normal business process and less in the form of urgent assignments.
Transwide is a global leader of transport execution network and solution providers; it offers a suite of technology solutions to enable the electronic communication and visibility of transport orders, pick-up and delivery time slots booking, real time tracing of shipments, transport documents dematerialization and performance monitoring.
Transwide has more than 6,000 companies working on its network and serves carriers and shippers equally. It does not have shippers or carriers in its shareholder base.