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EAST RUTHERFORD,
NJ, July 31, 2008 -- Management
Dynamics Inc., a leading
provider of global trade
management solutions, today
announced the release of its Air
Rate Manager, a feature-rich
on-demand solution that
automates the logistics process
for air freight. The solution
enables shippers and logistics
companies to effectively manage
their rates to make better
routing and carrier selections
and expedite the accurate audit
of air waybills for improving
productivity and containing
international transportation
spend.
With escalating fuel costs,
access to accurate freight
charges at each step in the
logistics process has become
critical for optimizing carrier
selection and maximizing
savings. Leading global
organizations are developing
these best practices by applying
technology. According to
Aberdeen Group’s International
Transportation Management
benchmark report,
'best-in-class' companies are
twice as likely as their peers
to automate carrier selection.
Air Rate Manager, a module of
Management Dynamics’
International Transportation
Management solution, is
delivered over the Internet as a
secure, on-demand application.
Providing access to accurate,
real-time rating, routing, and
carrier information, the
solution enables shippers to
evaluate all possible airfreight
routing and service options to
optimize carrier selection
decisions. Additionally, each
rate is linked to all applicable
accessorials -- including fuel
and security surcharges -- to
accurately calculate a full
bottom-line cost.
Management Dynamics’ Air Rate
Manager provides the following
key capabilities for reducing
transportation spend and
boosting internal productivity:
- Global Visibility and
Control -- Leverage one
centralized system to access
up-to-date airfreight rate
and service information,
including contract rates,
tariff rates, rate
agreements, and spot rates.
- Powerful Rules-based
Calculation Engine --
Calculate full bottom-line
shipment costs that include
airfreight, pick-up and
delivery rates, and all
applicable assessorials.
- Full Bottom Line Cost
Comparison -- Compare
alternative services by
carrier, point pair, rate
type, commodity, hazardous
designation, and transit
time.
- Audit air waybills
-- Audit air waybills
against applicable rates and
assessorials to identify and
immediately resolve billing
discrepancies.
“Today,
transportation budgets are under
pressure requiring companies to
implement proven international
transportation management
solutions that provide tools to
effectively manage these
sky-rocketing costs,” said John
Preuninger, President of
Management Dynamics. “Air Rate
Manager helps global
organizations to centrally
manage their air rates and to
provide operating groups with an
easy-to-use, Web-based
application to manage airfreight
costs by researching available
routes & rates, optimizing
carrier selection and auditing
bills.”
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