
Freight forwarded Rates Management is important module of Logistic Software(LogiExcel): A complete integrated ERP for logistic providers developed by Raygain Technologies Pvt ltd. Freight forwarded rates management where a charge paid for carriage or transportation of goods by Road, Rail and Sea.The act of transporting goods from one point to another, carriage can be accomplished through Road, Rail and Sea.Freight forwarded rates management contains a reusable storage and transport unit by freight Road, Rail and Sea carriers to move raw materials or products from one location to others.This method projects how much freight is transported yearly throughout transportation Road, Rail and Sea. Freight forwarded rates management carrier’s invoice for freight charges applicable to a shipment also called freight invoice.
Raygain most innovative Logistic Software product (LogiExcel)and its most important module Rates Management provides three methods Road, Rail and Sea carriers to move raw materials or products from one location to others.
Freight forwarded Rates Management have its two sub modules:
1. Buying Rate : Defines rate for source to destination using source-destination information, road freight information and description information.
2. Benchmark Rate: Defines rate for source to destination using client rates information, road freight information, description information.
Freight forwarded Rates Management provides sub module Benchmark rate is standard used for comparision. A permanently affixed mark that establishes exact elevation, operation, information. Benchmarking is used to measure performance using a specific indicator (cost per unit of measure, productivity per unit of measure, cycle time of x per unit of measure or defects per unit of measure) resulting in a metric of performance that is then compared to others. Freight forwarded Rates Management process – from placing pre-sales part (Quotation) to Sales Orders to all operational process (Rate Management, Booking order according to customer, Transport, Rail out, Ship done board and up to Billing Process).During this activity all involved party can track order status, Transport status, real-time truck location dash board on Google Map with all related data like Fuel level, Truck speed related Truck Driver activities.