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Sales price calculation

When using business management systems, you want data to be processed as fast as possible and the information produced to be correct. The Terra Logistics transport management system is being improved with smart technology and artificial intelligence.

Artificial intelligence helps system users make the necessary decisions faster, avoid possible mistakes and choose the best option and scenario. AI can cover many business areas or sectors, or specific functions. In this case, to improve Terra Logistics, we built a module that helps users correctly calculate the most favorable transport price.

The problem and its solution

Because the system stores historical data, and the amounts of data are often very large, it is hard for users to pick out the information they need. There are also cases when you need to give the customer the right price, but that price must also be profitable for the company. It can take time to look through earlier orders, suitable routes, cargo volumes, vehicle choices and the number of transshipments. These are all components of the price that need to be assessed.

This is where the new module helps: with the help of artificial intelligence and taking all the criteria into account, it suggests the best price, one that suits both the customer and the company. The system helps determine whether the price pays off and would bring a profit. The system works as a recommendation: only the user makes the final decision and can change it as they see fit.

Advantages of the system

The Terra Logistics transport management system processes data faster, which saves time, avoids possible errors and helps you settle on the most beneficial transport price. New employees are also trained faster, because the system calculates most of the decisions.

The added value the system creates for the company can bring not only a higher profit, by choosing the most beneficial transport price, but also a simpler way of giving the customer a quote, which can be sent straight from the system.

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Email
sales@terrait.lt
Phone
+370 616 33321, +370 687 25439
Address
Partizanų g. 15A, Kaunas, LT-50203, Lithuania (map opens in a new window)