.png){kind=small}
In the competitive world of freight management, understanding the intricacies of pricing, revenue, margins, and truck utilisation is crucial for maintaining profitability and operational efficiency. The Trifecta Transportation Management System (TMS) is designed to empower carriers with these insights, offering a comprehensive suite of tools to enhance decision-making and optimise performance.
Unparalleled Pricing and Revenue Visibility
With Trifecta TMS, all pricing calculations are seamlessly handled by the system, ensuring perfect visibility into your revenue streams. The system meticulously tracks the units involved, laneways transited, and customers serviced, providing a clear and comprehensive view of your financials. This automated approach not only eliminates errors but also saves valuable time and resources.
Superior Revenue Analytics
Where Trifecta TMS truly stands out from its competitors is in its advanced revenue analytics capabilities. The system offers full revenue analysis, allowing carriers to identify trends, review top performers, and understand revenue distribution by geography. This data is crucial for strategic planning and can be accessed by team members based on their permissions, ensuring that everyone has the information they need to make informed decisions.
Flexible Revenue Allocation
Trifecta TMS is designed to handle the complexities of revenue allocation for both simple point-to-point jobs and multi-leg freight tasks. For straightforward deliveries, the system can allocate revenue directly to the truck completing the task. However, for more complex operations involving multiple legs and additional costs such as ferry crossings, Trifecta TMS excels.
Handling Multi-Leg Freight
When a manifest crosses water, Trifecta TMS allocates the declared ferry cost at an item level, ensuring these costs are accurately reflected in the revenue calculations. The system then pro-rates the remaining available revenue across the various legs of the journey based on distance travelled. This process includes adjustments for pick-ups to account for higher relative loading times, ensuring that each order contributes fairly to the total revenue. This approach also ensures you know when a manifest is sailing at a loss.
Revenue per Manifest
Trifecta TMS also emphasises the importance of viewing revenue per manifest in the context of utility. By highlighting the utility metrics, carriers can gain a more meaningful understanding of their revenue streams and operational efficiency. This holistic view is essential for making strategic decisions and optimising performance.
Consistent Revenue Comparison
Understanding revenue per order per leg is vital, but these figures can often be low when considered on a per kilometre basis. To address this, Trifecta TMS calculates revenue per pallet kilometre. This metric allows carriers to compare all orders on a given movement consistently, taking into account both quantity and distance. This apples-to-apples comparison enables carriers to see how each order contributes in like-for-like terms with the rest of the manifest, providing deeper insights into operational efficiency.
Now You Can Achieve New Levels of Efficiency and Success
In the fast-paced world of freight management, having access to accurate, comprehensive, and actionable data is essential for staying ahead of the competition. Trifecta TMS provides carriers with the tools they need to understand their pricing, revenue, margins, and utilisation. Its superior revenue analytics, flexible revenue allocation, and consistent revenue comparison features make it an indispensable tool for any carrier looking to optimise their operations and maximise profitability. With Trifecta TMS, you can transform your freight management processes and achieve new levels of efficiency and success.
Comments