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Global Price Management (GPM): Summary

Global Price Management (GPM) is a solution developed by Descartes that automates price management for freight forwarders, enhancing customer booking experiences without added labor. It integrates routing, rating, margins, capacity, and schedule information to provide comprehensive pricing and service recommendations.

Service Name

Global Price Management (GPM)

Industry

Logistics, Supply Chain Management, Software Solutions, Rate Management

Main Value Proposition

GPM enhances the customer experience, increases quote accuracy, and maximizes shipment margins while reducing the effort required to produce quotes.

Description

Global Price Management (GPM) is a solution developed by Descartes that automates price management for freight forwarders, enhancing customer booking experiences without added labor. It integrates routing, rating, margins, capacity, and schedule information to provide comprehensive pricing and service recommendations.

Key Features

Rate Management: Control and manage transport rates from a consolidated global database; Carrier Data Exchange: Directly connect to transportation providers for automatic contract updates; Digital Forwarding: Enable on-demand self-service customer quoting and booking; Advanced Reporting: Analyze data and interface information with existing tools to track trends

Use Cases

GPM is most valuable for freight forwarders looking to streamline their pricing strategies, improve customer service through accurate quoting, and manage transport rates effectively.

Competitive advantages

Trusted by 4 out of the top 5 freight forwarders, indicating strong market credibility; Comprehensive integration capabilities with TMSs, CRMs, and other systems through API connectivity; Ability to manage and optimize internal data structures for better decision-making

Strengths

The solution's ability to automate complex pricing processes and provide real-time data insights significantly enhances operational efficiency for freight forwarders.

Positioning

GPM positions itself as a cutting-edge solution for freight forwarders aiming to digitize their pricing processes and improve operational efficiency.

Audience

The primary target users are freight forwarders and logistics service providers (LSPs) who seek to enhance their pricing management and customer service capabilities.

CTA

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Tags
  • Price Management

  • Freight Forwarding

  • Logistics Software

  • Digital Solutions

Tagline

Automate Price Management & Deliver a Digital Customer Booking Experience without Added Labor

Tone of Voice

Professional, Innovative, Supportive

Differentiation

GPM stands out by offering a comprehensive solution that combines multiple functionalities such as rate management, digital forwarding, and advanced reporting, all designed to improve profitability for freight forwarders.

Brand Positioning

Descartes is positioned as a leader in logistics and supply chain management solutions, focusing on innovation and customer success.

Founded

2010-10-19

Founders
  • Henning Voss

  • Knud Mueller

  • Niclas Schroeder