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Tariff and Quotation Management Solution

T&L

Customer

A global Freight Forwarder spread across 160+ countries

Business Needs

  • Customer attrition due to uncompetitive and disparate quotations
  • Productivity loss due to high manual efforts of back office in quotation generation
  • Revenue loss due to high turnaround time in sharing quotations to the prospects

How we Addressed the Business Needs?

We followed the Alvarium methodology to transform and digitalize end-to-end tariff and quotation management process by creating a single point application to be used by shippers and shipping company.

Customer Stakeholders –  Regional Sales Teams, Back Office Team, Supply Chain Partners, Enterprise Architect, Select Shippers

Alvarium Stakeholders – Supply Chain Consultant, Domain Expert, User Experience Architect, Technical Architect

Our Design-Led Thinking Approach

  • Discovered the challenges by Interviewing shippers and stakeholders involved in sales process and processing & execution of the shipments.
  • Assessed manual and technology interventions in current process of order booking through GEMBA walk
  • Carried out SWOT analysis, expectations analysis, solution mind mapping, and requirement prioritization
  • Created high fidelity wireframes and incorporated feedbacks from relevant stakeholders
  • Defined the implementation roadmap and carried out identified implementation projects

Key Solution Highlights

  • Tariff Uploads, Tariff Sync with Partner Systems, Tariff Alteration, Tariff Comparison
  • Multi Currency Quotation Generation
  • User Management and Multi Modal Carrier Management
  • Automated notification to stakeholders in event of tariff change

Business Benefits

  • 20% increase in repeat customers
  • 35% reduction in customer attrition
  • 80% reduction in cost to generate a quotation
  • 20% gain in revenue due to 40% increase in win ratio
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