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1. Why we should set up Auto rating in Cargowise?
Auto rating is a pricing system that enables personalized pricing standards to ensure fair, transparent, and flexible pricing mechanisms for different types of practices, enabling companies to meet customer needs and achieve sustainable growth.
From an operational perspective, auto rating is a powerful function used to load the WIP & ACR into forwarding Shipment/Consol automatically, to realize the timely billing and P&L recognition of revenue & Profit. This removes the hassle of manual data entry, reducing human error, and increasing productivity.
We can apply auto rating either at Shipment level
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Or apply auto rating in Consol.
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If we click ‘Auto rate Costs and Revenue’ in Consol, all the shipments attached with the Consol will behave WIP & ACR populated automatically
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2. What are Company Tariffs, Client Rates, and Supplier Costing Tariffs?
Company Tariffs, Client Rates, and Costing are the 3 types of auto rating. Auto Rating works by scanning client rates, company tariffs, and costing for the best possible freight rate and all origin/destination rates that apply.
Company Tariffs:
Base Company Tariff: Standard origin/destination charges tariff offered to clients who do have specially agreed contract terms (Most Spot / Transactional clients). This in essence refers to the minimum charges for a particular charge code we will charge as a standard. It helps to auto-create WIP’s on any file based on Mode, and Direction on either a company or a Location (Port/ Airport) basis. These Tariff’s must be published by every country within the SEKO Network globally.
Important Note here is that Establishing a Company Tariff only generates WIP Revenue as a minimum, when actually billing the customer we encourage operators to continue to maximize revenue with clients on the final invoice being raised.
Client Rates: Specific selling rate offered to the client with validity > 1 month. T We need to talk about details here when do we use Global Client Rate Submission Vs Company. What is a global Client Rate Vs Local client rate. We need to list out in a table some examples for scenarios so we don’t get poor quality requestsGlobal Client Rate: Tender Rate offered This refers to specific selling rates (contracts) with a client that is greater than 1 month in validity ( for ATA or PTP Freight) or if Freight continues to be Spot then with specially agreed local land side charges that differ from the base company tariff
Global Client Rate: This function is used when SEKO offers an RFQ / Tender Rate to a Controlling Customer, and apply applies to POLOrigin/ POD Destinations in multiple countries inside within the SEKO groupNetwork. The request to create a Global Client Rate shall should be raised by Global the Key Account MangerManager, CSG, or a from our Global Tender Team as part of the implementation of the award process or onboarding of a large client meeting the aforementioned criteria
Supplier Costing: Purchase This refers to our Purchase / Buying Contract agreements per supplier quotation (Provide Exampleslocal vendor ( can be Ocean Carrier local charge costs, Air line Local handling costs , Trucking, Customs Brokerage companies etc)
2. Who WILL create Company Tariffs, Client Rates, Costing?
Global Shared Service Center (GSSC) is a centralized team that will manage the update & maintenance for all customers, companies & Supplier costing tariffs within CargoWise. The process below shows how you need to engage with the GSSC and request for an update accordingly.
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On the operation perspective, auto rating is a powerful functionality to load the WIP & ACR into forwarding Shipment/Consol automatically, to realize the fast billing and P&L recognition. This removes the hassle of manual data enter, reducing human mistakes, and increasing the productivity.
We can apply auto rating in Shipment.
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Or apply auto rating in Consol. If click ‘Auto rate Costs and Revenue’ in Consol, all the shipment attached with the Consol will be loaded WIP & ACR automatically
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4. What You Need do to request Tariff updates from GSSC?
Raise a ticket via JIRA to request GSSC to set up Company Tariffs, Client Rates, Global Client Rate and Costing
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