Negative Margin
Jobs that have zero or negative margin require a profit and loss reason code upon marking the job CMP. CargoWise will not allow a user to mark a job CMP without a profit and loss reason code if the job is at zero or negative margin upon marking CMP. There are some exceptions in the US where a job may be positive at the time of marking CMP, but when corporate revenue fee hits later, it may leave a job in negative margin, thus will show on the OCD requiring operators to input a profit and loss reason code.
Code | Description | Usage |
BRI | Buy Rate Issue | Procurement could not match the required rate to enable profit |
COS | Cost Only | This is to be used for files where we are only capturing costs and no Revenue is expected . |
FXR | Foreign Exchange Rate Loss | When there is a loss on the file caused by FX Rate mis match (Mostly Intercompany ) |
HMF | High Margin File | Confirmation this is a High Margin File over 50% profit margin |
OPS | Operational Error | Service Failure due to operational errors, |
QUT | Rate Quote Error | Incorrect Quotation made to client |
REV | Revenue Only | Above 50% profit e.g., Charge for in-house customs clearance |
SSR | Strategic Sell Rate | Commercial decision has been taken to support a client for Network benefit or lane density, internal management decision on loss approval. This could also be based on Product direction to invest in certain accounts with approval. |
UTL | Utilization | BSA, LCL Groupage box, that we have committed to but utilization of the same if below Breakeven or Allocation penalty, booking cancellation fees incurred |