The cargo shipping industry benefits from the lessons learned
by revenue management in the passenger transportation industry. Building
on the passenger industry’s collective experiences, the cargo
industry has established the infrastructure to support the implementation
of revenue optimization solutions. Cargo carriers now quickly
can implement pricing analytics, pricing execution, and revenue
optimization products with a level of sophistication that previously
took the passenger industry decades to achieve. This
fast-paced growth in complexity of the cargo industry pricing realm
has required increasing demands on cargo carriers’ network
and pricing decisions in order to remain competitive. Innovators
in the cargo industry are using the PROS Cargo O&D RMS solution
to maximize revenues.
PROS Cargo O&D Revenue Management Solution
The PROS Cargo O&D Solution provides full network cargo revenue
optimization and the dynamic economic evaluation of every shipment
at time of booking. The solution supports short-term sales pricing,
short-term ad hoc pricing decisions, and medium-term capacity allocation. PROS
Cargo O&D supports management of domestic and international
cargo business models, freighter and air carrier belly capacity,
containerized and bulk cargo, marine transport, trucking networks,
as well as alliance partners and blocked space agreements.
Pricing Analytics
- Identifies profitability of shipments by origin, destination,
product, route, and customer
- Monitors forecasts, allocations and revenue performance
- Supports What-If analysis of multiple scenarios after the application
of external influences
Pricing Manager
- Provides decision support for overbooking and hurdle
rate decisions
- Provides user influences to impact final controls
Deal Manager
- Provides availability processing
- Provides spot pricing guidelines for one-time deals
Revenue Optimization
- Optimizes network contribution
- Determines optimal overbooking levels
- Determines optimal hurdle rate controls
To learn more about the opportunities to achieve
Pricing Excellence, please contact
info@prospricing.com or
call our sales team at +1 713-335-5277.
Financial
Services | Cargo | Auto
Rental | Leased
Properties
