THE CLIENT: Singapore based freight forwarding start-up, looking to digitize and improve freight forwarding quotation process.
THE NEED: To get funding from Venture Capitalist (VC), the start-up client needed a prototype (proof-of-concept) product that would meet the initial requirements of digitizing and improving freight forwarding quotation process to reduce turnaround time, which could then further be developed and marketed as a SaaS (Software-as-a-Service) model to their customers.
THE SOLUTION: Tapping on ALPAC’s extensive supply-chain experience, a prototype was designed that met various requirements, such as:
- Type of service (FCL or LCL)
- Port Loading & Port Discharge – P2P or D2P or D2D or P2D
- Cargo Details – FCL 20/40/40HQ/etc. or Loose Cargo Load with dimensions, weight, etc.
- Commodity Type
- Cargo Ready Date
Pricing Matrix is presented to the customer for P2P based on multiple Shipping Lines, Cutoff date, Ship-Date, Transit Time, Arrival Date, etc. Based on the chosen quote, customer is then presented various payment methods and finally various BOL (bill-of-lading) documents are prepared for the customers.