SMC3 (www.smc3.com) has been honored with the 2024 Top Product Award by Heavy Duty Trucking (HDT) for its Dynamic PriceBuilder® application. Recognized for its innovation and capability to address industry challenges, Dynamic PriceBuilder® combines a carrier’s unique cost model with a robust business rules engine, facilitating real-time price generation and offering potential improvements to fleet profitability.
We are honored to be recognized for our innovative solution that enables LTL carriers to swiftly adapt to dynamic market demands,” said Brian Thompson, Chief Commercial Officer at SMC3. “Dynamic PriceBuilder® stands out as the sole commercially available dynamic system that considers a carrier’s specific costs when determining rates. By integrating a carrier-managed business rules engine with SMC3’s Cost Intelligence System (CIS®), we provide LTL carriers with rapid, targeted, and precise analytics, enhancing their agility with dynamic pricing.”
The Dynamic PriceBuilder® solution delivers immediate benefits by offering enhanced visibility into load-level costs, pricing, and profitability. This enables carriers to quickly provide customer-specific pricing on a shipment-by-shipment basis, with the flexibility to update data as frequently as needed. This dynamic approach empowers carriers to make informed pricing decisions, managing yield versus volume through on-demand control pricing and accessing levers such as location, weight, density, day of the week, and calendar date.
With the ability to target multiple customer segments and customize accessorial charges by terminal, lane, location, weight break, and more, Dynamic PriceBuilder® provides a comprehensive pricing strategy. Hosted on SMC3’s fully hosted platform, the solution offers high-speed, secure API connectivity, ensuring scalability to handle high quote volumes from the largest 3PLs and shippers. With 100% service reliability, carriers can simplify quote generation, retrieval, and reporting tasks, gaining confidence in their pricing strategy.
To learn more about the Dynamic PriceBuilder Solution, contact the SMC3 team.
About SMC³
With its range of transportation technology solutions that integrate seamlessly into current business systems, SMC³ supports customers as they grow, whether they’re dealing with 10 or 10,000 freight movements per day. Carriers, shippers and 3PLs use SMC³’s peerless solutions to optimize their freight spend, achieve unrivaled shipment visibility and streamline their transportation planning, saving time and money on their supply chain requirements throughout North America. To learn more about SMC3’s Dynamic PriceBuilder solution, visit https://www.smc3.com/dynamic-pricebuilder.htm.