Solvo.ai - Price Optimisation for Freight Forwarding
Solvo.ai is a cutting-edge platform that combines artificial intelligence with human expertise to revolutionize the freight forwarding and shipping industry. By focusing on price optimization, Solvo.ai empowers businesses to make efficient, profitable, and confident decisions at scale.
Key Features
- Increased Quotation Efficiency: Automates the handling of customer requests, speeding up the process and controlling pricing policies.
- More Adaptability and Resilience: Provides dynamically updated price suggestions and leverages active learning from real-time market feedback.
- Improved Yield Performance: Offers clear commercial steering and data insights to help businesses grow and protect their margins.
Use Cases
Solvo.ai's AI models, trained on real data, guarantee robust and powerful performance. With over 23 trade lanes, 243 air & sea port pairs, and handling millions of TEUs and air metric tons, Solvo.ai has a proven track record in the industry.
Pricing and Performance
By analyzing customer behavior, real-time market feedback, and commercial objectives, Solvo.ai enables freight forwarders to offer dynamic prices that respond quickly to market conditions. This proactive approach not only aligns with strategic objectives but also ensures faster recovery from disruptions.
Advanced Pricing Solutions
Solvo.ai's solution has demonstrated the ability to boost KPI performance while maintaining customer conversion levels. It has proven faster recovery from disruptions while managing acceptable risk levels, offering a potential uplift in GP and a 30% faster recovery from disruptions.
Strategic Goals Alignment
Solvo.ai provides bespoke, insights-driven, dynamic price recommendations at scale, aligned to strategic goals. By tailoring, assessing, and deploying pricing strategies, businesses can enhance quotation performance and deliver a future-proof pricing strategy adaptable to market changes.
Conclusion
Solvo.ai is not just a tool; it's a comprehensive solution that transforms the way freight forwarders approach pricing. By integrating domain expertise with machine learning, Solvo.ai ensures businesses are more efficient and profitable, ready to tackle the challenges of a volatile market.
