Budget Planning

Budget planning takes data from past shipments and uses certain rules to convert them into data about future shipping. Volumes may be changed, for example, in order to reflect seasonal patterns and fluctuations in demand.

The freight rate module allows the evaluation of different scenarios and comparing them with one another. The parameters’ sensitivity to cost results is revealed by altering them slightly.

Features

  • Manipulates past data to gain forecast data.
  • Processes various kinds of forecast data by data preparation.
  • Evaluates forecasted shipments with present and future freight rates.
  • Detects effects that result from changes in demand.
  • Compares various scenarios.