Freight and logistics company Automating real time contract pricing for brokers shippers and 3PLs
Iviju worked with a freight and logistics company to create a real time contract pricing platform that could match shipment data, apply complex carrier and customer agreements, and generate actionable pricing intelligence at scale
97%
shipment and carrier matching achieved
98%
first pass accuracy in pricing outcomes
~100%
automation achieved eliminating errors and cost from manual intervention
- Company Freight and logistics company
- Industry Freight and logistics
- Location United States
- Engagement Real time contract pricing automation
What needed to change
After helping carriers brokers and shipper networks work through downstream pricing issues, the company saw that shipment pricing was no longer a side task. It had become a specialized discipline shaped by increasingly complex contracts, accessorial rules, repeated pricing passes, and rising administrative cost
The business wanted to deliver a standalone pricing service for brokers, shippers, and third party logistics providers using raw shipment data as the foundation for pricing and analytics. To do that, it needed a stronger operating model and the right technology foundation to define that niche
How Iviju delivered
Iviju worked with the client to create a pricing platform that automates the full contract pricing function in real time for brokers shippers and 3PLs. The platform can price 93 shipments in seconds while supporting complex customer agreements, carrier hierarchies, lane based pricing, accessorial charges, spot pricing, dedicated contract rates, and multi tier pricing models
A pricing data hub stores customer account data carrier profiles network associations contracts and rate sheet identification for each carrier and lane. The transaction layer captures incoming shipment records, validates shipment details dates charges zones and service levels, performs shipper and carrier matching through real time queries, extracts network and rate sheet data, routes matched shipments to the pricing engine, and then submits the priced transaction to downstream billing or settlement systems. The platform also integrates third party market rate data to widen comparison and supports repeated pricing when needed
Implementation specifics
- Created a pricing platform to decouple pricing from downstream billing and automate the pricing function in real time
- Used a pricing data hub to store shipper records carrier profiles network associations contracts and rate sheet identification
- Configured multiple carrier hierarchies and complex multi tier pricing models for more sophisticated pricing logic
- Used a transaction layer to capture shipment records and validate dates charges lane data service levels and routing data
- Executed real time queries for shipper and carrier matching and used account and route data to identify the correct pricing path
- Routed matched shipments to the pricing engine and returned priced transactions to downstream billing and settlement systems
- Integrated third party market rate data to widen pricing comparison and support customer analysis
- Enabled the platform to mine shipment data by geography customer group and route performance
What changed after delivery
The platform gave the company a faster and more scalable way to handle shipment pricing while separating pricing from billing and settlement. That created a more insightful service model based on raw shipment data and allowed clients to evaluate contract performance across regions customer groups and route mixes with more precision
The solution increased shipment and carrier matching to 97% and improved first pass pricing accuracy to 98% through better transaction visibility. It also achieved near full automation, reduced manual errors and cost, delivered 24 7 visibility into daily production for quality review, and made contract and rate updates easier through centralized global rate sheets
- 98% first pass accuracy
- 97% shipment and carrier matching rate
- Near 100% automation of the pricing workflow
- 24 7 visibility into daily production and quality review
- Faster contract and rate updates through global rate sheets
- 93 shipments priced in seconds
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