Cost Intelligence System Cost Intelligence System
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Software for the Transportation Industry

SMC3's advanced transportation profitability software, the Cost Intelligence System, has gained wide acceptance among leading less than truckload and truckload carriers. In addition to the products shown below,SMC3 offers custom programming and other analysis programs.                  

LTL

The LTL Cost Intelligence System is comprehensive carrier profitability software developed by SMC3 that is customized for carriers providing LTL service via a terminal network. CIS combines carrier traffic and financial information with carrier-specific and industry performance standards to develop the cost of individual shipments. The system processes freight bills or user-built shipment description files to provide accurate and specific costing data for pricing, traffic analysis, profitability analysis and productivity analysis.                  

TL

SMC3 has the only true activity-based costing system for truckload carriers that reconciles back to the user’s accounting and finance, operations, sales and marketing data. It provides the quantified cost and profit information directly and indirectly related to each activity, dispatch and load to give users the tools to take the actions need to improve their profits.

Traffic

An extension of either LTL/CIS or TL/CIS, this system routinely costs all traffic in each accounting period via interface with both cost and customer profiles. The result is a costed data warehouse along with standard monthly reports for account and freight terminal profitability. The costed database can be used for analysis of virtually any traffic breakdown to enable users to "zero-in" on both profitable and unprofitable traffic segments. Traffic segments can also be re-costed under other "what-if" scenarios to enhance decision making and shipper negotiations.         

Pricing

LTL shipment costing with either the network or load-to-ride systems can be integrated with Rateware XL to calculate the revenue of each costed shipment.

ProfitCenter

ProfitCenter/CIS is a module of the Cost Intelligence System that produces freight terminal profit and loss statements with accurate allocation of revenues based on the standard costs for each shipment handled. Traditional terminal P&L statements have always suffered due to revenue-allocation inequities. This is because the terminal P&L statement relies on a fixed division of revenue between the origin and destination freight terminals, as well as allocations of re-handling (breakbulk), linehaul and other non-terminal expenses.                  

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