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| Netwise Enterprise® |
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| The Ultimate Profitability Tool |
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| Customer Comments: |
| "Since using Netwise we have seen a steady improvement in our operations. Our freight yield—a measure of revenue, cost, equipment efficiency and load balance—increased to 114 in 2003 from 89 in 2001 and average miles per truck rose to 2,575 from 2,382. Net revenue is up 4 cents a mile and loaded revenue added 3.5 cents a mile over the same period. Miles and revenue are important benchmarks because when you run 18 million miles a year, a few cents makes a big difference."—Tim Gatlin, President of Empire ExpressIDSC customer since 2001 |
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| What is Netwise Enterprise®? |
| Netwise Enterprise provides the organizational infrastructure or backbone for continuous profitability improvement for the entire organization. Netwise Enterprise supplies executives with a single view of the business so they can be confident in their decision-making and the impact of decisions on long-term growth, company productivity and customer service.Netwise Enterprise is a data mining powerhouse and all encompassing metric that performs queries to resolve critical business issues. The Netwise engine supports the continuous improvement process by focusing on root causes of poor profitability—this enables you to solve problems instead of treating symptoms.
Netwise Enterprise provides a flexible planning solution for establishing scoreboards that provide timely feedback on performance throughout the organization. In addition, Netwise Enterprise provides the framework to establish benchmarks for continuous improvement. Netwise Enterprise generates accelerated results using sophisticated algorithms that identify dedicated opportunities as well as lanes that complement the existing business.Netwise Enterprise identifies root causes of unprofitable freight and provides recommendations to make the freight more profitable by offering guidance throughout the entire organization. Whether Marketing is seeking sales planning assistance, Pricing is looking for help with shipper bid responses or daily pricing action, Operations is searching for ways to improve driver retention, or Finance is looking for a way to analyze mergers and acquisitions—Netwise Enterprise has the answers. |
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| How does Netwise Enterprise increase revenue and decrease cost? |
| Yield management is the process of managing the freight mix to maximize profits (Which shippers?, Which lanes?, What price?, What volume?). Specific steps of yield management include:
Identifying low or no-profit freight and how to fix it
Identifying high-profit freight and how to get more of it
Identifying ways to improve network balance and profits
Central to this process is the calculation of yield for each load. Yield is network-based margin per load, per day—and is a function of four factors: revenue, cost, time, and balance. A key concept in the yield measurement is the velocity of the movement of the load through the system. The faster the load moves through the system, the higher the margin per day. Focusing on velocity through the system maximizes margin per day for the entire system. It is this simple yet exact calculation that is the foundation upon which the Netwise optimization solutions are engineered.
Target, price and win desirable freight
Identify and resolve problem freight
Realize continuous profit improvement
Align organization to maximize revenue
Conduct “what if” analysis
Precise load profitability measurement
Analyze each business function to maximize profits
Identify pricing problems and adjust prices strategically
Compare current prices to market
Quick and accurate shipper bid response
Get drivers home efficiently
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| What are some of the unique functionality features of Netwise Enterprise? |
| Netwise provides the industry’s most comprehensive analysis and planning solutions that include, but is not limited to:
Yield Calculation
Historical Analysis
Pricing Simulation
Network Balance Optimization
Data Cleaning/Mining
5 Levels of Geography
Import/Export Capabilities
Bid Processing
Scoreboards
Dedicated schedules and Continuous Moves
Solicitation Guidelines
System Security
Activity-Based Costing
Flexible Report Generator
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| How does Netwise Enterprise work? |
| Netwise engineers every process to produce the most profitable load up to the point where the driver gets the work assignment. Netwise also integrates with IDSC’s suite of execution solutions designed to decrease cost in every process from the point where the driver gets the work assignment to final delivery. Netwise extracts information from the dispatch database to build the proprietary data feed. The information is then transferred to the PC workstation where the analysis is performed. A unique feature is that the entire process of data transfer and analysis can be scheduled to happen automatically. |
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| How is Netwise Enterprise implemented and supported? |
| Netwise Enterprise integrates seamlessly with your existing dispatch and mobile communications systems for fast implementation and for maximizing the return on your technology investments. IDSC offers best-in-class customer support—from implementation, to training, to compliance guidance, to day-to-day issues, to new release roll-outs. Every customer is assigned to a customer account manager to ensure appropriate attention and satisfaction. Online support is also available for documentation downloads, customer forums, and Q & A. The IDSC annual users conference offers several sessions on getting the most out of Netwise, industry-experts speak on current issues, power-users pick up and share tips and tricks and customer’s ideas are collected for future product versions. |
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| How is Netwise Enterprise different from other solutions? |
| > Cost Analysis & Modeling |
| the most comprehensive and accurate costing system in the industry allowing standard and historical activity-based costing. Netwise Enterprise applies historical and standard costs based on miles, transactions, time, commodity, shipper, consignee, division, trailer and more. Accurate estimation of costs such as trailer pools and tolls is also provided. Integration to the General Ledger is quick and easy. |
| > Historical Analysis |
| provides a precise measurement of profitability for each load which then makes it possible to determine the profitability of each shipper, business segment, etc. Problem loads and shippers are quickly identified along with how to fix the problem. Opportunities to grow and maximize profits become quickly apparent. Scoreboards are generated to guide the entire organization in continuous profit improvement. Establish scoreboards so you can provide timely feedback on performance throughout the organization. |
| > Pricing Simulation |
| automates shipper bid processing. Import and cleanse the data, apply rates and mileage, and analyze and export the bid package in minutes. By dramatically reducing the bid processing time, your employees can focus on winning the freight. It assists in pricing lanes so that they appear attractive to the shipper yet are still very profitable. A unique feature is the integration to the Market Rate Index™ which allows a quick comparison to the average rate currently being charged. Pricing Simulation makes it possible to quickly perform “what if” analysis and see the bottom line impact if rate increases are achieved. |
| > Network Balance Optimization |
| identifies the freight mix that generates the highest margin. It identifies the desirable freight and indicates the desired increase in volume. It identifies the undesirable freight and the desired decrease in volume as well as the required price adjustment necessary to make the freight desirable. It determines the new business (shipper bid) that best compliments your current network so you bid on the right freight in the right volume and at the right price. Sophisticated optimization algorithms identify dedicated schedules and continuous movements. |
| > Continuous Product Improvement and Innovation |
| IDSC has specialized in profit improvement technologies for the truckload carrier for over 25 years, serving customers representing over 70,000 power units and the "Top 100" carrier market. IDSC is recognized as a pioneer in the industry and for developing innovative software technologies that include the first power-to-load match optimization introduced in 1978 and the first fuel optimization program introduced in 1994. IDSC is committed to providing customers with a strategic advantage by accelerating profitability through the use of optimization-based decision support planning and execution software. Every solution from IDSC is engineered with over 100 years of industry expertise combined with the most sophisticated information technology. |
| > Robust Reporting |
| Netwise generates multi-layered reporting for extensive data mining. The Report Generator produces over thirty standard reports and graphs, giving you quick access to needed information. Custom reports are easily and quickly generated. |
| > Seamless Integration to Dispatch and Mobile Communications Systems |
| All of IDSC’s solutions are pre-integrated to industry leading dispatch systems (Tom McCleod Software, Innovative Computing Company, Maddocks Systems, Showme Software & TMW Systems) as well as industry leading mobile communications systems (Qualcomm, Aether). A seamless integration results in a fast and worry-free implementation—and a faster return on investment. IDSC also offers integration to custom systems as well. |
| > Netgraf Graphical Information Display |
| Your solutions are powerfully displayed with Netgraf, IDSC’s universal graphical interface, allowing you to get a global view of all activity or to zoom in on a specific area of activity. |
| > Integration to IDSC Product Suite for Greater Synergies |
| As with every software module from Integrated Decision Support, Netwise Enterprise integrates with our entire product suite for a complete end-to-end planning and execution transportation management system designed to accelerate the profitability of your fleet. For more information, contact us toll-free at 877-671-0045 or email us at sales@idscnet.com. |
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