Management Dynamics introduces NVO software module
Management Dynamics, a provider of tariff and confidential contract management applications, has issued a software module for non-vessel operating common carriers to manage pricing, contracting and compliance with new regulations from the Federal Maritime Commission.
The new NVOCC Service Arrangement Module is a component of Management Dynamics' broader Rate Explorer application, which automates buy-rates, handles service trade-offs, manages transaction margins, and generates sell-rate quotes.
The software gives NVOCCS two options upon acceptance of a rate quote: self-publish the rate to their tariff, or build a fully FMC-compliant confidential contract with a shipper, which will then be filed with the Commission using the FMC's Internet-based SERVCON system.
Under recent proposed rulemaking, the FMC will allow NVOCCs to offer individually negotiated pacts with shipper customers.
Management Dynamics is based in East Rutherford, N.J.
Management Dynamics introduces NVO software module