In any business or undertaking, there is a proverbial advice to always count the cost ahead of time. It is a timeless advice heeded even by ancient builders and kings before they undertake a large building project or go to war in that order. In the maritime supply chain business, it is vital for success and profitability that you count all possible costs including demurrage expenses against your projected revenue before leaving the port. This is the main reason why modern shipping companies are equipped with voyage calculation systems and other liner shipping software solutions.
Voyage calculation is a complex process where a lot of factors such as distance, load, weather, and sea condition are taken into account. Doing it manually requires a lot of effort and will expose your shipping operations to costly errors. Good thing, you don’t have to rely on spreadsheets and complex systems anymore with voyage calculation software.
Fully integrated shipping software ensures maximum efficiency when assessing the impact of different voyage options. It is not only faster and more accurate; it makes all other shipping tasks easier and more organized. Here are just some of the most outstanding benefits of voyage calculation software:
1. Easy to install.
Like in any other liner agency software solutions, this software does not require advanced IT skills to install. In most cases, it is as simple as following on-screen instructions and you’ll be up and running in minutes.
2. Generates comprehensive calculation.
It is easier to make decision when you have all the pertinent data available. Voyage calculation software takes into account integrated voyage distances, arrival time, loading/unloading costs, bunker /port costs, canal fees, draft, vessel speed, oil consumption, and bad weather allowance. It also supports calculation and analysis of revenues, running costs, and expenses.
3. Supports simultaneous calculations.
To maximize profit, you can run several calculations simultaneously and identify options with best commercial value.
4. Accurate calculations.
As with all other types of shipping company software, all input data are carefully validated so you can avoid potentially expensive miscalculations.
Voyage calculation is a complex process where a lot of factors such as distance, load, weather, and sea condition are taken into account. Doing it manually requires a lot of effort and will expose your shipping operations to costly errors. Good thing, you don’t have to rely on spreadsheets and complex systems anymore with voyage calculation software.
Fully integrated shipping software ensures maximum efficiency when assessing the impact of different voyage options. It is not only faster and more accurate; it makes all other shipping tasks easier and more organized. Here are just some of the most outstanding benefits of voyage calculation software:
1. Easy to install.
Like in any other liner agency software solutions, this software does not require advanced IT skills to install. In most cases, it is as simple as following on-screen instructions and you’ll be up and running in minutes.
2. Generates comprehensive calculation.
It is easier to make decision when you have all the pertinent data available. Voyage calculation software takes into account integrated voyage distances, arrival time, loading/unloading costs, bunker /port costs, canal fees, draft, vessel speed, oil consumption, and bad weather allowance. It also supports calculation and analysis of revenues, running costs, and expenses.
3. Supports simultaneous calculations.
To maximize profit, you can run several calculations simultaneously and identify options with best commercial value.
4. Accurate calculations.
As with all other types of shipping company software, all input data are carefully validated so you can avoid potentially expensive miscalculations.
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