Managing your business amid the regular fluctuation of fuel prices can be daunting, especially when your margins are already tight. Ensuring that these changing costs don’t eat into your profits or leave your pricing outdated requires a strategic approach.
This is where Boltrics’ Advanced Fuel Clause Surcharge functionality steps in, offering a powerful solution to mitigate the impact of fuel price volatility.
Advanced Fuel Clause in 3PL Dynamics: A Flexible Solution
The Advanced Fuel Clause Surcharge functionality within 3PL Dynamics is designed to provide a flexible mechanism for handling the impact of fluctuating fuel prices on logistical costs.
By establishing a base price and implementing customizable rules, businesses can adapt to the dynamic nature of fuel costs, ensuring precise and responsive adjustments.
Scenario 1 – Match Method: Precision in Calculation
In this scenario, the calculation method matches the fuel prices listed, serving as the basis for surcharge calculation. Users can select the date from which the surcharge should be calculated, ensuring accurate adjustments in response to fuel price changes.
Scenario 2 – Any Method: Immediate Adjustment
Here, the calculation method “Any” triggers an immediate increase in the surcharge percentage with any change in fuel price, ensuring swift adaptation to market fluctuations.
Scenario 3 – Main Fuel Clause Reference: Integration with Existing Systems
This scenario highlights the integration capability by demonstrating how fuel prices and main fuel clause surcharges align when a main fuel clause reference is specified.
Scenario 4 – Fixed Percentage: Streamlined Calculation
For cases where a fixed percentage suffices without further calculations, the “fixed” method simplifies the process, applying the specified fixed percentage directly without additional validation.
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