Allegro
Development Corporation, a leading provider of energy trading and
risk management (ETRM) software, announced today the release of Allegro
Logistics 8.1, a component of the Allegro 8 platform that provides
comprehensive management of multi-mode commodity transport. With
automated processes for routing bulk and liquid commodities across
multiple carrier modes, customers gain visibility into positions,
inventory, exchange balances, product qualities, demurrage, and shipment
costs. This maximizes scheduler productivity, provides transparency into
transportation and logistics costs, and supports asset optimization.
Managing the complexities of physical commodity movements can be a
challenging and costly aspect of business for energy companies,
especially if operations involve global activity and multiple modes of
transport. Companies need the transparency and tools to effectively
manage physical positions and the transportation and storage of crude
oil, refined products, coal, agricultural products, and others assets.
For more than two decades, Allegro has offered logistics management
software with its Truck, Rail, Pipeline, Barge and Vessel components.
Logistics 8.1 is a single component that combines the capabilities of
all prior Allegro logistics components and adds advances in multi-mode
logistics management. A significant business benefit for customers is
that any customer using one of the prior logistics components now has
access to the capabilities of all components -- with no additional
software license fee for the new or additional logistics capabilities.
Logistics 8.1 tracks all counterparties, contracts, shipments, tariffs,
fees, and product quality and offers efficient workflows to support
schedulers and logistics personnel in achieving timely and accurate data
entry, scheduling, and actualization. With the ability to see intermodal
logistics in a single view, this Allegro 8 component provides:
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Greater staff efficiency with streamlined planning and automated
shipment creation based on pre-defined routes
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Greater profitability and more favorable dispute resolution with the
ability to calculate demurrage and despatch on shipments and
comprehensive claims management through the negotiation and settlement
process
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Reduced logistics expenses with the ability to control timelines and
costs by anticipating delays and proactively managing inventory
shortages and bottlenecks
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Enhanced decision making with improved shipment valuation and the
ability to evaluate segments of activity by filtering information to
view data for a single commodity, carrier mode, or geographical region
About Allegro
Allegro is a global leader in energy trading & risk management solutions
for power and gas utilities, refiners, producers, traders, and commodity
consumers. With more than 27 years of deep industry expertise, Allegro’s
enterprise platform drives profitability and efficiency across front,
middle, and back offices, while managing the complex logistics
associated with physical commodities. Allegro provides customers with
agile solutions to manage risk across natural gas, power, coal, crude
oil, petroleum products, emissions, and other commodity markets,
allowing decision makers to hedge and execute with confidence.
Headquartered in Dallas, Texas, Allegro has offices in Calgary, Houston,
London, Singapore, Sydney, and Zurich, along with a global network of
partners.
