One of the biggest challenges of logistics in the Philippines is the large imbalance between the supply and demand for delivery vehicles. The supply of delivery vehicles is fixed, yet the demand varies greatly depending on the time of year.
For example, the Christmas season is a period of remarkably high demand for delivery vehicles. To a similar but lesser extent, the last week of every month is also a period of very high demand. On the flip side, the months of January and February and the rainy season are typically low-demand seasons wherein many drivers, and delivery vehicles are underutilized.
During periods of high imbalance between supply and demand, our app may adjust pricing upwards or downwards depending on the season and time of day:
(a) The pricing in the Transportify App will be HIGHER during high-demand periods, particularly in Christmas time and the later part of summer due to increased demand. The increase in price will be displayed as a “Demand Adjustment.”
(b) The pricing in the Transportify App will be HIGHER in the early morning, between midnight and 6 AM, for immediate or quick bookings due to the scarcity of available drivers. The increase in price will be displayed as a “Demand Adjustment.”
The algorithm that determines the price adjustments is based on historical data.
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