Sorry, no time, we have a freight tender coming up!

Sorry, no time, no platform and we have a freight tender coming up!

Many shippers organise freight tenders at least once a year. In order to select new carriers or to make sure they pay the right price for transportation contracts. For most logistics managers it is not an exercise to look forward to as it does not fit into their daily routines. Moreover…it takes quite some effort. And they have no access to tools, platforms or other digital freight tender solutions. This id often where the trouble starts…

Before you can actually start tendering freight, there are several preparations to be made. First, you need to define scope, select carriers you want to invite, and most of all get the right data out of the organisation that the carriers can use to quote on. That is only for starters…

Time to Tender Freight

Once you start the process you need to manage the responses and the communication with the carriers. Next, you must engage with the freight rates analysis and the eventual selection and contracting part. Managers tend to go AWOL from their usual work just to manage this as it typically takes more time than expected.

Manual Freight Tender process

For many organisations, the centrepiece of this whole exercise is the good old Excel. The spreadsheet workhorse that is being used in its simplest form or in its’ tuned and templated form by the logistics managers who have worked out a standard for their tenders. But that is often as far as it goes.

It is interesting to understand the internal costs associated and what it ultimately delivers. Many costs are hidden. For example:

Gathering data, communication about the data, internal discussions, setting up the scope documents, the instructions and requirements. It takes a lot of time from different people and that is typically not quantified.

So bottom line…managing a freight tender can be cumbersome and very time-consuming. Having a tool that supports these functions and that makes transportion tenders more rewarding exercise is what many logistics managers are looking for. Based on this demand, Freightender supports tender projects for all shipping modes. Including parcel freight tenders. Visit our freight tender solution page to learn more about our platform.

Freight Tender Solution for Logistics

Freightender has come up with a very simple to use but comprehensive platform. This cloud-based freight tender platform saves you a lot of time while making tenders a lot less complex. Automated calculations, status dashboards, easy generation of shipment profiles and scenario building at your finger tips are just some of the unique features Freightender offers.

Freightender was made by logistics professionals for logistics professionals. If you like to learn more about the tool contact us and check our free trial.

 

Pieter Kinds

Pieter Kinds

CEO Freightender.com

Freightender is the standard in freight tendering. It makes the tender process lean, smarter and much faster. 
Fully cloud-based. Curious? Request a free live demo and join the Freight Tender Revolution!

Schedule Demo Freight Sourcing

Schedule Demo RFQ Management

Freightender at the Transport & Logistic 2023 in Munich

Freightender, a leading provider of digital freight procurement solutions, is excited to announce its participation in the upcoming Transport & Logistic 2023 exhibition to be held in Munich, Germany. The event, one of the largest trade fairs for logistics and...

Unlock the Secrets of Successful Transport Procurement

When it comes to transportation, it is important for companies to secure the most cost-effective and efficient solutions. One of the most important steps to achieve this is through transport procurement. Transport procurement is the process of sourcing the most...

A holistic approach to logistics procurement, what is that?

Logistics (procurement) has changed in the last couple of years as we all know. The volatility in capacity and pricing is also affecting how companies buy freight. Prices are no longer being kept stable without any change for a year or even two years. This has...

European road transport rates reach record levels

Rates in European road transport are breaking records. This according to the  Road Freight Rate Benchmark study, conducted by industry association IRU, research firm Transport Intelligence (TI) and transport platform Upply for the second quarter of this year....

Ocean freight RFQ: 3 experts tips for professionals in 2022

How can you run a successful freight RFQ? In this ultimate ocean freight procurement guide, we share 3 key topics to get in order before sending your tender: good communication, solid logistics data and dedicated and modern technology (freight procurement platforms)....

Freight Auditing: a critical component of the solution, not just a marketing gimmick.

Auditing invoices in logistics is not sexy, but it offers a key to many challenges. In this article, I dive into this somewhat obscure niche. What is freight auditing? So what is freight auditing? It's simply the conceptual term for various processes performed to...

NVOCC pricing vs Freight Forwarder pricing

Is the distinction between NVOCCs and freight forwarders significant? This is a common question, therefore we decided to investigate it further in the following post. Read on to learn everything there is to know about NVOCCs, including their responsibilities,...

Road freight tenders: postpone due capacity crisis in logistics?

People in shipper organizations wonder if they need to postpone road tenders as there is talk about capacity issues everywhere and apparently carriers don't respond to tenders. The worry is right as the logistics world has changed but of course, you should tender if...

Pricing management in Logistics: Lever with the highest impact on profit

The relevance of profitable freight and logistics pricing strategies is highlighted by the combined effects of increasing industry competitiveness and rising transportation costs. By now the logistics industry is in turmoil for well over a year with no relief in sight...

Tender Management: Why the future is digital

Customers want to acquire freight or negotiate freight rates, so they send out a tender or RFQ to a group of forwarders or carriers who wish to participate in the process. This is straightforward and transparent. The process behind it is less visible and can be found...