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.