In Australia and New Zealand, freight tenders are increasingly becoming a digitalized process, managed in the cloud. Time for our Freightender experts to share why.
Many organizations realize that Excel-based freight tenders/procurement require too many FTE-hours compared to the digital variant. It’s, therefore, causing the traditional (home-grown Excel) freight tender process to become too expensive in relation to the usage of a dedicated E-sourcing tool for freight.
Different size different gain
Large corporations are now moving away from all comprising generic procurement platforms to run big tenders. Due to growing Supply Chain complexity, more industry-specific solutions that give more value and flexibility are preferred. Often at a better price too. Smarter tenders mean also doing smaller tenders in a shorter time frame.
Better data, better savings
In freight tendering, one core element is often not taken into account leading to difficulties: supplying carriers with clean data. This seems to be an issue in the majority of tenders. Having good data via TMS, Freight Audit or ERP should be a strategic objective for Shippers. Unfortunately many are not there yet. Leaving savings and valuable business intelligence on the table.
Better communication and documentation
Tenders are lengthy and often complex. This complexity means that you must communicate more and more during the tender process, resulting in a time-consuming task that becomes unmanageable via the phone or mailbox. communication and documentation tracking, storing and execution should be run in one, single platform. As a result, procurement and tender managers can save time and effort. Next to that, the quality of a tender is guaranteed as all the documentation & communication is stored inside the platform.
Better Rate Cards and Baseline set up
Many rate cards contain too many accessorials that are proprietary to a carrier but which can be harmonized across the carrier base leading to fewer accessorials and a better structure. At the same time rate cards often lack clear instructions on rules for weight and currency conversion, calculation and rounding and last but not least how shipments need to be consolidated.
How to go digital with freight tenders
Freightender is the most intuitive, cloud-based freight sourcing tool available in the market. Typically, we reduce the time spent on a tender by 90%. We have automated many calculations and excel-related actions that you don’t have to do anymore. Next to that, communications and management of the data flow with the carriers go via the platform and not via your e-mail box.
Contact our team for more information or a personalised live demo, Make your freight tenders faster, more effective and more efficient. Your bottom-line savings depend on it!
About Freightender – Freight Tenders in the cloud
Are you having a hard time explaining why you need to pay so much for outdated freight tender tools? Try new technology, cloud-based, intuitive and flexible at a fraction of the price of the old skool tools with better features and functionalities. Making the case for using Freightender is easy as we use the latest technologies to make tenders flexible, efficient and smooth. Making the business case for using any tool is even easier. If you are a midsize company or large corporate and still tenders are only being done via homegrown excel files and macro’s, then obviously you are far from best practice. Freight tenders can be standardized to a high degree while putting the shipper in control of rate cards and delivering enormous time savings and automating scenario building.
