For many shippers, the freight tender season for ocean shipping rates has opened. Never before was the market so thrilling, unstable and unpredictable. High time for (international) shippers to equip themselves with the latest technology for a successful RFQ process. In this blog, we list the benefits for Logistics using E-Procurement solutions for logistics tendering
Logistics Tendering is, besides being a rather foggy game, a very labour-intensive process for many logistics/procurement departments in the industry. Therefore, guidance and assistance in the form of software are nowadays very usual.
Furthermore, logistics tenders are for most companies a recurring process. Most shippers run multiple tenders per year, every year. So let’s take a look at some of the best practices currently available in the cloud.
7 Logistics E-Procurement functions shaking up the freight tender software industry
- No training needed versus Instruction manual
Running your Freight Tender process via the cloud means that your tender becomes transparent and manageable. Not only for the shippers but for carriers as well. For both parties, no training is needed. Modern, cloud-based Logistics E-Procurement platforms work completely intuitively.
- Easy to use versus Difficult to use
Keep in mind that modern tools have shifted all the complicated procedures to the background. You, as a Tender manager, are no longer spending your valuable time managing all the different streams of data, information and communication. It all happens inside the cloud, where you store your data, communicate directly with your suppliers and run benchmarks and scenarios in just a few clicks.
- Friendly user interface versus Hard to understand the terminology
When we created the idea and design for Freightender, we set out to take away the pain and frustration in tendering as that is common ground for both shippers and carriers. In general, freight tenders are massive time absorbers. For suppliers and shippers. For air, sea, and road freight, even small-sized tenders are time-consuming. Next to that complex process, the tools available in the market are often too complex and not standardized. Take for instance the side of logistics service providers. They receive an enormous amount of tenders and they all come in different formats. Impossible to manage, not to mention to participate in all of them.
- Superfast versus Slow
Fast Excel calculations, data uploads and reporting. No longer you have to build your own formulas. Instant analysis functions on the fingertips and always the data super-fast available. E-procurement means instant access and instant results.
- Easy do-it-yourself analysis versus Expensive Consultants
Newer platforms in the market allow you to easily create and manage small or large tenders online. These tools give you the functionality to run small benchmarks. You don’t need Excel wizards anymore or expensive people that make the calculations for you.
- Dynamic Business rules set-up versus Hope you are an IT wizard
Freight is unique and so is freight procurement. The quality of the tender, quotes and output highly depends on the quality of the data provided. And moreover, the business rules you apply in the cost-setup. The gathered data is the basis for the cost simulation, reporting, and analysis part, so remember that that overall success depends on quality data input. One cell with inaccurate data could cause overall results to not function. Or give the wrong picture. Freightender allows you to create market standard rate cards. During this process, you set specific business rules. This way you fully cover all the elements that you have to agree upon with your suppliers.
- Plug and Play versus Wait for the next programming cycle
Freightender saves you a lot of time and money by doing all the labour-intensive work for you. Many carriers, shippers, and consultants already rely on Freightender to improve their tendertool.ahabr.tech processes.
About Freightender logistics sourcing
Freightender was launched in 2015 and already works with many large multinationals, consultancy organizations, and forwarders that benefit from the specific logistics e-procurement set up of our system. The web-based platform takes care of all calculations, analysis and reporting of tendertool.ahabr.tech data which saves a lot of time. Next to that, it runs the full tender process and gives visibility into each step of the process. If you would like to have more info, let us organize a free, online demo for you and your team which would be an hour very well invested.