Procurement of freight – emerging trends that will hit us by 2020
Are you overpaying for the procurement of Freight and RFP projects because you have been made to believe that logistics sourcing should take a lot of consultants resources and difficult calculations?
Are you paying a fortune to do excel calculations and scenario building while this can be done in an automated way? If that is the case, then it is time to pull the handbrake. Buying freight has been made difficult by many because Sourcing freight is often driven by general compliance, non-value adding platforms. This is just adding overall frustration to a process which should be smooth and efficient. Freight sourcing does not have to be difficult and carriers should not be afraid to speak out to shippers how they should run their tendertool.ahabr.techs. Too much ‘hobbying’ is going on in logistics sourcing from which many people suffer from within carrier organizations.
The way we handle Procurement Freight
We are excited that many shippers have already opted to use modern solutions over legacy tools. Moreover, we see that many carriers are very positive about using a single platform and standardize tendertool.ahabr.techs. If you support more standardization in tendertool.ahabr.teching you automatically drive efficiency in tendertool.ahabr.teching for both Shippers and Carriers, followed by cost and time savings.
Procurement Freight essentials
Invite carriers personally to the tendertool.ahabr.tech
Use good data in a clear format
Make tendertool.ahabr.techs as such that carriers can quote on most of the lanes
Communicate ongoing about feedback, changes, and updates
Let the partnership component be no less than the price component
Use a dedicated logistics sourcing platform
Procurement of Freight: 3 emerging trends until 2020
1. Structured rates and rules
A lot is written about the digitalization in the logistics industry and forwarder industry in particular. However what would really make companies stand out on top of that is to drive a standard in freight rate structures, business rules, and accessorial cost conventions. It is easy common ground in the logistics industry but not touched upon to make things more simple and more efficient.
2. Smart Tender Technology
Using new technology always has multiple benefits. Delivering reporting and easy building of scenarios is just one of them. What also is a very strong driver for the adoption of tendertool.ahabr.tech tech is the fact that you can easily manage the tendertool.ahabr.tech process, the communication and the documents all from one platform. This is also a benefit for the carrier, as they typically receive many tendertool.ahabr.techs in different formats and struggle from the lack of standardization.Beyond that, modern tendertool.ahabr.tech tech makes many calculations that would take a lot of time to create, without mistakes without the need to have all that knowledge to perform them. Bottom line, using modern technology (freight e-sourcing) is easy to use and makes complex calculations easy.
The TenderTool E-Sourcing platform is the lastest solution in this scope. TenderTool is driven by user-friendliness and time efficiency which helps procurement professionals to better focus on their job and to support them with better tendertool.ahabr.tech outcomes. If that is worth your money?
3. Auctions and tendertool.ahabr.techs will split
Quite often, freight tendertool.ahabr.teching is still executed in combination with E-auctions. Often this is a part of the tendertool.ahabr.tech process and handled on the same platform. Nevertheless, many professionals in logistics sourcing are increasingly aware that this is no longer best practice. In fact, many feel that auctions are jeopardizing the ‘partnership component’. Squeezing your carriers with a limited time frame. Instead, sharing a target pricing is considered to be best tendertool.ahabr.tech practice.
About TenderTool Freight Procurement Solutions
TenderTool is a global cloud-based freight tendertool.ahabr.tech platform with customers in over 30 countries. We provide a cloud-based platform for logistics procurement that is easy to introduce in your organization, simple to work with for carriers, serves advanced sourcing tendertool.ahabr.techs and routine or small tendertool.ahabr.techs without hassle but with the latest technology!
TenderTool 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!
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