Reinventing the Freight Transportation RFP Process

Agility, deeper data unlocks value

Online freight transportation procurement tools offer the opportunity to untangle the current mess around the less-than-truckload and truckload bidding process.

When looking for carriers in a bid for transportation sourcing, shippers and third-party logistics providers (3PLs) should focus on improving the accuracy of their data before submitting, leveraging technology to catch and correct common mistakes.

In addition, stakeholders must move the transportation request for proposal (RFP) process beyond spreadsheets and embrace online platform possibilities to competitively manage the complexity of multiple bids, streamline resources, and maximize choice and flexibility.

Top Takeaways

• Assumptions of incorrect data lead to carrier bids that plan for the worst
• Common misunderstandings and even typos can have far-reaching impacts on the RFP process
• Leveraging technology to clean data and improve analysis brings the best understanding of current market pressures to the bid and empowers carriers to assess with a more realistic risk factor

“Data cleanliness is probably the biggest problem organizations face when they’re running a bid,” and its not limited to small companies that lack TMS investment.

Download this paper and learn how using a tech-enabled freight bid system allows for more freight providers to be considered, greatly improving choice and the ability to tailor your service around more than just price.