Bid$ense: Streamlined Transportation Sourcing

This paper details how using Bid$ense leverages SMC³’s lifetime of transportation purchasing knowledge, allowing customers to incorporate pricing, claims ratios, on-time performance and transit times into their LTL bidding analysis.

In Procurement, Total Visibility is Key

Transportation procurement is an integral part of the modern supply chain, and success requires a strategic implementation plan.

Shippers and 3PLs focused on optimizing the RFP process turn to Bid$ense, a cloud-based solution for transportation sourcing, bidding, and pricing negotiation for LTL transportation.

Manually handling strategic sourcing events not only costs significant time and money, but it can lead to aggravation when choosing from a small pool of potential carriers.

In fact, without the ability to accurately assess carriers’ complex services and fees, any procurement professional is essentially operating blind.

When procuring transportation services, keep these tips in mind:

  • Securing the cheapest carrier pricing can easily mean choosing the wrong carriers; overspending; poor carrier service; increased claims or late payments; and even undermined profits and diminished corporate credibility.
  • The hidden value and efficiencies different carriers provide are invisible, making it difficult - at best - to build core carrier relationships or successfully secure reliable capacity over the long term.

Using Bid$ense to automate bidding widens the scope of each sourcing event.

By adding more carriers, shippers increase competition, which can lead to a more aggressive RFP process.

In addition to finding the optimal carriers, past Bid$ense users save an average of 15 percent on RFP events.


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