How to enable shippers to reasonably control transportation costs during the annual bidding process?

For logistics managers of shippers, annual bidding projects are always a headache. Where to find new partners? How to evaluate the service level of a new transportation company? How to reasonably reduce logistics costs in new bidding? These are all issues that must be considered. On the other hand, when facing new business opportunities, how can transportation companies ensure benefits and facilitate cooperation in bidding quotations? How can we fully demonstrate our service capabilities? It's also a difficult problem.

Year after year, with these doubts and anxieties, logistics bidding seems to be continuing smoothly. A logistics manager of a company once said, "I don't know for sure whether my shipping costs are too high or too low. What I do know for sure is the value of my goods." However, carriers have to frequently test the bottom line of the shipper in order to facilitate an order. In order to break through such information blind spots, oTMS has launched an online freight bidding system solution. The five step strategy of "data analysis - visual optimization plan - online bidding - real evaluation - cost reduction and efficiency promotion" brings a brand new experience.

Firstly, oTMS starts with the actual operational data of shippers, sorts out the layout of existing transportation networks, allocation of transportation resources, and pricing systems, identifies areas for improvement in past transportation pricing systems, generates multi-dimensional "transportation views", and provides visual global data analysis reports.

Secondly, oTMS provides a powerful online bidding system to help shippers set up actual bidding plans, immediately invite multiple potential carriers to participate in bidding online, set the bidding project time, and allow carriers to participate in multiple rounds of quotation, negotiation, and price adjustment bidding. The final locked quotation can directly generate effective price files to achieve a complete closed loop of subsequent operation monitoring, reconciliation, and freight settlement.

-Make bidding for shippers more controllable and traceable

-Flexible selection of invited carriers to participate in bidding

-Meet the requirements of different pricing structures such as different routes, tiered pricing, and additional costs

-Support the export of carrier quotations and batch adjustment of carrier quotations

At the same time, oTMS can assist shippers in simulating different carrier quotations and exporting "cost perspective" data dashboards during the bidding process, providing strong support for shippers' final bidding decisions. It can also more conveniently quantify the actual cost changes during the operation phase.

OTMS online bidding adopts a unified online quotation format, avoiding the mode of separate bidding in carrier quotations. With a standardized quotation mode, it brings comparison and optimization of rates, gradually accumulating KPI data, and providing competitiveness for high-quality carriers; Real waybills provide specific and quantifiable logistics cost references for carrier quotations, laying a solid foundation for win-win cooperation.

Has everything ended after the online bidding process is completed? On the oTMS cloud platform, this is not the case. The completion of bidding marks the true development of transportation business. The system itself has strong transportation collaborative management capabilities, and it manages the actual transportation execution in real-time and accurately. High quality carriers not only showcase their prices and service levels in bidding, but also accumulate daily operational performance data to comprehensively and deeply showcase their advantages. The one-stop transportation service capability of oTMS will undoubtedly become a priority partner for enterprise transportation management.

A well-known large company successfully reduced logistics costs by 6% in 2016 by utilizing oTMS as a service to effectively optimize transportation network configuration issues. The rapid development of oTMS in the past two years has connected a large number of well-known domestic shippers and accumulated numerous high-quality transportation companies. Only enterprises that continuously optimize and challenge can develop in this era in the long run, continuously upgrade logistics transportation services, and provide more and better business opportunities for participants in the entire logistics chain, jointly promoting the healthy development of the logistics industry.