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

For logistics managers of cargo companies, annual bidding projects are always a headache. Where can they find new partners? How to evaluate the service level of a new transportation company? How to reasonably reduce logistics costs in new bidding? All are issues that must be considered. On the other hand, how can transportation companies ensure benefits and promote cooperation in bidding and quotation when facing new business opportunities? 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 smoothly continuing. A logistics manager of a company once said, "I don't know for sure whether my shipping fee is too high or too low. All I know for sure is the value of my goods." And carriers have to frequently test the bottom line of shippers in order to facilitate an order. In order to break through such information blind spots, oTMS has launched a freight online bidding system solution. The five step strategy of "data analysis - visualization optimization plan - online bidding - real evaluation - cost reduction and efficiency promotion" brings a new experience.

Firstly, oTMS starts with the real 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 price systems, generates multidimensional "transportation views", and provides visualized global data analysis reports.

Secondly, oTMS provides a powerful online bidding system to assist shippers in setting up actual bidding plans, instantly inviting multiple potential carriers to participate in bidding online, setting the bidding project time, allowing 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 fees

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

At the same time, oTMS can assist shippers in simulating different carrier quotes and exporting a "cost perspective" data dashboard during the bidding process, which can effectively support shippers' final bidding decisions and more conveniently quantify the real cost changes during the operation stage.

OTMS online bidding adopts a unified online quotation format, avoiding the mode of each carrier bidding document being divided into different parts. With a standardized quotation mode, it brings efficient comparison and selection, gradually accumulating KPI data, and providing competitiveness for high-quality carriers; Real waybills provide specific and calculable logistics cost references for carriers to quote, laying a solid foundation for win-win cooperation.

After the online bidding is completed, has everything already ended? On the oTMS cloud platform, this is not the case. The completion of bidding marks the true development of transportation business, and the system's powerful transportation collaboration management capabilities enable real-time and accurate management of actual transportation execution. High quality carriers not only showcase their prices and service levels in bidding, but also accumulate daily operational performance data to comprehensively and deeply demonstrate 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 effectively optimized the transportation network configuration problem using oTMS service and successfully reduced logistics costs by 6% in 2016. 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 constantly optimize and challenge themselves can develop in this era in the long run, continuously upgrade logistics and 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.