Carrier Selection & Tendering
Use Case:
ShippersEdge automatically tenders shipments to a predefined pool of carriers based on factors like cost, performance (on-time delivery, rates, claims, etc.), and availability. This can involve real-time bidding (spot market), automated tender acceptance, or dynamic carrier assignments.
Benefit:
- Consistency and Quality:
Ensures the best carriers are selected based on predefined criteria (e.g., reliability, cost, insurance, compliance), ensuring service quality.
- Operational Efficiency:
Reduces the time spent manually selecting carriers and handling negotiations, which speeds up the tendering process.
- Reduced Costs:
Automated carrier selection ensures that the company is always getting competitive rates and terms.
Load Consolidation
Use Case:
ShippersEdge identifies opportunities to consolidate multiple shipments, optimizing the load on each truck. Instead of sending multiple LTL or partially filled trucks, ShippersEdge combines shipments headed to nearby destinations or on similar routes, reducing the number of trucks on the road.
Benefit:
- Cost Reduction:
Consolidating shipments lowers the number of trucks required, reducing total transportation costs (e.g., fuel, labor, equipment).
- Sustainability:
Fewer trucks mean lower emissions, which is increasingly important for companies with sustainability goals.
- Capacity
Optimization: Maximizes truckload efficiency, utilizing the full weight and volume capacity of each vehicle.