Bid Creation and Management
Ability to create and manage bid requests,
specifying transportation requirements such as origin, destination, shipment
details, and service expectations. Configurable bid templates to streamline the bid
creation process and ensure consistency. Bid deadline management and automated
reminders for bid submission.
Bidder Communication and Collaboration
Communication tools for sending bid
invitations to potential transportation providers and managing bidder inquiries.
Collaboration features to facilitate question-and-answer sessions, clarifications,
and document sharing with bidders. Secure bidder portal for accessing bid-related
information and submitting bids.
Bid Evaluation and Scoring
Criteria-based bid evaluation to assess
bids based on factors like pricing, service capabilities, transit times, capacity,
and other relevant parameters. Weighted scoring system to assign scores to different
criteria based on their importance. Automated bid comparison and analysis to
determine the most competitive and suitable bids.
Negotiation and Counteroffer Management
Ability to negotiate with bidders, send
counteroffers, and track negotiation history. Real-time bid status updates and
notifications for both bidders and the organization issuing the bid. Version control
to manage bid revisions and maintain a record of all negotiation activities.
Supplier Selection and Contract Management
Supplier evaluation and selection based on
bid results, including factors like cost, service quality, capacity, and compliance.
Contract management features to create, store, and manage supplier contracts,
including terms, conditions, and pricing agreements. Integration with supplier
databases and performance tracking systems for supplier onboarding and ongoing
evaluation.
Reporting and Analytics
Reporting capabilities to generate bid
summary reports, supplier comparison reports, and cost analysis reports. Data
visualization tools to present bid-related data in charts, graphs, and dashboards
for better decision-making. Historical bid data analysis to identify trends,
patterns, and opportunities for process improvement.
Integration with Transport Management System
Seamless integration with the
organization's Transport Management System to import bid-related data, such as
shipment requirements, existing contracts, and transportation provider information.
Bid result integration to automatically update transportation provider details,
rates, and contractual agreements in the Transport Management System.
Compliance and Audit
Supplier evaluation and selection based on
bid results, including factors like cost, service quality, capacity, and compliance.
Contract management features to create, store, and manage supplier contracts,
including terms, conditions, and pricing agreements. Integration with supplier
databases and performance tracking systems for supplier onboarding and ongoing
evaluation.
