article thumbnail

Logistics Budget Getting Hammered on the Spot Market?

Supply Chain Collaborator

After all, when it has to be there on time and lead time is already short, simply finding a carrier willing to move the freight at any price can seem like a win. Does your TMS solution provide a competitive bid spot bid management tool? Does your TMS solution provide a competitive bid spot bid management tool?

Budget 100
article thumbnail

How Predictive Procurement Orchestration Helps Unlock Savings in 60 Days

Arkestro

Let’s dive into several examples of how customers are having success and making their procurement processes more competitive in just 60 days. You can unsubscribe at any time. The results were immediate. Arkestro is dedicated to training and onboarding procurement teams on the ground, no matter where they are across the globe.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Spot Quote Automation Solution Proven to Reduce Freight Spend Nearly 6% on Average for Volume Shippers

Supply Chain Collaborator

UltraShipTMS Technology Unleashes the Power of Competitive Bidding to Drive Freight Spend Down and Increases Access to Scarce Truckload Capacity. Once tenders are submitted, a shipper enjoys real-time visibility into all the bids proffered by participating respondents. savings on expedited freight costs.

article thumbnail

Believe It Or Not, Procurement Impacts Every Single Person

ivalua

At some point, there was a need for this, a solicitation process to select a supplier, a competitive bidding process, a contract negotiation, transactions and so on. For the longest time, leading Procurement technology providers in my experience just ignored this space.

article thumbnail

How to succeed with eAuctions: An essential guide

Procurement Software

These negotiations take place in real time, with all prospective suppliers at once. This saves buyers not only money, but hours of conversation time. This involves suppliers competing in sequential bidding. This back and forth is very time-consuming. This not only saves time and human resources.

Bidding 52
article thumbnail

How effective Tail Spend Management can drive cost savings

Procurement Software

Below are 5 ideas of ways to extract real savings from your tail spend while improving your overall purchasing governance. Implement a competitive bidding policy. One time purchases (such as project spend) can take up a lot of procurement time. Secondly, it also enables Procurement to free up their time.

article thumbnail

How effective Tail Spend Management can drive cost savings

Procurement Software

Below are 5 ideas of ways to extract real savings from your tail spend while improving your overall purchasing governance. Implement a competitive bidding policy. One time purchases (such as project spend) can take up a lot of procurement time. Secondly, it also enables Procurement to free up their time.