Transportation Sourcing and Spend Management
Coleman Cable:
“At the end of the day, we were able to drive significant cost savings and improve service levels and service quality with TranzAct Technologies.”
— John Revenaugh, Director of Logistics
Truckload Sourcing - Freight Quotes, Carrier Contracts
Take control of your transportation costs with the powerful program that lets you make the rules.
Gain leverage and control
Increase your negotiation power and substantially reduce your transportation spend. Our turnkey RFP and spend management process provides shippers with a core group of carriers qualified to meet your specific transportation requirements, so you can solicit pricing with confidence.
For Truckload, this solution provides shippers with a qualified core group of carriers, which balances cost and capacity, rationalizes the supply base and reduces miles to create more efficient moves.
The network-wide bidding event TranzAct conducts on your behalf provide carriers with a detailed view of total business requirements & opportunities which enables carriers to select which pieces of the business they want and to provide suggestions on how to best meet your needs.
- Unbundled bidding enables carriers to pick which business to bid on resulting in more accurate pricing and reduction of hedging on unattractive bundled lanes.
- Alternate lane combinations, equipment, service levels, transit times enables carriers to propose more cost efficient solutions
- If/then proposals drive more cost efficiency through win-win solutions enable carriers to bid to their strategies
In addition to optimal rates, TranzAct considers non-price factors such as capacity commitments, contract & payment terms. Results are fair and equitable, ensuring long term partnership sustainability between shipper and carrier.
Process Overview
Our 8 to 12 week project cycle lets you realize your savings quickly.
| Pre-Bid | Bidding | Marketing Making | Post Bid |
|---|---|---|---|
| Benchmarking of current activity | RFI & Bid Collection | Data Verification | Analysis* |
| Bid Definition | Carrier Meeting | Scenario Analysis | Awarding |
| Carrier Selection | Bidder Support | One-on-one Calls | Contracting |
| Revisions |
*Add 3-4 Weeks to complete contracting and rate uploading
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