Procurement Solution to Lower Transportation Spend and Improve Ocean Freight Sourcing

Logistics Procurement Solution

 

Procurement Solution to Lower Transportation Spend and Improve Ocean Freight Sourcing

This “on-demand” solution supports the complete procurement lifecycle including RFQ preparation, bid rules, mailing , along with scenarios to analyze each bid to calculate the total transportation spend in relation to other attributes such as transit-time or service, across multiple RFQ rounds and conclude with automated awards to the ocean freight providers with the best price and service combination while saving time and mitigating risks.

Martin Hubert, Freightgate President, advises shippers to conduct a serious review of their procurement process to be fully prepared when negotiating ocean freight rates for the upcoming 2013-14 Transpacific contract period. Shippers will be facing a new wave of price increases. Ocean container carriers serving the Asia-U.S. trade lane have reaffirmed their commitment to increase freight rates as they head into a new round of 2013-14 contract negotiations.

Freightgate’s procurement solution assists shippers in sourcing the most competitive freight rates from ocean container carriers and NVOCC’s. Transportation contracts can be seamlessly integrated into the Freightgate Universe for rate management, invoice audit and capacity management. The Logistics Cloud Procurement Solution reduces ocean freight spend by 15% or more utilizing best-in-class sourcing to manage RFQ lifecycle with visibility to quickly compare

bids, rates and routings. Both bottom line and service performance improvements are achieved. The easy-to-deploy software solution can be connected to most backend ERP systems.

Freightgate is offering a free software demonstration, and knowledge on how to lower transportation spend while at the same improving service performance. To schedule demo, please complete form at: www.freightgate.com/demo or call Freightgate Sales at (714) 799-2833, email: sales@freightgate.com.

The Logistics Cloud, known as the Freightgate Universe, enables solutions empowering professionals on all levels to collaborate with global vendors and logistics providers seamlessly on a single common transportation sourcing platform for informed decision-making across the entire network. It encompasses ISO9001:2008-certified end-to-end transportation management processes from procurement, rate management, optimization, execution and visibility, carbon footprint, through invoice audit & pay. The Freightgate Universe is comprised of adaptive easy-to-deploy modules to help companies leapfrog into the 21st century with minimal start-up cost. Freightgate is the only commercial EFM compliant platform enabling standardized web-services as promoted by the US-DOT and Transport-Canada.

About Freightgate
Based in Huntington Beach, California, the Freightgate team has been developing Internet solutions for the freight and logistics since 1994, such as its industry-leading Logistics Cloud-based Platform, with Supply Chain Collaboration & Visibility; TMS, Global Tender Bid Management; Least Cost Routing, Service Contract and Quote Management; Regulatory Compliance CBP and FMC; Automated eInvoice Audit and Payment; innovative What-If-Scenario Analysis tool; interactive online Sailing Schedule. Freightgate is ISO 9001:2008 certified.