Web-based BidSmart intended to help optimize complex transportation networks
Green Bay, WI — January 3, 2006 — Lead logistics provider Schneider Logistics has launched the next version of its transportation bidding tool, BidSmart, with a new Web-enabled bidding system intended to optimize shippers' transportation networks by identifying solutions that lower costs and provide additional capacity, while helping carriers find increased loads for their networks.
Using a Web-based bid format, BidSmart enables pre-qualified carriers to view a shipper's transportation requirements and bid on individual lanes, or packages of lanes, that best optimize their assets. In turn, carriers can also enter their rates and service capabilities, create their own packages, review specific freight service requirements and analyze bid results. The added functionality of scenario analysis now enables shippers to perform on-the-fly trade-off analysis for easier comparison, Schneider said.
"Shippers benefit from improved service and capacity commitments at optimal pricing, while carriers can increase volume commitments on the lanes they service," said Dave Cobb, general manager of the Transportation Advisory Service at Schneider Logistics. "This tool creates a real 'win-win,' and we have seen proven results across various modes."
BidSmart is offered through Schneider Logistics' Transportation Advisory Service, the company's global transportation consulting service. BidSmart replaces the company's previous transportation procurement product, SUMIT CVA.
Schneider developed BidSmart for the Web with Trade Extensions, a provider of software for online negotiations based in Upsalla, Sweden.
Schneider Logistics is a wholly owned subsidiary of Schneider National, providing supply chain management technology, managed services, engineering services and freight payment.
Additional Articles of Interest
— SAS audits can help ensure that your supply base doesn't trip up your Sarbanes-Oxley compliance. Read about SAS audits in "Supplier Compliance: The Responsibility Lies with You," the Final Thoughts column the October/November 2005 issue of Supply and Demand Chain Executive.
— Procurement business process outsourcing is a growing trend, but best practices for BPO success are still being written. For insights on how to ensure your BPO project meets its goals, read "Five Success Factors for Procurement Business Process Outsourcing," sidebar to the cover story "Rising to the Challenge of the Outsourced Supply Chain" in the October/November 2005 issue of Supply and Demand Chain Executive.
— With U.S. manufacturers increasingly challenged by global rivals, American Axle & Manufacturing's Abdallah Shanti believes that the best way to compete is to collaborate. Read more in "Uniting for a Competitive Edge," in the December2003/January 2004 issue of Supply & Demand Chain Executive.
Green Bay, WI — January 3, 2006 — Lead logistics provider Schneider Logistics has launched the next version of its transportation bidding tool, BidSmart, with a new Web-enabled bidding system intended to optimize shippers' transportation networks by identifying solutions that lower costs and provide additional capacity, while helping carriers find increased loads for their networks.
Using a Web-based bid format, BidSmart enables pre-qualified carriers to view a shipper's transportation requirements and bid on individual lanes, or packages of lanes, that best optimize their assets. In turn, carriers can also enter their rates and service capabilities, create their own packages, review specific freight service requirements and analyze bid results. The added functionality of scenario analysis now enables shippers to perform on-the-fly trade-off analysis for easier comparison, Schneider said.
"Shippers benefit from improved service and capacity commitments at optimal pricing, while carriers can increase volume commitments on the lanes they service," said Dave Cobb, general manager of the Transportation Advisory Service at Schneider Logistics. "This tool creates a real 'win-win,' and we have seen proven results across various modes."
BidSmart is offered through Schneider Logistics' Transportation Advisory Service, the company's global transportation consulting service. BidSmart replaces the company's previous transportation procurement product, SUMIT CVA.
Schneider developed BidSmart for the Web with Trade Extensions, a provider of software for online negotiations based in Upsalla, Sweden.
Schneider Logistics is a wholly owned subsidiary of Schneider National, providing supply chain management technology, managed services, engineering services and freight payment.
Additional Articles of Interest
— SAS audits can help ensure that your supply base doesn't trip up your Sarbanes-Oxley compliance. Read about SAS audits in "Supplier Compliance: The Responsibility Lies with You," the Final Thoughts column the October/November 2005 issue of Supply and Demand Chain Executive.
— Procurement business process outsourcing is a growing trend, but best practices for BPO success are still being written. For insights on how to ensure your BPO project meets its goals, read "Five Success Factors for Procurement Business Process Outsourcing," sidebar to the cover story "Rising to the Challenge of the Outsourced Supply Chain" in the October/November 2005 issue of Supply and Demand Chain Executive.
— With U.S. manufacturers increasingly challenged by global rivals, American Axle & Manufacturing's Abdallah Shanti believes that the best way to compete is to collaborate. Read more in "Uniting for a Competitive Edge," in the December2003/January 2004 issue of Supply & Demand Chain Executive.
- More articles about Schneider.
