eRFQ (electronic Request for Quote)
eRFQ allows you to completely manage the procurement of bids across all of your lanes of traffic, and automatically update your system so that subsequent RFQ processes are even smoother. eRFQ allows you to create, distribute, collect, analyze, and award bid packages online, whether they are full bid packages or a temporary or new incremental bid to supplement capacity on a new or ‘trouble’ lane.CarrierPoint eRFQ is an easy-to-use, efficient tool for conducting web-based RFQ and is fully integrated data with CarrierPoint's transportation execution tools. System users define the RFQ response rules, design an approval process, and enforce carrier compliance with bid formats.
eRFQ provides analysis of responses and efficiently presents lane bid and contract information. Perhaps most importantly, the eRFQ tool is integrated with CarrierPoint’s execution tools to automatically update the rating engine, enforce compliance with automated rating and tendering business rules. We can even provide you with on-going reports of carrier performance.
Apply rigor to your contract RFQ process with eRFQ
Benefits:
- Lower your transportation spend by improving the transportation contract tendering process
- Minimize labor costs associated with preparation, distribution, and analysis of RFQ
- Improve RFQ accuracy
- Enforce contract compliance with RFQ “rules”
- Control carrier RFQ responses in content and format
- Increase the frequency of carrier contract renegotiations
- Finalize more carrier contracts
- User-defined rules for response
- Enforced rules of response (consistency/normalization)
- Analysis of responses
- Efficient use of supporting data
- Full Integration with CarrierPoint rating and tendering tools
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