Transportation Bid Collaboration

Negotiate the lowest contract rates for servicing a network of shipments

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i2 Transportation Bid Collaboration

Companies at every stage of the supply chain are looking for ways to control costs, improve service, and accelerate return on investment. By working together to negotiate transportation rates, shippers, carriers, and third-party logistics providers (3PLs) can establish fair and accurate contract rates by lane and service. But to do that, a sophisticated and reliable information system is required.

i2 Transportation Bid Collaboration provides a suite of tools for the periodic negotiation of transportation rates. It combines an optimization engine, a web-based workflow, and a bidding tool into a single solution for negotiating and awarding transportation contracts.

Using transactional shipment history and forecast data, i2 Transportation Bid Collaboration is designed to enable shippers to set up a physical network of carriers and 3PLs to participate in a rate negotiation. Shippers can then use the system to communicate to the carriers a wide variety of transport-related information, including destinations, volumes, frequency, service requirements, equipment trade-offs, and seasonal variations.

Capabilities of i2 Transportation Bid Collaboration include: