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Spot rate tendering

Collect bids per shipment and integrate in your processes

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Spot rate tenders

With Transmate's spot rate module you can send out spot rate tenders for your shipments to your bidding partners. You can collect offers and benchmark these between each other and historical offers. The platform allows you to set deadlines and configure bidding options.

You can group shipments in single request. Spot rate tenders are calculated alongside pre-tendered freight.

Integrated analysis

Transmate integrated analysis calculates all bids alongside historical offers and theoretical costs. Planners or purchasers can easily see what offers are best and select these in the shipments.

  • Bids converting different currencies
  • Benchmark vs historical or theoretical rates
  • Automate bidder selection given business rules

Integration & automation

Transmate's spot rate request system can be used as:

  • Part of the Transmate TMS
  • Integrated service for your TMS
    (shipments are transferred, bids are tracked in Transmate)
  • Fully integrated service for your TMS
    (no touch)

No touch spot tendering fully automates partner invitation, releasing bid, collecting offers and allocating bidder based on business rules.

Fast set-up

  • Trigger price requests from the Transmate platform or as a callable service for your ERP system
  • Select partners that are allowed to bid, set bidding configuration
  • Fully automate your spot tendering using business rules

Analyze

  • Use Transmate's integrated freight engine to simulate bids
  • Get insight in bid performance
  • Benchmark versus historical bids or theoretic costs.

Track Progress

  • Keep track of Bids in the integrated dashboard
  • Get alerts
  • Communicate with partners using the integrated chat functionality

Select best fit

  • Select best bids
  • Trigger automatic notifications to inform win and lost bids to your partners.
  • Track bidding performance for your partners.
** part of serviced package
Freight Tendering
spot rate Mgt
Rate Management
Freight engine
Invoice audits
TMS
PLATFORM Modules
Tools
Ocean Distance