Predicting price is important, but a specific carrier has to accept an offer before that price is real. Our software creates profiles of each of the broker's carriers to know when and where they are most relevant. This feeds into what work to offer them, and the tactics of negotiating price.
When possible, the software combines loads into bundled offers to carriers, such as consolidated LTL or multistop or continous-move FTL. By finding ways to keep trucks running fuller & longer the software speeds up finding capacity and achieves lower total costs for the loads.
For each load, the software predicts general market and carrier-specific pricing. Predictions learn from the broker's historical moves, past carrier behavior, and 3rd party market data.
For each load, the software automatically selects the most appropriate strategy for when to make offers, which carriers to engage, whether to leverage spot or contracted rates, and what the spot price should be.
The most effective way to scale up automated load tendering decisions is to complete the offer-to-accept process online. Our broker customers are given a white labelled carrier portal where carriers can interact over the web, via mobile apps, or system integration.
Every major sports team has analytics to maximize their athelete's potential. Similarly, tactically multiplies the impact of your carrier reps by giving them pinpoint guidance on how to negotiate each load, from pre-call prep to in-call support.
As you imagine, such a system creates a tremendous volume of data on pricing, carrier behaviour, and market conditions. We offer a superb toolset for analysts or management to access and explore this data, along with executive KPIs and operations reporting.
