Shipper-carrier rate negotiations can be fraught with inefficiencies and inaccuracies that can challenge all parties and unnecessarily drive up costs. JDA Logistics Procurement offers shippers and carriers a strategic decision-support and management tool that facilitates mutually beneficial transportation contract negotiation and management processes.
JDA Logistics Procurement ensures the flexible collaboration, streamlined visibility and accurate information needed for shippers and carriers to determine the lowest feasible cost to service a network of shipments. An iterative bidding process incorporates service requirements, carrier capacity and total network cost, as well as backup planning to address scheduling conflicts or dropped loads. Contract management capabilities complement the procurement process by enabling multi-party collaboration on terms and conditions and electronic storage of final agreements.
With a collaborative workflow, flexible bid model and powerful optimization, analysis and contract management capabilities, JDA Logistics Procurement facilitates a win-win for shippers and carriers alike. The global logistics sourcing solution also supports single and multiple-round bidding engagements, as well as maintains a repository of historic bid information that can be leveraged to do rate benchmarking, discover rate trends and track carrier participation.