A key procurement process in the logistics industry is conducting a formal Transportation RFP (Request for Proposal). This detailed bid event is a call to action from shippers and distributors to align the right transportation partners with their business, publishing rates and capacity for a given period of time. Typically, the shipper notifies its incumbent and newly considered carriers of the upcoming RFP event, and shortly after, releases a larger packet including all origin, destination, commodity, legal, and procedural details.
To get the most accurate and effective bid from your carrier network, it’s critical to have a detailed process outlining all relative expectations and information. Setting the strategy beforehand will dictate the results and service provided from your carriers – but where do you start and spend your efforts?
Learn more about managing a Transportation RFP in our whitepaper, Transportation RFP Management.
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