Features

• System provides efficient means to create and post requests for service in bundles by origin and destination locations, creating rapid deployment of RFQs across specific lanes.
• Service providers can be rated according to company criteria, including service history and incumbent status, such that the bids received can be weighted and indexed for decision-making support and optimal contract awards.
• Appropriate level of load detail, including key service information, supports intelligent and straightforward formulation of RFQs.
• System supports both open and closed forms of bidding, to be designated in advance by your company, such that chosen service providers may or may not have visibility to competing bids.
• Technology allows service providers to either bid lower than best existing bid or to place bids at or above best existing bid, based on quality of past services (service index).
• Geographical search features permit service providers to work on bids logically by region, while system monitors and displays their progress and completion of their bids.
• Unique private negotiation option allows company to conduct additional confidential negotiations with the service provider finalists in any given lane at the conclusion of an auction.
• Technology tracks and displays awarded business for your company to support an organized approach to a high volume RFQ process.
• Only authorized users and service providers view posted RFQs within website.
• System allows conversion of bids into standard contract formats and enables comprehensive management tools to administer updates, negotiate new lanes or shift business.