Freightgate passes 100 Million rate item lookup milestone for its leading Global Tender Management solution. Manual estimation to complete 100 Million rate item lookups was 883,000 hours. Using Freightgate’s Global Tender Management solution with Data Checking and Formatting, the Total Hours saved was a mind-blogging 88.8 Years. Roughly USD $7.1 Million Dollars based on minimal wage.
Global Tender Management (GTM-Trek!) generates and processes complex tenders for shippers and carriers in a consistent and efficient manner, enabling analysis, optimization and better strategic decisions. Freightgate, a leading supply chain software solutions provider with ISO 9001:2008 certification. Freightgate’s solutions support all Supply Chain Transportation Management functions from Procurement, through Rate Management, Optimization, Execution (booking) and Visibility to Invoice Audit & Pay. Freightgate was the New Thought Leader in the development of bid process centralization, creating a centralized procurement platform to facilitate the communications, pricing, and translation of data formatting difficulties of the bid tender process.
According to survey conducted by American Shippers Magazine, roughly 40 percent of transportation buyers still rely on a manual, spreadsheet-only process. Every transportation buyer, every carrier, every logistics service provider has their own transportation tender prerequisites, bid formats, pricing methodology, and service criterions. Rarely are transportation bid proposals (RFQ/RFP) an easy fill-in-the-blanks situation.
“We are proud of this achievement and would like to help every freight forwarder and carrier in the World to free up resources and re-allocated them to better decision-making tasks”, states Martin Hubert, President Freightgate.
Freightgate’s cloud-based technology provides simplicity, ROI, customized implementation, enhanced management visibility, lower administrative costs and emphasis on end-to-end collaborative solutions. Freightgate is teaching shippers and carriers how to automate their global logistics procurement tenders and freight rate management saving time and money.
To schedule a No-Obligation Demonstration of Freightgate Logistics Cloud Solutions, please complete form at: www.freightgate.net/demo or Call Freightgate Sales at (714) 799-2833.
Based in Huntington Beach, California, the Freightgate team has been developing Internet solutions for the freight and logistics since 1994, such as its industry-leading Logistics Cloud Platform, offering Supply Chain Collaboration & Visibility; TMS, Global Tender Bid Management; Least Cost Routing, Service Contract and Quote Management; Regulatory Compliance CBP and FMC; Automated eInvoice Audit and Payment; innovative What-If-Scenario Analysis tool; interactive online Sailing Schedule; BFN (Built for NetSuite) approved SuiteApps. Freightgate is ISO 9001:2008 certified.