The Solution
BridgeNet Solutions (BNS) recommended running a comprehensive carrier bidding event, enabling multiple carriers to compete for the customer’s shipping volumes. This approach created competitive tension and uncovered savings opportunities beyond the status quo.
BNS managed the project end-to-end, covering data collection, data cleansing, bidding event execution, shipment analysis, rate verification, billing validation, and savings reporting.
Key actions included:
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Cleansing customer shipment data and building a custom bidding sheet aligned with their shipping profile.
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Developing a Carrier Bid Builder file with shipment volumes, high-level data, and bidding templates.
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Conducting a multi-round bidding event, with aggressive Round 2 targets to maximize savings.
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Performing detailed shipment analyses after each round, including Best Case, As-Is, Suggested, and Customizable Scenario results.
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Enabling the customer to create customized savings scenarios aligned with operational goals.
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Issuing carrier awards based on the final selected scenario.