Live from NCOF: Online Procurement Changing LTL

Orlando, FL— Transportation is no longer a commodity but a strategic decision thanks to online procurement, said Brad Gregory, director of sales and software alliances for SMC, a consultancy on less-than-truckload (LTL) shipping, during his Tuesday session, “Current Trends in Less-Than-Truckload: Best Practices You Really Need to Know”

Online procurement enables shippers to download the carriers’ pricing responses directly into their applications, eliminating the need to load them by hand and increasing accuracy. “The time required to manage this process is going down,” Gregory said. “The ability to upload data files, contracts, pictures of your freight, also allows you to select the carriers to participate. Shippers can use weighing techniques to analyze the responses and determine the best overall value. And shippers can analyze carrier responses in minutes instead of days. You should be able to reward the business electronically.”

Carriers, conversely, can use online procurement to reduce cycle time and increase data and pricing accuracy. Misunderstandings between shippers and carriers are reduced because quotes are in an electronic format.

Partner Content

Hincapie Sportswear Finds Omnichannel Success in the Cloud - Netsuite
For more and more companies, a cloud-based unified data solution is the way to make this happen. Custom cycling apparel maker Hincapie Sportswear has leveraged this capability to gain greater visibility into revenue streams, turning opportunities into sales more quickly while gaining overall operating efficiency. Download this ecommerce special report from Multichannel Merchant to more.
The Gift of Wow: Preparing your store for the holiday season - Netsuite
Being prepared for the holiday rush used to mean stocking shelves and making sure your associates were ready for the long hours. But the digital revolution has changed everything, most importantly, customer expectations. Retailers with a physical store presence should be asking themselves—what am I doing to wow the customer?
3 Critical Components to Achieving the Perfect Order - NetSuite
Explore the 3 critical components to delivering the perfect order.
Streamlining Unified Commerce Complexity - NetSuite
Explore how consolidating multiple systems through a cloud-based commerce platform provides a seamless experience for both you, and your customer.