Tendering process in the liner shipping is a tedious and laborious process. For the shippers and logistics service providers, freight procurement and quotation creation come at a high cost, in terms of both pricing and time. The process of multiple rounds negotiation, extracting the data and re-exporting the data back into the exact document format, understanding the terms of tender and tracking rate changes throughout the tender life cycles has been some of the practical issues faced by the commercial and procurement team of the liner companies.
SVMTMS : SOLVERMINDS has understood these issues and developed the shipping industry’s first awarded Tender Management system. It is optimizing their freight and logistics tendering process with easy-to-use and Freight tendering is being simplified, allowing more businesses to save cost quickly and easily. It enables shipping liners practice centralize procurement policy – a new management tool for executive to process the tenders. This system simplifies and automates the tedious manual and is to ensure the best fit to the customer services, which offers best value for money.
The SVM solution allows user to upload customers request for quote tender data, auto process the routing and rates, check the contribution margin, get the rates approved by the respective trade managers and download the data back into customer documents in a seamless data flow process reducing data entry errors.
Best of SVM TMS
Supports multiple currency option OFR and Surcharges
User configurable Tender Rights for Corporate marketing and Pricing Users
Provision added to involve multiple pricing team in single tender
Features added to set the required no of iteration to control the counteract
Effectively manage Tender Log actions to view complete transaction of corporate and pricing tender activity
Tender dictionary helps to validate efficiently the customer input details
Provision added to select the Auto Routing and global surcharges
Provides Built-in contribution calculator for Trade manager to make decision
Provision added for OOG and DG, where user can define OOG specification and DG clause
Provision added to validate the Surcharges have been specified for all the defined Port pairs
Provision added to dispatch the Port pairs without routing; whereas pricing users can be assigned the route
Proper validation for the non-serviceable port pairs
Provision for Tender Gate to display tender details of respective participant to act upon
Pricing user can also set the discrete rate as OFR
Additional free days can be added with tariff free days by pricing users
Auto triggering mail option for every corporate marketing and pricing user actions
Feature to convert the tender into Service Contract (SVC) and Customer Rate Agreement (CRA) for the carrier to pass information down to the agency
Best tender management system with Awarded option
Provision added to re-processing and re-submission the tender
Improves productivity and reduces laborious manual task of entering tender data
Long term tendering process
Makes better informed decisions on whether to bid or decline the tender
Ensures accurate pricing without missing any applicable surcharges
Track the recipients who have viewed the invitations and notify them with the responses
Auto translation of customer’s codes to system codes for more accurate matching of tender data
Gain visibility over the trade and associated trade manager & map accordingly
Expedited email trigger option while submitting the tender and while amending the freight details
Comprehensive system that ensures customer information is secure
Drag and drop feature enables different excel tender document mapped with system tables with ease and saved as a template for future use
Solutions & Technologies Pvt. Ltd.
Plot 2B-4, VII Cross Street, SIPCOT IT Park,
OMR, Siruseri 603 103, Kanchipuram District,
Tamil Nadu, India.