TRANSPOREON AUTONOMOUS QUOTATION

Automating the truckload quotation process

A cutting edge solution for fast and accurate quote generation

Your team is overloaded with creating solid freight quotations that hit the mark. Quote too low, and you take a loss. Too high, and shippers won’t bite. Unactionable indices, fluctuating markets, and auction portals wear sales representatives down. Autonomous Quotation provides a cutting-edge solution for fast and accurate quote generation.

BENEFITS

Win more loads

Increase in bid win rate

Machine learning helps ensure offers are priced accurately and are enticing enough to increase the average win rate for logistics service providers — all without any manual effort.

BENEFITS

Speed is king

Quotes in under two seconds

  • Automation provides instant quote generation, multiple times faster than manual quoting—even for the fastest account manager.
  • Shippers often award bids to the first carrier that submits, so be the first in line.
  • Integrate our API directly into your TMS, letting data science and our automated rules engine do the rest.
BENEFITS

Grow margins

Hyper-accurate price prediction

  •  Accurate quotes ensure top logistics service providers win more business while optimizing the bottom line.

  • Predict rates based on your unique data, real-time market trends, carrier behavior, and more.

  • Prices are highly accurate (only 8% deviation)

BENEFITS

Gain productivity

70% More Efficiency Reps + Save hours each week

  • Account managers typically spend between 20 minutes and 2 hours researching and negotiating tenders.
  • With Autonomous Quotation, quotes take less than two seconds to generate and can be instantly shared.

Facts and figures

2
sec
or less, for generating quotes.
70
%
efficiency increase.

Autonomous Quotation Solution

Primary features

Instant price prediction
  • Offering quotes before the competition gives you the edge—especially if your rates are fair.
  • Autonomous Quotation price prediction allows LSPs to predict pricing with precision accuracy. As a result, we are 25% more accurate when comparing broad market indexes.
  • Synchronous integration to customers’ Dynamic Pricing programs within their TMS.
Automated quotation generation based on business rules
  • Leverage shipment characteristics, unique customer requirements, and our sophisticated business rules engine to produce real-time quotes.
  • Rules can consider dozens of characteristics, including buy-sell side margins, equipment type, distance, pickup/delivery windows, stop location, and dozens of others.
Customized margins

Autonomous Quotation is NOT a one-size-fits-all calculator. Instead, an intelligent interface and user-friendly tool make it easy to set your margins and self-configure the rules for each quote.

Tender strategies

Transporeon provides a data lake and data visual exploration toolkit that sits over the quotation data.

By sending Transporeon the outcome data (win-loss and actual buy rate), the Transporeon data lake and analytics will contain all the necessary points for managing the quoting process performance.

  • Offering quotes before the competition gives you the edge—especially if your rates are fair.
  • Autonomous Quotation price prediction allows LSPs to predict pricing with precision accuracy. As a result, we are 25% more accurate when comparing broad market indexes.
  • Synchronous integration to customers’ Dynamic Pricing programs within their TMS.
  • Leverage shipment characteristics, unique customer requirements, and our sophisticated business rules engine to produce real-time quotes.
  • Rules can consider dozens of characteristics, including buy-sell side margins, equipment type, distance, pickup/delivery windows, stop location, and dozens of others.

Autonomous Quotation is NOT a one-size-fits-all calculator. Instead, an intelligent interface and user-friendly tool make it easy to set your margins and self-configure the rules for each quote.

Transporeon provides a data lake and data visual exploration toolkit that sits over the quotation data.

By sending Transporeon the outcome data (win-loss and actual buy rate), the Transporeon data lake and analytics will contain all the necessary points for managing the quoting process performance.

Want to know more about Transporeon Autonomous Quotation? Get in touch:

PRODUCTS

Explore more of our digital freight solutions

Together our products work in harmony to increase transport efficiency along the full lifecycle of freight activities.

Transport Execution Hub

Transporeon Freight Matching

Transporeon Freight Matching
  • Maximize profitability and productivity by equipping your teams to utilize available capacity opportunities within your trusted network, faster.
  • Enable your carriers to realize their full potential by matching with the loads that are right for them.
  • Manage your carrier relationships with more transparency from increased number of data points.
  • Stay in control of your shipments and provide end-to-end visibility to your customers, and eradicate check calls.
  • Reduce manual effort, and increase accuracy with full digitalization.

Freight Procurement & Rate Management

Transporeon Trust Center

Transporeon Trust Center
  • Single storage point for all documents such as licences, certificates and contracts
  • Get reminders about expiring documents for all involved parties
  • Central administration and properly managed carrier pool
  • Documentation of all compliance-relevant information and files
  • Integration for other TP modules like procurement

Freight Sourcing Hub

Transporeon Carrier Premium Account

Transporeon Carrier Premium Account
  • Apply for suitable calls for bids with one click and win new customers.
  • Make your business known on the platform and in the service provider database.
  • Clear distribution of competencies and tasks between Head Office and Branch Office.
  • Optimize internal processes through additional functions and reports.

Dock & Yard Management Hub

Transporeon Time Slot Management

Transporeon Time Slot Management
  • Full transparency of delivery and pick-up times for all parties 
  • Efficient use of resources due to the even and predictable distribution of loadings and unloadings
  • Reduction of waiting times for trucks by up to 40%
  • Audit-proof and legal compliance through fully documented processes
  • Quick response and operational optimization through fast communication and real-time data
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