A freight tender is the process by which companies put transportation services out to public tender in order to receive offers from various logistics service providers 1. Here are some important steps and aspects of a freight tender:
Preparation: companies gather all relevant information about their transportation needs, such as shipment volumes, destinations and special requirements
Request for Information (RFI): In this step, logistics service providers are asked to provide information about their services and capacities
Request for Proposal (RFP): Companies ask the qualified logistics service providers to submit detailed offers and logistics concepts
Request for Quotation (RFQ): Logistics service providers submit their final price quotes, based on the company's specific requirements
Evaluation and Selection: The bids received are evaluated and the best provider is selected
Freight tenders help companies get the best prices and services and optimize their transport processes.