LogBids

LogBids is a logistics quotation management software designed to streamline the procurement process for transport requirements. It is aimed at small to large-sized companies in the logistics and transportation industry, including logistics and transportation companies, freight forwarders, trucking companies, shipping companies, and supply chain companies.

Key Features

Marketplace Access: According to the vendor, LogBids provides access to a marketplace of transporters and freight forwarders, allowing companies to discover new vendors and fetch rates for logistics requirements from multiple transporters.

International Forwarder Quotes: The vendor states that companies can fetch competitive quotes from international freight forwarders through LogBids, streamlining their international logistics procurement process.

Domestic Transporter Quotes: LogBids simplifies the process of comparing and selecting the best transporters for domestic shipments by providing a platform to fetch quotations from domestic trucking companies, according to the vendor.

RFQ Management: According to the vendor, LogBids offers robust RFQ (Request for Quotation) management capabilities, enabling companies to create and manage RFQs for their logistics requirements in a structured and organized manner.

Reverse Auctions: The vendor claims that companies can leverage LogBids to conduct reverse auctions for their logistics requirements, inviting multiple vendors to bid and secure the best deals.

Reports and Analytics: According to the vendor, LogBids provides comprehensive reports and analytics related to logistics quotations, allowing companies to track and analyze quotation data for insights into pricing trends and vendor performance.

Advantages of LogBids Implementation: The vendor highlights advantages such as domestic and international rate mapping, access to a competitive marketplace for logistics quotes, automated negotiations, audit-friendly rate schedules, workflow automation, managed services, robust savings, and analytics capabilities.

New Customer Identification & Inquiry Management: According to the vendor, LogBids helps companies identify new customers and efficiently handle and respond to customer inquiries through its logistics-specific customer relationship management feature.

Integration with AssureBooks: LogBids integrates seamlessly with AssureBooks, providing transport service providers with accounting and fleet management solutions, according to the vendor.

Better Return Journey Planning for Back Bidding: The vendor claims that LogBids facilitates better return journey planning for transporters through back bidding, enabling them to optimize routes and maximize utilization by securing return loads.