Smart Bids Optimization Systems

SBIDS determines optimal assignment of carriers to lanes for manufacturng and distribution company. Given a set of lanes and their traffic density forecast, a distribution company may take bids for transportation services from carriers. SBIDS helps manage and optimize the result for carrier selection and bid optimization.

First, given historical records for trafic volumes on various lanes, SBIDS can generate "lane" which the company is interestd in soliciting rate bids. Second, after the company receives bids from carriers, SBIDS optimizes assignment of carriers to each lane. For a white paper on SBIDS, download it at right.

Modules

SBIDS has three modules: TL (truck-load), LTL (less-than-truck-load), and bulk transportation models.

Functionality

Like STARS and SFLO, SBIDS is highly flexible -- it can accommodate many comprehensive operational constraints, including: plant-wise bundling, maximum percentage for services for each carrier, and the maximum number of carriers to be used.

Benefits

SBIDS Version 1.3 has been used by 3PL and its clients. Savings for customers have reached millions of dollars. Note that the savings from SBIDS is real, not estimated, and is available from day 1, since the improved rates can be implemented immediately without qualifications.

Carriers
  • TL and LTL models
  • Bids for partial service for each lane
  • Bids for bundled services
  • Maximum densities at each plant
  • Selection mode
 Plants
  • Inbound and outbound
  • Selection and deselection
  • Maximum number of carriers to be optimized
  • Plant-wise assignment
Lanes
  • Single lane assignment
  • Load sharing by multiple carriers
  • Transit times
  • Combination of multiple lanes (tours)
 Reports
  • Transactions
  • Carrier-wise and plant-wise
  • Map display of lanes and assignment
  • Pie and bar charts for results
  • Interface to spreadsheets

Supported Plaforms:

Customer Support

SAITECH provides excellent customer support services, including yearly maintenance contracts, software updates, customer consultation, and customization development.

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