Question & Answer
Question
About Tendering Methods
Answer
About Tendering Methods
When the shipper submits a tender to your company the shipperselects a tendering method. The fields on the Accept Tender page changebased on the tendering method.
The following tendering methods are available in Sterling TMS:
- Sequential
The shipper has tendered the shipment to a list of carriersone at a time:
- Sterling TMS usesthe rate defined in the contract for each carrier. The shipper cannotchange the contracted rate.
- You do not see the rate when you receive the tender.
- If you accept the tender Sterling TMS awards theshipment to your company.
- Manual
The shipper is only tendering the shipment to your company:
- Sterling TMS usesthe rate defined in the contract with your company. The shipper cannotchange the contracted rate.
- You do not see the rate when you receive the tender.
- If you accept the tender Sterling TMS awards theshipment to your company.
Your shipper can also submit a direct tender to your company.The shipper submits the tender to one carrier which does not havea valid contract rate stored in Sterling TMS for the shipment.
- Broadcast
The shipper tenders the shipment to multiple carriers at thesame time. The shipment is awarded to the first carrier to acceptthe tender:
- Sterling TMS usesthe rate defined in the contract for each carrier. The shipper cannotchange the contracted rate.
- You do not see the rate when you receive the tender.
- Broadcast for Capacity
The shipper tenders the shipment to multiple carriers at thesame time:
- The shipper usually includes an initial offer amount which overridesthe contracted rates.
- You can accept this offer or submit a bid with a different amount.
- After the carriers respond to the tender the shipper selectsthe carrier to take the load.
Some shippers refer to this tendering method as a broadcastfor bid tender.
- Broadcast for Review
The shipper tenders the shipment to multiple carriers at thesame time:
- The shipper includes an initial offer amount which overridesthe contracted rates.
- You can accept this offer but cannot submit a bid with a differentamount.
- After carriers respond to the tender the shipper can select thecarrier to take the load.
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Document Information
Modified date:
08 December 2018
UID
ibm10752169