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Collaborative Optimization

With soaring fuel costs, poor road conditions, regulatory reforms and a shortage of drivers, the cost of road transportation continues to increase worldwide. Diesel fuel costs in the U.S. alone have increased by over 20% since the beginning of 2006. At the same time, many large companies are spending millions of dollars each year on Transportation Management Systems (TMS) to optimize their transportation planning and execution process. However, unless an advanced sourcing methodology, or as we call it Collaborative Optimization, is integrated into your solution, your current TMS may not be delivering on its full value proposition.

Our Solution
Collaborative Optimization, is a methodology aimed at getting your company the best lane rates, thereby enhancing the value of your route scheduling tools. Characterized by the use of flexible structures for bid collection, Collaborative Optimization enables and encourages suppliers to bid on requirements that are most aligned with their capabilities and interests. As a result, suppliers are able to create their own unique proposals based on their competitive strengths.  Collaborative Optimization can be used in many different supply markets in addition to transportation, including MRO, commercial print and packaging.

Key Features

Benefits


Key Features

Flexible Bidding

 

Flexible structure for bid collection enables suppliers to align bid requirements with capabilities and interest

 

Collaborative bid technology allows suppliers to bid on requirements that are most aligned with their strengths and interests

 

 

 

Comprehensive Analysis Capabilities

 

Technology allows buyers to utilize scenario generation and optimization to do “award constraints modeling” as well as detailed analyses based on different scenarios

 

 

 

Strategic Decision Support

 

Methodology allows buyers to focus on what and how they are buying

 

Analysis explores the cost of policy decisions


Benefits

 

Allows suppliers to provide their “best bid” based on their capabilities, interests and strengths

 

Provides buyers with an easy way to model complex scenarios that reflect real constraints and business needs

 

Renders significantly higher implementable savings

 

Builds stability and loyalty with carriers and other vendors

 

Enables and motivates carriers to share efficiency savings






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Our Results
See how these proven solutions continue to help clients achieve significant results in their procurement activities
 
   


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