Planning and Tendering
Freight Planning and Tendering are critical components of transportation management and SAP Transportation Management (SAP TM) provides robust functionality for managing these processes efficiently.
SAP TM’s Freight Planning and Tendering functionality allows businesses to create optimal transportation plans, identify the most suitable carriers and tender freight to selected carriers.
Let’s take a closer look at the key features of SAP TM’s Freight Planning and Tendering module:
Freight Planning: SAP TM’s Freight Planning functionality provides powerful optimization capabilities that enable businesses to create optimal transportation plans based on various factors, such as transportation mode, carrier capacity, delivery timelines and cost. The system considers all relevant constraints, such as carrier availability and transit times, to create the most efficient transportation plan.
Carrier Selection: Once the transportation plan is created, SAP TM’s Freight Planning and Tendering module provides a powerful carrier selection engine that enables businesses to select the most suitable carriers based on various criteria, such as carrier capacity, delivery timelines and cost. The system provides complete visibility into carrier performance metrics, including on-time delivery rates and cost, enabling businesses to make informed carrier selection decisions.
Freight Tendering: SAP TM’s Freight Planning and Tendering functionality enables businesses to tender freight to selected carriers. The system generates tender documents, such as Request for Quotes (RFQs) and supports various tendering methods, including email, fax and EDI. The system tracks tender responses, provides real-time visibility into carrier availability and supports bid comparison and carrier selection.
Automated Carrier Selection and Tendering: SAP TM’s Freight Planning and Tendering functionality also provides advanced automation capabilities that enable businesses to automate the carrier selection and tendering processes. The system uses predefined rules to select carriers and tender freight automatically, reducing the need for manual intervention.
Overall, SAP TM’s Freight Planning and Tendering functionality provides a comprehensive solution for managing the transportation planning and tendering processes. It helps businesses optimize their transportation processes, reduce costs and improve customer satisfaction by providing services.