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Effective URL: https://pando.ai/product/freight-procurement
Submission: On January 12 via manual from IN — Scanned from DE
Effective URL: https://pando.ai/product/freight-procurement
Submission: On January 12 via manual from IN — Scanned from DE
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Pando was recognized globally as a Technology Pioneer for 2022 by the World Economic Forum! View press release. * PRODUCTS * CORE FULFILLMENT * FULFILLMENT MONITOR * FREIGHT PROCUREMENT * DELIVERY PLANNING & OPTIMIZATION * COLLABORATIVE EXECUTION * FREIGHT AUDIT & PAYMENT * PACKING EXECUTION * INDUSTRY * CONSUMER PRODUCTS * AUTOMOTIVE * RETAIL * CHEMICALS * RESOURCES * CUSTOMER STORIES * COMPANY * ABOUT US * WHY PANDO? * LIFE @ PANDO * PARTNER WITH US * NEWSROOM * CONTACT * COMMUNITY REDUCE 3-5% COSTS WITH INTELLIGENT FREIGHT PROCUREMENT. Run long-term and spot procurement events, leverage market intelligence, optimize freight spend, and integrate with carriers to run error-free, audit-ready processes. Customer Stories AGILE SUPPLY CHAINS ARE POWERED BY PANDO FREIGHT PROCUREMENT MADE EASY WITH PANDO MEET ANA Head of Supply Chain for a Fortune 1000 Enterprise Ana needs to optimize freight spend, improve vendor loyalty and improve customer service simultaneously - but she doesn't have the right tools or resources for it. MEET ANA Head of Supply Chain for a Fortune 1000 Enterprise Ana needs to optimize freight spend, improve vendor loyalty and improve customer service simultaneously - but she doesn't have the right tools or resources for it. There are so many parameters to consider when negotiating a contract! I often find that our contracts invariably miss out on specific aspects making them difficult to execute on-ground. OPTIMIZE YOUR CONTRACTS & CARRIER MODES TO FIT YOUR BUSINESS NEEDS Establish streamlined contract periods for each lane depending on volume fluctuations. Craft hybrid contracts optimized for the right mode for each lane without worrying about execution complexity. I keep drawing from the same pool of carriers - I don't know how my rates and service levels fare against the market! TAKE DATA-DRIVEN DECISIONS ON YOUR CARRIERS TO REDUCE COSTS, IMPROVE PERFORMANCE & RELIABILITY Discover new vendors through Pando's growing network of 3000+ integrated carriers. Scorecard and benchmark existing and new carriers against parameters like cost, reliability, performance, financial health, ESG coverage, and more. Freight procurement is a lot of effort: planning, tendering, auctioning, collating and negotiating bids, etc. Currently, my indirect procurement tool cannot procure freight through RFQs or reverse auction workflows. We don't have the time or resources to do this manually! EFFICIENTLY MANAGE ALL STAGES OF YOUR PROCUREMENT EVENTS WITH INTELLIGENT EXECUTION Plan, create and manage target spend budgets on a granular level before launching procurement events. Intelligently club your lanes and rates to plan optimal events with data-driven insights. The entire process of putting out an RFQ, receiving bids, analyzing and then selecting the best bid is so time-consuming. There has to be an easier way to manage it! CREATE & MANAGE BID AWARDS SEAMLESSLY WHILE ENSURING CARRIER FLEXIBILITY Collaboratively bundle lanes and offer guaranteed share of business or volume promises in order to ensure intelligent negotiations with carriers. Allow your carriers the flexibility to bid for lanes with commercial terms unique to them and easily manage bid awards, freight rate matrices and contracts. The post-auction analysis is often an afterthought and we don't get nearly enough value and insights out of the process as we should. MONITOR ALL YOUR BUDGETS, RATES & COSTINGS ON A SINGLE DASHBOARD ACROSS THE PROCUREMENT PROCESS Plan, create and manage granular total budgets and target yield for each contract period. Streamline your post-auction analysis, budgets vs. actuals analysis, historic and market benchmarking, feasibility evaluation, and more. EXPERIENCE THE PANDO ADVANTAGE COMPLIANT & TRANSPARENT Access time-stamped, user-tracked data logs for all transactions with controlled information across vendors. INTUITIVE UX User-friendly experience across mobile and web with nuanced capabilities for easier and faster bidding. DATA-DRIVEN DECISIONS Drive intelligent frieght procurement with advanced analytics and actionable insights. READY INDUSTRY TEMPLATES Unlock pre-populated freight focused industry templates with best practices clearly outlined. ZERO DOWNTIME Guaranteed live support during your procurement events to ensure smooth execution. UNIFIED TEAMS FULFILL DREAMS Discover how your team can benefit from a modern, end-to-end unified Fulfillment Cloud. PANDO IS LOVED BY... IT FINANCE SALES CUSTOMERS CARRIERS SUPPLIERS ONE TOUCH INTEGRATIONS Plug and play APIs to integrate seamlessly with enterprise ERPs, carrier systems, IoT devices, and other solutions in your business. WORLD-CLASS SECURITY Enterprise-grade platform with access rights management, data security, mobility, document management, and a data lake. EFFORTLESS UX Intuitive, network-first user experience that drives speedy adoption across your supply chain network. UNIFIED MASTER DATA Master data management across all your vendors, carriers, facilities, SKUs, and customers in one place. IMMEDIATE ROI Reduce freight costs by 12-14% within two quarters post-implementation. SIMPLIFY FREIGHT AUDIT & PAYMENT Enable strict control over base and accessorial freight through our unified platform. CURRENCY & TAX CONTROL Unlock automatic currency conversion and global tax compliance for freight. BETTER PO ACCURACY Modular solutions backed by our powerful unified platform allow for better control for direct materials, inbound and outbound freight. SIMPLIFY ORDER COORDINATION Say goodbye to coordination between distribution center teams and customers for order visibility. You just need to send a magic link on dispatch! RECOGNIZE REVENUE FASTER Quicker dispatches and faster deliveries means shorter order-to-cash cycles. BETTER CUSTOMER SERVICE Ensure real-time end-to-end visibility and ETA availability for customers. RELIABLE DELIVERIES WITH ON-TIME IN-FULL ASSURANCE Improve service level adherence by 21% with streamlined order fulfillment. REAL-TIME VISIBILITY Benefit from availability of shipment status and ETA from time of order until delivery. DATA-BACKED RESOLUTION ACROSS DELIVERY ISSUES Time-stamp each activity from dispatch to delivery and enable closed loop availability of audit trail for all deliveries. REAL-TIME COMMUNICATION Online communication of shipment creation, modifications, and spot RFQs for easy coordination with shipper. EASY & ACCURATE INVOICING Unlock access to automated rate calculations for each shipment that tie back to contracts. FASTER PAYMENTS Reduce payment cycles to less than 15 days from shipment execution. STREAMLINED BUSINESS Digitization of all transactions removing human errors and inefficiencies. INCREASED INCLUSIVITY INTO SHIPPER'S BUSINESS Enhance supplier collaboration from PO creation until delivery realization. SIMPLIFY DISPATCH PROCESS Provide real-time visibility to suppliers with regard to pickup schedules, carrier information, and driver details for coordinated handover. EASY RESOLUTION ACROSS SUPPLY ISSUES Time-stamp each activity from pick up to delivery at shipper's location with a reliable audit trail. "WE WERE LOOKING FOR A UNIFIED PLATFORM AS WE HAVE MULTIPLE BUSINESSES OF DIFFERENT KINDS - B2B AND AB2B. WE WANTED TO BE ABLE TO KEEP TRACK OF OUR END-TO-END VALUE CHAIN ON THIS PLATFORM AND PROVIDE A MULTICHANNEL INTERFACE TO ALL OUR INTERNAL AND EXTERNAL LOGISTICS STAKEHOLDERS. WE NEEDED A MODULAR SOLUTION THAT WAS SCALABLE AND WE WERE HOPING TO LEVERAGE ADVANCED ANALYTICS FROM ALL THE DATA WE WERE GENERATING ON THE PLATFORM. PANDO WAS THE RIGHT FIT FOR OUR REQUIREMENTS." Poorav Sheth - Chief Digital Officer, Godrej & Boyce Poorav Sheth Chief Digital Officer, Godrej & Boyce "WE WERE LOOKING FOR A UNIFIED PLATFORM AS WE HAVE MULTIPLE BUSINESSES OF DIFFERENT KINDS - B2B AND AB2B. WE WANTED TO BE ABLE TO KEEP TRACK OF OUR END-TO-END VALUE CHAIN ON THIS PLATFORM AND PROVIDE A MULTICHANNEL INTERFACE TO ALL OUR INTERNAL AND EXTERNAL LOGISTICS STAKEHOLDERS. WE NEEDED A MODULAR SOLUTION THAT WAS SCALABLE AND WE WERE HOPING TO LEVERAGE ADVANCED ANALYTICS FROM ALL THE DATA WE WERE GENERATING ON THE PLATFORM. PANDO WAS THE RIGHT FIT FOR OUR REQUIREMENTS." “EVERYONE IN THE SUPPLY CHAIN INDUSTRY FACES SIGNIFICANT PRESSURE TO BRING DOWN THE OVERALL LOGISTICS COST. WE AT GCPL HAD TO BE REALLY INNOVATIVE IN SELECTING THE RIGHT TOOL FOR OUR ENTIRE RFQ AND REVERSE AUCTION PROCESS. PANDO’S FREIGHT PROCUREMENT SOLUTION WILL GIVE YOU THE RIGHT INTELLIGENCE AND HELP IDENTIFY THE RIGHT TRANSPORTERS FOR YOUR NETWORK - THOSE WHO ARE BOTH COMPETENT AND PROVIDE SERVICE AT COMPETITIVE PRICES.” Sanchit Bhatnagar - Deputy General Manager - Distribution Planning, Godrej Consumer Products Sanchit Bhatnagar Deputy General Manager - Distribution Planning, Godrej Consumer Products “EVERYONE IN THE SUPPLY CHAIN INDUSTRY FACES SIGNIFICANT PRESSURE TO BRING DOWN THE OVERALL LOGISTICS COST. WE AT GCPL HAD TO BE REALLY INNOVATIVE IN SELECTING THE RIGHT TOOL FOR OUR ENTIRE RFQ AND REVERSE AUCTION PROCESS. PANDO’S FREIGHT PROCUREMENT SOLUTION WILL GIVE YOU THE RIGHT INTELLIGENCE AND HELP IDENTIFY THE RIGHT TRANSPORTERS FOR YOUR NETWORK - THOSE WHO ARE BOTH COMPETENT AND PROVIDE SERVICE AT COMPETITIVE PRICES.” “I LOVE THE PRODUCT AND THE PANDO TEAM IS ALWAYS THERE TO SUPPORT MARICO. THEY HAVE A HIGH BIAS FOR ACTION.” Jivraj Papdiwal - Head - Logistics, Warehousing & Customer Service, Marico Jivraj Papdiwal Head - Logistics, Warehousing & Customer Service, Marico “I LOVE THE PRODUCT AND THE PANDO TEAM IS ALWAYS THERE TO SUPPORT MARICO. THEY HAVE A HIGH BIAS FOR ACTION.” "PANDO’S IMPLEMENTATION IN GCPL WAS ONE OF THE SMOOTHEST WE’VE EVER HAD - TO ONBOARD SO MANY PEOPLE IN SUCH A SHORT TIME WAS INCREDIBLE TO SEE. I THINK THE TEAM AT PANDO WORKED HARD TO ENSURE A SMOOTH ROLLOUT, AND THE PRODUCT ITSELF HAS BEEN FANTASTIC FOR OUR ORGANIZATION. WE LOOK FORWARD TO GROWING WITH PANDO IN THE FUTURE." Sanchit Bhatnagar - Deputy General Manager - Distribution Planning, Godrej Consumer Products Sanchit Bhatnagar Deputy General Manager - Distribution Planning, Godrej Consumer Products "PANDO’S IMPLEMENTATION IN GCPL WAS ONE OF THE SMOOTHEST WE’VE EVER HAD - TO ONBOARD SO MANY PEOPLE IN SUCH A SHORT TIME WAS INCREDIBLE TO SEE. I THINK THE TEAM AT PANDO WORKED HARD TO ENSURE A SMOOTH ROLLOUT, AND THE PRODUCT ITSELF HAS BEEN FANTASTIC FOR OUR ORGANIZATION. WE LOOK FORWARD TO GROWING WITH PANDO IN THE FUTURE." RECOMMENDED BY GLOBAL CONSULTING & TECHNOLOGY COMPANIES YOU MIGHT ALSO BE INTERESTED IN... FREIGHT AUDIT & PAYMENT Learn More COLLABORATIVE EXECUTION Learn More DELIVERY OPTIMIZATION Learn More FREIGHT AUDIT & PAYMENT Learn More COLLABORATIVE EXECUTION Learn More DELIVERY OPTIMIZATION Learn More FREIGHT AUDIT & PAYMENT Learn More COLLABORATIVE EXECUTION Learn More DELIVERY OPTIMIZATION Learn More FREIGHT AUDIT & PAYMENT Learn More COLLABORATIVE EXECUTION Learn More DELIVERY OPTIMIZATION Learn More WHY PANDO? Why do Fortune 500 enterprises like Perfetti Van Melle, Johnson & Johnson, Castrol BP and more trust Pando? Find Out JOIN CROSSROADS Crossroads is an exclusive community for supply chain leaders to learn from each other, celebrate successes, and grow together. Learn more DISCOVER YOUR PATH TO SUPPLY CHAIN AGILITY. SPEAK TO OUR EXPERTS TODAY! PRODUCTS * Core Fulfillment * Fulfillment Monitor * Freight Procurement * Delivery Planning & Optimization * Collaborative Execution * Freight Audit & Payment * Packing Execution INDUSTRY * Consumer Products * Automotive * Retail * Chemicals RESOURCES * Customer Stories COMPANY * About Us * Why Pando? * Life @ Pando * Partners * Newsroom CONTACT US COMMUNITY PRIVACY POLICY TERMS OF USE Products * Core Fulfillment * Fulfillment Monitor * Freight Procurement * Delivery Planning & Optimization * Collaborative Execution * Freight Audit & Payment * Packing Execution Industry * Consumer Products * Automotive * Retail * Chemicals Resources * Customer Stories Company * About Us * Why Pando? * Life @ Pando * Partners * Newsroom Contact Us Community Privacy Policy Terms of Use Copyright 2022 Quaking Aspen Inc. Follow us on LinkedIn Follow us on Instagram