Tender
Tender in transport is an expression of English origin, which means a bid for the allocation of courier services based on offers submitted by interested shipping companies. Typically, the bid evaluates the quality of services and the price of a single shipment and the entire package - the brand that perfectly combines quality with low costs wins. Tenderers are attracted by the high transport demand and a large number of reliable orders, but in return they also expect high commitment and perfect fulfilment of the contract. Therefore, during the bid each forwarding company can assess the risks arising during the execution of the contract.
Basic characteristics of Tender transport
The main idea of the bid is the possibility of choosing a favorable offer and price competition between companies that have decided to submit them. As a rule, Tender involves very favorable contracts that favor only one brand. Interestingly, these contracts are very specific, and its assumptions must be fulfilled one hundred percent by the shipping company whose offer is selected as the winner. The selection is made by representatives of the company announcing the bid, who thoroughly evaluate the advantages of cooperation with each courier company separately, determining the winner based on the obtained data. The evaluation is subjective and may also take into account less typical parameters, which are not directly related to the implementation of the contract.
It is worth knowing that Tender transport is one of the best ways of rapid development of the forwarding brand due to the large number of certain orders throughout the contract, but at the same time also not high applicable rates. However, it is worth knowing that usually the Tender transport is won by a brand with an established position on the market, with which cooperation in the eyes of the company ordering the tender is safe and the results are certain.
Transport Tender is a type of bid for courier shipments, which aims to select the best company to provide a particular kind of service.