Truck Freight

Procurement drives bottom-line results.  Marex works with clients across the globe to improve their freight procurement process and methods.  

This applies to all transportation modes – road, air, ocean, inter-modal 

Most clients are hitting the “easy button”….working with the same vendors under little to no process resulting in above-market rates, vendor complacency, poor service quality and mis-match of capabilities for the job.

Common problems

Freight procurement and vendor problems abound

• Market disconnected pricing,
• working with the wrong vendors,
• declining service quality,
• lack of real-time market data,
• the market changes every few years yet our procurement process and methods remain static,
• de-centralized data,
• no thoughtful strategy around procurement,
• missing spot market opportunities

Solutions

We have solutions for every problem.

• dynamic pricing,
• ability to pre-qualify a larger pool of vendors by lane,
• geography or capacity type select the right vendors for your needs based on price, service quality and capacity,
• freight market intelligence,
• optimize procurement process 

Our procurement solutions generate an average savings of 7% to our client’s bottom line

This section should address the old way and the new way of procuring and managing freight.  

The old way

Freight procurement is an essential part of any business. The right logistics partner could save you money, improve customer service and offer you supply chain transparency. Yet, many businesses run their freight procurement “manually” from spreadsheets, emails and Microsoft Word RFP’s. Modern freight procurement systems that digitize some or all of the procurement lifecycle have the potential to speed up the process through automation. Choosing a freight partner is critical to your business and revolves around more than just cost. Capacity, reliability and performance are equally important.

New way –

Marex leverages digital platforms which are collaborative and automate the freight procurement process.  These systems should

• RFP’s 
• Mini Bids
• Vendor Management 
• Sport Management 
• Marketplace intelligence 
• Carrier assessments – alert you to potential problems and produce performance indicators

Our freight procurement solutions reduce cost, save time and operates more intelligently. The Marex team comprises logistics technology experts, and will custom fit the correct procurement management platform to your needs to optimize and automate your freight procurement process.  

Whether you prefer the old way and would like to stay there, or you’re ready to adopt new methods we can help.  

Vendor procurement should be intentional, planned and well-executed in a frequent bid cadence to ensure competition and competitive pricing. We take a systematic approach to qualify, bid and procure freight vendors. We leverage technology to automate and streamline the procurement process. We will provide you modal options at the most competitive rates for your shipping needs. These include

• Comprehensive vendor vetting and qualification 
• Compliance audits
• RFP process management
• Freight cost reduction & contract negotiations
• Rate strategy
• Key Performance Indicator (KPI) development and scorecards

Vendor Management 

Vendor performance management is as important to your business as vendor procurement.  Our processes and tools deliver much-needed visibility into vendor spend and include real-time reporting data that allow you make proactive decisions which will positively impact your operation. 

We provide our clients with access to the following reports and data 

• KPI Performance (Planned vs. Actual) 
• Business Intelligence
• Cost Analysis 
• Standard and Custom Reports