Legacy freight RFP practices take months to complete;
often obsolete shortly after being executed
Today's shippers and carriers operate in a highly volatile market. To say that supply chain management has become more challenging in recent years is an understatement. Shippers are dealing with the ongoing global pandemic and a host of other issues – trucking capacity, a national driver shortage; and container ships sitting for months at port locations waiting to be unloaded.
In this environment, does the annual RFP work– for shippers or carriers?
In the past, freight RFPs took months to complete. Every aspect of the process was labor-intensive from asking providers to bid to analyzing responses and then notifying carriers of awards. With capacity and rates changing rapidly, many annual plans are obsolete shortly after being executed.
In this webinar, you will hear from Matthew Novak, SVP of Global Distribution & Transportation of Fortune Brands, a leading provider of numerous industrial brands, about how the company changed the game in the freight RFP process. By significantly reducing the amount of time needed to execute bid events, Fortune Brands can schedule bids based on market dynamics and take complete control of its freight strategy.
SVP, Global Distribution & Transportation
Vice President of Enterprise Sales
Host: David Maloney
Group Editorial Director
DC Velocity and CSCMP's Supply Chain Quarterly