Scope of Module
Bid Manager is part of the Plan product. The module builds on the strategic simulator, with an interface that makes it possible to overlay proposed new business opportunities (from procurement events, mini bids, RFP events, etc.) on the existing network. New freight estimates are turned into actual loads following historical patterns. The strategic planning system then simulates actual dispatching, using current or planned sets of drivers. We can project load coverage that reflects the availability of drivers, the profitability of loads, and the attractiveness of the loads for your drivers.
The module uses a flat file mapping process to take any format of spreadsheet as in input - as long as it includes Origin 5 Digit Zip, Destination 5 Digit Zip, Load Count, Load Frequency, Mileage, and Rate information.
Bid Manager is an iterative process. It is possible to turn off selected lanes for an account when load coverage is not high enough, and to adjust prices and lane bonuses. Bid Manager may also be used in conjunction with other simulation scenarios during “what if” exercises.
Primary User Groups
Primary users of this module are any involved with freight procurement and/or new business evaluation. Some titles of users may include:
Customer Service Representative
Sales Manager
Sales Representative
Pricing Analyst
Executives focused on Mergers or Acquisitions
Frequency
This module is intended to be used on an “as needed” basis. Any potential new business is to be evaluated and simulations may be run to evaluate potential impacts to existing customers and networks. Additional training can be scheduled with your Customer Success Manager as well by emailing them directly or by contacting Optimal Dynamics at cs@optimaldynamics.com.
Goals
After completing the training session, users should have a general understanding of the specific module, a working knowledge on how to use and apply the feature, and a general understanding of the Optimal Dynamics terminology.