What is an RFP?
A request for proposal (RFP) is a business document that announces a project, describes it, and solicits bids from qualified contractors to complete it. In the transportation industry, shippers will send RFP's to the brokers they work with and those brokers will submit their bids with the hopes of being awarded the load. Often brokers that submit the best (lowest) bids are awarded the shipments and given the chance to arrange transportation.
Who can use the RFP Tool?
The RFP Tool is most beneficial for brokers who are receiving large quantities of RFPs (Requests for proposal) from shippers. Brokers will use the tool to help calculate the bids in bulk that they will send back to shippers in the hopes of being awarded the shipment. To use this tool, you must have a RateView subscription with the Ratecast option.
What is Volume T/C?
Volume total would be the requested volume by a shipper. We don’t define the timeframe because it can vary from shipper to shipper, but it could be something like 20 loads per week on X lane. The volume field in the import is “volume total”.
A broker/carrier can bid on a subset of that total volume which is where the “committed” field can potentially come in during the bid process. As a user, I can say I only want to bid on 10 of those 20 loads on lane X.
How many lanes can you upload at one time?
You can upload 10,000 lanes at one time.