- 6 April 2016
- Transport / Logistics Services
Global cloud based transportation management solutions provider MercuryGate has announced the availability of MercuryProcure, an advanced freight sourcing solution. This allows users to manage requests for proposals (RFPs) for all transportation modes using a single system.
MercuryProcure is available on a monthly subscription, and integrates other MercuryGate products. It will allow users to leverage the power of carrier rating, report on carrier performance, and use real-time shipment data to project accurate costs as they calculate transportation purchasing costs.
“The freight industry is complex, with multiple modes, varying rate structures and volatility in the market, both in terms of providers and capacity,” said Monica Wooden, MercuryGate Co-Founder & Chief Executive Officer.
“Shippers and logistics professionals require a solution designed specifically for freight procurement, so we created MercuryProcure to enable our customers to maximize their purchasing power while streamlining the entire RFP process.”
The system has been designed for ease of use for both shippers and 3PLs as well as carriers responding to requests. Users can provide rich lane metrics to carriers as well as their current standing in the bid process. This will allow carriers to be better informed regarding what lanes they choose to pursue and will enable improved participation rates in bid events.
“Carrier selection is a critical function for many logistics professionals,” said Wooden. “That is why we developed MercuryProcure from the ground up to ensure that our customers have access to the optimal transportation solution for every lane or product.”
According to MercuryGate the key features are:
“A software solution designed for freight procurement that manages all modes within one system.
Gives users visibility to market trends as well as historical carrier performance handling their shipments.
Expedites the bid process by aggregating rich data from a variety of sources.
Improve carrier participation by enabling collaboration with carriers via portals and providing them greater visibility throughout the process.
MercuryGate is the largest best of breed, global transportation management solution provider deployed on the cloud.”
The company provides a highly scalable platform that supports all modes of transportation (Parcel, LTL, Truckload, Air, Ocean, Rail, Intermodal) allowing companies to centrally manage transportation across divisions and business units with control tower visibility.