Secure the best deal through Automated, Compounded Negotiation
Our automated compounded negotiation system ensures that your vendors compete to give you their best possible rates, driving double-digit cost saving each time you ship.
Audit-ready, Transparent Procurement
Accepted by all the major global accounting firms. GoComet's data logs record every interaction in the bidding and selection process to ensure that your business is awarded on merit. In addition, our system logs dramatically reduce the time taken to conduct internal and external audits.
Reduced turnaround time for Spot Rates
GoComet's platform allows you to set your own deadlines for procuring spot shipment rates from your vendors, automatically nudging their submissions in the time frame that suits you and your business.
Instantly compare rates and vendor performance analytics
GoComet captures and records a range of data metrics such as performance of all your vendors over a period of time across shipping lanes, regions or business units. Leverage the value of your supply, chain analytics and move to a data-driven decision making process.
Stress-free documentation process
GoComet's template-based, formatting system auto-fills information for you, increasing accuracy levels and efficiency by saving you time that can be invested in other areas of your business.
"GoComet has comprehensively transformed our commercial finalisation in the export process. It has created process resilience and streamlined our logistics operations. The RFQ module's negotiation system has made it possible to get the best rates and helped us reduce costs significantly. Moreover, as the system has digitalized and automated the entire freight procurement process, every piece of information is a click away and has paved the way for seamless audits. Compliments to the GoComet team on developing this module. Now we are working to implement this even at all our international Locations."
Nikunj Desai
Head of Global Supply Chain, Associated Capsules Group
FAQ - Freight Quotation Management
- A freight management system helps streamline your logistics operations and eliminates the scope for errors in carrying out various supply chain functions.
- It helps you enhance your brand image via improved ability to meet your customers’ needs and ensure top-quality customer service.
- Adopting a logistics software facilitates sound supply chain management as customer orders, and the billing process is carried out efficiently.
- A freight management software solution paves the way for an integrated supply chain management where each party concerned with the operations can access all the relevant information at any time from anywhere.
- The system helps you build an agile and cost-effective supply chain by ensuring that you get the best freight rates possible.
- A freight management software solution makes it possible to forecast demand and better manage the available resources and the overall production cycle.
- The logistics management solution automates multiple workflows, making processes quicker and error-free.
- It frees up your team from tedious, repetitive tasks and allows them to focus on more meaningful work.
- The system facilitates accurate and sound planning and allows you to track and trace each activity on a single dashboard.
- Some freight management software auto-capture multiple data-points, analyse the data and offer instant actionable insights.
A freight management system makes it possible for shippers to streamline their supply chain operations, make the shipping process more convenient and quick and boost logistics’ overall efficiency.
Through smart automation technology, freight management software enables shippers to save time and costs. It also ensures end to end visibility and transparency over supply chain functions.
The system is also known as an RFQ Management system, logistics management software, transportation management system, etc.
Data-driven supply chain management is crucial to running a smooth business and having the edge over your competitors. However, converting large amounts of data into actionable insights is impossible without having access to the right tools.
Consolidating data manually and drawing insights from it can be tedious, time-consuming, labour intensive and prone to errors.
Freight management software solves this problem by auto-capturing and recording several data points.
The metrics include the performance of the carriers you partner with, of your vendors across shipping lines over a period of time for various business units and geographies, and more.
The system employs proprietary algorithms and converts this data into actionable insights. It's consolidated performance, and analytics dashboard equips you to make data-driven and informed decisions.
Each Freight Management System’s price varies depending on the features the system has to offer, the service provider, the level of customisation involved, etc. However, a cloud-based SaaS freight management platform typically is priced on a yearly or monthly subscription basis.
Yes, there are many systems available in the market built to ensure seamless integration with other systems. It's vital that you do your research and carefully evaluate the software to check if it is compatible with other solutions that you might be using.
Irrespective of how big or small your supply chain network is, a freight management system by design is meant to benefit you. If you have an export-import oriented business, a freight management system will go a long way in driving process efficiencies and significant savings for your company.
