Driving Decisions: How to Secure Winning Bids This RFP Season
The latest edition of the Driving Decisions newsletter by Optimal Dynamics shares an opportunity to perfect your RFP bidding strategy, the details behind how Grand Island Express broke records using decision automation, a big welcome to new customer CRST The Transportation Solution, Inc. , plus more insights on optimizing operations for trucking companies.
Have questions? Reach out to us via our LinkedIn page .
Find the Best Lanes and Optimal Volumes This RFP Season
We’re heading into the heavier RFP season, which makes this the perfect time to look at your bid strategy and process. To make winning bids that maximize utilization and profitability, you need to understand how each bid:
- Impacts your profit margins.
- Affects your network balance.
- Fits within your service coverage.
Join us for a live webinar on Wednesday, July 31 at 12pm EDT, during which Optimal Dynamics’ Ashley Campbell, MBA and Scott Gowan will reveal winning strategies for successful bidding.?
Save your spot here: https://www.dhirubhai.net/events/7217157320353406976/about/
Grand Island Express Supercharges its Tech Stack with Decision Automation
New Optimal Dynamics customer Grand Island Express has experienced amazing results since tapping into the power of decision automation. Since adopting Optimal Dynamics’ Dispatch and Load Allocation solutions, the company has achieved:
- A shift away from routine tasks for 80% of fleet managers.
- A 13.4% increase in revenue per truck per week.
- Three new revenue records and two loaded mile records in just weeks.
- Supercharged performance from its existing tech stack including McLeod Software ’s LoadMaster TMS.
How did Grand Island Express achieve these amazing results? Find out by downloading the full case study .
Welcome CRST to the Optimal Dynamics Family!
We were thrilled to recently add CRST The Transportation Solution, Inc. to our growing roster of enterprise fleets that are embracing the power of decision automation in their operations.
CRST is one of the nation’s largest privately held transportation and logistics companies. They selected the Optimal Dynamics platform due to its ability to support:
- Optimal load balancing between brokerage and assets.
- Accelerated and improved dispatch decision-making.
- Increased driver utilization while maximizing revenue.
- Easy integration with its current tech stack (including McLeod Software TMS data).
- Drivers viewing and accepting freight recommendations via a new mobile app.
Get all the details on this new relationship by reading the full announcement .
Proactively Fill Network Gaps with Optimized Spot Freight
Spot freight helps fill network gaps and address deadhead miles. However, while selecting spot freight closest to a driver’s location may seem like a quick fix, it often results in suboptimal load selections, leading to inefficiencies and missed revenue opportunities.
Source, the newest addition to Execute by Optimal Dynamics? , aggregates all of your spot freight sources into a single user interface and provides real-time, optimized freight recommendations tailored to your specific network. This patent-pending workflow helps teams easily, confidently, and proactively source optimized spot freight — across external load boards, emails, and private customer boards — to meet short-term needs and long-term objectives including driver satisfaction, utilization, and profitability.
Learn more about Source in our recent blog post .
What can Decision Automation do for Your Business?
Decision automation helps enterprise trucking companies unlock a series of benefits, including greater revenue per truck, less time spent on manual and repetitive tasks, and holistic network optimization.
The right technology partner is the key to reaping these benefits at your company. At Optimal Dynamics, our leadership team has spent decades researching and solving the greatest and most complex logistics challenges in the trucking and transportation industry. Our platform and the results it delivers are the outcome of that research and work.
Get in touch with us to start exploring the benefits of decision automation.
Professor Emeritus, Princeton University/ Co-Founder, Optimal Dynamics/ Executive-in-Residence Rutgers Business School
3 个月An incredible feature of the bidding tool is that it is based on simulating dispatching using the exact same logic used in three real-time dispatching tool that is giving our carriers a boost in profitability. The lanes that the OD Bid tool recommends is taking into consideration network balance issues and driver management constraints that are needed to execute a plan.