BidSmart(TM) a Winner for Schneider Logistics and Trade Extensions
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HOUSTON, October 8 /PRNewswire/ -- Schneider Logistics, Inc., a leading
global logistics provider and part of the Schneider National enterprise, and
Trade Extensions, specialists in online negotiations and analysis, have been
selected by APICS - The Association for Operations Management, as a 2009
Corporate Awards of Excellence winner for the development of BidSmart(TM) - a
bid management and analysis tool for transportation tenders. The companies
were recognized in the Technology Partnership Award of Excellence that
specifically highlights the success that can be achieved when technical
providers and corporate clients work together.
Schneider Logistics and Trade Extensions created BidSmart(TM) in 2004 and
it is now one of the leading online transportation negotiation platforms in
the U.S. The system maximizes shippers' exposure to the market place of
carriers and automates many of the time-consuming and inefficient processes
of traditional tendering such as distributing, collating and analyzing RFIs,
RFQs and RFPs(1). Significantly, BidSmart(TM) is more effective than
traditional tendering because it allows shippers to optimize vast amounts of
data to find individual solutions based on their personal criteria and those
of their suppliers. Since 2006, nearly $3 billion of transportation spend has
been sourced through BidSmart(TM), generating an average saving of 10 per
cent.
Trade Extensions, President, Garry Mansell said, "This award demonstrates
our commitment to our customers and shows how partnering effectively delivers
significant benefit to both companies but more significantly the end user."
To ensure BidSmart(TM) continues meeting the needs of the transportation
industry it is constantly improving with the latest version estimated to
reduce project set-up time by 10-15 percent and halve the number of steps
required for several of the workflow processes.
Schneider Logistics' Jack Gross, VP/GM of Global Supply Chain Management,
said, "Since inception, this bidding and analysis tool has saved shippers
over $300 million in annual transportation spend. In today's competitive
environment, it's more important than ever that shippers optimize their
supply chains and reduce costs. BidSmart helps them do just that." (1)
Definitions
RFI - Request for Information
RFQ - Request for Quotation
RFP - Request for Proposal
About Trade Extensions
Trade Extensions (http://www.tradeextensions.com) sets new standards for
on-line procurement and data optimization. Its leading-edge procurement
software helps organizations specify tenders, collect offers and, most
significantly, optimize the millions of variables that on-line procurement
projects generate. It operates across all industry sectors but transport
tenders are a specialty.
Trade Extensions is headquartered in Uppsala, Sweden and has divisional
offices in Houston, TX and the UK.
About Schneider Logistics, Inc.
Schneider Logistics, Inc. (http://www.schneiderlogistics.com) is an
international logistics provider to Global 2000 companies. Together with its
subsidiaries American Port Services and American Overseas Air Freight, the
company provides end-to-end supply chain management, transportation
management and international logistics services.
Schneider Logistics, Inc. is a wholly owned subsidiary of Schneider
National, Inc. headquartered in Green Bay, Wisconsin.
BidSmart(TM) is a trademark of Schneider National, Inc.
SOURCE Trade Extensions and Schneider Logistics
More Information: Niklas Pettifor - P&P - niklas@pettifor.com - +44
(0)20-7936-9269
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