Logistics.com and ICG Commerce announced a strategic partnership where ICG Commerce will use Logistics.com's OptiBid transportation sourcing technology to help its customers source optimal worldwide, multi-modal transportation contracts.
ICG Commerce helps companies reduce their procurement costs by combining deep procurement expertise with powerful technology. OptiBid will compliment ICG Commerce's existing eSourcing tools by providing additional functionality that is specific to transportation sourcing.
OptiBid has been used by more than 35 Fortune 500 shippers and 2000 carriers to procure over $8 billion in transportation services, saving shipper customers over $500 million and allowing carriers to bid more strategically on freight, according to Logistics.com. As a web-based solution, OptiBid enables shippers to rapidly source transportation online, standardize RFQs and collaborate with carriers, all while streamlining the sourcing process.
By using OptiBid, ICG Commerce will have the ability to benchmark its customers' current transportation costs against the market and determine the best sourcing strategy to meet customers' specific requirements.
Additionally, ICG Commerce will recommend Logistics.com's OptiManage to its transportation sourcing customers.
ICG Commerce helps companies reduce their procurement costs by combining deep procurement expertise with powerful technology. OptiBid will compliment ICG Commerce's existing eSourcing tools by providing additional functionality that is specific to transportation sourcing.
OptiBid has been used by more than 35 Fortune 500 shippers and 2000 carriers to procure over $8 billion in transportation services, saving shipper customers over $500 million and allowing carriers to bid more strategically on freight, according to Logistics.com. As a web-based solution, OptiBid enables shippers to rapidly source transportation online, standardize RFQs and collaborate with carriers, all while streamlining the sourcing process.
By using OptiBid, ICG Commerce will have the ability to benchmark its customers' current transportation costs against the market and determine the best sourcing strategy to meet customers' specific requirements.
Additionally, ICG Commerce will recommend Logistics.com's OptiManage to its transportation sourcing customers.
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