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AI Freight Procurement AnalystPando

AI agent automating freight procurement, RFQ management, carrier negotiations, and contract optimization.

Vendor

Vendor

Pando

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Company Website

Product details

Meet Pi. Inbox-native AI Freight Procurement Analyst

Pi is an AI-powered freight procurement agent that autonomates the RFQ-to-contracting process. It streamlines bid creation, carrier negotiations, and contract management while delivering faster cycle times, cost savings, and improved supply chain visibility. Trusted by global manufacturers, retailers, and distributors, Pi ensures smarter, data-driven logistics decisions.

Identifies expiring contracts & finalizes lanes Pi analyses your freight contracts to identify expiring lanes and can help in renew vs procure decisions. Pi can consolidate shipment lanes considering origin, destination & other routing dependencies along with factoring external risks to finalize lanes for bid event creation.

Selects carriers and launches bid events Pi can create different bid events based on mode, service, duration, and more, including RFQ templates and event-gating questions, among others. Pi also maps carriers to these events based on their historical performance and collaborates with carriers to confirm their participation.

Collaborates with carriers for bid responses Pi can respond to carrier queries and clarifications around Bid Event without any human intervention. Pi can also help carriers by suggesting responses to event-gating questions based on their historical responses to accelerate carrier response time.

Analysis bids and recommends counter-offers Pi can detect anomalies in bid submissions and help carriers to provide accurate responses. Pi can do a comprehensive post bid analysis across cost, speed, sustainability metrics in conjunction with market benchmarking to rank the bids with counter-offer recommendations.

Finalizes lane allocation based on scenario planning Pi can negotiate with carriers based on market intelligence, considering trade-offs across metrics to finalize bids and create an event summary with lane-wise carrier ranking. Pi also does scenario planning based on the share of business to arrive at optimal lane carrier allocation.

Manages and updates contracted carrier rates Pi can finalize lane bids against carriers to assist in completion of freight contracting process including award letters with SLAs mapped to each lane. Pi captures both base freight and accessorial rates in a comprehensive rate manager for downstream processes.

Creates reports and insights on procurement events Pi can analyze the freight procurement process to provide insights around financial impact (budget vs actuals), carrier insights (existing vs new carriers), sustainability impact (emission reduction planned), and event efficiency (cycle time) to enable strategic inputs.

Features

  • Smart Contract Analysis: Identifies expiring freight contracts and supports renew vs. procure decisions.
  • Automated RFQ Creation: Generates bid events, maps carriers, and manages participation seamlessly.
  • Intelligent Bid Evaluation: Detects anomalies, ranks bids, and recommends counter-offers using market benchmarks.
  • Scenario-Based Allocation: Finalizes lane allocation with scenario planning for optimal carrier distribution.
  • Comprehensive Award Management: Automates contracting, rate updates, and SLA mapping for downstream processes.