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Freight Procurement PlatformPando

AI-powered platform for freight procurement, RFQ automation, and carrier collaboration.

Vendor

Vendor

Pando

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Company Website

Product details

Automate Every Step Of Freight RFQs

Pando’s Freight Procurement solution automates the end-to-end logistics sourcing process. It streamlines RFQ creation, carrier participation, bid evaluation, and contract management. By leveraging AI-driven insights, it reduces procurement cycle times, improves carrier collaboration, and ensures cost-effective freight allocation. Enterprises gain transparency, efficiency, and resilience in their supply chain procurement workflows.

From manual to autonomous Create RFQs instantly using AI-powered templates and historical patterns. Automate lane configuration, event scheduling, and carrier selection across ocean, air, and ground modes.

Negotiate with market intelligence Validate carrier bids automatically for anomalies, compare rates against market benchmarks, and receive AI-guided insights on bid competitiveness across lanes and accessorial charges.

Rapid response spot procurement React instantly to market changes with automated spot procurement workflows. Connect your ERP to trigger automated RFQs for urgent shipments or to capture favorable rates.

Data-driven sourcing decisions Access comprehensive analytics on carrier performance, rate trends, and lane economics. Get AI recommendations for optimal RFQ timing and carrier allocation across your network.

Model your sourcing strategy Run what-if scenarios for carrier allocation, analyze cost impact of different award strategies, and optimize share of business across your carrier base.

Green your carrier network Track carrier sustainability metrics, analyze emissions data, and factor environmental impact into procurement decisions. Configure RFQs to prioritize sustainability-focused carriers.

Features

  • Automated RFQ Management: Creates and manages freight bid events with carrier mapping and participation tracking.
  • Smart Bid Evaluation: Detects anomalies, benchmarks rates, and recommends counter-offers for optimal outcomes.
  • Scenario-Based Allocation: Finalizes lane allocation using AI-driven scenario planning.
  • Contract Lifecycle Automation: Manages contract creation, renewals, and SLA mapping seamlessly.
  • Analytics & Insights: Provides visibility into spend, savings, and carrier performance for strategic decisions.