LogieBid

Freight & Cargo Insurance

eBidding – anytime, anywhere

Go-to Digital eBidding solution for procurement of Freight & Cargo Insurance, all modes & trade lanes

Companies can benefit from minimizing logistics spend, automating and accelerating the procurement process with our LogieBid platform.

Importers and Exporters worldwide can launch reverse auction to procure most competitive Freight rates & Cargo Insurance online. The solution is designed with Artificial Intelligence technology that leads users to get an unrivalled customer experience. Customers can automate the eBid launch time, set awarding parameters, review live bidding, analyze and award the bids.

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Benefits for Importers and Exporters

Logistics Procurement made digital, transparent and cost effective

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Cost Saving

Customers can save an average of 10% to 20% on their freight and insurance costs when they procure through the reverse auction tool. Users can set target price during bidding, with or without visibility to the bidders, manage automatic bid extension and avail best rates

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Real time visibility

Manage your end to end milestones from the preparation of bids until award. For shipments awarded to LogisEye vetted Logistics Service Providers and routed through the solution, customers can get real time visibility

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Time Savings

Our Artificial Intelligence enabled automated solution can save over 40% of normal procurement time. Online workflow management, automated bid parameters, analysis and award will improve efficiency and accelerate the procurement process.

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Global Network

Companies can easily select from global & local Logistics Service Providers and Cargo Insurance Providers registered with LogisEye. In addition, users can invite additional suppliers of their choice to participate in the bid. This helps the companies in procuring most competitive rates and service levels.

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Cost Management

Management Target price during bidding, Purchase Order Management and Business Intelligence Tools to manage logistics cost against budget by project and / or business units

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Transparency & Compliance

Get complete visibility and compliance on supplier selection, cost management, denied party & embargo screening, and electronic data management all on one platform

Data security, privacy and encryption
is at the core of our DNA


Benefits for Logistics Service Providers

Experience the power of digital procurement

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Business Growth

Connect easily with global and local customers through online bidding and accelerate your business

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Profitability Management

Easy to manage automated online bidding template avoids errors in manual rate tabulation and provides full visibility on profit margins

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Bid for the best – Cost Savings

Logistics Service Providers can register as a customer and launch eBids to procure freight and related services from their sub-contractors and save estimated 5% -15% of costs

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Time Savings

Our Artificial Intelligence enabled automated solution can save over 70% of normal bid participating time. AI enabled Logibot and inbuilt 3-way chat will expedite bidding process through proactive communication

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Transparency

Get complete visibility, compliance on supplier selection, denied party & embargo screening and electronic data management all on one platform

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Digitalized Bid Management

Live Dashboard to provide end to end visibility from the bid launch till bid award. Logistics Service Providers as a customer can route and get visibility of all shipments that they sub-contract through LogieBid.

FAQ’s

LogieBid has LogisEye vetted service providers registered with us for most of the trade lanes. Users can select from these registered service providers and invite additional Service Providers of their choice to participate in eBids. LogisEye has the capability of a unique In-app 3-way chat, which allows selected parties to be on the same conversation.

Yes, you can set default Award Parameters and Weightages for your standard eBids. Users can edit the default Award Parameters and based on specific eBid requirements.

Yes, users can request credit period from service providers at the time of launching eBids. If the user wants to use credit facility with LogisEye, they must select Credit Application and approval process at the time of post registration. Users can opt to pay for their eBids using other LogisEye payment methods (Credit/Debit Cards/Net Banking/LogiEye Wallet)