Boost efficiency and agility in ocean logistics procurement.
Keelvar helps buyers of ocean freight transportation optimize their award decisions and add intelligent sourcing automation to the mix.
The result? You increase speed and scalability to support annual carrier negotiations, as well as swiftly adjust to ongoing changes in the global shipping market.
The sourcing of ocean freight transport has some unique challenges for companies seeking to move goods along global shipping lanes. Competition from carriers on rates is often high on many lanes, so buyers benefit from Keelvar’s optimization and intelligent automation solutions that help them be more efficient in their annual and ongoing year-round negotiations.
Keelvar also helps our ocean freight buyers reduce business risk, increase savings potential, and improve tracking and forecasting of all negotiations.
Spot bidding events launched in minutes
Sourcing event triggering based on market conditions and demand
Sourcing event creation automated from your existing RFP templates
Event lifecycle management and auto-piloting
Carrier invitations and recommendations
Carrier and buyer messaging and feedback
Carrier bid input control and validation
Review of bid and optimized award scenarios
Negotiation traceability and compliance
AI that learns and improves over time
Automation of optimization event startup and workflows to advanced AI-powered Ocean Sourcing Bots.
Experienced professional services team to help with Ocean bid event on-boarding and success.
Scalability range to support frequent Ocean spot bids to large, complex annual RFPs.
Number of potential carriers
Size of spend
Number of lanes
Capacity requirements (FCL/LCL)
Capacity constraints and excess TEUs
Pricing granularity, such as by collecting and analyzing port-to-port, door-to-door, pre-carriage, on carriage, post-carriage options
Rate fluctuations, surcharges, and short rate
Cargo handling requirements