SourceTAME

Marketplace Management

Multiple components to launch road freight marketplace

Fero’s marketplace management software enables customers like forwarders/large transporters to digitize all their transportation needs E2E. It will help customers to launch their own white-labeled marketplaces to effectively manage the demand and supply distribution through a single platform backed by advanced technologies like Artificial Intelligence (AI) and Machine Learning (ML).

Fero

Freight transactions

Customer and vendor panels · all lanes · this week

Open requests

1

Booked

1

In transit

1

Delivered

3

JobLaneVendorRate · vs boardStatus
JOB000888CUS-0087KEZAD → SoharTP-0204AED 4,200 +2.1%In transit
JOB000886CUS-0210Jebel Ali → DammamTP-0117AED 7,850 −0.8%Confirmed
JOB000884CUS-0142Mussafah → Jebel AliTP-0317AED 1,650 +6.4%Delivered
JOB000881CUS-0033Sharjah → MuscatNot placedAED 3,900 +1.3%Quoted
JOB000879CUS-0087DIC → RiyadhTP-0204AED 6,300 −2.4%Delivered
JOB000877CUS-0301Abu Dhabi → Jebel AliTP-0411AED 1,480 +0.6%Delivered

Key features

What Marketplace Management gives your team.

    • Requests

      8

    • Quoted

      6

    • Booked

      11

    • In transit

      14

    • Delivered

      23

    Centralized control panel to set up and monitor all Freight transactions

    Every freight transaction on your marketplace, from request to delivery, is set up and followed from one panel.

  • JOB000891 · Jebel Ali → Riyadh

    2 × 40ft flatbed · 30 May · reply YES

    YES 09:26

    WhatsApp based operational transaction with Vendors

    Vendors receive, accept and confirm loads on WhatsApp.

  • Jebel Ali → Riyadh

    KEZAD → Sohar

    Mussafah → Jebel AliAbove range

    AI based pricing board for tracking variance in rates

    Quotes are compared with the board's range for the lane, so rates that drift stand out.

  • Jebel Ali → Riyadh

    Demand 26 · contracted 20 trucks / week

    KEZAD → Sohar

    Demand 12 · contracted 14 trucks / week

    Contract risk management to leverage supply-demand risk

    See where demand on a lane runs ahead of the supply you have contracted.

  • JOB000891 · trucks placed 30 May, 07:00

    • Customer Seen
    • Vendor Seen
    • Operations Seen

    Real-time order communication with all stakeholders

    Customers, vendors and your team get the same order update at the same time.

    • Truck placed
    • Loaded at Jebel Ali
    • Border cleared · Ghuwaifat Custom
    • Delivered · Riyadh

    User-defined milestone management

    Set the milestones each customer or lane needs, including ones you define yourself.

    • Lane marginPricing coordinator
    • Vendor on-timeOperations
    • Open bookingsCustomer service

    On-demand user-based reports and analytics

    Each role pulls the report it needs, when it needs it.

Key benefits

Why teams switch it on.

  • Dedicated Customer panel and Vendor panel for external parties to manage their E2E transactions

    Customers book and follow their loads, and vendors take and update theirs, each in their own panel.

  • Whitelabled AI based assistant to support customers in various roles like Customer Service Coordinator, Pricing Coordinator, etc.

    An assistant under your brand answers enquiries and quotes on the marketplace's behalf.

  • Transparency on shipment status for all stakeholders

    Every party on an order sees the same status and milestones.

  • Flexible rate procurement options for End customers based on their requirements ranging from ad hoc shipments to Project cargo movements

    Customers can buy a single load or a whole project's worth of movements on one platform.

  • Reduce redundant tasks of coordination and communication

    Requests, quotes and confirmations move on one thread instead of calls and emails.

Also in source

Procure carriers on rate and performance rather than habit, and run the whole vendor and marketplace relationship in one place.

Bring us one lane. We will show you the difference on your own numbers.

A week of your orders, rates or invoices, run through Fero with your contracts and your carriers.