TMW Systems develops bid management app

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Updated Oct 3, 2016
TMW Systems’ president Dave WanglerTMW Systems’ president Dave Wangler

TMW Systems has developed a web-based business management application, TMW Engage.Bid, that it says enables carriers, brokers and third-party logistics (3PL) providers to streamline the freight bidding process.

The application allows users to save time and labor, improve accuracy and leverage pricing intelligence to increase their success in winning business, it said in a press release.

TMW Engage.Bid simplifies the conversion and analysis of shipper RFP documents. Users can apply pricing intelligence – including the TMW Market Rate Index (MRI) – to assess each opportunity and develop bids that are consistent with their strategies and cost structures.

The application was developed by TMW professionals with extensive bid management experience, and replaces the multiple spreadsheets, emails, paperwork and other manual processes.

“This powerful new application offers the productivity tools needed to dramatically speed this process and provides industry-leading pricing intelligence that can enable our customers to more effectively compete to win business,” said David Wangler, president of TMW Systems.

TMW Engage.Bid tracks the status of open bids and indexes and stores current and historical bid data in searchable form to ease workflow constraints.