The benefits of a Digital Freight Marketplace (DFM)

Innovation, disruption and change occurs in every industry, also in Transport and Freight. We all know the example of mobile phones, digital camera’s, streaming services, etc. As technologies arise to solve new problems, every business has a choice – adapt or die out. We are bringing existing solutions and technology to a new industry, the Freight, Transport and Logistics industry. Marketplaces are know for many years. We all know Bol.com, Amazon, eBay, Mercado, Rakuten, Shopee, Pinduoduo, Allegro, Target, AliExpress, Taobao, Etsy, Trendyol, Flipkart, JD.com, Lazada, Zalando, Americanas, Tmall, Wish, Asos, OTTO, and many others.

Our technology that you will for sure be hearing more about in the next years is the digital freight marketplace (DFM). It is a marketplace as you know it as a consumer similar to the likes of Amazon, only fully focused on the B2B Freight, Transport and Logistics Industry.

The following are some reasons why you need to consider utilizing a DFM for 2022.

1. Direct to Carrier Capacity

With no sign of freight rates improving out, it’s evident to take every opportunity you can to save. A freight marketplace is a great way to get direct pricing with carriers. Clearly we understand, you don’t have the time to set up dozens or even hundreds of new carriers, but not to worry, the next items to come will ease your mind.

2. Carrier Transparency

Now that you have the ability to go carrier direct, you also gain peace of mind in knowing exactly who is hauling your precious cargo across the world. No more jumping through hoops to get updates and questions answered – go right to the source! Additionally, having a direct line of communication with your carrier is key to building long-lasting partnerships with carriers that understand your company’s budget and needs.

3. Less Contracts to Sign

Now that you have the ability to go carrier direct, you also gain peace of mind in knowing exactly who is hauling your precious cargo across the world. No more jumping through hoops to get updates and questions answered – go right to the source! Additionally, having a direct line of communication with your carrier is key to building long-lasting partnerships with carriers that understand your company’s budget and needs.

4. Improve your overall Profit

By taking measures to save on a monthly basis you’re increasing your profit margin while also impacting the bottom line. How happy would your boss be if you moved that needle by 10, 15 or even 20%? Get your cape picked out, you just might end up being the office hero!

5. Giving Carriers Access to Your Freight

Are you doing everything you can to make sure qualified carriers are actually seeing your freights? Chances are, they might not even know it exists. Most shippers are only tapping into a fragment of the capacity that’s actually out there. By utilizing a marketplace, your fragmented process evolves into an untapped, diversified carrier network for you to present your freight to.

6. Data-Driven Decisions

A marketplace will give you additional insight into previously unnoticed behaviors and their effects. In fact, as mentioned in a recent Gartner study, more companies are going to begin to rely on machine learning in place of data professionals to automate the process of data preparation, insight generation, and insight visualization.

7. Enhanced Tracking

It’s no longer acceptable to have better visibility on your €20 pizza than your freight worth several thousands of Euro’s. Know exactly where your cargo is at all times by taking advantage of (near) real-time tracking. Tracking allows your team and customers to stay up-to-date on ETA improving service across the board. Your carrier is always expected to provide a tracking link, for (near) real time tracking purposes.

8. Tailored Carrier Matching

The Zendeq Digital Freight Marketplace understands you don’t want to be swarmed with providers that don’t match your needs. Simply choose the specific requirements that must be met in order to offer bids on your freight. In addition you can decide yourself which carriers, from those having the best match, to invite.

9. It’s Where the Industry is Headed

We understand that new technology can be intimidating. At the same time, nearly everything you’ve used up to this point to help your business grow was at some point a new technology. Let’s go back in time. What would have happened to your business if you had chosen not to use the internet? Automated payments? Smartphones? Or Social media? You would have been quickly surpassed by those that embraced those tools. The time is now, and if your competitors are doing it, it would be wise at least to be willing to learn more about it.

Interested in using an DFM, and want to give it a try? Join us for a free trial at Zendeq.com