Waterfall Tendering
With McLeod’s Waterfall Tendering, PowerBroker users can offer loads to carriers within their existing carrier base in a fast, no touch approach to getting the best carrier to accept the load.
As part of McLeod’s Digital Freight Matching strategy, the Waterfall Tendering process within PowerBroker automatically sends an order offer to a prioritized list of selected carriers, one at a time. The carrier’s priority in the process is established by defined scoring methodology and PowerBroker’s TopMatch technology, with matches of load characteristics and the carrier’s preferences.
Load tenders are electronically offered to a carrier by email or EDI. When a load is offered, each carrier has a specific amount of time to respond. If the carrier has not responded within the designated time, the offer will expire, and a new offer will be sent, in a cascading approach, to the next carrier in the priority sequence.
Routing Guides
Routing Guide Profiles are a centralized location for brokers to create and store a list of their preferred carriers. For brokers working with a diverse carrier network, this allows them the opportunity to create as many profiles as they need, making them specific to users and/or customers. Routing Guides will replace excel spreadsheets and those manually kept lists that traditionally provide brokers with a cheat sheet of who to call first. Most importantly, we’ve designed Routing Guides so they are easily integrated and utilized with Waterfall Tendering. With multiple ways to designate a default routing guide, we’ve taken the guesswork out of individually adding or searching for those preferred carriers when generating automated offers.
