# PROCUREMENT EVENTS

## Run faster, data-driven sourcing events

Secure the best rates and service across every lane by centralizing data, automating communication, and empowering teams with actionable intelligence

## Source better capacity, faster

### EVENT MANAGEMENT

### Run sourcing events with ease

Simplify complex procurement cycles with solutions designed to automate every step of the process, from inviting carriers to awarding lanes

- Launch events in minutes — build RFPs, mini-bids, and spot events using pre-loaded lane data and templates
- Standardize participation and responses — ensure carriers submit rates in consistent, comparable formats
- Streamline collaboration — share event progress with stakeholders while keeping procurement fully in control

### CARRIER BIDDING

### Simplify bidding for carriers

Improve response rates and engagement by giving carriers a clean, intuitive way to submit bids and communicate

- Easy-to-use carrier portal — carriers enter rates, capacity, and notes directly through a guided interface
- Automated notifications — keep carriers informed with reminders, updates, and deadline alerts
- Transparent expectations — clearly communicate requirements, timelines, and award criteria

### RATE NEGOTIATION

### Gain more negotiating power

Equip your team with the insights and leverage they need to secure the most competitive rates and service levels from every carrier

- Benchmark rates across your network as part of ongoing [transportation spend management](/content/our-solution/lane-spend-performance/index.html) — compare proposed pricing against historical performance and industry averages
- Leverage real-time market intelligence — use dynamic rate data and trends to guide negotiations with confidence
- Drive strategic conversations with carriers — present fact-based insights that align expectations, correct outliers, and foster long-term cost savings

### AWARD & EXECUTE

### From bid to execution in minutes

Move from final bid selection to operational readiness without manual steps or data loss

- Auto-generate award recommendations –– create award packages based on cost, service, and strategic criteria
- From rates to routing guides –– push rates directly into routing guides and ensure carriers are ready to tender on day one
- Maintain audit-ready documentation –– keep historical bid data, decisions, and approvals in one system

## Integrations

### One platform for all your tech

### Unify Workflows

All modules, data points, and teams work together to eliminate silos and minimize disruptions.

### Real-Time Data

Every shipment update flows instantly across teams, carriers, and partners.

### End-to-End Visibility

From planning to analytics, the entire shipment lifecycle stays connected.

### Scale Operations

Configurable infrastructure allows you to operate across teams, locations, and modes without adding complexity.

## Customer Success

### Trusted by leading shippers

"Load tendering, which previously involved manual emails and data entry, now operates with minimal human intervention"

"They're helping make our supply chain more strategic and data-driven. We have folks across our business asking to see the data that our TMS is showing us—it's that valuable across our entire organization."

"Today, we have clear, real-time control over deliveries because of Princeton TMX."

## Case Studies

### Real shippers. Real results.

Learn how industry leading shippers are reducing costs, improving visibility, and gaining control of their freight with Princeton TMX's Unified Transportation Management System

[Explore Case Studies](/content/resources?category=Case+Study/index.html)

## Explore Other Solutions

### Discover more solutions from Princeton TMX

#### Workflow Automation

Eliminate manual workload and errors with AI and automation that streamline every part of your transportation management process.

#### Exception Management

Gain visibility into every disruption, from delays, missed tenders, failed pickups, and more, into one centralized workflow.

#### System Integrations

Easily integrate with enterprise resource planning, visibility, procurement, benchmarking, carrier systems, and more, enabling a single source of execution for your transportation teams.

#### Origin & Plant Performance

Gain clear, data-driven visibility into how each origin, plant, and location operates, helping you optimize origin behavior for both cost and service improvements.

#### Sustainability Reporting

Meet increasingly complex regulatory and customer expectations by surfacing audit-ready sustainability insights.

#### Carrier Performance

Unlock objective, real-time insights into how every carrier performs across cost, service, capacity, and compliance, empowering stronger partnerships and higher reliability.