FAQ

How can Transkor help my company reduce freight costs?
In 4 very effective ways…

  • First, through our Transportation Costs Savings using our exclusive "TransBidDepot" marketplace, we will invite over 300 major North American carriers to electronically submit RFP responses for your transportation volumes.
  • Second, our Data Management Solution will perform a complete 3-way audit of all your carrier invoices and eliminate all rating errors and duplicates. This allows you to reduce or re-deploy any of your staff who may currently be involved in carrier invoice auditing and payment.
  • Third, our 3PL & 4PL system offerings can connect all of your systems and link them to your customer's systems easily and cost effectively.
  • Fourth, our Supply Chain Consulting experts will analyze your entire distribution network in detail and recommend changes to eliminate inefficiencies and increase cost savings.

What types of fees are charged for Transportation Cost Savings?
Transportation Cost Savings fees are charged on a "shared savings" basis.

What is "TransBidDepot"?
"TransBidDepot" is our exclusive on-line marketplace where your company will anonymously have access to pre-qualified asset-based North American member carriers. Details of your shipping volumes by lane and by mode are prepared into an electronic RFP and posted onto our on-line marketplace. RFP notifications are sent to the appropriate member carriers. The carriers will then download and analyze the shipping data and return their best rate proposals (1-2 year agreements) while ensuring that they can meet or exceed your current service levels.

What types of fees are charged for TransBidDepot?
There is no charge to our clients to use TransBidDepot.

How important is it to have freight bills audited?
Average carrier billings errors are up to 4% of the current annual freight spend.

How does Transkor's auditing impact the billing errors?
After 3 to 6 months of Transkor auditing our clients' invoices, carriers will have their billing corrected. Accordingly, the error ratio drops, resulting in continual cost avoidance.

What types of fees are charged for Data Management Services?
Data Management fees are charged on a "per transaction" basis.

Can Transkor help our company increase visibility into our distribution process?
Transkor's "e-logistics" service provides you with secure access to our website to retrieve all of your company's shipping data 24/7. You can also obtain your own customized transportation reports based upon the specific information you require.

Can Transkor assist our company with logistics technology?
Yes, Transkor can design and provide complete Warehouse, Transportation and Yard Management Systems as well as 3PL and 4PL Systems.

What types of fees are charged for Supply Chain Consulting?
Consulting fees are charged on a "per hour" or "per diem" basis.

How does Transkor deal with their clients' confidential information?
Transkor signs Non Disclosure Agreements or Mutual Confidentiality Agreements with all its clients.

 





© 2005 Transkor Systems Inc.