Drewry and Cargoo Link Freight Benchmarks to Procurement Platform

What if your procurement team reduces RFQ preparation time by 3 weeks using integrated benchmarking data?

Simulate the impact of reducing request for quotation preparation time from an average of 6 weeks to 3 weeks by using Drewry-Cargoo integrated benchmarking and tender management tools. Model how earlier RFQ launches improve carrier proposal quality, reduce final negotiation cycle time, and enable contract signature 4 weeks earlier in the annual cycle.

What if real-time rate benchmarking prevents 15% of unfavorable carrier quotes from being accepted?

Model the financial impact of using integrated freight benchmarks to reject or renegotiate carrier quotations that fall outside acceptable market ranges. Assume that access to lowest and average rates for each trade lane prevents procurement teams from accepting 15% more unfavorable terms than they currently do, and calculate annual freight cost savings.

What if automated audit functions reduce detention and demurrage disputes by 20%?

Simulate the operational and financial impact of using Cargoo's integrated freight auditing to automatically flag detention and demurrage overcharges before payment. With one in four Drewry members currently unable to track these costs accurately, assume automated dispute identification prevents or recovers 20% of contested charges and improves carrier accountability.