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Spot Market Procurement Workflow

Manage spot market freight procurement when contract capacity unavailable, including load boards and digital brokers.

Complexity: Medium | Duration: 15-30m | Category: Industry/Transportation Logistics

Tags: spot-market load-board digital-freight capacity-procurement

Workflow Diagram

Steps

Step 1: Identify loads needing spot co

Identify loads needing spot coverage

Step 2: Post to load boards and digita

Post to load boards and digital platforms

Step 3: Receive carrier bids

Receive carrier bids

Step 4: Verify carrier credentials and

Verify carrier credentials and insurance

Step 5: Negotiate rate and terms

Negotiate rate and terms

Step 6: Award load and confirm

Award load and confirm

Step 7: Track pickup and delivery

Track pickup and delivery

Step 8: Process carrier payment

Process carrier payment

Step 9: Rate carrier performance

Rate carrier performance

Step 10: Analyze spot vs. contract tren

Analyze spot vs. contract trends

Usage

To execute this workflow:

/workflow industry/transportation-logistics/spot-market-procurement-workflow.workflow

See other workflows in this category for related automation patterns.