Industry Finance
Trucking & Logistics Business Math
IntermediateCertificate$9.99
Freight Tender Analysis: Lane Bids, Carrier Scoring & Award Scenarios
Run a shipper's truckload tender from lane file to award memo: baseline cost, normalising bids with fuel and accessorials, lowest bid per lane, carrier scorecards, best-value and capacity-aware award scenarios, backup carriers and leakage, savings and an award dashboard, with every cell checked as you go.
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What you'll build
What you will be able to do
Each lab ends with a concrete result that you build yourself and the checker confirms, cell by cell.
- Turn Harlow's lane list into annual spend, each lane's share of spend and the rate per mile, and you calculate the network rate per mile the right way.
- Convert eight bids in different formats into one comparable all-in cost per load: linehaul by rate basis, fuel from the shipper's surcharge table and expected stop-off charges.
- From a long bid export you find, for every lane, the number of bids, the lowest bid, the carrier who placed it and how far ahead it is of the runner-up.
- Calculate each carrier's tender acceptance rate and claims ratio, convert three service measures into points with tier tables and combine them into a weighted service score.
- Build two award scenarios, lowest cost and best value (price adjusted for service), compare their spend and test the lowest-cost award against each carrier's committed capacity.
- Model the routing guide waterfall: loads the primary rejects go to the backup, loads the backup rejects go to the spot market, and you put a price on the gap between planned and expected cost.
- Calculate the savings of the award per lane and in total, express them as a volume-weighted percentage and flag the lanes where the award costs more than today.
- Summarise the award by carrier (lanes, loads, spend and share of spend) and chart how the freight budget is split between the carriers.
About this course
Freight tenders produce hundreds of rates that are rarely comparable at first glance. You start with lane volumes and the current baseline cost, then normalise bids for rate basis, fuel surcharge and accessorial charges. The lowest bid per lane is found with MINIFS and lookups, and carrier scorecards add on-time performance, tender acceptance and claims. You compare award scenarios for lowest cost, best value and carrier capacity limits, assign backup carriers and assess routing guide risk, and calculate savings against the baseline by lane and in total. The final lab assembles an award summary dashboard for management sign-off. For transport buyers, logistics analysts, procurement teams and supply chain students.
Curriculum
Course content
8 lessons · 8 labs · 2.1 h · final exam
- Unlocked when you buy the course
- Unlocked when you buy the course
- Unlocked when you buy the course
- Unlocked when you buy the course
- Unlocked when you buy the course
- Unlocked when you buy the course
- Unlocked when you buy the course
- Unlocked when you buy the course
- Final exam
Certificate
Finish with a certificate you can verify
Complete every lesson and pass the final exam to receive a certificate of completion for this course, with a unique credential ID and a public verification page.
- Names the course, your score and the date of issue
- A verification link for your CV or LinkedIn profile
- 12 questions, 75% to pass, unlimited retries.
A Tutorvo certificate confirms that you completed a course. It is not an official or professional qualification.
Before you buy
Questions about this course
Is this a subscription?
No. You pay $9.99 once for this course. There is no subscription and nothing renews automatically. Prices are in US dollars; taxes may be added where required.
What exactly do I get?
All lessons and labs of this course, the final exam and the certificate, including later updates to the course, for as long as Tutorvo offers it. Access is personal and tied to your account.
Can I get a refund?
Yes. If you are not satisfied, email hello@tutorvo.com within 14 days of buying and we refund the course in full via Stripe. The guarantee does not apply once a certificate for the course has been issued to you, or where there are signs of abuse.
When can I start?
Right after payment. Access starts immediately at your request; for consumers in the EU/EEA the statutory right of withdrawal therefore ends once access has begun, while our 14-day money-back guarantee applies regardless.
Do I need Excel or other software?
No. The labs run in a spreadsheet inside your browser on a laptop, tablet or phone. Function names and syntax follow Excel.
Is the certificate an official qualification?
No. It confirms that you completed all lessons of the course and passed its final exam. It is not an official, state-recognised or professional qualification. The name is taken from your profile when the certificate is issued.
Full details are in our Terms · hello@tutorvo.com
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