News - 22 July 2010
Tendering with TICONTRACT, the e-sourcing solution for freight purchasing, has brought major advantages to Parker Hannifin
Parker Hannifin, is a US based company and a global leader in motion and control technologies with an annual turnover of over $10 billion across 8 product groups and over 60 divisions.
Mark Parsons, European Transportation and Logistics Manager for Parker Hannifin explained: "TICONTRACT provides a user-friendly system that we are able to utilise without too much support. We have benefitted through plenty of new contacts, a huge amount of data, a considerable increase in efficiency and major cost savings.” He went on to explain that setting up the TICONTRACT system took half the time that the job would have demanded had it been done manually using spreadsheets. Parker Hannifin used TICONTRACT expertise for tendering groupage and LTL movements across 120 locations in 17 countries covering most of Europe. Mr Parsons continued, “Before TICONTRACT came on the scene, 80 per cent of our work was spread amongst 15 carriers, now we are planning to reduce the number of carriers to five or six. “The system allows us to take quick decisions and to undertake holistic analysis of a particular tender module. However, the main prize is to be able to look at specific offers by companies. Also, using a modern and professional system enables us to look our best in the eyes of the industry.” The Pan European Road freight tender provided by TICONTRACT covered all transport modes – Full Truck (FTL), groupage , LTL (less than full truck) and small/parcel shipments and was used for both domestic and cross-border shipments. In total, over 167,000 shipments, over 57,000 tonnes and over 3,700 lines were covered through the tender.
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