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Go Back   Oracle OTM / G-Log GC3 Community Support > OTM / G-Log - Functional Topics > Execution
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Difference between spot bidding and broadcast tendering?


Execution Employing the Tendering process in OTM / G-Log - including the setup of carrier domains, workflow parameters, regional tendering and contact groups.

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Old February 5th, 2010, 03:23
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Difference between spot bidding and broadcast tendering?

What's the difference between spot bidding and broadcast tendering? I can't tell the difference from reading the help file. Both seem to refer to the same process of sending a shipment to multiple service providers and have them bid on it.
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Old February 5th, 2010, 06:23
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Re: Difference between spot bidding and broadcast tendering?

Hi Sathish,

Spot bid tender - Here we can invite many carriers and OTM will wait for all carriers to respond with their rates till the end of response time. If the response time is over, OTM will automatically award the shipment to the least cost carrier and with draw tender from all other carriers.

Broad cast tender - Here OTM will award the shipment to the carrier who responds first (not the least cost) and it will with draw the tender offer from all other carriers.

Regards,
Rajiv
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