The global supply chain has faced significant disruptions in recent years — from a worldwide pandemic and geopolitical tensions to climate-related events and market volatility. Traditional freight procurement, built on rigid annual contracts and slow negotiation cycles, simply can’t keep pace.
Agile logistics procurement changes that. By leveraging short-term tenders, real-time data, and flexible supplier relationships, procurement teams can respond quickly, control costs, and build more resilient supply chains — no matter what the market throws at them.
Download our playbook to discover how leading enterprise procurement teams are making the shift.
What you’ll learn in this step-by-step playbook:
✓ How to standardize, centralize, and automate your procurement workflows – including fuel and BAF updates
✓ How to benchmark your contracted rates against real commercial freight spend and run regular mini-bids to stay competitive
✓ How to track procurement KPIs and continuously optimize freight costs between tender cycles – without a full renegotiation
Frequently Asked Questions
What is Agile Logistics Procurement?
Agile logistics procurement is a dynamic approach to freight sourcing that replaces rigid annual contracts with frequent mini-bids, real-time market data, and flexible supplier relationships. It enables enterprise procurement teams to respond quickly to market shifts, control freight costs more effectively, and build more resilient supply chains.
How does Agile Procurement reduce freight costs?
By running regular mini-bids and benchmarking contracted rates against live market data, procurement teams can identify overpayment, optimize carrier selection, and act on cost-saving opportunities as they arise — rather than waiting for the next annual tender cycle. Tools like Freightos Terminal allow teams to compare their rates against $50B+ in real commercial freight spend to see exactly where savings are available.
What is BAF and how can procurement teams manage it more effectively?
BAF (Bunker Adjustment Factor) is a surcharge applied to ocean freight rates to account for fluctuations in bunker fuel costs. It can swing 15–25% within a single quarter, making it one of the most volatile cost lines in freight procurement. Agile procurement teams manage BAF more effectively by running structured update cycles between full tenders — either applying their own methodology or requesting updated submissions directly from carriers — rather than absorbing surcharge changes passively.
What tools do enterprise procurement teams use for freight rate benchmarking?
Leading enterprise procurement teams use market intelligence platforms like Freightos Terminal to benchmark contracted rates against daily-updated spot and contract data across ocean and air freight. Unlike self-reported data used by some competitors, Freightos Terminal is sourced from real commercial transactions representing over $50 billion in annual freight spend — giving procurement teams a reliable, independent view of where their rates stand before they negotiate.