CargoWise ERP Glossary - Key Terms & FAQs

Our CargoWise ERP Glossary Terms provide clear, concise definitions of key terms used in CargoWise, helping users navigate the system with confidence. Along with these definitions, we've included in-depth FAQs to clarify complex concepts, ensuring you get the most out of your CargoWise solutions.

Quotation Management in CargoWise

Last updated: July 31, 2025
Logistics CargoWise
Q

Quotation Management in CargoWise is a solution that automates creating and tracking freight rate bids. This functionality enables logistics organizations to handle pricing more efficiently by making accurate, consistent customer quotes based on established criteria. The technology collects data from a variety of sources, including historical pricing, current market rates, and individual customer needs, to verify that quoted rates are competitive and in line with market realities.

This automation saves the time spent manually generating quotes, resulting in faster response times and more client satisfaction. In addition to quote generation, CargoWise’s Quotation Management application tracks and retains all quote-related data. This centralization guarantees that sales teams can easily refer to previous quotes, manage the status of pending quotes, and follow up on opportunities without overlooking important facts. The interface with other CargoWise modules simplifies workflows by enabling a smooth transition from quoting to booking, billing, and cargo management.

Frequently Asked Questions

What exactly is CargoWise's quote management feature?

Quotation Management in CargoWise is a solution that automates the development and management of freight rate bids, allowing logistics organizations to optimize their quoting process.

How can quotation management increase efficiency?

CargoWise automates the process, reducing manual work, speeding up quote generation, and ensuring quotation accuracy and competitiveness, so increasing total operational efficiency.

Can CargoWise monitor quotes over time?

Yes, CargoWise's Quotation Management application collects all quote-related data, allowing sales teams to check the status of quotes and follow up as needed.

Is Quotation Management incorporated with other CargoWise modules?

Yes, the Quotation Management tool is connected with other CargoWise modules, ensuring a smooth process from quote to booking and shipment management.

What are the advantages of using Quotation Management?

The primary advantages are faster response times, improved accuracy, better quotation tracking, and increased customer satisfaction, all of which contribute to a more effective logistics operation.