This guide explains how to submit bids through the Bid Hub for single-item requests on the Quick Bids Tab. It covers two primary workflows: submitting bids for new items using Keelvar's Dynamic Bidding feature and the Review & Approve, Autonomous bidding feature. Users can automate responses and synchronize updated pricing back to their Rate Cards for future efficiency.
NOTE: The Bid Hub and all Autonomous and Dynamic Bidding features are on limited release. Contact community@keelvar.com for any questions.
Submitting Bids in Bid Hub
The Bid Hub simplifies bidding on single-item requests by allowing direct submissions from the Quick Bids tab. Users can automate responses via Autonomous Bidding which will pre-populate rates based on saved values from a Rate Card. Rates can also be automatically added to your Rate Card as you submit pricing from the Quick Bids tab in the Bid Hub that can then be used on future requests for the same lane.Â
Submitting a Bid for New Items
New requests appear in the Request list under the Quick Bids tab. If an item lacks a matching rate from any current Rate Card, the system prompts for a manual submission via the + Bid action button.
Clicking + Bid opens the Add bid side panel. Complete the following fields to submit the bid:
- Walkaway Rates: Enter the Walkaway Linehaul, Minimum Charge, and Cost per mile. These values define the walkaway price. Adjusting one field automatically updates the others based on the request's distance
- Datetime Acceptance: Select this checkbox to confirm ability to meet pickup and delivery schedules
- Bidding Strategy: Configures the initial bid price as a percentage increase over the walkaway linehaul. After you submit your bid, Keelvar automatically lowers the price to maintain a competitive position until either the current rate is the lowest/winning bid or the walkaway linehaul limit is reached
- Update Rate Card: Select this to save the walkaway pricing for this item. Use the Only save 3 digit post code option for broader rate application across regional zip codes instead of based on 5 digit zip codes.
Click Add bid to finalize the submission. Monitor the Linehaul column to track real-time price updates as the bidding strategy executes. Keelvar will update the Current Bid Price in real time whenever the current price is beat by another bid on that request.
Reviewing and Approving Existing Rates
When a request matches an item already saved in a Rate Card, the system pre-populates the bid data accordingly. The status displays as Review & Approve in the Request list.
- Click the Review & Approve status to open the Add bid side panel
- Verify the pre-populated rates, strategy, and Rate Card settings
- Modify the Linehaul, Minimum Charge, or Cost per Mile as required
- Click Approve to submit the bid
NOTE: If Update rate card is enabled, any changes made to the walkaway values during approval will overwrite the existing saved rates for that lane in the Rate Card.
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