Knowella

KnowRFP glossary

Plain definitions of the terms you'll meet in KnowRFP, from project and proposal to brackets and deliverable.

3 min read
1

Project

One opportunity, holding its files, proposals and history.

2

Proposal

One priced run inside a project; a project can have many rounds.

3

Strategic project

A bid with files and many lanes.

4

Spot quote

A quick price on one or a few lanes, usually needed within hours.

5

Standardized template

The single lane format every file is turned into before rating.

6

Setup

The step where the agent reads every file and builds the standardized template.

7

TMS API

The connection to your TMS used to rate against your contracts.

8

Rate sheet

A carrier's rate file, uploaded or received through an invitation.

9

Market benchmark

A market rate reference, where integrated.

10

Margin strategy

Your saved rules for adding margin.

11

Reason code

Why you chose a different carrier on a lane.

12

Brackets

Rate tables by pallet count or weight band.

13

Deliverable

The internal priced sheet and the external proposal link.

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