Make bids in forward auctions

Create and provide forward bids, taking into account possible special requirements such as refrigeration of goods or transport of potentially hazardous materials.

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skill/competence

sector-specific

Make bids in forward auctions is an essential skill of the following occupations:

Forwarding manager: Forwarding managers plan and organise cargo shipments within national and international areas. They communicate with carriers and negotiate the best way to send the cargo to its destination which can be a single customer or a point of distribution. Forwarding managers act as experts in supply chain management. They know and apply the rules and regulations for each specific type of cargo and communicate the conditions and costs to the clients.
Non-vessel operating common carrier: Non-vessel operating common carriers (NVOCC) are consolidators in ocean trades who will buy space from a carrier and sub-sell it to smaller ship­pers. They issue bills of lading, publish tariffs and otherwise conducts themselves as ocean common carriers.
Shipping agent: Shipping agents represent the ship owner in a foreign port. They make sure customs is cleared in a timely manner so that the cargo doesn’t have to stay too long in the port. Shipping agents also ensure that insurance, licences and other formalities are in order.

Make bids in forward auctions is optional for these occupations. This means knowing this skill may be an asset for career advancement if you are in one of these occupations.

References

1. Make bids in forward auctions – ESCO