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Procurement & Costs
Pre-Negotiated Spot
Pre-negotiated spot refers to spot agreements made in advance, where rates and conditions are fixed before the shipment is required. It combines the flexibility of spot with the predictability of contracted terms.
Why it Matters: This approach reduces 'panic premiums' during tight capacity and speeds up urgent bookings. For industries with fluctuating demand, pre-negotiated spot acts as a buffer between stable contracts and expensive last-minute on-demand moves.
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