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Working with Suggested Supply and Demand

Learn how to find your best buy and sell opportunities on the Market.

Updated this week

Matches are automatically and intelligently generated in Matium to help you find your best buy opportunities (Suggested Supply) and sell opportunities (Suggested Demand) based on material offers and requests on the Matium Market. Matches are based on suitability of the material, price and location.

Only companies subscribed to Intelligence can access Suggested Supply and Demand. To update your subscription status, Administrators can visit the Billing area under Administration in the left sidebar.

Tracking Inventory and Needs

Before Matium can generate smart suggestions, you'll need to log inventory you need to sell and material needs you are looking to buy. This is done by going to your Core CRM in the left sidebar.

  • Click Haves, and then Create Inventory to track specific material lots for sale.

  • Click Needs, and then Create Need to track specific materials

Viewing Suggested Supply and Demand

Visit Market in the left sidebar and then click on Suggested Supply or Suggested Demand.

Suggested Supply

Suggested Supply matches active Offers with Core Needs your company is tracking. Each match will show the corresponding Offer and Core Need along with an overall match rating (0-100%). Hover over the match rating to view individual ratings based on material specification, location and price.

  • Match Rating - Overall rating taking material suitability, price and location into account.

  • Material Rating - Rating based on how close the material specifications of the offer match the material parameters of the need.

  • Price Rating - Rating indicating if the target price is less than the offer price (0%), the target and offer price are the same (50%) or the target price is greater than the offer price (100%).

  • Location Rating - Rating indicating how close the pickup location of the have is from the delivery location for the need.

Sorting

The Sort drop-down allows you to sort matches based on the metric that matters most to you.

Sorting can be based on:

  • Match Rating

  • Material Rating

  • Price Rating

  • Location Rating

  • Newest Matches

  • Oldest Matches

Match Details

Click on a match to view more detailed information including:

  • Owner, location, weight and offer price of the Offer.

  • Owner, location, weight and target price of the Core Need.

  • Estimated profitability of a 40,000 lb. truckload:

    • Gross Profit

    • Freight Cost

    • Net Profit

    • Distance between pickup and delivery locations

  • Matching fields when comparing the material specifications of the offer with the acceptable parameters for the need.

Responding to an Offer

Within the match details pop-up, click the Respond to Offer button to view the full details of the Offer and to respond directly to the supplier.

Suggested Demand

Suggested Demand matches active requests with Core Haves and Inventory your company is tracking. Each match will show the corresponding Core Have and Request along with an overall match rating (0-100%). Hover over the match rating to view individual ratings based on material specification and price.

  • Match Rating - Overall rating taking material suitability and location into account.

  • Material Rating - Rating based on how close the material specifications of the offer match the material parameters of the need.

  • Location Rating - Rating indicating how close the pickup location of the have is from the delivery location for the need.

Sorting

The Sort drop-down allows you to sort matches based on the metric that matters most to you.

Sorting can be based on:

  • Match Rating

  • Material Rating

  • Location Rating

  • Newest Matches

  • Oldest Matches

Match Details

Click on a match to view more detailed information including:

  • Owner, location, weight and offer price of the Core Have.

  • Owner, location, weight and target price of the Request.

  • Estimated profitability of a 40,000 lb. truckload:

    • Gross Profit

    • Freight Cost

    • Net Profit

    • Distance between pickup and delivery locations

  • Matching fields when comparing the material specifications of the have with the acceptable parameters of the request.

Responding to a Request

Within the match details pop-up, click the Respond to Request button to view the full details of the Request and to respond directly to the buyer with a material offer.

Hiding Matches

If there is a match that you do not want to consider, you can hide it so it will not show up in your list of potential buy or sell opportunities. To do this, click the Hide icon in the upper right corner of the match card.

To view hidden matches, toggle the Hidden filter on. To un-hide a match, click the ellipsis menu for the match and select the Un-Hide option.

Note: Hiding a match will only hide it from your view. Other users in your company will still be able to view the match.

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