SIMPLIFY RFQ PREPARATION
Be able to routinely create RFQs based on price requests, originating from different people within the company. Send your RFQs to all relevant suppliers by email with technical spec sheets attached.
ORGANIZE SUPPLIER QUOTES
Monitor and remind suppliers so as to receive all RFQs on time. Collect all the data from each quotation for comparison and analysis. Keep all emails in folders for future reference.
FAST QUOTE ANALYSIS
Compare all quotes based on price, lowest inventory, shortest leadtime, etc. Review new prices compared with previous RFQs, prices from ERP and open market prices. Easily identify the best option.
BUYMANAGER RFQ IS A COMPLETE SOLUTION IN ONE PROCESS
MANAGE PRICE REQUESTS, DISTRIBUTE RFQS, MONITOR SUPPLIERS, ORGANIZE YOUR QUOTATION AND PROVIDE FEEDBACK.
First, prepare RFQ templates organized by family and define different quantity scenarios to quote. Then, add necessary technical specifications for the parts.
Vendors for your RFQ are retrieved, based on distributors line cards and purchasing families. Send emails with an automatically generated Excel RFQ template attached.
RECORD SUPPLIER QUOTATIONS
Simply upload vendor quotations keeping all details: MOQ, currency, validity date, etc. Or ask them to quote online via the Web Portal. Track, capitalize and monitor supplier quotations.
COMPARE AND CHOOSE
Analyze supplier quotations, considering all price attributes. Negotiate with your vendors and track multiple bid. Make your choice and record your comments.