focused on value added activities
Streamline your RFQ process to ensure fast and cost-effective feedback to all price request
FAST AND COST-EFFECTIVE FEEDBACK TO ALL PRICE REQUEST
RFQ offers sourcers an automated and flexible process to eliminate menial tasks, allowing purchasing teams to concentrate on core cost reduction tasks. All data is stored, centralized and shared across team members, offering increased efficiency and more cost optimization opportunities.
Prepare and send RFQ in minutes
Quote uploaded and email stored in 1 drag & drop
All your data RFQ in one place
of supplier use our RFQ template
Four months only after we start using Buymanager, more than 90% of supplier quotations are provided in the template we have set-up. We already saved a lot of time for data integration and quote analysis. ”
Vincent HAZE | Eiffage Energie Systemes Electronique | Purchasing Manager
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.
PART & QUANTITY TO QUOTE
Save time and reduce human error. Parts and quantities to quote can be keyed in or automatially generated, either from BOM costing or price requests.
EMAIL FEEDER: SUPPLIER QUOTATION UPLOADED AND EMAIL STORED IN 1 DRAG & DROP
Sourcers receive tens of emails per hour! With Email FEEDER, collect the quotation detail from the supplier email for comparison and analysis purpose and store the email in the appropriate location become just a drag & drop.
RFQ integrates with your email client