QLM Distributor Quoting
Closed Loop Sourcing & Quoting for Distributors
One Platform for Customer and Supplier Interactions
Distributors have a unique challenge in managing their Customer Quotation process. Faced with short turn-around requirements on Customer RFPs with large volumes of SKUs, the task of collecting and assessing supplier responses and using them to develop a “marked up” customer submission is often highly manual, error prone and high risk.
Features
QLM Distributor Quoting, the only solution in the industry that brings all the pieces together in one system and integrated process.
Instantly build eRFQ Event Package from customer provided part details
Maintain Customer Package integrity using multi-commodity eRFQ capabilities
Automatically assign suppliers through a match of Line Item requirements and identified supplier capabilities
Provide suppliers with all supporting information to ensure quality responses
Source packaged “Kits” as individual components and then total for Customer Quote
Track/Trace all eRFQ communications within the application
Systematically capture responses immediately without the need for suppliers to access a supplier portal
Level the field by applying cost drivers to supplier pricing for logistics, customs or other added elements
Build and adjust customer pricing based on selected supplier responses and definable margin rates
Set approvals and checkpoints with built in configurable work-flow management
Preview/Send Formal customer quote document and systematically recognize customer acceptance/PO for initiation of Order Processing
Perfect for Distributors supporting OEM operations with MRO or fastener needs, as well as contract manufacturers or Job Shops that outsource work for production or prototyping.
QLM Distributor Quoting
Accuracy
Supplier costing and developed Customer pricing linked and traceable
Reissue/Reuse past eRFQs
Consolidated Interface
No more moving from Customer Quoting system to Sourcing and back to Customer quoting, all steps completed in one system. Move communications and tracking from emails and “quote tracker” spreadsheet into searchable and reportable database.
Import from Excel
Build RFQ event in an instant with all item attributes and details complete
Systematic Assignment of Suppliers
Assign suppliers based on match of SKU requirements and Supplier capabilities, no searching through files or past events
Collect Supplier Submissions with No IT Overhead
Instantly consolidate supplier responses and present side by side for comparison. Validate submission through supplier collection form before receipt. Auto-Select lowest cost submission.
Generate Customer Pricing/Quote with Ease
Use application to develop proposed pricing based on system rules. Preview/Approve/Send Customer quote direct from system. Record Customer response, receive PO.
Top Notch Reporting and Analytics
Built in eRFQ performance dashboard. Reporting and analytics with Standard and customer developed reports. Link to your BI tool for comprehensive process reporting.