Supply Chain & Procurement S10
RFQ Management
Digitalizes the request-for-quotation process from customer inquiry through feasibility study to formal quotation.
Customer inquiry, assessment, feasibility and requirement study
RFQ Management takes a customer inquiry through to a formal quotation. The inquiry is registered, drawings and specifications are held against it, feasibility is studied and assessed across the departments that need to see it, and the resulting quote moves through approval before submission. Win and loss outcomes are recorded against the same inquiry.
What this module does
The module digitalizes the request-for-quotation process from customer inquiry through feasibility study to formal quotation.
Inquiries are registered as they arrive, with drawings and specification documents uploaded against them and viewable in the module. The feasibility study feature records whether and how the part can be made, and multi-department assessment brings the required functions into that judgement. Cost estimation produces the commercial position, quote approval workflow moves it, and submission and tracking follow the quote out to the customer. Win/loss analysis records the outcome.
Highlights
- Drawing viewer
- Cost breakdown templates
- Conversion rate analytics
Included with every Optimo360 module
- Role-based access control
- Email and SMS notifications
- Report export to PDF and Excel
- Audit trail
Related modules
- Sales Management — picks up the customer relationship once the quotation is won
- APQP Management — runs the development programme for parts that proceed
- Purchase Order Management — sources the bought-out content behind the estimate
- Supplier Management — supplies the supplier assessment behind sourcing decisions
Take one live inquiry and follow it through feasibility to a submitted quote. Request a demo.
Inside the module
Features that follow the work from input to evidence.
Customer Inquiry Registration
Registers the customer inquiry.
Drawing & Spec Document Upload
Receives drawings and specification documents against the inquiry.
Feasibility Study Module
Records the feasibility study for the inquiry.
Cost Estimation Tool
Produces the cost estimate for the quotation.
Multi-Department Assessment
Records the assessment from each department involved.
Quote Approval Workflow
Moves the quotation through approval.
Quote Submission & Tracking
Records the quotation submitted to the customer and tracks its status.
Win/Loss Analysis
Records whether the quotation was won or lost and analyses the outcome.
A practical first step
See this module against your own process.
Bring one workflow, one recurring exception and the evidence your team currently rebuilds by hand.
Request a demo
