Sourcing & RFQs
RFQ & Quoting Agent
What people do today
- 1Buyer pulls the spec and current revision by hand
- 2Emails each supplier separately
- 3Chases missing responses for days
- 4Copies quotes into a spreadsheet to compare
- 5Much of the re-quote backlog never gets touched
Parts that should be re-quoted go untouched because running RFQs eats buyer time.
Data it needs
- Parts master & revisions
- Approved vendor lists
- Supplier contacts
- Category mapping
Where a person approves
The buyer approves the award and any supplier or source change. New suppliers go through qualification first.
Outcomes it targets
- More addressable spend quoted
- Shorter RFQ cycle time
- Buyer hours returned to sourcing strategy