quote check

QuoteCheck enables suppliers and buyers to assess pricing on electronic components. It calculates a fair market price for each component based upon the customer’s spending competitiveness. The tool characterizes the customer’s quote acceptance threshold and allows the user to target for quotation success. Save and edit functions allow quotation tuning and win-loss statistics analysis.

Sales Application

Sales professionals can review their quotations for market competitiveness before release to their customers.

OEM Application

Assess the competitiveness of a supplier’s quotation and derive suitable market level target prices for quote acceptance or supplier feedback.

Manufacturing part numbers, quantity and quotation price are entered into QuoteCheck as an excel file for groups of components and results are displayed showing pricing and sourcing alternatives. The results can be saved and recalled to record win-loss performance. A histogram of each client’s win-loss history is displayed as a guide for determining appropriate pricing. The results can be exported as an Excel file.

Win Loss Statistics

Win-Loss Characterization

Win-loss market competitiveness performance can be captured within the application by customer and by component quotation. This is displayed as a guide to targeting a winning price acceptance threshold. Quotation acceptance tuning is possible using previously unavailable information about customer behaviour.

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"The current tools are one thing, but if you have any feedback or concerns that you are faced with, Lytica will react and next thing you know, you have a new tool to address it."

Ron Preston
Sr. Director of Global Supply Chain Strategies

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