Product Costing and RFQ Whitepaper
The Need for Speed
The Product Costing and Request for Quote (RFQ) process is critical to determining the projected profitability of a product, before it ever gets developed and manufactured. But yet, as important as this process is to the bottom line, most companies are still using spreadsheets to manage it. Why? Costing, just like many other key business functions, requires pure speed. Any delays in this process may cause massive ripples throughout the company’s supply chain.
Some companies actually do have a business application for the costing process, but more than likely, it does not give them the speed they need to make better, faster decisions. In either case, Intellimas® has replaced a variety of spreadsheets and inefficient system functions with a surprisingly seamless process.