For creating a clear and succinct quote that is competitive and profitable, you will need timely and accurate cost estimates of materials and resources. These estimates can be available internally or dependent on your vendors and sub-contractors.
In any case, you need a comprehensive view and insight into your real time costs, your past procurement and quotation history. This provides your cost proposal a strong base of best practices and past experience. You will also need insight into ongoing and changing market trends in real-time to fine tune your quotation.
As we shorten our delivery and capitalize on our flexibility in meeting changing customer requirements, we become more competitive and enjoy higher levels of customer satisfaction. That will reflect in increased revenue
― Tor Morten Stadum,
Manager of Design and Engineering,
Whitepaper: Powerful, Modern ERP is critical to manufacturing success
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