In the last 2 years, cloud-based RFQ Management apps like Quotefx became a critical part of every modern buyer organizations quoting toolset. Electronics Manufacturing Service (EMS) providers worldwide embrace these lightweight, zero-software-to-install online platforms and yield outstanding results to the tune of 50% reduction in quote turn-around time and 15% material cost reduction. In addition, because Quotefx is part of Supplyframe’s electronics industry sourcing ecosystem, the solution has direct access to 41 billion product and form-fit data-points giving unparalleled access to actionable component sourcing insights that help evaluate pricing, obsolescence, and component sourcing risk across 1000’s of suppliers.
So what is Quotefx and how can it help me? Great question. Quotefx is a cloud-based, electronic component sourcing platform that enables your purchasing department to automate your RFQ workflow delivering reduced material costs and improve quote turn-around times from weeks to days.
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