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TRADITIONAL QUOTING PROCESS BOMbids ACQUISITION MODEL Bill of Materials, RFQ’s, RFP’s: The Traditional Quoting Process vs. Today's BOMbids Acquisition Model Time is money... Effectiveness is success... BOMbids delivers for YOU! Manually Prepare BOM A BOM is manually prepared one at a time with an effort designed to engage only your existing limited vendor list. 1 Deliver BOMs Material list (BOM) is delivered to each vendor individually via email, phone call and/or other methods. 3 Award Project Award the project based on the info you have at the time. Did you get the best deal at the best price? 6 Contact Vendors Reach out and communicate with each vendor for confirmation of receipt and timeframe for quote to be delivered. 4 Evaluate Vendors If a new vendor is to be evaluated, precious time is required to research, contact, and set up accounts. Repeat this step for each new vendor to be considered. 2 Receive Bids Receive bids randomly over a loosly established timeframe by email, phone, fax, etc. 5 Post to BOMbids.com One single activity which reaches not only your favorite vendors, but hundreds other vetted vendors. 1 Award Project Award the project with the satisfaction of knowing you were able to chose from the best bids options available anywhere. 3 2 Review Bids Keep up anywhere, anytime with all activity during the bidding process. Bid timeframe and deadlines are based upon YOUR project's schedule and scope requirements. Less Work connect with hundreds of vendors instantly More Data to make an educated decision Smarter Resource making you more valuable! The BOMbids process will make you infinitely smarter about your materials acquisition processes moving forward. Expect BOMbids quotes to be 10-30% more competitive than via traditional methods. You've just saved a lot of time and money! Effort vs. Results?
