A quote in manufacturing should always be accurate, simplified and clear. You can’t deny the fact that it is hard to prepare, then what to do? Quotation puts forth an idea that how a service fulfills clients’ certain requirements with the budget. An accurate quote shapes up the decision making process of a client.
What if you are struggling to streamline your quoting process? You can find heaps of manufacturing ERP systems in the market. But have you heard of MIE Trak Pro ERP? If not, then we will describe its significance for the quoting process.
Let’s begin.
1- Request for Quotation
While responding to RFQ, your quote should notify the intended products and services for offering. It must highlight the salient features of the recommended solutions. With MIE Trak Pro ERP, you are able to prepare and handle a large number of quotes. For your custom manufacturing organization, MIE Trak Pro is essential to craft the quote considering raw material, labor required and other operations expenses etc.
2- Tailored Formulas
As discussed earlier, a quote should be comprehensive but specific. Doing so, you have to deliver estimates of the products. That’s where the role of ERP software for manufacturing like MIE Trak Pro with fully customized formulas comes in. It will help to gauge costs of every phase of product by taking in all the minute details.
3- Swift Quoting
Preparing quotes is a daunting task and needs careful consideration for all aspects, especially when done manually. But using an ERP system vanishes this perception by automating this process. Because it involves the latest information placing in an accurate manner whereby you could save your time and effort. Through this, you are empowered to generate several quotations within no time.
4- Gain/Loss Ratio Tracking
What could be better than MIE Trak Pro? Make your manual tasks a part of history. Since, it also conducts win/loss ratio analysis & predicts whether the said partnership is profitable for you or not. By using this software, you can have an insight of profit and loss ratio and take your decision.
5- Quick Conversion into Sales Orders
MIE Trak Pro is your all-in-one solution; catering the process of converting an RFQ to sales order. This process encapsulates a number of steps like submitting a request for quotation to suppliers and bid approval procedure, etc. MIE Trak Pro takes care of all the stages that fall in between RFQ and sales order.
6- Access of Quote Mapping
Is there any software which facilitates you to access complete quote history? There is MIE Trak Pro which allows you to do so. You can have an overview of the complete details of the quote with a click. As a result, you will experience no ambiguity in quotes management.
7- Raw Material Estimation
Another significant challenge manufacturing firms face is the calculation of required raw materials for production processes. MIE Trak Pro is there for you to automate this aspect as well. This will help you in consuming the adequate resources only. You will be saved from unnecessary expenses.
Parting Thought
Rather than struggling with the manual quoting process, approach MIE Solutions to use a fully-featured software.
