Price benchmarking, total cost and dependable quotation comparisons.
3 articles in this topic.
A second look is worthwhile even with one supplier and one quotation. Is machining missing, the material merely “equivalent”, or the coating unspecified? The attractive price can later lead to a surcharge or a complaint.
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A lower unit price is often a different offer: another revision, another tool, another delivery term. Quotations become comparable only when every supplier answers on the same technical and commercial basis.
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A lower quotation may become more expensive after packaging, inspection, transport, duties and quality risk. Offers become comparable only under consistent assumptions.
Read articleWe assess your existing China procurement or a new China opportunity for up to three comparable items and recommend next steps.
