QuoteCQ | How to Auto Populate your Target Pricing with BOM Insights

If you have your prices in a Data Source file, you can upload them as the Target Price for your vendors in the BOM tab

QuoteCQ users who have their inventory or ERP files uploaded as a Data Source can use the information not only for sourcing but also for negotiating the costs with the vendors. 

Whether you use your current Unit Price as a Target Price or a separate calculation in your ERP, you can populate that information for the components in the BOM.

Auto Populate in the BOM tab

In the BOM tab, navigate to the Actions button > BOM Insights > Auto Populate Target Pricing. The Unit Prices associated with the MPNs in your BOM will populate automatically in the Bill of Materials. 

In Material Costing

Once you submit the BOM, this information will be populated in the Material Costing tab where you can use it in different ways:

• Compare your Target Price against the Suppliers Price (Coming Soon!)
• See your Negative Target Price Variance (Coming Soon!)
• Use your Target Price to negotiate with Vendors (Coming Soon!)