Need-X.com

RFQ & Quote Comparison

From request to locked price, in one flow

Compare quotes honestly — including the ones that expired

Buyers submit an RFQ, suppliers respond with quotes, and the comparison view surfaces the cheapest and fastest live options. Expired quotes stay visible (greyed out) instead of silently vanishing, so buyers understand why an option disappeared.

Lifecycle

A explicit state machine, not a status field

Submitted
Under review
Quoted
Negotiation
Accepted
/RejectedExpired

When a catalog price would beat the buyer's target, the RFQ screen nudges toward it immediately — a synchronous lookup at RFQ-creation time, not a background job the buyer discovers later.

Sample comparison

4 quotes on one RFQ

SupplierTierPriceLead timeFlags
Meridian Supply Co.Preferred$18,4507d
Cheapest
Coastal Packaging GroupPreferred$18,9905d
Fastest
Harbor Line DistributorsStandard$19,1209d
Union Point TradersStandard$17,98012d
Expired

Accepting a quote locks its price onto the resulting order line — regardless of catalog drift — and automatically rejects every sibling quote still open on the same RFQ.

Running RFQs over email and spreadsheets today?

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