i4cast Introduces Bid/Quote Analysis Feature to Cost Management Suite
October 27 2003 - 11:39AM
PR Newswire (US)
i4cast Introduces Bid/Quote Analysis Feature to Cost Management
Suite Bid/Quote Analysis to Increase Order Profitability HOUSTON,
Oct. 27 /PRNewswire/ -- i4cast(TM), the leader in Total Cost
Management software, today announced enhancements to its cost
management solution with the addition of a Bid/Quote analysis tool
that allows organizations to determine best cost information which
will aid in delivering more accurate and profitable quotes to the
customer. "Today there is a high level of complexity in formulating
profitable quotes and proposals that meet customers' bundling and
delivery requirements," said Dan Hickman, Manager of Product
Development. "Very often, a sales bundle will contain disparate
products from multiple parts of an organization or even from
manufacturing partners, making consolidated, accurate cost
information difficult to obtain." Targeted for the global
enterprise, the i4cast Bid/Quote Management functionality provides
a facility to create sales bundles, independent of manufacturing
source, that take into account varying costs over the delivery
term. Utilizing varying cost and bill-of-material data from within
the i4cast suite, the Bid/Quote functionality makes it possible to
easily model profitability of sales bundles that include current
and planned products as well as provide insight into historical
costs of end-of-life products. Organizations with these abilities
can easily develop proposals arranged to maximize profit by
leveraging the delivery schedule and their very latest cost
information to their advantage. Anticipated benefits include: --
Facility to model a sales bundle comprised of products from
multiple manufacturing sites/partners, including visibility into
the detailed product structure and cost data. -- Model product cost
and price based on various potential delivery schedules to optimize
profitability based on required quantities and timing. -- Best cost
and vendor viability reporting provide support for research of
inactive products contained in the sales bundle, allowing the
enterprise to determine the feasibility and profitability of the
proposal. -- Centralized management of sales bundles information
provides detailed cost data to support bid documentation, proposal
analysis, and the ability to leverage historical quotes for new
proposal development. About i4cast
i4cast(TM)(http://www.i4cast.com/ ) is a leading Total Cost
Management solution focused on delivering real-time, accurate cost
for the enterprise-wide supply chain. A joint venture between
Hewlett-Packard and Alliance Data Corporation, i4cast(TM) has
developed an Internet-based Total Cost Management solution that
allows clients to have the best costing information to manage
greater product profitability, reduce cost of goods sold, enhance
costing collaboration and improve time to market capabilities.
DATASOURCE: i4cast CONTACT: Kyna Autrey of i4cast, +1-281-397-7029,
or Web site: http://www.i4cast.com/
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