Comparing Quotations
Compare like quantities, complete pack contents and the costs included in each proposal.
Keep the relevant records together and mark information that still needs confirmation. The following guides explain different parts of this stage, with examples and worksheets you can use for an individual purchase.
- Unit Price, Pack Price and Case Price
Prices can be quoted for one loose item, one retail pack or a case containing several packs.
- Understanding Minimum Order Quantities
A minimum may apply to a product, a variant, a case or the total order.
- Comparing Two Purchase Quotations
A fair comparison uses the same product specification, saleable quantity and delivery requirements for both proposals.
- Recording Additional Purchase Charges
A purchasing estimate should identify charges beyond the goods themselves, along with whether each amount is confirmed or only estimated.
- Quotation Dates and Validity
A quotation is a record of an offer made under stated conditions at a particular time.
- Estimating Landed Cost per Saleable Unit
For an internal purchasing estimate, divide the goods cost and the order-specific costs you have chosen to include by the number of saleable units.