Automate Commodity Procurement

June 1, 2011

I Buy Steel, Livonia, MI, has created its free web-based Rapid Quote System (RQS) to automate the commodity-procurement process. Buyers can create, launch, track and review all RFQ activity through the use of RFQ templates, a supplier database, e-mail integration and an RFQ activity screen.

The system allows users to enter multiple line items into an RFQ. When completed, each template can be saved, edited and sent to multiple suppliers; use the integrated commodity supplier database to select eligible suppliers. Suppliers then receive e-mails with a secure link that they can use to respond.

For buyers that use multiple commodities and geometries, RQS soon will support multiple commodities.

I Buy Steel: 734/956-0506; www.ibuysteel.com

Industry-Related Terms:
View Glossary of Metalforming Terms

See also: I Buy Steel, LLC