Our BuyList tool enables you to create an online list of up to 200 distinct part numbers. When one of these part numbers is displayed after a Buyer conducts a search, the Buyer can submit an online offer to the Seller, who can accept, reject, or counter the offer. This negotiation process continues until the Buyer and Seller agree on a price and quantity for the line item. The entire transaction can be completed online, or USBid can assist via telephone. In this catalog-type commerce model, a Seller lists each available inventory line item at a fixed price.
Buyers can order a single line item, or multiple line items from multiple sellers.
USBid maintains contracts with leading component manufacturers to ensure the quality and availability of its fixed price components. We provide a complete online RFQ Management System for Buyers and Sellers. USBid then emails an RFQ for the selected parts to the appropriate Sellers, who can monitor all incoming RFQS online. Sellers can then send online quotes to all Buyers. We also provide Buyers and Sellers the online ability to track all RFQs, quotes, and responses.