The basic plan is free and lets you post RFQs, sort RFQs by criteria, receive quotes, sort quotes by criteria, analyze RFQ activity, and collaborate with suppliers. Premium users can manage RFQs individually or as projects and use a project invitation list. They can also specify RFQ target price and automatically reject quotes that are high. Analysis tools calculate estimated project cost dynamically, calculate variance from project budget, and use closed projects for historical analysis. Premium users can retract and modify RFQs if requirements change, filter RFQs and quotes received, and collaborate with all or individual suppliers selectively.
Suppliers likewise can choose from basic or premium subscription plans.
You can view a sample list of live RFQs at ManufacturingQuote. At the time I visited, all types of parts were open for bid, including machined parts, formed parts, laser cutting, and wire forming. The site leverages the power of the Internet by letting buyers submit a part for quotes without hunting around for a vendor. Suppliers can reallocate advertising budgets to a subscription plan that lets them focus on responding to RFQs and making parts. The Internet is changing the way you make the jump from computer screen to prototype and production parts.