Procurement

Quote comparison

How supplier quotations are compared on price, landed cost, lead time, and completeness — not on a single cell in an email.

Updated 2026-08-22

Quote comparison exists because the lowest unit price is rarely the whole story.

The procurement engines can compare quotations with:

  • currency normalization
  • landed-cost calculation when freight and related inputs are present
  • lead-time comparison
  • flags for incomplete submissions
  • unusual-bid detection

Evaluation weights and award recommendation helpers exist for structured scoring. They do not remove commercial judgment.

Completeness

An incomplete quote that wins on unit price is not cheaper; it is unfinished. Flag missing freight, coating, or origin rather than filling gaps from memory.

After award

Awarded values should become commitments that Project Controls can see. A comparison worksheet that never becomes a PO is not procurement — it is a meeting artifact.

Related: Trade & Tariff overview, Project Controls overview, Procurement solution.