Simplify and speed up quoting with contract price, list price and last prices quotes for reference
The Pricing Bar gives you direct access to pricing information to refer to when quoting making it simpler and quicker to quote.
❗ Available on Trade Business and all DPP Suppliers trading with DPP Buyers
This article covers…
Here is a quick 1m 30 Sec overview of the new feature:
When quoting Buyers the pricing bar uses the information from each line item and displays pricing for reference. There are three different types of prices that display in the pricing bar…
Last Prices Quoted
The last prices quoted display matching line-items you previously quoted for the same buyer, including whether you won or lost at that price helping you maintain a competitive edge.
Quality of Matches
The quotes returned as last price quoted are based on the data available in the line item, and Shipserv has added an indication on each quote depending on matched data, if the line item is a direct match the returned result will have a high indication, medium quality matches are based on similar quality and low-quality matches are based on matches to the description.
Quote Status
As well as the quality of the returned quote, we also show the current status of the quote, giving you more insight into your previous quotes and informing you if the quote was won, lost or still awaiting buyer input.
The pricing bar provides a range of benefits to yourself and the buyer.
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Quote quicker - decrease response time
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Quote consistently - avoid subjective pricing decisions
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Quote competitively - make decisions off previous performance
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Quote compliantly - adhere to contracts with buyers
The pricing bar also helps you identify which products from your assortment (your Supplier Part Numbers) match the buyer's request (their Buyer Part Number). To learn more, click here.
Turning the pricing bar on or off
You're in control. You can choose whether to hide or show the pricing bar by clicking the toggle at the top of the line items.
Below is a step-by-step overview on how the pricing bar works. To get the most out of the pricing bar, utilize the 'Supplier Part Number' when trading. To learn more about the Supplier Part Number field, click here.
1. Leaning your assortment…
As your quoting, when you enter your Supplier Part Number we learn what your assortment is, the frequency you supply particular products and the price you quoted.
🚀 Want to know how to make this step quicker…? Click here
2. Understanding Buyer Part Numbers
When entering your Supplier Part Number next to the Buyers’ Part Number, we learn how the Buyers’ code corresponds to products in your assortment. Next time the Buyer uses the same part number, we already know what they're asking for!
🚀 Already have a cheat sheet with Buyer Part Numbers mapping to your own part numbers? Click here to upload them.
3. Finding matching historic quotes and product pricing
When you select a line-item whilst quoting, we use the data in the line item to find you the best matches to products in your assortment, their prices and any historic quote matches.
Uploading your assortment on ShipServ will help speed up the time it takes the ShipServ Platform to learn from your trade.
Already have a public catalogue on ShipServ?
Catalogues can be difficult to maintain - by still continuing to enter your Supplier Part Number when trading we'll be able to ensure we keep up-to-date with your assortment without the manual efforts.
Don't have (or want) a catalogue public to Buyers on ShipServ?
No problem! You can still provide us with your catalogue, it just won't be visible or accessible to Buyers. Download the template below and send it back to us at support@shipserv.com or via out live chat.
Why should I enter my Supplier Part Number when quoting?
By entering your Supplier Part Number we're able to learn how Buyer's demand and your quotes correlate to your assortment of products. This ensures we can find you the best quality pricing references.
Entering your Supplier Part Number has a range of additional benefits beyond the Pricing Bar, Click here to learn more.
Are the last prices quoted specific to the buyer I'm currently quoting?
No. A previously quoted product match, for any buyer you previous quoted, will be displayed in the "Last prices quoted" section.
If there are no matches on part numbers, will I still get historic quotes?
Yes, provided you have quoted a buyer for a similar item in the past. We use various data in your line items to find relevant product pricing matches. However, part numbers will always find the best quality pricing matches.
What are the different matches on quotes you look for?
We look for exact part Supplier Part Number and Buyer Part Number matches. These will always give the best quality pricing matches to refer to.
We also look for general category matches. When you haven't quoted for that particular product previously we find matches on products you previously quoted in the same category.
Finally, we use the descriptive data in your line items and extract the intent to find you other possible matches that may be relevant.