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When you receive a Request for Quotation, you are able to quickly estimate labor and buyout costs (material and outside services) and prepare a quote.

The same Router and Buyout Cost screens found in Realtrac jobs are used, allowing for easy retrieval and duplication of prior estimates, use of templates for preparation of new estimates and conversion of estimates to jobs.

Quotation Screen

The cost each, selling price and quoted amount for up to five quantities are calculated and displayed.

Changing the markup percentage for Labor / Overhead or Buyout recalculates the prices.

The number of weeks lead time required to produce each quantity is calculated based on shop capacity.

How it works

The procedure for creating a new estimate is almost identical to creating a new manufacturing job. As in a job, the “heart” of an estimate is the process plan or router. By using a process plan approach, the Sales and Engineering Departments have access to and can take advantage of actual manufacturing experience when estimating costs for a new part or repeat order. In addition, since an estimate is created from a manufacturing viewpoint, the impact of accepting the order on key work centers and possible shop bottlenecks is easily determined.

Key features of Realtrac’s estimating system are the ability to

  • Create a job from an estimate.
  • Retrieve and duplicate a previous estimate.
  • Duplicate a job into an estimate.
  • Print quotes for up to five quantities on plain paper or on the same pre-printed forms used for invoices and packing lists.
  • Quote multiple items on a single quotation.
  • View and print detail and summary reports for analysis of estimates.

Other Applications

The following applications are designed to work hand-in-hand with Estimating and Quoting:

"Estimating and Quoting" is part of the REALTRAC Performance ERP line of products, developed by REALTRAC.