The new tool expands the company’s AI-driven data platform, reinforcing its leadership in manufacturing technology
CADDi, a leader in digital solutions for manufacturers, announced the launch of CADDi Quote, a transformative quoting solution designed to reduce costs by improving supply chain performance and creating efficiencies. By using data-driven insights, CADDi Quote surfaces cost-effective alternatives, empowers agile supply chain pivots, and manages procurement processes in a convenient, one-stop location.
CADDi Quote employs AI-powered drawing analysis, identifies price trends from past purchases, and enables efficient cost estimation—allowing any user to arrive at an accurate quote quickly. It empowers businesses to make smarter, more efficient sourcing decisions, helping organizations reduce costs while improving operational efficiency by:
- Strengthening the supply chain and lowering procurement expenses through intelligent automation.
- Minimizing dependency on tribal knowledge, ensuring consistent and objective decision-making.
- Leveraging data from the quotation process to optimize supplier evaluation and drive long-term strategic sourcing.
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With CADDi Quote’s centralized management capabilities, procurement teams gain a holistic view of supplier performance and cost structures. This increased transparency enables businesses to enhance operational efficiency, mitigate risk, and drive profitability.
“Quoting in supplier relationship management between procurement and sales teams is filled with friction, taking valuable time and attention,” said Yushiro Kato, CEO of CADDi. “CADDi Quote eliminates this pain point by providing a single pane of glass where procurement teams can compare all quotes in one place, and sales teams can generate accurate, competitive quotes quickly and confidently.”
CADDi Quote empowers teams to work faster without sacrificing accuracy by automating pricing suggestions and synthesizing relevant data. This latest addition to CADDi’s AI data platform strengthens the company’s position as a leader in manufacturing technology, placing it in direct competition with ERP systems, quoting point solutions, and PLM/PDM platforms.
Source: PRNewswire
