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ARC Advisory Group Launches Request for Quote (RFQ) Service

ARC's RFQ Service, which is now available to manufacturers and logistics companies, targets e-procurement of plant automation solutions, including automation hardware and software for field devices and sensors up through production management systems.

Although called an "RFQ Service," it also provides all the support services necessary to develop a scope of work, on-line bidding, and even the selection of the preferred supplier.

"We see the RFQ Service as a way of helping our clients to execute a strategy that increases plant utilization and lowers the Total Cost of Ownership (TCO)," according to Dave Woll, the Vice President of Consulting Services.

"The growth of on-line e-procurement for plant solutions is creating a demand for standard RFQs that take advantage of Internet marketplaces and auctioning technologies. With advanced plant systems, 90 percent of the complexity lies in the RFQ development process. Once this is achieved, we work with the client to use appropriate auctioning or closed bidding technology that can return significant cost savings," according to Alan Williams, the Vice President of Sales & Marketing.

ARC's recently published report on E-Procurement Strategies for Plant Systems shows that the standardization of the RFQ process is "the Key" to enabling the e-procurement for plant systems. A copy of this report is available from ARC.

The RFQ Service also takes advantage of ARC's extensive research in the areas of plant optimization, "best-in-class" technologies, and system architectures to establish key conventions used in the RFQ development process:

  • Lowering Total Cost of Ownership (TCO) and Life Cycle Cost
  • Increasing Asset Utilization
  • Access to Unified Information
  • Comprehensive Functional Integration
  • Reliability Centered Maintenance
  • A Continuous Improvement Methodology

ARC clients who take advantage of this service will achieve significant benefits. These include shorter procurement cycle times, RFQ-based on latest technologies, lower life cycle costs and total cost of ownership (TCO), and an e-procurement-enabled RFQ process.

ARC Advisory Group provides strategic consulting and technology assessment services to leading manufacturing companies, utilities, and global logistics providers, as well as to software and solution suppliers worldwide. From Global 1000 companies to small start-up firms, ARC has the strategic knowledge needed to succeed in today's technology driven economy. Further information can be obtained from ARC, Three Allied Drive, Dedham, MA 02026, Tel (781) 471-1000, Fax (781) 471-1100, E-mail pobrien@arcweb.com, Web www.arcweb.com.

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