LumiQuote is the next generation EMS RfQ software with a leading-edge data-driven and collaborative approach. Process more quotations in less time, achieve higher hit rates with more competitive quotes, and transform your business to be future-proof.
As an EMS in today's electronics industry, you are facing a competitive environment. Winning clients is increasingly difficult, margins are squeezed, differentiation is harder, and quoting needs to be faster.
This transformation is widening the gap of success between companies with traditional approaches and the ones with modern mindsets. We developed the next generation EMS RfQ software called LumiQuote to support those on their journey who are ready to rethink their current RfQ management.
Having to switch between email, Excel, and several other tools to process an RfQ and all associated data takes time and bears a high risk of information getting lost. LumiQuote moves your quoting process end-to-end into one workspace, so you can collaboratively work with your colleagues in real-time and have smart algorithms help you process even the messiest BOMs.
Manually gathering list and contract prices is a cumbersome task, as is sending out Excels to distributors to get quote prices. LumiQuote gives you automatic insight into historical and market prices and allows you to double your focus on the parts that really matter. With our supplier quote portal, getting quote prices into your calculations is easier than ever before.
With every RfQ there comes back and forth communication, negotiation, consultation, and updated agreements with the OEM. Having to do this via email, Excel, phone, and various mixed channels can be inefficient and tedious. LumiQuote enables direct communication, real-time status updates, and live collaboration on online BOMs to make part approvals and solving issues smoother, leaving clients more delighted than ever.
Uncover your hidden key performance indicators effortlessly and identify early on any potential for improvement. No matter if it's the hit rate, response time, or any other strategic key figures, they will be visible in the analytics dashboard. This is made possible by the digital end-to-end processing of the entire workflow.
Communication with business partners via multiple channels, such as e-mail, phone, or video conferencing, is prone to misunderstandings, information gaps, and duplicate work in cross-functional teams. Centralized communication and documentation of interactions with customers and supply chain partners streamline mutual understanding and collaboration inside and outside the company.
In the past, we developed a software internally to deal with the complexity of RfQ management and calculations. This is why we recognized the potential of LumiQuote for our processes and our business early. With the help of Luminovo we are now moving away from our Excel-based processes and into a truly digital age of quoting and calculation.
In the highly competitive EMS market, we want to continuously develop our current processes in order to further strengthen our market position as an innovator in the EMS industry against our competition. By choosing Luminovo, we firmly believe that our customers will directly benefit from shorter response times and resulting in faster quoting and lead times for their products.
I have found Luminovo to be extremely customer-centric, actively listening to the needs of individual users in order to develop an EMS quoting tool that not only helps but is also enjoyed by everyone. Working with the team is generally extremely pleasant, open, and collaborative at all levels.
Estimating the manufacturing costs for a new assembly was always a cumbersome and time consuming process. Partnering up with Luminovo helps us to fundamentally rethink our approach and develop a more concise and automated process inspired by industry wide best practices. It's a pleasure to work with the team in such an open, innovative and trustful manner.