FALL 2023

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THE DISTRIBUTOR’S LINK
BAY SUPPLY A DIVISION OF BAY FASTENING SYSTEMS
30 Banfi Plaza North, Farmingdale, NY 11735
TEL 516-294-4100 FAX 516-294-3448 EMAIL info@baysupply.com WEB www.baysupply.com
BAY SUPPLY LAUNCHES INNOVATIVE
BAY-AUTO-QUOTE MANAGEMENT SYSTEM
Bay Supply, the leading Online Marketplace serving
the fastener industry, has announced the launch of its
innovative Bay-Auto-Quote management system. The
new system is designed to streamline and revolutionize
how buyers and sellers interact and transact in the
fastener industry.
When fastener manufacturers register on the Bay
Supply Platform, they’re presented with a variety of
selling options - directly, through authorized distributors,
via Bay Supply as their distributor, or made-to-order.
Regardless of the chosen registration method, Bay
ensures a smooth onboarding process. Our mission
is to build the manufacturer’s entire product catalog,
encompassing all available digital assets (images,
catalogs, specification sheets, flyers, videos) to create
a comprehensive digital branding and sales strategy.
Registered Distributors can select their desired
manufacturers and brands. If these manufacturers
already have a digital catalog on Bay Supply, the catalog
will be instantly syndicated to the distributor’s offering,
eliminating the time-consuming task of catalog creation
from scratch. Distributors can also re-assign SKUs, add
their selling units of measure and pricing, and list any
available inventory.
This seamless process feeds the groundbreaking
Bay Auto-Quote management system. When a buyer
sends a quote request for any number of items, the
RFQ is syndicated to all the registered Distributors or
direct-selling Manufacturers that sell the specific product
categories or brands requested. Instead of searching for
suppliers on various websites, the buyer can send an
RFQ to the entire fastener industry supply chain with a
single click, saving hours of sourcing time.
Upon receiving the RFQ, distributors, direct selling
manufacturers, or MTO manufacturers can quickly
review, edit, and submit their quotes. The Bay Auto-
Quote Management System auto-calculates the quote
response, presenting immediate ship quantities, backorder
quantities, and pricing (including bulk discounts).
Buyers are then notified of the responses to their
RFQs, allowing them to consider, reject or save for future
purchase orders. Through the system’s communication
function, they can submit questions, ensuring effective
communication with sellers.
If an organization requires internal approval, the Bay
Auto-Quote system provides a print function, enabling
buyers to share their potential purchases easily.
Once the purchases have been approved, a single
purchase order can be made for multiple vendors,
streamlining the procurement process.
“The Bay Auto-Quote system is a game-changer for
the fastener industry. It eliminates hours of sourcing
efforts, aligns offers for easy comparison, and enables
a single point of communication with all vendors. More
than anything, it streamlines the process for the buyer,
providing the ability to submit a single purchase order
for multiple SKUs offered by multiple distributors or
manufacturers in a single transaction,” says Mike
Eichinger, COO at Baysupply.com.
Bay Supply is a B2B e-commerce marketplace for the
fastener industry. Each month, over 40,000 sourcing
professionals utilize Bay Supply to procure rivets,
fasteners, and more from the heart of the fastening
industry supply chain.
For more information about the Bay-Auto-Quote system,
visit www.baysupply.com.
BUSINESS FOCUS ARTICLE
BAY SUPPLY