Guides

Speed to quote:
how to reply to quote requests faster

Six practical steps for suppliers, none of which need new software. And how to stay fast without making mistakes.

Why speed matters

A buyer comparing several suppliers wants clear answers they can act on. If your quote arrives early and answers every point, it is easy to say yes to. If it arrives late, the buyer may already have moved on.

We do not know of a reliable public figure for how much a faster reply improves your chances, and it will vary by trade and by buyer. The number that matters is your own. So this guide ends with a simple way to measure it.

1. Use one shared inbox

Requests get lost when they land in five personal inboxes. Pick one address, such as a quotes@ address on your own domain, and use it everywhere: your website, your quote form, your email signatures and your catalogue.

  • Make it a shared mailbox or a group, so more than one person can see it.
  • Forward anything that arrives elsewhere, and reply from the shared address.
  • Make sure someone covers it during holidays and sick days.

2. Triage every request the same day

Look at every new request on the day it arrives, and put it in one of three piles.

  • Quote now. You have everything you need.
  • Need information. Send your questions today. A partial quote can go with them.
  • Decline. Say no quickly and politely.

If a full quote will take time, send an acknowledgement the same day, so the buyer knows when to expect it.

Subject: Re: [their subject line]

Hello [name],

Thank you for your request. We have it and are working on it. You will have our quote by [day and date].

If you have drawings or details you have not sent yet, please send them to this address.

Kind regards,
[Your name]
[Company name]

3. Keep your prices in one place

The slowest quotes are the ones where someone has to hunt for a price. Keep one up-to-date price list that everyone who quotes can open. A spreadsheet is fine. Include:

  • Current prices and price breaks.
  • Minimum order quantities.
  • Standard lead times.
  • Delivery charges, by area or by weight.
  • Your standard payment terms, and how long your quotes stay valid.
  • Who can approve a discount or a non-standard price, and what each person can quote without sign-off.
  • The date each price was last checked.

Make sure at least two people know how to use it. If some prices depend on your own suppliers, note how long their quotes usually take, and ask them for standing prices on the items you quote most often.

4. Reply from templates

Most replies fall into a few types: a full quote, a partial quote with questions, a decline, and an acknowledgement. Write each one once, keep it where everyone can find it, and fill in the blanks. Our guide How to reply to a request for quote has three you can copy, and a checklist of what every quote should state.

5. Set a response-time target

Agree a target as a team and write it down. Fill in numbers you can hit in a busy week, not a quiet one. You can tighten them later.

Our quote response targets

1. Every request is acknowledged on the working day it arrives.
2. Standard items are quoted within [number] working days.
3. For custom work, questions go to the buyer within [number] working days, with a date for the full quote.
4. If we cannot meet a date we gave, we tell the buyer before it passes.

6. Measure it

Keep a simple log of every request. A shared spreadsheet with these columns is enough.

Date received
Customer
Their reference
Our quote number
Type (standard / custom)
Date acknowledged
Date quoted
Working days to quote
Value of quote
Outcome (won / lost / no reply)
Reason, if known

Once a month, look at three things: the average working days to quote, the slowest quotes and why they were slow, and which quotes you won and lost. Over a few months you can start to see whether faster replies make a difference for your business.

Fast, but checked

Speed should never mean sending something wrong. Check each quote against the request before it goes. Keep a person approving every price and commitment, even if you use tools to sort requests or draft replies. An automated reply should never agree to a price, a date or terms on your behalf.

Some requests now come from buyers' AI tools, sometimes sent to several suppliers at once. The same steps apply. See When a buyer's AI agent asks you for a quote.

QuoteDesk is a tool Kavel is building for suppliers, with an early-access list. It is not available yet, and everything in this guide works without it. Join the list and we will only email you about QuoteDesk.

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