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About BuyMetrics Inc.
 
  Today, the opportunities to improve efficiency aren't only in material handling. There are real savings in information handling: reducing the countless hours both buyers and sellers spend researching, quoting, placing, confirming, processing, revising, and correcting orders.  

BuyMetrics is not an exchange or an open marketplace. It is a secure, buyer-controlled tool for you to communicate with your chosen suppliers. Its purpose is to help high volume buyers make better decisions faster and spend less time on administrative chores:

bulletGenerate RFQs, send purchase orders, and receive confirmations directly from any supplier you choose.
bulletGather quotes from secondary suppliers you normally wouldn't have time to contact.
bulletInstantly compare offerings against customized averages or third-party metrics such as Random Lengths*.
bulletAutomatically price and manage formula-based program purchases.
bulletAutomatically create purchase orders in your POS/ERP system.**
bulletAutomatically capture and maintain purchase data, to analyze your purchasing strategies objectively.

BuyMetrics mirrors the way buyers and sellers do business by phone. It supports counteroffers, partial loads and mixed tallies, block buys, forward buying, arbitrage opportunities, pooled purchases across multiple locations, and comparison of spot to program buys.

When you use BuyMetrics, you create and maintain your own list of suppliers. All your suppliers need is an e-mail address and a Web browser -- no special software, no passwords, and no user accounts.

To generate an RFQ, you simply enter your requirements into the BuyMetrics form, choose the suppliers you want to send it to, and click "Submit." Each supplier receives an e-mail with a hyperlink to a data-entry form at your secure BuyMetrics Web site. They click the link, fill out the form and click "Submit." The information appears instantly on your screen.

When you accept an offer, BuyMetrics automatically generates a purchase order, sends it to the supplier for confirmation, and processes it into your POS/ERP system.  You can also route electronic copies to your administrator, yard manager, or anyone else you choose.

BuyMetrics also includes a variety of tools to help you analyze and refine your purchasing strategies, from comprehensive historical data to time-series and cross-sectional analysis.

Intelligent buying is the lifeline of every lumberyard, With BuyMetrics, your purchasing team will have all the information they need to make sound decisions whether you're a single-unit independent or a publicly-traded industry giant.

* Requires appropriate Random Lengths subscription.

** ERP/POS interfaces available from system suppliers for Activant's Falcon, Pro, 4GL, V2, and Dimensions systems, Citron Associates' Yard Master, LJI Technologies' Lumberjack, Infor's NXTrend, and several privately developed systems.

ProLink®, BuyMetrics® (US patent 7,043,457, patent pending), and QuickQuote are trademarks of BuyMetrics, Inc.

©BuyMetrics, Inc 2002-2007. All Rights Reserved.


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Article reprint from
LBM Journal

Buyer-Owned, Seller-Friendly

BuyMetrics is controlled by the buyer and designed to be very friendly to the seller.   Vendors do not require a user account, a password, or "membership" in any system.  As long as they have e-mail and a web-browser, they can use the system to communicate with their BuyMetrics customers.

Speed Matters

"In the lumber business, the one thing that always seems to be on allocation is good information.  When the market is moving, I can get my needs covered in half the time it used to take me."

"Now that I'm not on the phone ten hours a day, my vendors can reach me when they have important information.  They also understand BuyMetrics helps us both, so they tend to respond to me very quickly."