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Inquiry and Negotiation
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Meaning:
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Inquiry is sending normal Inquiry where
buyer asks seller to give quote for a particular product
and seller replies with his quote or seller offering a
quote for a particular product and buyer replies if he
is interested in buying. Negotiation is similer to normal
Negotiation where buyer and seller arrives at mutually
acceptable price or terms by changing original Inquiry/offer. |
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How it
works ?
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For
Buyer :
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only
registered buyer can set an Inquiry |
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Buyer sets an Inquiry by specifying
products he wishes to purchase and other information
such as product specifications, quantity,place,
date ,commercial & shipping terms and other conditions
and finally the closing date of Inquiry. This
Inquiry is posted on plasticsahead.com's Inquiry
section.
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Sellers visits plasticsahead.com
and after viewing this Inquiry submits their lowest
quote in response to Inquiry set.
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If Buyer do not want to set an Inquiry
he can just view present offers posted by sellers
by clicking 'current Inquiries/offers' and reply
to it if he is interested in buying. |
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Buyer can see the number
of repllies received by clicking 'View Status'.
Here, there are 2 sections. section 1 'Inquiry List'
(Inquiry set by buyer himself) & section 2 'Negotiation
List'(Offer posted by other party and buyer replies
to it). 'Inquiry List'or 'Negotiation List' as the
case may be gives the replies recevied from sellers
and clicking it gives quote and seller name. Buyer
can either Delete it or Buy it or start Negotiation
with seller by clicking 'Negotiate'. on Clicking
'Negotiate' buyer is shown quote and other terms
of seller. He can Negotiate by changing quote or
terms and submit to seller. As buyer has replied
to the seller, the same Inquiry comes under 'Awaiting
counterparty action' from the original 'Awaiting
my confirmation'.The same Inquiry comes under 'Items
for confirmation' when the seller has agreed to
sell to the buyer and finally, Buyer accepts this
confirmation and Negotiation is complete. |
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After Negotiation is over and Transaction
is confirmed by both the parties it goes to 'Order
Tracking' section where buyer can know exact status
of order ie 'Confirmed Orders', 'Goods-in-Transit'
or 'Goods Received'. |
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Buyer
can anytime modify his Inquiry by clicking 'Modify
Inquiry/Offer'.
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Buyer
can view all the offers posted on plasticsahead.com
by clicking 'List All'.
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For Seller :
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only
registered Seller can make Inquiry. |
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Seller
sets an offer by specifying products he wishes to
offer for sale and other information such as product
specifications, quantity,place, date ,commercial
& shipping terms and other conditions and finally
the closing date of offer. This offer is posted
on plasticsahead.com's offer section. |
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Buyer
visits plasticsahead.com and after viewing this
offer replies with his intention to purchase from
seller with his own terms such as acceptable product
specifications, quantity, place, date, commercial
& shipping terms and also the acceptable price.
- If seller do not want to set an offer he can just
view present Inquiries posted by Buyers by clicking
'current Inquries/offers' and reply to it if he
is interested in selling. |
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Seller
can see the number of repllies received by clicking
'View Status'. Here, there are 2 sections. section
1 'Inquiry List' (offer set by seller himself) &
section 2 'Negotiation List'(Inquiry posted by other
party and seller replies to it). 'Inquiry List'or
'Negotiation List' as the case may be gives the
replies recevied from Buyers and clicking it gives
quote and Buyer name. Seller can either Delete it
or sell or start Negotiation with Buyer by clicking
'Negotiate'. on Clicking 'Negotiate' he is shown
quote and other terms of Buyer. He can Negotiate
by changing quote or terms and submit to Buyer.
As Seller has replied to the Buyer, the same offer
comes under 'Awaiting counterparty action' from
the original 'Awaiting my confirmation'.The same
offer comes under 'Items for confirmation' when
the Buyer has agreed to Buy from the seller and
finally, Seller accepts this confirmation and Negotiation
is complete. |
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After
Negotiation is over and Transaction is confirmed
by both the parties it goes to 'Order Tracking'
section where seller can know exact status of order
ie 'Confirmed Orders', 'Goods-in-Transit' or 'Goods
Received'. |
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Seller
can anytime modify his offer by clicking 'Modify
Inquiry/Offer'. |
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Seller
can view all the Inquries posted on plasticsahead.com
by clicking 'List All'. |
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