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CPQ for Manufacturing Companies – How to Streamline the Quoting Process and Increase Profitability

What is CPQ and why is it important for the manufacturing industry? CPQ stands for Configure, Price, Quote. It’s a solution that helps companies configure products, calculate accurate pricing, and generate quotes quickly, easily, and correctly. In this blog post, you’ll learn how a CPQ solution can streamline your processes and create competitive advantages starting today.

CPQ for Manufacturing Companies – How to Streamline the Quoting Process and Increase Profitability

CPQ for manufacturing companies – how to streamline the quoting process and increase profitability

For manufacturing companies, where products are often complex with many variants, CPQ is a powerful tool to:

  • Reduce the risk of manual errors  
  • Automate repetitive tasks  
  • Shorten lead times in the quoting and ordering process  
  • Create customized solutions in a cost-effective way  

Common challenges without CPQ

Many manufacturing companies struggle with:

  • Long lead times for quotes due to manual steps and calculations  
  • Difficulty keeping track of all product variants and pricing  
  • Resource-intensive work for salespeople and engineers  
  • Risk of errors in quotes and orders that lead to costly consequences  

How can CPQ help manufacturing companies?

With a CPQ solution, your company can:

  • Automate quoting – create complete and accurate quotes in minutes instead of days  
  • Optimize product configuration – ensure only viable and profitable combinations can be selected  
  • Save time and resources – free up engineers from repetitive tasks through integration with design automation  
  • Improve customer experience – provide fast, accurate, and flexible product proposals  
  • Increase profitability – fewer errors, more efficient processes, and faster deal closures directly impact the bottom line  

Frequently asked questions about CPQ for manufacturing companies

Is CPQ difficult to implement?
No, a modern CPQ solution can be adapted to existing processes and systems. Implementation is often smoother than expected.

Is CPQ only suitable for large companies?
Absolutely not. Even small and medium-sized manufacturers benefit greatly from automation and shorter quoting processes.

Can CPQ integrate with existing systems like ERP, CAD, PDM, and PLM?
Yes, a CPQ solution can be directly connected to ERP, CRM, CAD, PDM, and PLM systems. This enables a fully automated flow from quoting and product configuration to design, production, and product lifecycle management.

Does CPQ cover both sales configuration and product configuration? 
Yes, CPQ includes both:

  • Sales configuration focuses on enabling salespeople and customers to quickly configure products and services based on needs – often via a product configurator in a sales portal or e-commerce solution.  
  • Product configuration deals more with the technical rules and constraints behind the scenes, ensuring only allowed and profitable combinations can be created.

A modern CPQ solution connects both aspects: the salesperson gets a simple tool to create the right product proposal and quote, while the product rules in the background ensure the configuration can be produced and delivered.

What is the biggest advantage of implementing a CPQ solution?
For most companies, it’s the combination of shorter lead times, fewer errors, and increased sales.

Sovelia Configurator – more than a CPQ solution

Sovelia Configurator includes all the features of a modern CPQ solution but it doesn’t end there. In addition to centralized product configuration and instant and accurate quotes, Sovelia Configurator gives you detailed, production-ready BOMs that are exported directly to your PLM or ERP system, thus eliminating the need for manual entry. 

If you are in the Engineer-to-Order (ETO) business, Sovelia Configurator provides engineering error-free specifications,  again reducing rework and simplifying processes. 

Learn more about Sovelia Configurator


Time to streamline your quoting process?

For manufacturing companies looking to grow while maintaining control over costs and resources, CPQ is a natural next step. By combining product configuration, pricing, and quoting in an automated flow, time is freed up for both salespeople and engineers – and customers receive faster and more accurate solutions.

Is your company ready to take the next step? Explore how a CPQ solution can streamline your processes and create competitive advantages starting today.

 

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