# Supplier quote comparison: landed cost and weighted score

> Compare up to five supplier quotes on like-for-like landed cost, whatever the Incoterm, then score them on cost, lead time, quality and payment terms.

Source: https://sourcesquid.co/tools/quote-compare/

Cost tool · free

# Supplier quote comparison. Like for like, at last.

Comparing supplier quotes fairly means converting each one to the same basis, landed cost per unit at your door, because EXW, FOB, CIF and DDP prices include different costs. Enter up to five quotes and this tool normalises them, adds tooling, and ranks them on a weighted score for cost, lead time, quality and cash terms.

  * __Free, no sign-up
  * __Runs in your browser
  * __Save as PDF or email it

Best overall on your weights**–**

Lowest landed cost**$0**

Annual cost, best overall**$0**

Rank| Supplier| Landed per unit| Annual cost| Lead time| Quality| Advance| Score  
---|---|---|---|---|---|---|---  
  
Landed cost per unit = (price + freight and insurance) × (1 + duty %) + tooling ÷ annual volume. Duty is applied simply to price plus freight; in the US duty is charged on the FOB value, so figures there are slightly conservative. Scores out of 100: cost and lead time relative to the best quote, quality as rating ÷ 5, cash terms as 100 − advance %.

[Want better quotes to compare? Get a supplier shortlist in 48 hours](https://sourcesquid.co/start/?from=quote-compare)

**Saved.** Want a copy in your inbox or on WhatsApp as well? Optional.

How it works

## Three steps. One clear answer.

  1. 01

Enter each quote: price, Incoterm, your freight estimate, duty, tooling, MOQ, lead time, advance payment and a quality rating.

  2. 02

Set your annual volume and how much cost, lead time, quality and cash terms matter to you.

  3. 03

Read the landed cost per unit, the ranking and a plain-language summary of which supplier to take forward.

Method and sources

**Landed cost per unit** = (unit price + freight and insurance per unit) × (1 + duty %) + tooling ÷ annual volume. For DDP quotes freight and duty are already in the price. Each criterion is scored out of 100: **cost** = lowest landed cost ÷ this landed cost; **lead time** = shortest lead time ÷ this lead time; **quality** = rating ÷ 5; **cash terms** = 100 − advance payment %. The overall score is the weighted average using your weights. Duty is applied to price plus freight for simplicity; EU and UK duty uses the CIF value, while US duty uses the FOB value.

Results are estimates to support your decisions. For binding figures, ask our team or your customs broker.

Quote compare questions

## Straight answers.

Anything else, ask us directly. A principal replies, not a bot.

[anirudh@sourcesquid.co](mailto:anirudh@sourcesquid.co)

### How do I compare an FOB quote with a DDP quote?

Convert both to landed cost at your door. Add freight, insurance and duty to the FOB price; a DDP price already includes them. Only then is the comparison fair.

### Why include tooling in the unit cost?

A low unit price with high tooling can cost more in year one than a slightly higher price with no tooling. Spreading tooling over your annual volume shows the true first-year cost per unit.

### How should I weight cost, lead time and quality?

For a stable, repeat product, cost often carries 40 to 60% of the weight. For a new launch or a safety-critical part, give quality and lead time more weight, because rework and delays usually cost more than the price difference.

### Does the lowest quote always win?

No. A supplier with a slightly higher landed cost but better quality, shorter lead time or lower advance payment can be the stronger choice. The weighted score makes that trade-off visible.

### How many quotes should I get?

Three comparable quotes from qualified suppliers is a common standard. It gives a fair view of the market without spending weeks on requests for quotation.

Use it with

## Tools that work well together.

[Cost**Landed cost** Landed cost is everything you pay to get a product to your warehouse: the factory price plus freight, insurance, import duty, customs fees and local charges.](https://sourcesquid.co/tools/landed-cost/)[Cost**Should-cost** Should-cost is the price a well-run factory could reasonably charge for a part, built up from material, machine time, tooling, finishing, packaging, overhead and a fair margin.](https://sourcesquid.co/tools/should-cost/)[Logistics**Incoterms advisor** Incoterms® 2020 are the International Chamber of Commerce's 11 standard trade rules that set who arranges and pays for each step of a shipment and where risk passes from seller to buyer.](https://sourcesquid.co/tools/incoterms-advisor/)[Suppliers**RFQ builder** A request for quotation (RFQ) is the document a buyer sends to suppliers to get comparable prices for the same specification, quantities and terms.](https://sourcesquid.co/tools/rfq-builder/)

From numbers to factories

## Turn this result into a free teardown.

Send one drawing, photo or quote. A principal returns how it is made, where it is made best and a realistic target price, free, in 48 hours.

[Get my free teardown](https://sourcesquid.co/start/?from=quote-compare)[Talk to a principal](https://sourcesquid.co/contact/)