RFQ creation
Create a request for quote with standardized quantity, lead time, and quality terms.
DIGITAL VENTURES / 02 · AUTOSTOCK
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Automating ingredient and goods procurement with supplier-centric bidding.
A supplier-centric procurement platform that standardizes sourcing needs into an RFQ, then lets multiple suppliers bid on price, lead time, and quality.
Who it is for
What Problem Does It Solve
Traditional procurement means coordinating price and lead time individually with each supplier — slow, and hard to compare. AutoStock standardizes sourcing needs into a single request for quote (RFQ) and lets multiple suppliers bid at once, connecting the whole procurement process into one flow.
Key features
Key Functions
Supplier bidding
Multiple suppliers submit terms and participate in bidding.
Price / lead-time / quality comparison
Compare bid terms at a glance.
Supplier selection
Select a supplier based on the compared terms.
Order integration
Connect the selected supplier into ordering.
Procurement history and data analysis
Record procurement history and analyze the data.
How it works
How It Works
- 01
Create an RFQ
Register sourcing needs as a standardized RFQ.
- 02
Suppliers bid
Multiple suppliers bid on price, lead time, and quality terms.
- 03
Compare and select
Compare bid terms and select a supplier.
- 04
Order and receive
Place the order, then update inventory once received.
FAQ
FAQ
What is AutoStock?
A procurement platform that standardizes a venue's or buyer's sourcing needs into an RFQ and sources ingredients and goods through supplier bidding.
How do suppliers participate?
Suppliers can review an RFQ and submit price, lead-time, and quality terms to bid.
How is a supplier selected?
By comparing terms such as price, lead time, quality, and trade history.
Does it offer AI demand forecasting too?
Some features, including AI-assisted demand forecasting and order recommendations, are still at the planning stage — actual scope may vary as development progresses.
Other services
Partnership inquiries
Try AutoStock now
Run procurement more efficiently with supplier-centric bidding.
contact@jpinternational.co.kr