Can I get quotes without being a Lumi member?

Yes. If you would like to evaluate how manufacturers on Lumi compare to your existing packaging providers, please contact our sales team to start a free 30 day evaluation of the platform.

Why should I submit price targets for quoting?

Price targets gives manufacturers in the network a price to beat. Without price targets, quotes will take longer to get back to you.

What does selecting a quote do?

Selecting a quote initiates the next steps of placing your order into motion. The quote will be turned into an item that can be added to an order, proofed, and ultimately produced and shipped to you. 

How do I use quote filters?

Applying filters to the Quotes view hides quotes from the list, allowing you to focus on comparing the right quotes against each other.

Quote status: Show or hide any quotes that match the following statuses:

  • Quoting: The manufacturer has been identified as a candidate but has not provided a quote yet.
  • Ready: A quote has been provided by the manufacturer and needs a response from your team. Quotes automatically expire once they reach the expiration date (typically 30 days).
  • Request declined: The manufacturer has declined to quote on your request. 
  • Rejected: Your team has rejected this quote.
  • Accepted: Your team has accepted this quote.
  • Show expired quotes: Quotes that have expired drop out of view by default. Toggle this on to see them.

Maximum lead time: Show or hide any quotes within the lead time you specify.

Product category: Show or hide quotes that match specific product categories.

Quote request: Show or hide quotes that match specific quote requests.

Adding filters to the quotes view also creates a unique URL that you can share with other members of your team.

How are the different costs on quotes broken out and calculated?

Some of the values displayed on the quote are the actual costs associated with the production and shipping of the item, while others are calculated based on those actual costs and the original quote request details.

Cost categories

  • Base cost: The manufacturer’s material and manufacturing costs, before markup.
  • Management fee: Your pre-negotiated supply chain management rate.
  • Freight estimate: An estimate of the cost required to ship the item from manufacturer to final destination.
  • Tooling: The cost of print plates and cutting dies required to produce an item the first time it’s ordered.
  • Other fees: Any other fees associated with the production and shipping of the item. This includes duties, custom ink mixing, plate changes, custom pallets, or rush fees.

Calculated costs

  • Landed cost: The per-unit cost of the item with all other recurring costs amortized across the quantity break amount. The only cost excluded from this number is tooling since tooling only needs to be paid for on an item’s first order.
  • First order total: The total estimated all-in cost that you can expect to pay the first time you order this item, which includes tooling.
  • Reorder total: The total estimated all-in cost that you can expect to pay for subsequent orders of this item, which excludes tooling.
  • Savings: The percent savings when comparing the item’s landed cost to the target price provided on the quote request. If no number is displayed, it’s because there was no price target given, or the landed cost does not yield any savings.
  • Annualized savings: The total estimated savings earned over the course of a year at the annual volume provided on the quote request given orders are placed in increments of this quantity break. If no number is displayed, it’s because there was no price target or annual volume given, or the landed cost does not yield any savings.

How are Best Match and Factory Highlights determined?

Best Match and Factory Highlights are available on each quote you receive through Lumi. These features help you choose a factory with greater confidence. These call-outs are determined using a combination of data points:

  • Specifications and needs defined in your quote request
  • Supply chain data in your account
  • Anonymized trends from other Lumi members
  • Factory data and certifications in Lumi
  • Broader supply chain trends such as potential disruptions