by Emily Nichols, Octopart

"Bay-Soft has just released three great software modules that make finding parts even easier." read more...

Bay-2 Quote: Best-Price Engine

The web search functionality has been enhanced to include a new decisive software module in the new version of Bay-2 Quote. With the newly developed Bay-2 Best-Price Engine, multiple distributor databases are accessed directly and simultaneously. Research on the best prices of various distributors is possible in real time by the automatic authentication of the enquirer. The Bay-2 Quote Best-Price Engine now combines all existing and newly developed algorithms for a direct web-based search on the distributor databases or by using search engines such as Octopart (with the new Version 3 interface). With a single input, it is now possible to search in parallel a series of distributor databases or to use search engines (Octopart).

The search results such as structured data and continuous text are converted to a standard format, duplicates are detected and automatically eliminated, and then displayed in a uniform format. This is followed by an evaluation of the results using key figures and a traffic light system.  Bay-2 Quote Best-Price Engine is structured in such a way that additional distributor and manufacturer databases can be integrated, provided they offer the corresponding web services and activate access to them.

Bay-2 Quote Best-Price Engine makes a worldwide web search for the best price among distributors such as Arrow Central Europe GmbH, TTI Inc., Farnell GmbH, Mouser Electronics Inc., RS Components GmbH, etc. If the price of the desired component is not found among the directly associated distributors, then the prices of other distributors and manufacturers are accessed using Octopart. 

This makes available, in real-time, not just the prices but also the associated scale quantities and the quantities available with the distributors.  Direct access to distributor databases offers the purchaser and developer the special advantages of significantly higher data quality, an extensive selection of technical characteristics and company-specific best prices.