RFQ Template

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							Best Buy Corporation Direct Import RFQ Template

Vendor Name                                        (Enter your company name here)

Submitted Date


Vendor Contact                                     Your Name
Email:                                             your email address
Phone:                                             your phone number
                                                                                                                                                                NOTE:
                                                                                                                                                                Please be sure to read the "Instructions" and "RFQ
BBY Customer Domain Team Contact                   (Enter your main BBY contact)                                                                                Example" tabs of this workbook before completing this
                                                                                                                                                                template

Required Data Elements                             Description/Notes                                                    Examples                1   2   3   4            5          6          7          8             9   10   11   12
Product Characteristics
SKU                                                                                                                     1234567
Model                                                                                                                   GR-4567
Product                                                                                                                 Leather Bags
HTS                                                                                                                     4202.91.0090
Duty Rate                                                                                                               4.5%
Pricing
                                                   This is the price that Best Buy currently pays for the SKU from
Domestic Price                                     a domestic vendor warehouse                                          $25.00
Suggested Retail Price                                                                                                  $50.00

                                                   This is the vendor's quoted FOB Port of Origin price to Best
                                                   Buy. It should be the difference between the Domestic Price
                                                   and the Vendors actual logistics costs. See subsequent slides
International Pricing (i.e. FOB Port of Origin)    for an example of what costs should be included                $35.00
                                                   Best Buy expects FOB Port of Origin pricing. If for some
                                                   reason you are not able to provide these terms, note the terms
INCO Terms                                         your International Pricing is based on                         FOB Port of Origin
                                                                                                                        2% coop, 5% MDF,
                                                                                                                        8% DFI, $8,000 per
                                                                                                                        store for grand
                                                                                                                        opening, $1 million
Programs - Domestic                                Describe programs under domestic                                     hard dollars per year
                                                                                                                        2.5% coop, 6%
                                                                                                                        MDF, 10% DFI,
                                                                                                                        $8,000 per store for
                                                   Describe programs under FOB. Best Buy expects vendor to              grand opening, $1
                                                   keep programs $ neutral i.e. program % may need to be                million hard dollars
Programs - International                           raised.                                                              per year
Annual Units                                       Annual units sold                                                    180,000
Shipping Information

Country of Origin                                  This is the country where your manufacturing plant is located        China
Mfg Location                                       This is the city where this sku is manufactured                      Guangzhou
Origin Port Name                                   This is the port of origin where the SKU is shipped from             Yantian
                                                   This is the number of single SKUs that is contained in each
Master Pack Qty (units per Carton)                 master pack                                                          4

Master Pack Weight (pounds per master pack)        This is the shipping weight of each master pack in pounds            12.5
                                                   This is the number of master pack cartons that can be
Master Pack Cartons per Container                  shipped in the container size listed below (field 12)                2,385

Master Pack Size (cubic feet)                      This is the volumetric size of each master pack in cubic feet        1.5
Current Mode (Air, Ocean, Truck)                   This is the primary mode used for the international move             Ocean
Container Size used for International Shipping
Leg (40' Ocean, 20' Ocean, Air Pallet, 53'         This is the standard container size used for the international
Truck, etc.)                                       move                                                                 40' Ocean Container
Payment Terms and Planning Information

Domestic Payment Terms                             These are the payment terms of the current domestic program          Net 60

International Payment Terms (expectation Int'l     Payment terms the vendor is quoting for a direct import
terms = domestic terms + transit time from port    program. Increasing the international payment terms to
of origin to point of ownership transfer under a   account for the international transit time will result in the same
domestic program)                                  order to cash cycle for both your company and Best Buy               Net 82
Domestic PO Lead Time (PO placement to             This is the span of time from when a Domestic PO is received
Ship Date from Vendor's Domestic Location )        by the vendor until product is shipped from the vendor's
(in Days)                                          domestic location                                                    7 Days
Import PO Lead Time (PO placement to               This is the span of time from when a Import PO is received by
Delivery at Port of Origin) (in Days)              the vendor until product is delivered to the Port of Origin.         14 Days
                                                   This is the number of days prior to receipt at the port of origin
International Forecast Lock Window                 that a forecast must be locked                                       60 Days
Domestic Supply Chain Structure
Can this product be mixed in a single container
with other products manufactured in the same
factory?                                                                                                                yes
How many domestic DCs does your company
service Best Buy from and where are they                                                                                2 - Chicago, IL;
located?                                                                                                                Dallas, TX
Does your company have a
deconsolidation/container strip location that is
separate from its distribution center?                                                                                  yes
Where is/are the location(s) of your
deconsolidation/container strip operation(s)?                                                                           Compton, CA
What is the average number of weeks of
inventory that your company maintains at its
DC(s) (cycle stock & safety stock)?                                                                                     4 weeks
Instructions for Completing the Direct Import RFQ Template
1)   This form is to be used as a starting point for determining product candidates for Direct Imports.
2)   Program level information will be considered after the initial analysis has been completed by the International Supply Chain Strategy (ISCS) team.
3)   All Vendor Input Fields are shaded in green
4)   If SKUs are not set up for these models please state "N/A" in the SKU field.
5)   Please refer to the Direct Import RFQ Preparation Aid for information on what we include in calculating landed cost.
6)   If there is a question on the required information please contact the Best Buy ISCS Team.
7)   Please return the completed form via e-mail to your primary Best Buy contact on the Customer Domain Team with cc to
     Ryan Smith (ryan.smith@bestbuy.com and Todd Schilling (todd.schilling@bestbuy.com).

Contact Information for the Best Buy DI Team

Name                Position      Email                            Phone #
Todd Schilling      Director      todd.schilling@bestbuy.com       612-291-5528
Ryan Smith          Planner       ryan.smith@bestbuy.com           612-291-6076

						
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