A method for distributed quote management includes receiving a buyer request for quote (RFQ) from a buyer. The buyer RFQ requests a quote from a seller and identifies multiple items. The method includes automatically determining a best cost of each item in the buyer RFQ. The method includes automatically generating a quote for the buyer RFQ using the determined best costs of the items in the buyer RFQ. The method includes automatically generating a bid package for the buyer RFQ that includes the generated quote and automatically communicating the generated bid package to the buyer.

 
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