Configure-Price-Quote
A software category that enables sales teams to build valid product configurations from predefined option sets, calculate pricing, and generate customer quotes — integrated with CRM and PLM to ensure configurations are valid and pricing is accurate.
Why it matters
CPQ is the commercial interface to a configure-to-order business. Without CPQ-PLM integration, sales can sell configurations that engineering cannot build, and engineering can validate configurations that do not match what was quoted — creating expensive rework and customer satisfaction problems.
External References
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Cite this definition
Finocchiaro, Michael. “Configure-Price-Quote.” DemystifyingPLM PLM Glossary, 2026, https://www.demystifyingplm.com/glossary/configure-price-quote