Welcome To CostMasters

CostMasters is a leading digital solution provider in the field of purchasing, trusted by 1000+ multinational corporations, OEMs, and Tier-1 suppliers spanning automotive, auto-ancillary, and broader engineering industries, where cost competitiveness is critical to success. With deep expertise in Product Cost Management, we provide comprehensive solutions including Raw Material Price Tracking, Cost Estimation Software -ICE, RFQ digitalisation tool for Procurement and Inbound sales – Rapid RFQ , Reverse & Forward Auction services – BidMasters and designing of best-in-class procurement processes centred on profitability.

Experience

Established in 2013, we are a team of highly dedicated professionals serving you in managing costs. At CostMasters, we put procurement at the heart of performance.

Quick Support Contact Now
Global Reach

Our Esteemed Clients

1000 +

Clients

200 +

Commodities

Our Products

Raw Material Price Tracking & Forecasting

  • 200+ Commodities in 9 Heads
  • Built-in analytics-Online & PDF
  • AI-Powered Price Forecasting
  • Forecast 40+ Key Commodities
  • Next 1-Year Price Predictions

Intelligent Cost Estimator

  • 8 Part Cost Estimation Module
  • Simple & Efficient Zero Base Costing Tools
  • Built-in Analytical Reports
  • RM Mass Indexation
  • Customized Costing Modules

BidMasters

  • Forward Auction - Online bidding platform
  • Real-time competitive bidding
  • Pricing analytics for market value
  • Smart Lifting Instructions

RapidRFQ

  • RFQ – Procurement Direct & Indirect
  • Detailed Cost Driver Comparison
  • RFQ – Sales Inbound Collaboration
  • Reverse Auction Platform