Comparing Supplier Bids
Once suppliers have submitted their responses to your Sourcing Event, you can begin comparing the bids. There are various places in the Sourcing Event that might be useful for that.
Manage Responses
The Manage Responses tab gives you a full overview of supplier activity for this Sourcing Event. Here you can:
- View each supplier's response status (e.g., Open Invite, Started, Submitted, Declined)
- Review response details for individual suppliers
- Message suppliers directly
- Add internal comments about a supplier's bid
Compare Tab
The Compare tab displays all supplier submissions side by side, with the lowest and highest price for each line item automatically highlighted.
Use the column filters on the left to show or hide specific fields - for example, if part number alone is sufficient, you can hide the item name and description to get a cleaner overview.
If a supplier has updated their response (for example, offering a lower price), click Show Latest under the Vendor filters to display only the most recent version of each bid.
You can also reorder columns by dragging them, and export the comparison to Excel - the export will reflect your current filters and column arrangement.
To dig deeper into a specific submission, click View Response under the supplier's name and navigate to the Response Details section.
Analysis Tab
The Analysis tab is available when your Sourcing Event includes a Quote Template (Cost Breakdown). Use the filters on the right to narrow down the data you want to review, then click Build Chart from Grid to visualize it.
Once the chart is generated, you can refine it by clicking any data point or column you want to exclude.
