Price analysis

Clicking on the Price analysisbutton from the Browse bids screen opens a unique overview of submitted bids by all suppliers that have participated in the RFx.

 

In the top-right corner of the screen there are six predefined analysis views that you can use:

• Ranking of suppliers by overall best bid,
• View best bids by Line item groups,
• View best bids sorted by Line items,

• Analytical and summary ovewreview of bids,

• Ranking of suppliers by line items,

Depending on the selected view, the job can be awarded to specific suppliers by clicking on the Manage Bid awards button.1For example, if we select the overview Ranking of suppliers' offers by procurement items and click on the button Manage Bid Awards, the system will award procurement items to those suppliers that have submitted the lowest bid for each individual item..

 

OPENING A STORED PRICE ANALYSIS

If you click on the button, a window opens for selecting a previously saved price analysis. Double click the desired analysis to open it.

SAVE ANALYSIS

By clicking on the button it is possible to save an analysis. When saving, it is possible to add a description of the analysis and specify whether it will be publicly visible (available to all team members) or private (only visible to project manager of the procurement project).

EXPORT ANALYSIS TO MS EXCEL

The data showed on screen can be exported to MS Excel by clicking on the button.