As your supplier quotes start to roll in and your RFQ or RFP comes to a close, it’s now time to review and award your bids. Luckily, Fairmarkit puts all the information you need side-by-side for easy review and awarding.
From your closed RFQ list, open an RFQ that is ready to be reviewed. You will see all responses to individual line items of the RFQ, with the lowest price for the RFQ highlighted in green.
After reviewing all the bids, you can award the full RFQ to one supplier or award individual line items to different suppliers. Click the trophy icon next to the supplier you want to award to, or select the trophy icon within the individual response box. You can read more about these two methods below.
Read more about awarding to your suppliers in the below articles:
- How to award bids
- Split awarding bids (awarding to multiple suppliers)
- Closing a request early
Find our next lesson here: Lesson 4: See your analytics
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