Compare Vendor Bids

The Bid Analysis screen is used to compare vendor bids, establish contracts, and research contract history. This screen displays bids for one or more bid sheets for one market at a time, allowing the user to review all of the bids received from all vendors for those products in the selected market. If a product does not have any bids entered for ANY market, the product will not be displayed.  

In Bid Analysis, all prices are displayed based on the inventory unit and in the market base currency, converted from the vendor unit and base currency if different. See the Currency in Bid Master section for details on the currency exchange.

 

  1. Under the Purchasing menu, click Bid Analysis.
  1. To modify the list of available products, click the Bid Sheets button.  {Note}Closed: You can hover over the icon next to this button to see the Bid Sheets currently selected.
  2. In the Select Bid Sheets pop-up, check the box to (de)select the desired bid sheet(s). Only products on the selected bid sheets will be available for bid entry.
  3. When finished, click Apply.
  1. Select a Market from the drop-down.  {Note}Closed: In this screen, the list of markets includes only those linked to the current Application User’s profile.
  2. Edit the Effective Date if necessary, then click Retrieve.  {Note}Closed: The Effective Date can be any date within the Start and End Date range of the Bid Sheet.
  3. The Bid Analysis screen opens as a split screen; the columns on the left are locked and the columns on the right will scroll. In the right pane, each vendor’s bids are listed in a column under that vendor’s name; the vendors are displayed in alphabetical order from left to right.  
  • To lock or unlock a column, hover the mouse over the column header, click on the down-arrow that appears, and select Lock or Unlock from the pop-up menu.
  • To show or hide columns, select Columns from the pop-up menu, and select or deselect the desired column(s).
  • If necessary, click and drag the column headers to rearrange the order of the columns within each section.
  1. If necessary, click the Funnel (Filters) icon and use one of the filters to shorten the list of products.
  1. The lowest price for each product is displayed in Green All other prices will remain in black text.  {Note}Closed: To toggle between a view of prices with and without tax, check the Include Tax box.
  2. When finished, click the Home (Dashboard) icon to exit the screen.

 

 

Next Step: View the Vendor Scorecard