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Workday User Guide
Last Updated: 2023-06-23
Analyze Supplier Bids

Analyze Supplier Bids

You can do a side-by-side comparison of supplier bids on requests for proposal (RFP) or auctions using event analysis.
  1. Select
    Navigate
    Events
    .
    Access the sourcing event that you want to analyze.
  2. Navigate to Event Analysis:
    • For auctions, click
      Analyze All Bids
      .
    • For RFPs, click the
      Event Analysis
       tab.
  3. In the
    Item Details
     tab, click
    Map Data
     to set up the data used in each column.
    As you analyze the event, consider:
    Option Description
    Item Details
    You can only map your data in the
    Item Details
     tab.
    Supplier Summary
    You can organize your supplier bids by common data groups with the
    Group By
     prompt.
    Scenario Summary
    You can organize your scenarios by common data groups with the
    Group By
     prompt.
    Item Pivot
    Strategic Sourcing doesn't persist pivot tables when you export event data.
  4. (Optional) Click
    Filter Columns
     to set up the reference columns you want to compare against your supplier bids.
    Suppliers can't see reference columns. You can add columns after you publish an event and before suppliers submit bids.
  5. (Optional) Use the
    Analysis Tools
     to customize your data display. When using the
    Analysis Tools
    , consider:
    Option Description
    Highlight By
    Set up highlights for the lowest value and the highest value in specific columns.
    The
    Item Details
     tab highlights the highest or lowest value per item across all suppliers based on your parameters.
    Feedback Ranges
    Set up feedback ranges to help identify competitive bids on a per line item basis.
    The
    Item Details
     tab displays a summary of the results and highlights each supplier bid based on your parameters.
    Outlier Analysis
    Set up outlier ranges for the columns you want to find outliers in.
    The
    Item Details
     tab displays a summary of how many outliers were found per line item and flags outliers in each supplier bid.
  6. (Optional) Access the
    Scenarios
     tab.
    Create new scenarios or manage existing ones in Event Analysis.
Request updates from your suppliers. To request updates from:
  • All suppliers, click
    Request Update
     in the
    Suppliers
     section of
    Filter Table Columns
    .
  • A specific supplier, click
    Request
     from the
    Actions
     menu of a supplier.
Add your suppliers and scenarios to the award summary.
Award or reject your supplier.

This content is not part of the Workday Administrator Guide.