There are several ways of analyzing the responses you have received for your negotiation. You can analyze by line or by response (you obtain different information depending on which type of analysis you perform). You can use AutoAward to have the system pick the best award. And if there are may lines or lines with complex attributes, you can also use a spreadsheet to perform your analysis offline . To analyze by response:
On the negotiations summary page, click Analyze by Bid/Analyze by Quote from the Actions menu .
The Analyze by Bid/Analyze by Quote page shows the response details from the different suppliers .
You can inspect the Requirement values (if any) by selecting multiple supplier responses and clicking Compare Requirements. The Compare Requirements page presents a side-by-side comparison of the Requirments. Note that the partial response icon denotes responses where the response quantity is lower than the quote/bid quantity for at least one of the lines of the negotiation, or where the response does not include responses to all negotiation lines.
If a negotiation is created for a temporary labor and if there are descriptors associated to the negotiation line based on the Job - Purchasing Category - Shopping Category combination; if the supplier has submitted a quote based on the Descriptors during the Quote process, then buyer can compare the suppliers' bids based on the descriptors that are associated to the line.
To analyze by line:
From the negotiation summary page for this negotiation, select Analyze by Line from the Actions menu and click Go.
The Analyze by Line page displays a table with an entry for each line in the negotiation and important information such as the best quote/bid, as well as additional information about each line including any backing requisition information. You can see the number of active bids against each line and the best quote/bid determined by the system for that line.
You can select any one entry in the table and click Graph Price or Analyze. If you select a line and click Graph Price, the resulting Monitor page shows your responses in a graph.
If you select a line and click Analyze, the resulting Analyze Line page displays additional information about the responses to that line, including that response's rank. You can click Compare to obtain a more complete, side-by-side display of all the responses.
The Analyze Alternate Lines button in the Analyze by Line page, when clicked, opens the Analyze Alternate Lines page. This page enables you to view all lines, alternate lines or related lines information on Quote/Bid for RFQ/Auction.
If you select the Alternate Lines radiobutton, the Related to RFQ Line dropdown displays. The dropdown enables you to search and select the line number which the supplier-provided alternate line is related to. If it is not related to any line, this field will remain blank for that record. If the Alternate line is linked to multiple negotiation lines, the field will displays a link called Multiple. If you click the Multiple link, a popup displays, that shows the negotiation lines to which this alternate line is linked.
This page shows multiple active responses/offers from the supplier and these offers can be awarded.
To use the AutoAward recommendation
AutoAward is a feature you can use when you need a quick, standard award. AutoAward uses the ranking capabilities and methods available in Oracle Sourcing to obtain its best award recommendation. For example, it will use the price being offered by the supplier for the most basic method of ranking responses. However, AutoAward can also use calculations available from Multi-Weighted Scoring negotiations to determine the best overall total cost. You can use AutoAward to quickly generate a benchmark against which other ranking methods and scenarios can be compared .
From the negotiation summary page for this negotiation, select View AutoAward. The AutoAward Recommendation page displays the response(s) that AutoAward has decided best fit the negotiation requirements .
To download responses via spreadsheet for analysis:
You can use the spreadsheet download feature to perform many tasks offline. You can use the spreadsheet download feature to export the response information for analysis offline. Once the negotiation is closed, you can download a spreadsheet with which to make award decisions and upload them to the system..
On the negotiations summary page, select Analyze by Spreadsheet from the Actions menu and click Go .
Download the spreadsheet.
Open the file up and use the instructions in the readme file (the .htm file) to process the spreadsheet.