Skip to content
Search articles, videos and guides…⌘K
Interactive

Create your first sourcing event

From an empty dashboard to suppliers receiving your invitation — with a hands-on demo.

A sourcing event is how you ask suppliers to compete for your business — an RFQ for price, an RFI for information, an RFP for a full proposal, or a reverse Auction for live bidding. This guide takes you from an empty dashboard to suppliers receiving your first invitation.

0:00
3:24
Create a sourcing event in 3 minutes
Chapters · 3:24 min watch
0:00Start from the dashboard
0:38Add items and quantities
1:30Set evaluation criteria
2:11Invite suppliers
2:52Review and publish

Before you start

Have your item list, target quantities and any specification documents ready. You can always edit items while the event is in draft, but a clean list up front saves time and avoids confusing suppliers later.

Draft first, publish when ready

Nothing is sent to suppliers until you publish. A draft event is private to your team, so you can build it over several sittings.

Step by step

1

Open Create Sourcing Event

From the dashboard right rail, choose Create Sourcing Event and pick a type — RFQ, RFI, RFP, Logistic RFQ or Auction.

Dashboard · Create Sourcing Event
2

Add your items

Give the event a title, then add line items with quantity, unit and any notes. Bulk-import from a spreadsheet if your list is long.

Details & Items · line item table
3

Set evaluation criteria

Decide what 'best' means — lowest price, weighted technical + commercial scoring, or required attributes such as warranty and lead time.

Evaluation criteria · weighting
4

Invite suppliers

Pick from your supplier directory or invite a new company by email. Invited partners get a private, secure link to respond.

Invite Suppliers · directory
5

Review and publish

Check the summary, set the RFx deadline, then publish. Suppliers are notified instantly and the clock starts.

Review & Submit · summary

Try it yourself

Click through a simplified version of the create-event wizard below. Nothing is saved — it's a sandbox to get the feel of the flow.

Create Sourcing Event
1Details & Items
2Invite Suppliers
3Review & Submit
A4 Paper, 80gsm
500 reams
Ballpoint pens, blue
2,000 units
Interactive — try it
Set a realistic deadline

Suppliers need time to price accurately. For a standard RFQ, allow at least 3–5 business days; rushed deadlines tend to return fewer, higher offers.

Event types at a glance

TypeUse it whenSuppliers submit
RFQYou know exactly what you need and want pricePriced offer per item
RFIYou're scoping the market firstCapabilities & information
RFPSolution matters as much as priceFull technical + commercial proposal
AuctionYou want live competitive pressureLive descending bids
Sourcing event checklist (PDF)

PDF · 280 KB

Was this article helpful?