Analyzing initial best and final offer responses

  1. When Best and Final Offer initial responses are ready for assessment, which is generally when an event reaches a close date, an Analyze best and final step one link is displayed.
  2. Open the event.
  3. Click the Analyze Best and Final link.
  4. Complete the Response Analysis for the event.
    The responses are displayed the same as they are when awarding bids.
  5. Click the Select For Best And Final button. If Select For Best And Final is not selected for a Supplier, then it is assumed they are not a best and final supplier.
  6. For suppliers that are selected for best and final offer processing, there is an Unselect For Best And Final to use until the best and final process is started.
  7. After all of the desired Suppliers have been selected for best and final offer processing, click the Start Best And Final Process button. Select a close date and click OK.
  8. All supplier responses that are selected for best and final processes are set to an Open status so that suppliers can update their bid amounts. For all responding suppliers, values that are selected in Sourcing company are assessed to determine communications to suppliers.
  9. On event lists, the best and final offer close date is now displayed as the close date in the Current Close Date column. The best and final offer close date is displayed in the event header.
  10. While suppliers are creating best and final offer responses, a related page is available that shows a list of suppliers who were not selected for Best and Final Offers. For an event that was not initially designated as a best and final offer, an action is available in Analyze Event Responses where the event can be changed to best and final. The Analyze Event Responses page is updated so that suppliers for best and final offer are allowed.