Creating award reasons
A repository of award and non-award reasons can be created and assigned to a sourcing event.
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An award reason informs a supplier that they have been awarded your business. For example, a reason for awarding a bid may be due to the supplier's ability to provide the lowest price or best delivery date. After a bid has been awarded, the award reason that you defined can be viewed by suppliers.
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A non-award reason is used only for internal inquiries and cannot be viewed by suppliers. Information from non-awards can be collected and used to respond to supplier inquiries. An example of a non-award reason may include incomplete bid, not best delivery date, or not lowest price.
To create an award reason