Reverse Auction Analysis Charts
We’ve introduced a new Analysis feature to the Reverse Auction → Compare Tab. It becomes visible only after the auction closes and allows users to view three analytical charts for each part:
1. Bid Timeline
Shows how supplier bids changed over time. Each bid is plotted as a dot (Price vs Time), with tooltips and supplier-level filtering.
2. Final Ranking
Bar chart showing each supplier’s final submitted bid price, highlighting the lowest bidder.
3. Savings vs Baseline
Displays annual cost savings using
(Current Price − Quoted Price) × EAU,
highlighting highest and lowest savings.
Key Benefits for Suppliers:
Enables quick visual comparison of supplier performance.
Provides clear insights into bidding behaviour, competitiveness, and cost advantages.
Helps buyers make more informed decisions using post-auction analytics.
Custom Quote Template Support in RFQ
We have introduced a major enhancement to the RFQ module that gives buyers and suppliers more flexibility in how quotes are submitted and managed. This update streamlines onboarding, supports custom formats, and ensures seamless handling of attached quote files within the RFQ workflow.
Feature Details
During the final step of RFQ creation, buyers can now choose between:
MESH Default Template (existing behaviour), or
Upload Your Own Quote Template
Buyers can attach their custom quote format, which suppliers can download, fill, and upload back as their official quote submission.
Key Benefits
Simplifies supplier onboarding
Supports customer-specific quote formats
Centralized quote handling and history tracking
Cleaner award workflow without dependency on structured pricing
Enhanced transparency for both buyer and suppliers
