How many types of bidding exist in Collaborative Requisitioning?

In Collaborative Requisitioning within SAP Ariba, there are three primary types of bidding that organizations typically utilize. This structure enhances the procurement process by allowing buyers to effectively solicit offers from multiple suppliers through various methods, improving competition and potentially leading to better pricing and service terms.

The three types of bidding generally include:

1. Standard Bidding: This is the conventional method where suppliers provide their bids based on the specified requirements. It is often used for direct purchases where prices are clearly defined.

2. Reverse Auction: In this format, suppliers compete against each other in real-time as they submit progressively lower bids to win the contract. This method is particularly effective for commodities or services where the pricing can be easily compared.

3. RFI/RFQ (Request for Information/Request for Quotation): While RFIs are typically used for gathering information about suppliers and their capabilities, RFQs are specifically aimed at getting price quotes. This allows buyers to obtain detailed responses that facilitate informed decision-making.

These different bidding options provide flexibility in how organizations can engage with suppliers and ensure they can procure goods and services effectively. Utilizing these methods strategically can lead to optimized sourcing outcomes that align with an organization's procurement goals.