Add a sourcing request to a negotiation event

  • Release version: Washingtondc
  • Updated February 1, 2024
  • 1 minute to read

    • You can manage multi-supplier and multi-product negotiations by mapping similar sourcing requests and related negotiations to a negotiation event.

    Before you begin

    Role required: sn_shop.procurement_specialist

    Procedure

    1. Navigate to All > Procurement Case Management > Procurement Workspace.
    2. On the list page, navigate to All team work > Sourcing Requests.
    3. Select the sourcing request that you plan to add to a negotiation event.
    4. Select Add to negotiation event.
    5. In the Add to negotiation event dialog box, select whether you would like to add the sourcing request to an existing or new negotiation event.
      • If adding to an existing negotiation event, select the negotiation event from the Negotiation events list.
      • If adding to a new negotiation event:
        1. Enter a short description for the negotiation event in the Short description field.
        2. Select the method used to engage with the supplier from the Negotiation type field. The options are Quote, RFx, Contract Renewal, and Other.
        3. Select the anticipated outcome or end results of the negotiation event from the Negotiation outcome field. The options are Standard Savings, Contract Terms Negotiated, Cost Avoidance, and Negotiation Unsuccessful.
        4. Select your expected start date from the calendar icon or enter it in the Expected start field, if necessary.
    6. Select Add.

    Result

    A new negotiation event is created, which is attached to the selected sourcing request.

    What to do next

    View an overview of the negotiation event in the Overview tab, and other associated information in relevant tabs such as Details, Negotiations, Sourcing Requests, Purchase Lines, Cases, Purchasing Tasks, and Contracts.

    You can add more sourcing requests to this negotiation event by selecting Add sourcing request. Negotiation records are automatically created for each supplier in the sourcing request. You can add more suppliers to this negotiation event as well. For more information, see Work on a negotiation event.

    In compliance with fair competition laws, qualify all your suppliers in that negotiation event before you start negotiating with any of them. For more information, see Supplier qualification.