User Overview

The User Overview report summarizes the activity of all buyers. Buyers are ranked by the total number of request for quote events, regardless of status. The report summarizes the number of opened events compared to the total number of supplier invitations and engagement. This report further highlights how frequently a buyer only invites one supplier and how many suppliers they are inviting.

Column
Description

Buyer Name

Displays the name of a buyer in Fairmarkit.

If you drill into this value, you can review and download a summary of the events the buyer created. This includes Full Name, Opened at Date, Lowest Bid, and Quotations.

Total RFQs

Displays the total number of request for quote events. This value includes all request for quote events in any status ( draft, open, closed, awarded, canceled, or archived).

If you drill into this value, you can review and download a summary of events included. This includes the RFQ ID (with Link), Request ID, Created at Date, Status, Title, Requester Title, and Full Name.

Total Opened RFQs

Displays the total number of request for quote events that have been opened. This includes closed, awarded, and canceled events.

If you drill into this value, you can review and download a summary of events included. This includes the RFQ ID (with Link), Request ID, Created at Date, Status, Title, Requester Title, and Full Name.

% RFQs Opened

Displays the percentage of request for quote events that have been opened. This value is calculated as Total Opened RFQs / Total RFQs.

Avg Suppliers Invited

Displays the average number of suppliers invited to the request for quote events.

Avg Bids Submitted

Displays the average number of suppliers responses submitted per request for quote event. Many customers see a correlation between the number of suppliers invited who respond, so this can be an opportunity for training.

Multi-sourced RFQs

Displays the number of request for quote events where more than one supplier was invited.

Single-sourced RFQs

Displays the number of request for quote events where only one supplier was invited. Identifying savings opportunities is obviously quite challenging if only one supplier is invited to participate in an event, so we suggest watching this statistic closely.

If you drill into this value, you can review and download a summary of events included. This includes the RFQ ID (with Link), Request ID, Created at Date, Status, Title, Requester Title, and Full Name.

% Single-sourced

Displays the percentage of request for quote events where only one supplier was invited. This value is calculated as Single-sourced RFQs / Total Opened RFQs.

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