Suppliers
September 22, 2025
Invite collaborators to edit and submit proposals
Overview
Suppliers can now add collaborators directly to their received quotation pages. Collaborators gain the ability to edit and submit bids, streamlining team participation in the bidding process.
Updated Features
Share Bid Requests with Collaborators:
A new “Share” button is available on the Supplier Quotation page.
Invited collaborators with edit access can revise the full proposal and submit bids on behalf of their organization.
If an RFQ requires an NDA, collaborators must sign the NDA before accessing bid details.
Key benefit: This simplifies internal collaboration for suppliers, removing the need to request buyer intervention when adding team members, and enabling faster, more efficient bid submissions.
April 30, 2025
Suppliers
Incoterms
When you're responding to an event, the buyer may have Incoterms already defined to help guide logistics expectations. You can keep the default value or select a different one from the list, depending on what works best for your response.
April 17, 2025
New supported langauges: Polish and Russian
Fairmarkit now supports Polish and Russian language and localization (number and currency format).
See: Languages and localization
March 20, 2025
Improved RFQ List
On your Supplier Portal, you now have an updated RFQ list that gives you better control over managing and reviewing your responses to request for quote (RFQ) events.
Updates include:
Dedicated lists for RFQ and Auction events.
Customizable columns to display the information you need.
Enhanced filtering by Customer, Status, and Urgency, plus an option to view only your events (ideal for Admins).
Sorting options by Title, Close Date, Urgency, and Shipping Location.
Quick search by event Title or ID.
New supported language: Estonian
Fairmarkit now supports Estonian language and localization (number and currency format).
See: Languages and localization
March 6, 2025
New supported langauges: Arabic and Bahasa Indonesia
Fairmarkit now supports Arabic and Bahasa Indonesia language and localization (number and currency format).
See: Languages and localization
February 20, 2025
Change to partially awarded event emails
Previously, you would receive a "not won" email when an event was partially awarded. Now, you'll only receive this email if the event is fully awarded to another supplier.
February 6, 2025
New auction types - Dutch, English, and Japanese
Buyers can now create three types of auction events, each with a different way for you to participate. For each auction type, the event screen provides instructions on how to proceed.
Dutch auction
The auction price starts low and increases over time. You win if you're the first participant to accept the current price.
See: Dutch auction
English (classic) auction
Compete by submitting lower prices throughout the event. If your bid is the lowest at the end, you win. This is the original reverse auction experience.
See: English (classic) auction
Japanese auction
The auction starts at a high price and decreases over time. At each price drop, you'll decide whether to stay or leave. If you're the last participant remaining, you win.
See: Japanese auction
Minimum English auction bid
Buyers can now set a Minimum bid increment, requiring new bids to meet a specified percentage or fixed amount below the current lead bid (e.g., 5% or $10). If your bid doesn’t meet this value, you’ll see an error message and need to update it before submitting it.
English auction extensions
Previously, if you bid on an auction in the final 10 minutes, the auction would extend for 10 minutes, continuing until no further bids were received. Buyers can now configure extensions, controlling when extensions are triggered, how much time is added, and the maximum number of extensions. You’ll receive real-time notifications for extensions so you can respond quickly and stay competitive.
January 23, 2025
All requests/Customer filter combination
When reviewing one of your events list (RFQ, RFP, RFI), you can now select the All requests option and then filter the list to a specific Customer. This change allows you to have more control over your lists.
December 12, 2024
What's new
Valid for - New selections
When responding to a request for quote event, you can now select 7 days or 45 days as available options in the Valid for field.
November 14, 2024
What's new
New email: Response not awarded email
When a buyer awards a request for quote event, you can now receive an email update if your response is not awarded.
See: Response not awarded email (RFQ)
Archive
Use the Release notes archive to view older release notes.
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