RFQs to award.

What it does

The Sourcing Agent helps you run a competitive request for quotes (RFQ): invite suppliers, compare bids, score them against your priorities, and negotiate before you award a supplier.

What you can do here

• Click New sourcing event to describe what you need and publish an RFQ.
• Open an event from the list to collect bids, review the scorecard, and run negotiation rounds.
• Award the recommended supplier and optionally start a contract draft.

Behind the scenes

ProcureAI drafts RFQs from your brief using catalog prices and past spend, invites suppliers in the right category (skipping blocked ones), records bids, scores price, lead time, warranty, payment terms, and supplier risk using your weights, then negotiates within target and walk-away prices.

Example: RFQ-3101 covers 180 engineering laptops with a $430,000 budget. Apex Devices bid $2,310 per unit with a 36-month warranty; Quanta Hardware bid $2,245 with a 24-month warranty — open the event to see the weighted scorecard.