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Changing the Ranking Method for a Resource

You can analyze the bids for each resource on an RFQ independently. You can rank supplier resource bids either by cost or by lead time. Each resource on an RFQ can be ranked using a different method.

When you rank resource bids by cost, the supplier with the lowest cost for the resource is ranked first. Discounts, loaded taxes, and loaded extra charges are all included when calculating the total resource cost. Suppliers that have not submitted a bid for the resource or that have declined to bid on the resource are excluded from the ranking. Suppliers that have been manually excluded from analysis are also not ranked.

When you rank resource bids by lead time, the supplier with the shortest lead time is ranked first. The supplier with the longest lead time duration is ranked last. For example, if supplier A’s bid for a resource has a lead time of five days and supplier B’s bid for the same resource has a lead time of six days, supplier A is ranked 1st and supplier B is ranked 2nd.

You can change the ranking method for any resource on the RFQ that is not locked. When you change the ranking method for a resource, the winning bid for the resource is recalculated.

To Change the Ranking Method for a Resource

1.	Open the RFQ.

2.	Select the Analysis view, and then the Resources and Bids tab. This tab displays a list of the resources on the RFQ. The currently selected ranking method for each resource is displayed in the Ranking Method column.

3.	To change the ranking method for a resource, right-click it and select either Rank by cost or Rank by Lead-time.

Note: The bids cannot be analyzed until all of the bids have been entered. If all of the bids have been entered when you change the ranking method, the system analyzes the bids according to the selected method.