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Sourcing Event Tool Kit Matrix Pricing & Tiered Pricing User Guide

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Presentation on theme: "Sourcing Event Tool Kit Matrix Pricing & Tiered Pricing User Guide"— Presentation transcript:

1 Sourcing Event Tool Kit Matrix Pricing & Tiered Pricing User Guide
March, 2004

2 Introduction Matrix Pricing Tiered Pricing Resources Contents
© 2004 MyFloridaMarketPlace. All rights reserved.

3 Advanced Pricing within the Sourcing tool streamlines the capturing of different item parameters by the Purchasing Analyst by allowing the input of various item specific terms in a tabulated form. Matrix Pricing & Tiered Pricing Definitions and Benefits Matrix Pricing Tiered Pricing Definition Matrix Pricing allows the Purchasing Analyst to collect multiple factors for a single item during an RFP. For any line item within the matrix, the Purchasing Analyst can capture various item parameters such as Price, Quantity, Color, etc. from bidders. Tiered Pricing allows Purchasing Analysts to capture item pricing when the quantity or volume is not known or provided to bidders. Using Tiered Pricing, Purchasing Analysts can choose the best offer(s) based on their expected purchase volumes. Benefits Matrix Pricing collect similar bids/responses from vendors across a common factor Matrix Pricing can also be used to collect bids/responses across multiple factors Matrix Pricing presents a clean table format for simple, intuitive bidding by the vendors Matrix Pricing reduce analysis & evaluation time since all vendors’ item-level bids/ responses are presented in a table format A bidding table will be constructed for every contiguous block of lines in a structure, this means that every block of line items with a common Matrix factor will have its own bidding screen. Tiered pricing gives Purchasing Analysts the opportunity to capture prices (or discounts) on items based on different quantities Allows Purchasing Analysts to compare responses/bids side-by-side, which reduces analysis and evaluation time Tiered Pricing presents a clean table format for simple, intuitive bidding by the vendors © 2004 MyFloridaMarketPlace. All rights reserved.

4 Allows for Price & Non-Price as item parameters
Matrix Pricing and Tiered Pricing provide the Purchasing Analysts a way to capture various Price & Non-Price item parameters and decrease time spent analyzing item specific parameters. Matrix Pricing & Tiered Pricing Attributes Tiered Pricing Matrix Pricing Allows for prices (or discounts) on items based on different quantities Allows for Price & Non-Price as item parameters Presents a clean table format for simple, intuitive bidding by the vendors Collects similar responses from vendors across different quantities © 2004 MyFloridaMarketPlace. All rights reserved.

5 Build Matrix Pricing and Tiered Pricing capability into RFX
Purchasing Analysts should be able to comfortably use the Sourcing tool’s advanced pricing functionality (Matrix Pricing & Tiered Pricing) after reviewing this training document. Matrix Pricing & Tiered Pricing Training Objectives Build Matrix Pricing and Tiered Pricing capability into RFX Become familiar with the bidding process using Matrix Pricing and Tiered Pricing Monitor and evaluate bids using Matrix Pricing and Tiered Pricing © 2004 MyFloridaMarketPlace. All rights reserved.

6 Introduction Matrix Pricing Tiered Pricing Resources Contents
© 2004 MyFloridaMarketPlace. All rights reserved.

7 This section provides Purchasing Analysts with an introduction to Matrix Pricing.
Matrix Pricing Process (Introduction) Bidding & Evaluation Introduction Setup When Matrix Pricing is Used Matrix Pricing Item Selection Bidding Vendor’s View Benefits & Limitations Matrix Pricing Factors & Dependencies Analysis and Evaluation Matrix Pricing Definitions Matrix Pricing Summary Page Matrix Pricing Export © 2004 MyFloridaMarketPlace. All rights reserved.

8 Example 1 Different Factors
Bidding & Evaluation Introduction Setup When Matrix Pricing is used Matrix Pricing Item Selection Bidding Vendor’s view Purchasing Analyst often need to collect different response parameters for each item. Matrix Pricing enables Purchasing Analysts to capture various item specific parameters. Benefits & Limitations Matrix Pricing Factors & Dependencies Analysis and evaluation Matrix Pricing Definitions Matrix Pricing Summary Page Matrix Pricing Export Factors and Dependency Terms Example 1 Different Factors Purchasing Analysts may have the need to capture multiple item specifications Buyers typical required specification /dependency terms for Different prices (List price, Retail price, Actual Price) Manufacturer Model Color (Red, Green, Blue) Various packaging specifications (example /Carton, /hour, /kit, etc. Locations (example North Region, South Region, East & West Regions) Manufacturer Model # List Price Price Item 1 Itemsn+1 Example 2 Common Factor Region1 Region2 Region3 region4 Item 1 Itemn+1 © 2004 MyFloridaMarketPlace. All rights reserved.

9 Currently Matrix Pricing is only available for RFP based template
Bidding & Evaluation Introduction Setup Matrix Pricing can allow buyers to capture different specification requirements for each item, but it is only available on RFP based template When Matrix Pricing is used Matrix Pricing Item Selection Bidding Vendor’s view Benefits & Limitations Matrix Pricing Factors & Dependencies Analysis and evaluation Matrix Pricing Definitions Matrix Pricing Summary Page Matrix Pricing Export Benefits Matrix Pricing can collect similar bids or responses from vendors across a common factor Matrix Pricing can also be used to collect bids or responses across multiple factors. Matrix Pricing presents a clean table format for simple, intuitive bidding by the vendors Matrix Pricing reduce analysis & evaluation time since all vendor’s items level bids/responses are presented in a tabulated format a bidding table will be constructed for every contiguous block of lines in a structure, this means that every block of line items with a common Matrix factor will have its own bidding screen. Limitations Currently Matrix Pricing is only available for RFP based template Copying and pasting results into excel is a cumbersome process (1-2 hours) © 2004 MyFloridaMarketPlace. All rights reserved.

10 Several new terms are involved in using the Matrix Pricing feature.
Bidding & Evaluation Introduction Setup When Matrix Pricing is used Matrix Pricing Item Selection Bidding Vendor’s view Several new terms are involved in using the Matrix Pricing feature. Benefits & Limitations Matrix Pricing Factors & Dependencies Analysis and evaluation Matrix Pricing Definitions Matrix Pricing Summary Page Matrix Pricing Export Matrix Pricing Definitions Matrix Factor – the column headings within the bidding table Lines in Matrix – the line items that have been chosen to be included for bidding within the table Dependent Terms – for each line, the bidding information the vendors must enter for each value of the matrix factor Advanced Pricing Structure – the entire Bidding Table, which includes one matrix factor, one or many lines, and the dependent terms for each line. An RFX may contain multiple advanced pricing structures. © 2004 MyFloridaMarketPlace. All rights reserved.

11 This section will review the main steps that Purchasing Analysts will follow to set up Matrix Pricing within the Sourcing tool. Matrix Pricing Process (Setup) Bidding & Evaluation Introduction Setup When Matrix Pricing is Used Matrix Pricing Item Selection Bidding Vendor’s View Benefits & Limitations Matrix Pricing Factors & Dependencies Analysis and Evaluation Matrix Pricing Definitions Matrix Pricing Summary Page Matrix Pricing Export © 2004 MyFloridaMarketPlace. All rights reserved.

12 Building Matrix Pricing
Bidding & Evaluation Introduction Setup When Matrix Pricing is used Matrix Pricing Item Selection Bidding Vendor’s view Building Matrix Pricing Benefits & Limitations Matrix Pricing Factors & Dependencies Analysis and evaluation Matrix Pricing Definitions Matrix Pricing Summary Page Matrix Pricing Export Step 1: Matrix Pricing Setup 2 3 1 When building template Go to Items tab Click on Advanced Pricing Click on New Pricing Structure © 2004 MyFloridaMarketPlace. All rights reserved.

13 Building Matrix Pricing
Bidding & Evaluation Introduction Setup When Matrix Pricing is used Matrix Pricing Item Selection Bidding Vendor’s view Building Matrix Pricing Benefits & Limitations Matrix Pricing Factors & Dependencies Analysis and evaluation Matrix Pricing Definitions Matrix Pricing Summary Page Matrix Pricing Export Step 2: Matrix Pricing Item Selection 2 1 When Selecting Items Select the items you want to put in the Matrix Click Next Please remember to select only items with common Matrix Factor © 2004 MyFloridaMarketPlace. All rights reserved.

14 Building Matrix Pricing
Bidding & Evaluation Introduction Setup When Matrix Pricing is used Matrix Pricing Item Selection Bidding Vendor’s view Building Matrix Pricing Benefits & Limitations Matrix Pricing Factors & Dependencies Analysis and evaluation Matrix Pricing Definitions Matrix Pricing Summary Page Matrix Pricing Export Step 3: Matrix Pricing Rules 2 1 When Selecting Items Select Matrix Pricing radio button Click Next © 2004 MyFloridaMarketPlace. All rights reserved.

15 Building Matrix Pricing
Bidding & Evaluation Introduction Setup When Matrix Pricing is used Matrix Pricing Item Selection Bidding Vendor’s view Building Matrix Pricing Benefits & Limitations Matrix Pricing Factors & Dependencies Analysis and evaluation Matrix Pricing Definitions Matrix Pricing Summary Page Matrix Pricing Export Step 4: Matrix Pricing Factor 4 1 2 3 Add Matrix Factors When Building Matrix Factors Enter the Factor Name Add Matrix Factors Click to add another value on the list Click Next © 2004 MyFloridaMarketPlace. All rights reserved.

16 Building Matrix Pricing
Bidding & Evaluation Introduction Setup When Matrix Pricing is used Matrix Pricing Item Selection Bidding Vendor’s view Building Matrix Pricing Benefits & Limitations Matrix Pricing Factors & Dependencies Analysis and evaluation Matrix Pricing Definitions Matrix Pricing Summary Page Matrix Pricing Export Step 5: Matrix Pricing Dependency 1 2 When Building Matrix Factor Dependencies Select from a predefined dependencies such as (Price or Quality) To add a custom Dependency click on Add Dependent Term © 2004 MyFloridaMarketPlace. All rights reserved.

17 Building Matrix Pricing
Bidding & Evaluation Introduction Setup When Matrix Pricing is used Matrix Pricing Item Selection Bidding Vendor’s view Building Matrix Pricing Benefits & Limitations Matrix Pricing Factors & Dependencies Analysis and evaluation Matrix Pricing Definitions Matrix Pricing Summary Page Matrix Pricing Export Step 6: Matrix Pricing Custom Dependencies 2 1 You can add any custom dependent terms Click OK © 2004 MyFloridaMarketPlace. All rights reserved.

18 Building Matrix Pricing
Bidding & Evaluation Introduction Setup When Matrix Pricing is used Matrix Pricing Item Selection Bidding Vendor’s view Building Matrix Pricing Benefits & Limitations Matrix Pricing Factors & Dependencies Analysis and evaluation Matrix Pricing Definitions Matrix Pricing Summary Page Matrix Pricing Export Matrix Pricing Summary 1 Summary of the Matrix Price just completed You can setup additional Pricing Structures for other items which have different Matrix Factors Note: When Bidding, each Pricing Structure will be in a separate screen © 2004 MyFloridaMarketPlace. All rights reserved.

19 This section will review the main steps that Purchasing Analysts will follow when reviewing vendors’ responses captured through Matrix Pricing. Matrix Pricing Process (Bidding & Evaluation) Bidding & Evaluation Introduction Setup When Matrix Pricing is Used Matrix Pricing Item Selection Bidding Vendor’s View Benefits & Limitations Matrix Pricing Factors & Dependencies Analysis and Evaluation Matrix Pricing Definitions Matrix Pricing Summary Page Matrix Pricing Export © 2004 MyFloridaMarketPlace. All rights reserved.

20 What Happens During the RFX Event
Bidding & Evaluation Introduction Setup When Matrix Pricing is used Matrix Pricing Item Selection Bidding Vendor’s view What Happens During the RFX Event Benefits & Limitations Matrix Pricing Factors & Dependencies Analysis and evaluation Matrix Pricing Definitions Matrix Pricing Summary Page Matrix Pricing Export Bidding: Example 1 Matrix Pricing presents a clean table format for simple, intuitive bidding by the vendors © 2004 MyFloridaMarketPlace. All rights reserved.

21 What Happens During the RFX Event
Bidding & Evaluation Introduction Setup When Matrix Pricing is used Matrix Pricing Item Selection Bidding Vendor’s view What Happens During the RFX Event Benefits & Limitations Matrix Pricing Factors & Dependencies Analysis and evaluation Matrix Pricing Definitions Matrix Pricing Summary Page Matrix Pricing Export Bidding: Example 2 Note: the Multiple windows indicate that there are different Pricing Structures depending on the items © 2004 MyFloridaMarketPlace. All rights reserved.

22 What Happens During the RFX Event
Bidding & Evaluation Introduction Setup When Matrix Pricing is used Matrix Pricing Item Selection Bidding Vendor’s view What Happens During the RFX Event Benefits & Limitations Matrix Pricing Factors & Dependencies Analysis and evaluation Matrix Pricing Definitions Matrix Pricing Summary Page Matrix Pricing Export Bidding: Example 2 (Cont.) Note: the Multiple windows indicate that there are different Pricing Structures depending on the items © 2004 MyFloridaMarketPlace. All rights reserved.

23 Bidding & Evaluation Introduction Setup When Matrix Pricing is used Matrix Pricing Item Selection Bidding Vendor’s view Matrix Pricing reduce analysis & evaluation time since all vendor’s items level bids/responses are presented in a tabulated format with the best response identified. Benefits & Limitations Matrix Pricing Factors & Dependencies Analysis and evaluation Matrix Pricing Definitions Matrix Pricing Summary Page Matrix Pricing Export Analysis and Evaluation Matrix Pricing presents a clean table format for simple, analysis and evaluation Note that Vendor bids/responses are tabulated side by side © 2004 MyFloridaMarketPlace. All rights reserved.

24 Bidding & Evaluation Introduction Setup When Matrix Pricing is used Matrix Pricing Item Selection Bidding Vendor’s view For more detailed analysis, Purchasing Analysts may copy and paste the results into an analytical tool such as Excel. Benefits & Limitations Matrix Pricing Factors & Dependencies Analysis and evaluation Matrix Pricing Definitions Matrix Pricing Summary Page Matrix Pricing Export Matrix Pricing Export Select the bid tabulation data Copy and paste into Excel Note that the data may shift Purchasing analysts have to ensure that the information align correctly Currently, Event Services is working directly with Ariba to ensure exporting to Excel functionality is available in future releases of the software © 2004 MyFloridaMarketPlace. All rights reserved.

25 Introduction Matrix Pricing Tiered Pricing Resources Contents
© 2004 MyFloridaMarketPlace. All rights reserved.

26 This section will provide Purchasing Analysts with an introduction to Tiered Pricing functionality within the Sourcing tool. Tiered Pricing Process (Introduction) Bidding & Evaluation Introduction Setup When Tiered Pricing is Used Tiered Pricing Item Selection Bidding Vendor’s View Benefits & Limitations Tiered Pricing Rules Analysis and Evaluation Tiered Pricing Page Tiered Pricing Export © 2004 MyFloridaMarketPlace. All rights reserved.

27 Bidding & Evaluation Introduction Setup When Tiered Pricing is used Tiered Pricing Item Selection Bidding Vendor’s view Tiered Pricing can help Purchasing Analysts collect different response quantity or discount parameters for each item in solicitations. Benefits & Limitations Tiered Pricing Rules Analysis and evaluation Tiered Pricing Page Tiered Pricing Export When to Use Tiered Pricing Example 1 Tiered Pricing for a Phone Solicitation When Purchasing Analysts don’t know or don’t want to provide bidders the quantity or volume needed for purchase. When Purchasing Analysts need to obtain responses from many competing vendors and choose the best response/bid based on their expected purchase profile 0-10 11-20 21-50 50 & Above Phone12 $10.00 $9.00 $8.50 $8.00 Phone87 $30.00 $29.00 $28.00 $27.00 Example 2 Tiered Pricing for a Phones Minutes Solicitation 0-.9M 1-1.9M 2-2.9M 3M & Above Dedicated (Per Min) 5.0 Cents 6.0 4.0 Cents 3.5 Cents Switched (Per Min) 7 6 5 4 © 2004 MyFloridaMarketPlace. All rights reserved.

28 Currently Tiered Pricing is only available for RFP based template
Bidding & Evaluation Introduction Setup When Tiered Pricing is used Tiered Pricing Item Selection Bidding Vendor’s view Tiered Pricing can allow buyers to set different quantity requirements for each item, and it is currently available on the RFP based template. Benefits & Limitations Tiered Pricing Rules Analysis and evaluation Tiered Pricing Page Tiered Pricing Export Benefits Tiered pricing is an advanced pricing structure that gives vendors the opportunity to provide prices (or discounts) on items based on different quantities The quantities are defined as ranges – for example, from 1 to 99 units, from 100 to 199 units, and from 200 and above. These quantity ranges are the tiers in the tiered pricing structure. The online bidding screen (as well as the Excel bidding template) will present the vendors with a price input field for each quantity tier. Note that if several different tiered pricing structures are defined, each will be separated onto different pages in the item table in the bidding screen Comparing responses/bids side-by-side reduces analysis and evaluation time for the Purchasing Analysts Limitations Currently Tiered Pricing is only available for RFP based template Copying and pasting results into Excel for additional analysis can be a cumbersome process (1-2 hours) © 2004 MyFloridaMarketPlace. All rights reserved.

29 This section will review the main steps that Purchasing Analysts will follow to set up Tiered Pricing within the Sourcing tool. Tiered Pricing Process (Setup) Bidding & Evaluation Introduction Setup When Tiered Pricing is Used Tiered Pricing Item Selection Bidding Vendor’s View Benefits & Limitations Tiered Pricing Rules Analysis and Evaluation Tiered Pricing Summary Page Tiered Pricing Export © 2004 MyFloridaMarketPlace. All rights reserved.

30 Building Tiered Pricing
Bidding & Evaluation Introduction Setup When Tiered Pricing is used Tiered Pricing Item Selection Bidding Vendor’s view Building Tiered Pricing Benefits & Limitations Tiered Pricing Rules Analysis and evaluation Tiered Pricing Page Tiered Pricing Export Step 1: Tiered Pricing Setup 2 3 1 When Building template Go to Items tab Click on Advanced Pricing Click on New Pricing Structure © 2004 MyFloridaMarketPlace. All rights reserved.

31 Building Tiered Pricing
Bidding & Evaluation Introduction Setup When Tiered Pricing is used Tiered Pricing Item Selection Bidding Vendor’s view Building Tiered Pricing Benefits & Limitations Tiered Pricing Rules Analysis and evaluation Tiered Pricing Page Tiered Pricing Export Step 2: Tiered Pricing Item Selection 2 1 When Selecting Items Choose the items you want inside this Tiered Pricing structure Click Next Please remember to group items with the same Tiered Factors when loading items into the RFX Items tab. © 2004 MyFloridaMarketPlace. All rights reserved.

32 Building Tiered Pricing
Bidding & Evaluation Introduction Setup When Tiered Pricing is used Tiered Pricing Item Selection Bidding Vendor’s view Building Tiered Pricing Benefits & Limitations Tiered Pricing Rules Analysis and evaluation Tiered Pricing Page Tiered Pricing Export Step 3: Tiered Pricing Rules 2 1 When Selecting Items Select Tiered Pricing radio button Click Next © 2004 MyFloridaMarketPlace. All rights reserved.

33 Building Tiered Pricing
Bidding & Evaluation Introduction Setup When Tiered Pricing is used Tiered Pricing Item Selection Bidding Vendor’s view Building Tiered Pricing Benefits & Limitations Tiered Pricing Rules Analysis and evaluation Tiered Pricing Page Tiered Pricing Export Step 4: Tiered Pricing Page (Overview) 4 1 Adding Tiered Factors 2 3 At the Tiered Pricing page, define your Tiered Pricing structure Choose Quantity Based Volume Pricing as the Type for your Tiered Structure Specify the quantities used for each tier Click to add another value on the list if needed Once the tiers are fully defined, click the Done button. © 2004 MyFloridaMarketPlace. All rights reserved.

34 Building Tiered Pricing
Bidding & Evaluation Introduction Setup When Tiered Pricing is used Tiered Pricing Item Selection Bidding Vendor’s view Building Tiered Pricing Benefits & Limitations Tiered Pricing Rules Analysis and evaluation Tiered Pricing Page Tiered Pricing Export Step 4: Tiered Pricing Page (Type) Choose Quantity Based Volume Pricing as the Type for your tiered structure. This means you want the tiers to represent different quantity ranges (“quantity based volume”), and that vendors can bid a price for each tier (“pricing”) and keep the Scope as Per Order. 1 © 2004 MyFloridaMarketPlace. All rights reserved.

35 Building Tiered Pricing
Bidding & Evaluation Introduction Setup When Tiered Pricing is used Tiered Pricing Item Selection Bidding Vendor’s view Building Tiered Pricing Benefits & Limitations Tiered Pricing Rules Analysis and evaluation Tiered Pricing Page Tiered Pricing Export Step 4: Tiered Pricing Page (Quantity) Define the quantity range for each tier by entering the low end of each range in Minimum Qty. Note that you do not enter a maximum (high) end of the quantity range, only a low end. The high end is implied by the low end of the next tier, minus one. If you enter decimal numbers, they will be rounded to the nearest whole number. Note: You must specify the quantities used for each tier now, when setting up the event. If you do not know what tier quantities are appropriate, consider checking with your current vendor or possibly running an RFI event to get recommendations from prospective vendors. © 2004 MyFloridaMarketPlace. All rights reserved.

36 Building Tiered Pricing
Bidding & Evaluation Introduction Setup When Tiered Pricing is used Tiered Pricing Item Selection Bidding Vendor’s view Building Tiered Pricing Benefits & Limitations Tiered Pricing Rules Analysis and evaluation Tiered Pricing Page Tiered Pricing Export Step 4: Tiered Pricing Page (Probability) The Probability field is optional. It lets you specify the likelihood (as a percentage) that you will be purchasing from that tier. This probability will be used to calculate expected costs for tiered price items. If you use probabilities, they cannot add up to more than 100. © 2004 MyFloridaMarketPlace. All rights reserved.

37 Building Tiered Pricing
Bidding & Evaluation Introduction Setup When Tiered Pricing is used Tiered Pricing Item Selection Bidding Vendor’s view Building Tiered Pricing Benefits & Limitations Tiered Pricing Rules Analysis and evaluation Tiered Pricing Page Tiered Pricing Export Step 4: Tiered Pricing Page (Delete) Delete any blank tiers before leaving this page (select the tier and click the Delete button). © 2004 MyFloridaMarketPlace. All rights reserved.

38 Building Tiered Pricing
Bidding & Evaluation Introduction Setup When Tiered Pricing is used Tiered Pricing Item Selection Bidding Vendor’s view Building Tiered Pricing Benefits & Limitations Tiered Pricing Rules Analysis and evaluation Tiered Pricing Page Tiered Pricing Export Step 5: Tiered Pricing Page (Summary) The Items – Advanced Pricing page now shows the items along with the defined tiers. © 2004 MyFloridaMarketPlace. All rights reserved.

39 This section will review the main steps that Purchasing Analysts will follow when reviewing responses from vendors when Tiered Pricing functionality is employed. Tiered Pricing Process (Bidding & Evaluation) Bidding & Evaluation Introduction Setup When Tiered Pricing is Used Tiered Pricing Item Selection Bidding Vendor’s View Benefits & Limitations Tiered Pricing Rules Analysis and Evaluation Tiered Pricing Summary Page Tiered Pricing Export © 2004 MyFloridaMarketPlace. All rights reserved.

40 What Happens During the RFX Event
Bidding & Evaluation Introduction Setup When Tiered Pricing is used Tiered Pricing Item Selection Bidding Vendor’s view What Happens During the RFX Event Benefits & Limitations Tiered Pricing Rules Analysis and evaluation Tiered Pricing Page Tiered Pricing Export Bidding: Items Page The tiers will be shown to vendors in the Items tab of the bidder screens. © 2004 MyFloridaMarketPlace. All rights reserved.

41 What Happens During the RFX Event
Bidding & Evaluation Introduction Setup When Tiered Pricing is used Tiered Pricing Item Selection Bidding Vendor’s view What Happens During the RFX Event Benefits & Limitations Tiered Pricing Rules Analysis and evaluation Tiered Pricing Page Tiered Pricing Export Bidding: Bidding Page When bidding, the online bidding screen (as well as the Excel bidding template) will present the vendor with a price input field for each quantity tier. © 2004 MyFloridaMarketPlace. All rights reserved.

42 What Happens During the RFX Event
Bidding & Evaluation Introduction Setup When Tiered Pricing is used Tiered Pricing Item Selection Bidding Vendor’s view What Happens During the RFX Event Benefits & Limitations Tiered Pricing Rules Analysis and evaluation Tiered Pricing Page Tiered Pricing Export Bidding: Bidding Page (Cont.) Note that if several different tiered pricing structures are defined, each will be separated onto different pages in the item table in the bidding screen. Note that vendors are not required to enter prices for all tiers © 2004 MyFloridaMarketPlace. All rights reserved.

43 Bidding & Evaluation Introduction Setup When Tiered Pricing is used Tiered Pricing Item Selection Bidding Vendor’s view Tiered Pricing reduces analysis & evaluation time since all vendors’ item-level bids/responses are presented in a tabulated format with the best response identified. Benefits & Limitations Tiered Pricing Rules Analysis and evaluation Tiered Pricing Page Tiered Pricing Export Analysis and Evaluation Tiered Pricing presents a clean table format for simple analysis and evaluation Note that Vendor bids/responses are tabulated side by side © 2004 MyFloridaMarketPlace. All rights reserved.

44 Bidding & Evaluation Introduction Setup When Tiered Pricing is used Tiered Pricing Item Selection Bidding Vendor’s view For more detailed analysis, Purchasing Analysts may copy and paste the results into an analytical tool such as Excel. Benefits & Limitations Tiered Pricing Rules Analysis and evaluation Tiered Pricing Page Tiered Pricing Export Copying and Pasting Steps Select the bid tabulation data Copy and paste into Excel Note that the data may shift Purchasing analysts have to ensure that the information align correctly Currently, Event Services is working directly with Ariba to ensure exporting to Excel functionality is available in future releases of the software © 2004 MyFloridaMarketPlace. All rights reserved.

45 Introduction Matrix Pricing Tiered Pricing Resources Contents
© 2004 MyFloridaMarketPlace. All rights reserved.

46 MyFloridaMarketPlace Sourcing Tool Buyer Help Page
If you have any questions after completing this training, please contact your Agency Sourcing Liaison or the MyFloridaMarketPlace Customer Service Desk. Available Resources MyFloridaMarketPlace Sourcing Tool Buyer Help Page MyFloridaMarketPlace Customer Service Desk 1-866-FLA-EPRO ( ) Available Mon-Fri between 8:00 AM and 5:30 PM (except holidays) © 2004 MyFloridaMarketPlace. All rights reserved.


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