WEBVTT

1
00:00:00.400 --> 00:00:08.829
A procurement buyer tracks an RFQ in monday.com. But supplier quotes arrive by email and in spreadsheets, each in a different format.

2
00:00:08.829 --> 00:00:16.513
Ariavel Sourcing adds the supplier sourcing workflow to monday.com. The buyer opens a packaging RFQ.

3
00:00:16.513 --> 00:00:22.341
The RFQ has four lines, with quantities, target prices and a deadline.

4
00:00:22.341 --> 00:00:26.154
Six suppliers are selected for this request.

5
00:00:26.154 --> 00:00:34.519
Each supplier gets its own private link. Baltic Board has not been invited yet, so the buyer generates its link and shares it.

6
00:00:34.519 --> 00:00:40.307
The supplier opens the link in a browser. No monday.com account is needed.

7
00:00:40.307 --> 00:00:49.607
They quote line by line: unit price, lead time and minimum order quantity. Bubble wrap is outside their range, so they mark it as no bid.

8
00:00:49.633 --> 00:00:53.138
They add their terms and submit the quote.

9
00:00:53.138 --> 00:01:01.845
Back in Ariavel, the buyer builds the bid matrix. Five suppliers are compared line by line on landed cost, including freight.

10
00:01:01.845 --> 00:01:11.213
Partial bids stay visible but are not treated as complete. Scores weigh price, lead time and completeness, and the best price per line is highlighted.

11
00:01:11.213 --> 00:01:18.998
Next, the buyer creates an award scenario. The recommended scenario takes the lowest landed cost on each line.

12
00:01:18.998 --> 00:01:27.476
To spread supply risk, the boxes are split: three thousand to Baltic Board and two thousand to NorthStar, with a recorded reason.

13
00:01:27.476 --> 00:01:33.919
The buyer finalizes the award. It is locked for the record, with the savings against target.

14
00:01:33.919 --> 00:01:46.121
Inside monday.com, on Professional and Enterprise plans, each awarded supplier allocation can be written back as its own monday.com item, so split awards stay represented separately.

15
00:01:46.121 --> 00:01:52.801
Invitations, quote activity and award actions are recorded in the RFQ activity history.

16
00:01:52.801 --> 00:01:58.826
Ariavel Sourcing. From supplier quotes to a traceable award, on monday.com.
