The Top Savings by RFQ report summarizes the amount of savings on your request for quote events. The events are ranked by the event's identified savings (USD).
Suggestion: If you believe that the identified or awarded savings for a particular event is overstated due to an error with a particular supplier bid or an incorrect benchmark, please contact support@fairmarkit.com to request the event or bid be marked as an outlier. Include the ID of the event and the erroneous supplier bid, if applicable.
| Column | Description |
|---|---|
| Request ID | Displays the customer's identification number for the event. |
| Title | Displays the event Title. |
| Identified Savings |
Displays the sum of identified, potential savings for your opened events. Identified savings is calculated at the line item level as Baseline - Lowest Bid. This value doesn't include alternative items. If you drill into this value, you can review and download a summary of the event. This includes the RFQ ID, Request ID, Status, Created at Date, Title, Identified Savings, and Awarded Savings. |
| Awarded Savings |
Displays the sum of awarded savings for your request for quote events. This value is calculated at the event level as baseline spend - awarded bid. This calculation only includes values where you saved money. If you drill into this value, you can review and download a summary of the event. This includes the RFQ ID, Request ID, Status, Created at Date, Title, Identified Savings, and Awarded Savings. |
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