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1. SAP Ariba Sourcing Event
Types in 2025
RFI, RFP, RFQ, Auctions – Key Trends and Practices

2. Introduction to Sourcing Events
Definition: A sourcing event is a process where
organizations invite suppliers to submit proposals,
quotes, or responses to fulfill a specific need.
Objective: Understand the different types of sourcing
events used in 2025 for procurement and supplier
engagement.

3. Types of Sourcing Events

RFI (Request for Information)

RFP (Request for Proposal)

RFQ (Request for Quotation)

Auctions (Reverse Auctions)
Visual: Use icons or flow chart for easy comparison.

4. Request for Information (RFI)

Purpose: Collect general information about
suppliers' capabilities and offerings.

Key Features:
o
No immediate procurement decision.
o
Helps in pre-qualifying suppliers.
o
Widely used for complex or new projects.

Best Use Case: Early-stage information gathering.

5. Request for Proposal (RFP)

Purpose: Formal request for detailed proposals for a
project or service.

Key Features:
o
Detailed requirements and evaluation criteria.
o
Vendor selection based on technical and financial factors.
o
Often used for complex, long-term engagements.

Best Use Case: When specific solutions or capabilities are
required.

6. Request for Quotation (RFQ)

Purpose: Obtain competitive pricing for a specified
product or service.

Key Features:
o
Focuses on cost and volume.
o
Typically less complex than RFP.
o
Often used for commodity or standardized products.

Best Use Case: When prices are the primary factor.

7. Auctions (Reverse Auctions)

Purpose: Suppliers bid against each other to offer the
lowest price for a defined service or product.

Key Features:
o
Real-time bidding.
o
Driven by price competition.
o
Frequently used in procurement of high-volume, low-
complexity items.

Best Use Case: When price is the main competitive
differentiator.

8. Emerging Trends in Sourcing Events
(2025)

Digital Transformation:
o
Automated sourcing event platforms.
o
AI-driven decision-making support.
o
Blockchain for enhanced transparency.

Sustainability Focus:
o
Increasing emphasis on sustainable sourcing practices.
o
ESG criteria integrated into RFP and RFQ processes.

Dynamic Auctions:
•More complex, multi-criteria reverse auctions beyond just price.

9. Conclusion & Key Takeaways

Summary:
o
Sourcing events in 2025 are evolving with a focus
on technology and efficiency.
o
RFIs, RFPs, RFQs, and Auctions serve different
purposes in procurement strategies.
o
Successful sourcing requires choosing the right
event type for the complexity and needs of the
project.

10. For More Information About
SAP Ariba
Address:- Flat no: 205, 2nd Floor,
Nilgiri Block, Aditya Enclave, Ameerpet, Hyderabad-16
Ph. No: [phone]
Visit: www.visualpath.in
E-Mail: [email protected]

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