The SAP Ariba Training in Hyderabad - Online and Ameerpet Classes
                     SAP Ariba Sourcing Event 
Types in 2025
RFI, RFP, RFQ, Auctions – Key Trends and Practices
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.
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.
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.
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.
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.
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.
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.
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.
For More Information About 
SAP Ariba
Address:- Flat no: 205, 2nd Floor,
   Nilgiri Block, Aditya Enclave,  Ameerpet, Hyderabad-16
   Ph. No: +91-998997107
     Visit: www.visualpath.in
      E-Mail: [email protected]
Thank You
Visit: www.visualpath.in