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All About Network Demand

Understanding Network Demand for buyers and suppliers.

Updated over 2 months ago

Network Demand is your place to find all material needs requested by trusted buyers in the Matium Network.

Requests allow buyers to share both one-time and ongoing material needs with the entire Matium Network. Suppliers can respond to any request with a material offer that is shared privately with the buyer. Buyers can then evaluate how well the offer matches their need, and can either qualify, conditionally qualify or disqualify the offer.

Requests can be held in either a closed format where each offer is evaluated and negotiated individually, or in a more open setting with "Live Bidding" where all bidders see the lowest qualified offer price in real-time.

A material offer from a supplier will either be accepted, declined or countered by the buyer. Offers are not considered final until accepted by the buyer and then confirmed by the supplier.

Note that buyers and suppliers may be asked to complete a credit application. This is to facilitate payments and insure transactions on the platform.

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