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Public Requests for Suppliers

Learn how to browse active demand on the platform and send material offers to potential buyers.

Updated over a month ago

Introduction

Browse and respond to public requests shared by trusted buyers in the Matium Network.

Browse Active Demand

Visit Network Demand in the left sidebar. Narrow your search by filtering on the type of plastic being requested (Material Type), the company making the request (Requested By), or the location of the need.

Responding to a Request

Click on an individual request to view all details including the needed weight, target price point, material specifications and desired shipping terms, including location if the terms are set to Delivered.

If you would like to send the buyer a material offer in response to the request, click the Respond to Request button in the top right corner.

If you are subscribed to Matium Core, you will be prompted to select a Core Have or create a new Core Have or Inventory Item to share with the buyer.

If you are not subscribed to Matium Core, you will be prompted to select a material or create a new material to share with the buyer.

All users will also be prompted to share the weight and asking price of the material along with shipping terms and destination location. The details of the material offer will be shared privately with the buyer.

RFQ Formats

Requests on Matium run either in an open setting with live bidding, or in a more closed format.

Live RFQ

When a request is running with Live Bidding, bidders will see the lowest qualified offer price in real-time, which gives you the opportunity to submit a more competitive bid.

After submitting your bid, the buyer will review and then mark your bid as either qualified, conditionally qualified or disqualified. If your bid is conditionally qualified, you can expect a message from the buyer requesting more information such as a TDS or a material sample to help them qualify the offer.

While buyers can accept an offer while the request is live, they will usually wait until the RFQ closes before either accepting or declining your offer.

Closed RFQ

When a request is running as a Closed RFQ, bidders will not have any visibility into other offers. The buyer will negotiate each offer individually by either countering, accepting or declining. You will have the opportunity to counter or cancel at any time as well.

Confirming an Offer

Note that transactions are not considered final until a material offer is accepted by the buyer and then confirmed by the supplier. Once confirmed, all contact information for both buyer and supplier will be shared with the other party.

When responding to a Public Request, you may be asked to fill out a credit application to facilitate payment between yourself and the buyer.

Learn more about private material offers.

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