Additional Concepts
Key terms, settings and the ideas behind how sourcing works.
Why the competitiveness signal is descriptive, not numeric
When Teradix calls your price “competitive” it gives you a description, not a number — here's why, and what it protects.
Why your data stays private from other suppliers
Your prices, offers and identity are never shown to competing suppliers — how your data stays private, and why it keeps competition fair.
Why offers stay sealed until the deadline
In sealed-envelope requests every offer stays sealed until the deadline — here's why, and how it works in your favor.
Why suppliers don't see each other
Competing suppliers' identities are hidden from one another — how the platform protects your privacy and prevents collusion.
Glossary: RFQ · RFP · RFI · RFx
What's the difference between an RFQ, RFP and RFI? A short glossary of the sourcing-request terms you'll meet on Teradix.