Creating an E-Auction - Line Items - Adding a Reserve Price

Creating an E-Auction - Line Items - Adding a Reserve Price

During the setup of E-Auction, you can adjust your E-Auction event as reserve-priced on the Line Items page.

Reserve price is an auction model where suppliers can display competitive information you have shared, such as Leadership, Ranking, etc., once they reach a certain target price.

Reserve Price:This tab is where adjustments for creating reserve-priced auction events are made. Clicking on the Reserve Price button provides access to details.

For line items where reserve price will be applied, reserve price entry should be made line item basis, and a currency must be selected. In rows where the checkbox in the Participant Accesscolumn is ticked, suppliers can display the reserve price amount on their screens. All necessary information should be entered, and then the Savebutton should be clicked.

You can click on the "i" icon to be view detailed information for the relevant areas.

To switch between completed steps, click on the title of the relevant step on the "Steps Line".

Please refer the link below for further information on General Information page.

Create an E-Auction - General Information (Step 1)
Create an E-Auction - General Information (Step 1)An e-Auction event is created within five simple steps. Completing the General Information part is the first step of the entire process. When you click the Create e-Auction menu which is located below e-Auction in e-Sourcing title, you will be welcom…

Please refer the link below for further information on Event Settings page.

Create an E-Auction - Event Settings (Step 2)
Create an E-Auction - Event Settings (Step 2)An e-Auction event is created within five simple steps. Completing the Event Settings part is the second step of the entire process. In order to proceed to the Event Settings step, the mandatory fields in General Information page must be filled and

Please refer the link below for further information on Line Items page.

Create an E-Auction - Line Items (Step 3)
Create an E-Auction - Line Items (Step 3)An e-Auction event is created within five simple steps. Completing the Line Items part is the third step of the entire process. In order to proceed to the Line Items step, the mandatory fields in Event Settings page must be filled and

Please refer the link below for further information on Participant List page.

Create an E-Auction - Participant List (Step 4)
Create an E-Auction - Participant List (Step 4)An e-Auction event is created within five simple steps. Completing the Participant List part is the fourth step of the entire process. In order to proceed to the Participant List step, the mandatory fields in Line Items page must be filled and

Please refer the link below for further information on Documents page.

Create an E-Auction – Documents (Step 5)
Create an E-Auction – Documents (Step 5)An e-Auction event is created within five simple steps. Completing the Documents part is the fifth step of the entire process. In order to proceed to the Documents step, the mandatory fields in Participant List page must be filled and the Next button must