E-Auction – Adding a Starting Price

You can determine the price level at which your participants will start bidding in your e-Auction events with the Starting Price feature. In order to add a starting price to any participant, click the Starting Price tab in the Participant List step.

If a Quick RFQ event is converted into an e-Auction event, the last bids of each participant will automatically entered in Starting Price tab. In order to add a starting price, choose a supplier from the Select Participants dropdown list located at the upper left-corner of the tab and add the price and currency through the Unit Price Column.

Note: Currencies in the starting price can be selected from the e-Auction currencies added in Multiple Currency part in Event Settings step.

You can view detailed information for the relevant field by clicking the “i” icon.

Please refer the link below for further information on Weighting Adjustments.

E-Auction – Weighting Adjustments

E-Auction – Weighting AdjustmentsWeighting is used to give certain participants advantages or disadvantages depending on your consideration. Choose the participant who needs to have an advantage or a disadvantage by Select Participants dropdown list. You can view detailed information for the relevan…

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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…

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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

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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

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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

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