Technical Details
- Applicable Products
- SAP Ariba Sourcing
- User Type
- Buyer
- Supplier
- Enablement Model
- Customer configured
Business Details
This feature introduces dynamic bid adjustment values for English forward, English reverse, Dutch forward, Dutch reverse, and Japanese reverse auctions in guided sourcing.
Previously, guided sourcing auctions supported one static bid adjustment value. This meant that only one bid adjustment value could be used, regardless of price fluctuation during bidding.
Now, users can configure bid adjustment values that are tied to different price thresholds. When an item is being bid on and the bid price reaches the next configured price threshold, the bid adjustment value automatically adopts the next configured value. This allows for finer control of the bidding process as prices increase or decrease during bidding.
User Interface Changes
While creating an item in a guided sourcing auction, the Bidding rules section now provides the option to configure custom bid adjustment thresholds.
Implementation Details
Prerequisites
- Your site must have guided sourcing enabled and you must be a member of the Category Buyer group.
- The self-service parameter Application.AQS.RFX.CustomRangeBidDecrementInAuctions must be set to Yes.
Configuration
In guided sourcing auctions, you can configure custom bid adjustment thresholds in the Bidding rules section of the Add Item page.
Sample Reverse Auction Bid Adjustment Thresholds
| Bid adjustment threshold | Bid adjustment range | Bid adjustment value |
|---|---|---|
| Max | Max-1001 | 200 |
| 1000 | 1000-801 | 70 |
| 800 | 800-701 | 50 |
| 700 | 700-0 | 30 |
Sample Forward Auction Bid Adjustment Thresholds
| Bid adjustment threshold | Bid adjustment range | Bid adjustment value |
|---|---|---|
| 0 | 0-699 | 30 |
| 700 | 700-799 | 50 |
| 800 | 800-999 | 70 |
| 1000 | 1000-Max | 200 |
From the supplier perspective, the bid adjustment value is determined by bid adjustment thresholds that the buyer defined.