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Former Member
Sep 30, 2014 at 10:50 AM

bidding and auction process in SRM 701


Hi Experts

im new in Sourcing of SRM

we immplemention self service procurement in classic scenario

now we want using bidding and auction process

is it possible in our case?

i want this scenario:

we create RFX -->RFX approved with manager--> RFX sent to the bidder and the invited bidders submit their bids.and complete their response and send back to us --> we compare the document and choose winner

is it possible?

if its possible how i can sent RFX to the bidder?

Regarding output settings, what are the main settings we need to complete to enable sending bids via email, and where do define / assign the output forms?What are the steps for setting up weighting and ranking to enable evaluation and comparison of bids?