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Former Member

What is the difference between RFX and Reverse Auctions?

Hi friends

What is the difference between RFX and Reverse Auctions? Is Reverse Auction a tool.

Can we perform Reverse Auctions in Live Auction cockpit.

Regards

Surya

Edited by: surya K on Jan 11, 2009 8:16 PM

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    Former Member
    Jan 12, 2009 at 07:44 PM

    Hi Surya

    As mentioned in my earlier reply to you, RFx are offline bidding events and Auctions are online events

    Reverse auctions the lowest bidder wins the bid as the time progresses

    Yes, reverse auctions can be performed in LAC in SAP SRM

    In the SAP E-Sourcing application, there is no separate component, the auction component is run from with in the Sourcing module of the SAP E-Sourcing application itself

    Hope this clarifies

    Cheers

    Tridip

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    Former Member
    Jan 14, 2009 at 03:52 AM

    thanks

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