Dutch and Japanese auction capability in esourcing

[Former Member]

Hi ,

Is it possible to implement dutch and japanese auction functionality in SRM or e-sourcing.

Thanks

[masa_139]

Hi,

I have never heard about Japanese auction. Could you explain it ?

Regards,

Masa

[Former Member]

Hi Masa ,

Definition of japanese auction -

A Japanese Auction is a form of auction.

The main feature of the Japanese auction is that bidders must bid at each level to remain in the running for the featured item. For example, if the starting bid on an item is $25, all interested bidders must bid $25. If the next bid is $30, and a bidder does not bid $30, the bidder cannot re-enter the bidding, even if s/he is willing to bid higher than $30.

The auction continues until only one bidder remains.

[Former Member]

Hi

Ducth auction is possible in SRM7.0. Configure the transaction type AUC5 (ducth acution) for bus object BUS2208.

Regards

Kiran