on 01-12-2009 11:57 AM
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
Hi Experts,
Could you please let me know ,if its possible to upload the RFQ template during e-auction? If so please let me know how ?
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thanks
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A commonly used term in bidding is RFx. This is a generic term
used to describe different types of requests. RFx includes, for example,
Request for Proposal (RFP), Request for Quotation (RFQ), Request for
Information (RFI), etc.
Reverse auctions include many of the same features as Bid Invitations, including (but not limited to) the following:
Copy with reference
Auction search
Open Catalog Interface
Internal / external attachments of any type
Customer fields
Error log
Change log
Template management
Business partners at line level
Workflow approval of bids
PO / Contract creation (via Bidding Engine)
XML export
Yes you can perform reverse auctions in live auction cock pit
Thanks
Ravi
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