Price Comparision in Bidding Engine

[Former Member]

Hi Experts,

While price comparision in bidding engine , our requirement is to take into picture all price elements (for ex. gross price,discount/surcharge, freight, p& F charges, custom duty , excise, cess,sales tax(indian tax structure,etc..)

There are also some price elements which will be entered by purchaser himself based on some questions/answers with bidders. For example, there is one condition from purchaser that if bidder fails to deliver goods on delivery date , bidder will be charged fine of .5% of base price. If bidder does not agree with this condition, purchser will add 1% of base price to the price offered by vendor at time of price comparision.

We are using classic scenario.

Please let me know how to map all these in system.

Thanks & Regards,

VHP

[Former Member]

Hi,

Price comparison for the bid is calculated based on the initial price and taxes.

It will not compare the condition for the delivery date for each bidder because you do not know whether the bidder will supply

the component as per delivery date before the bidding. So you have to take the maximum % and create a condition record and

then compare the same

Regards

Ganesh

[Former Member]

Hi ganesh,

We are also faing the simillar problem. We also want to compare all the conditions entered by the vendor..

How to proceed for the same..Can be give detail procedure for the same..

Full points will be awarded.

Regds

Kumar

[Former Member]

Hello Vipul

Under ,Creating Bid Invitations

Header Data:-->* Detailed price information*

If this indicator is set, bidders can enter conditions such as scale prices.

Arshad