on 02-02-2011 8:24 AM
Hi,
What is the purpose of "Participate", "tentative", & "Do not Participate" buttons.
How does these buttons affect the functionality. Can somebody throw some light.
Warm Regards,
Ashwin.
Participate, Donot Participate & Tentative these three button helps the BUYER to learn from the BIDDERS are going to three degree of responeses
Bidders can indicate their participation prior to submitting an RFx response
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Hello Ashwin,
That is correct. Buyer will be able to see the supplier willingness even before the bid is submitted by supplier. This is shown in additional column in response and awards screen with green, yellow & red symbols.
Benefit:
Because the preparation of bids can be time consuming, bidders often submit their bids close
to the submission deadline. But purchasers then do not know how many bids theyu2019ll receive
and from whom.
With the new functionality, purchasers can obtain this information early, so they can anticipate
and plan accordingly. For example, purchasers could invite additional bidders if they receive
too many refusals.
Hope this helps.
Thanks
Ashutosh
Thank you. Thats a nice point.
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