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Re: Forward Auction in SRM

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Hi,

 

Which auction tool is your client is planning to implement/use

 

SAP SRM Live Auction Cockpit (LAC)

ESourcing

Ariba

 

SAP SRM Live Auction Cockpit only supports reverse auction, there is no option of forward auction, however there is one auction called Dutch Auction which can be considered as forward auction, where you need to give a start price, with time and price increment. bidding gets started wtih the start price based on time duration and with sepcific price increment, if no bid provided in this time duration the price automatically goes up by the price increment.The bidder who will first submit the bid will be the winner, and the auction is closed at that point.

LAC can be integrated with other SRM compenents

 

Esourcing provides both forward and reverse auction, also the latest version provide integration with SRM.

 

Ariba provides for both forward and reverse auction also provides full sourcing option.

 

Regards,

Abhishek

 

 

Message was edited by: Laure Cetin Please do not ask for points on SCN.


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