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When do auctions have a high likelihood of success?
The business is commercially attractive
Raw material prices for suppliers are rising;
The supply base is competitive
There is wide variation in product standards
What prepackaged report shows the total awarded spend for a specific organization across all event types?
RFI Report
Supplier Participation Report
Event Spend Summary
Event Participation Summary
When would you choose to allow suppliers to see only rank in an auction?
There are many suppliers invited to the auction
The market for the product on auction is higly competitive
Price data is highly sensitive
You expect a wide variation in bids
TESTED 13 Sep 2024