Overall Reduction Bid during Live negotiation

Modified on Sun, 11 Oct, 2020 at 10:21 PM

System would enable the Change Overall % column for Supplier to update the reduction % at overall quotation level. User will not be able to update prices at product level. It would be only at requirement level. After entering valid ‘Change Overall %’, user has to click on ‘Make a Bid’ option to submit the bid.

Min. reduction % below the Change Overall % indicates to user on minimum % reduction allowed per bid. User can enter the % number in the Change Overall % field equal or more than the value mentioned as minimum reduction amount.

Error:


Case 1: If user attempts to make the bid with lesser than the min. reduction allowed, then the system would throw an error. “Please enter the reduction % greater than the min. reduction %”

Case 2: If user attempts to make a single bid with more than 25% min. reduction, then the system would throw an error. “Maximum Reduction Error”. If user has to change the bid more than 25%, it is recommended to submit them through multiple bids instead of single bid.


Was this article helpful?

That’s Great!

Thank you for your feedback

Sorry! We couldn't be helpful

Thank you for your feedback

Let us know how can we improve this article!

Select at least one of the reasons
CAPTCHA verification is required.

Feedback sent

We appreciate your effort and will try to fix the article