Fusion simultaneously displays to more than one supplier participant that they are the lead bid
Summary:
Is/Are there anything else that can be done to mitigate the two scenarios below:
- Where Fusion simultaneously displays to more than one supplier participant that they are the lead bid?
- Where a competing supplier can “beat” another participant by less than the bid decrement?
· As you know, ‘penny bidding’ can be commensurate to the value of the overall eAuction. If a $250k piece of business, beating a competitor by at least $2k is likely palatable/appropriate.
· For a $1M piece of business/eAuction, however, we might need to prevent Supplier D from beating Supplier A by less than, say, $20k.
Tagged:
1