Spot Bid Threshold
Summary:
Has anyone implemented any type of workflow, or does any workflow exist that can "limit" what a carrier can bid during a spot tender; and this is not in reference to the current parameter set capability of 'BROADCAST TENDER MAX COST ADDITION PERCENT'.
Content (please ensure you mask any confidential information):
E.g. Spot tender is put out to bid…Carrier A bids $1000, Carrier B bids $999; Carrier B wins. What if we wanted to somehow control that a carrier cannot bid within lets say 5% of the lowest bid. So again taking the example above, Carrier A is the first to bid at $1000, therefore the current lowest bid is $1000. Carrier B now submits their bid, but must bid either below $950 or above $1050 (using the 5% threshold).
0