Reverse Auction Functionality In Oracle Sourcing
Reference: SR 3-12424729391 : Reverse Auction In Oracle Sourcing
Currently in Oracle R12.2.2, reverse auction is achieved by selecting the Multi-Attribute Scoring and then setup the bid price as 1 of the attribute and higher bid price with higher rating,
There is limitation of doing this as users need to control the price range with minimum gap due to the bid prices with same rating range will still being rated based on lower bid price.
This will cause difficulty in both supplier and buyer side as they cant purely based on rating to confirm which supplier now have higher bid price.
This enhancement request is to request to have a setting in auction document level. This setting will allow users to setup the auction whether is forward or reverse.