Single Line Items in Auctions

Creating: Single Line Item page

On the Creating: Single Line Item page enables you to enter and edit general, quantity, and pricing information for a line item, attach a picture of the line item, and enter comments for collaborators.

Field Help for the Creating: Single Line Item Page

General

Field	Description
Status	Indicates the line item status. This field is read-only.
Part Number	Enter the part number for the line item.
Description	Enter a short description for the line item. This is a required field.
Long Description	Enter a long description for the line item. This field supports rich text and preserves formatting in text copied from another source.
Line Item Type	Indicates that this is a single line item.
Product Category	Choose a product category for the line item.
External Category	Choose an external category for the line item.
Location	Choose a location for the line item.
Plant	Choose a plant for the line item.
Line Item Group	Indicates the group to which this line item belongs. This field is read only.

Quantity

Field	Description
Quantity	Enter a quantity for the line item and select a unit of measure from the drop-down list.
Allow Partial Quantity Bids	Select to allow partial quantity bids for this line item.
Bids Qtys Must Be in Multiples of:	Enter the multiple for which the quantity should be entered.

Pricing

Field	Description
Unit Start Price	Enter the line item unit price at which the bidding will start. This field appears if the Enable Start Price box is selected on the Line Items page. The start price entered here applies to all bidders on the given line item. Start prices can also be entered per bidder in a separate section.
Unit Price Increment	Enter the amount by which a line item unit price will increase after each time increment elapses. This field applies only to Dutch auctions and is required.
Unit Time Increment	Enter the length of time for which a line item unit bidding price will be valid. Enter a value in minutes, hours, or days. The minimum value is one minute. This field applies only to Dutch auctions and is required.
Unit Reference Price	Enter the price of this line item unit based on current contract or market pricing. Savings information is calculated based on the unit reference price.
Unit Reserve Price	Enter the unit price the bidding must reach for this line item to be awarded. This field appears if the Enable Reserve Price box is selected on the Line Items page.
Unit Current Price	Enter the price of this line item unit based on current contract or market pricing.
Unit Target Price	Enter the target price for the line item unit that you hope to attain through this auction.
Unit Ceiling Price	Enter the unit price at which bidding will close automatically for the line item. If a start price is entered, the ceiling price must be greater than or equal to the start price. This field applies only to Dutch auctions. It appears if the Enable Ceiling Price box is selected on the Line Items page.
Unit Bid Improvement	Minimum: Enter the minimum increment by which a bid must improve the previous bid to be valid. For all auctions except those with factored-cost bidding, you can express the bid improvement as a percentage or in terms of the default auction currency. For factored-cost bidding auctions, this value must be expressed as a price. The minimum bid improvement is used to calculate the next valid bid in an auction. Maximum: Enter the maximum increment by which a bid can improve the previous bid to be valid. This enables you to prevent accidental overbids by the supplier. For all auctions except those with factored-cost bidding, you can express the bid improvement as a percentage or in terms of the default auction currency. For factored-cost bidding auctions, this value must be expressed as a price. If a supplier submits a bid that exceeds the maximum bid improvement, an error message is displayed. This field is not valid for Dutch auctions.

Supplier Start Price

Field	Description
Table	Enter a unique start price for one or more bidders here. Enter either supplier specific start prices here, or a unit start price for all bidders in the Pricing area.

Image and Comments

Field	Description
Image	Choose an image for the line item.
Comment for Collaborators	Enter any comments to share with auction collaborators.

Delivery Address

This section displays the delivery address based on the chosen location and plant.

Document Links

This section lists any attached documents associated with this line item.

Note Note

You can only edit line items before the auction starts. After the auction opens for bidding, most line item information is not editable.

End of the note.