Bid Movement by Bidders Report

This report shows the total bid movement by supplier during an auction event to show how aggressively a supplier negotiated. Detail by supplier shows which line items generated the greatest and least activity. Potential savings against current price are also calculated.

Note Note

You must enter a current price for line items during auction setup to calculate savings.

End of the note.

This report is generated for the selected auction and can be run during any phase of the auction.

Auction Summary

This section displays information about the auction event setup parameters.

Field	Description
Preview Start	Date on which this auction is visible to suppliers.
Pre-bid Start	Date and time when suppliers can enter pre-bids before the auction bidding begins.
Bidding Start	Date and time when the auction bidding phase opens.
Bidding End	Date and time when the auction bidding phase closes based on the earliest line item close time. If Automatic Early Close is enabled, the auction may close later than the displayed time.
Automatic Early Close	Identifies whether the auction can close after the line item minimum bid duration if no bids are entered during the inactivity interval.
Inactivity Period (minutes)	Identifies whether the auction can close after the line item minimum bid duration if no bids are entered during the inactivity interval.
Extension (minutes)	If any bids are received during the inactivity period, the bidding will continue for the defined extension.
Staggered Line Items	Identifies whether this auction allows line items to start and/or end at different times.

Bid Detail

This section provides bid movement information for each bidder.

Field	Description
Bidder	Supplier company name of bidder
Line Item	Line item sequence number
No. of Bids	Number of bids submitted by bidder for this line item.
Rank	Relative supplier rank for a line item.
Bid Quantity	Quantity bid by supplier. This is the same as the requested quantity, except in partial quantity auctions.
Current Price	Price of this line item based on current contract or market pricing.
Starting Bid	Bidder's initial bid for this line item.
Best Bid	Bidder's last bid for this line item.
Bid Movement	The difference or movement from starting bid to best bid. [Starting bid - Best Bid]
Percentage of Bid Movement	Percentage movement from starting bid (Bid Movement/Starting Price) * 100
Savings Amount	Amount of savings over the current price. [(Current Price - Best Bid) * Requested Quantity]
Savings Percentage	Percentage savings over the current price. [(Current Price - Best Bid)/Current Price] * 100
Supplier Total	Current Price Total: Sum of current price total for all line items on which the bidder placed a bid. Best Bid Total: Sum of best bid amount for each line item: The sum of (Best Bid price * Requested Quantity for each line item) Percentage Bid Movement: Factored-cost Average of Bid Movement Percent The sum of (Bid Movement * Bid Qty per line) / (The sum of Starting Price * Bid Qty per line) Savings Amount: Total savings for all line items in auction: (Current Price Total - Best Bid Total) Savings Percentage: Percentage savings over the current price for all line items. (Best Bid Total / Current Price Total) * 100

Auction Totals

This section provides a summary of the savings for all line items in the auction based on the best bid per line item.

Field	Description
Current Price Total	Sum of current price amount for each line item: The sum of (Current Price * Requested Quantity for each line item)
Best Bid Total	Sum of best bid amount for each line item: The sum of (Best Bid price * Requested Quantity for each line item)
Savings Amount	Total savings for all line items in auction: (Current Price Total - Best Bid Total)
Savings Percentage	Percentage savings over the current price for all line items. (Best Bid Total / Current Price Total) * 100