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bidding and auction process in SRM 701

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Hi Experts

im new in Sourcing of SRM

we immplemention self service procurement in classic scenario

now we want using bidding and auction process

is it possible in our case?

i want this scenario:

we create RFX -->RFX approved with manager--> RFX sent to the bidder and the invited bidders submit their bids.and complete their response and send back to us --> we compare the document and  choose winner

is it possible?

if its possible how i can sent RFX to the bidder?

Regarding output settings, what are the main settings we need to complete to enable sending bids via email, and where do define / assign the output forms?What are the steps for setting up weighting and ranking to enable evaluation and comparison of bids?

 

Regards

Elham


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