Creating Bid Factor Groups

To set up bid factor groups, use the Bid Factor Group Setup (BID_FCTR_GRP_COMP) component.

This topic discusses how to use bid factor groups.

Page Name

Definition Name

Usage

Bid Factor Group Page

BID_FACTOR_GRP

Assigns multiple bid factors to a group.

Search Bid Factor Groups Page

BID_FCTR_GRP_SRCH

Search for bid factor groups by group code, business unit, or department.

Bid Factor Group Page

Assign Business Units and Departments to Group Page

BID_FCTR_GRP_BU

Assigns bid factor groups to business units or departments to facilitate searching.

Bid Factor Group Page

Assign Defaults and Rules to Group Page

BID_FCTR_GRP_RULE

Creates default rules for bid factor groups.

Bid Factor Group Page

Use the Bid Factor Group page (BID_FACTOR_GRP) to assigns multiple bid factors to a group.

Navigation:

Sourcing > Create Events > Bid Factor Group Setup

Field or Control

Description

Weighting

Enter a default weighting for the group or for the bid factors that are associated with the group. The total of the bid factor weightings that are associated with the group must equal the weighting of the bid factor group. The system then calculates the total of the bid factors

You can add rows to include multiple bid factor codes for the bid factor group. If you select a bid factor group during event creation, all associated bid factors are added to the event.

The system looks to bid factor groups before individual bid factors when applying defaults. For example, you have a bid factor group of COMPUTERS that includes two bid factors: manufacturer, which is weighted 10 percent, and warranty, which is weighted 30 percent. The COMPUTERS bid factor group is assigned to item AP-001, which has a category of HARDWARE. You also have WARRANTY created as a bid factor, assigned to the HARDWARE category, and weighted 20 percent. If you add item AP-001, the system provides WARRANTY as a default based on the group rule, and therefore provides it a weighting of 30 percent, which overrides the individual bid factor rule that had the weighting of 20 percent.