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_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. |
Assign Business Units and Departments to Group Page |
BID_FCTR_GRP_BU |
Assigns bid factor groups to business units or departments to facilitate searching. |
Assign Defaults and Rules to Group Page |
BID_FCTR_GRP_RULE |
Creates default rules for bid factor groups. |
Use the Bid Factor Group page (BID_FACTOR_GRP) to assigns multiple bid factors to a group.
Navigation:
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.