This is part 1 of a 4 part guide to setting up an eAuction. This segment is on Pre-Bids. To view parts 2, 3, and 4 please follow the links at bottom.
A pre-bid is a bid placed by a supplier during the preview stage. Shared bid information is not visible to other suppliers until the bidding period opens.
* Always require them and communicate this clearly
Typical Pre-Bid Requirements
Value of Pre-Bids
4 Elements to an eAuction setup parts 2, 3, and 4
Part 2: Bidding and Timing Rules
Part 4: Supplier Visibility Formats