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The Limit winners rule

  • Updated

The Limit winners rule is particularly useful for risk management and mitigation. You can use it to minimize risk from individual suppliers by ensuring that you have a certain amount of suppliers.

The Limit winners rule is also useful for streamlining processes and improving efficiency. You can use it to minimize the number of suppliers to reduce the overheads associated with dealing with multiple suppliers, or to ensure compliance with your company’s environmental initiatives.

The Limit winners rule page features two tabs: Rule conditions, and Rule details.

Configure the conditions and logic of the rule on the Rule conditions tab, and create a custom description or relaxation threshold for the rule on the Rule details tab.

Rule conditions

Limit winners — Rule conditions
Figure 1. Limit winners — Rule conditions

Limit the number of winners

  1. for: Select which bidders to apply the rule to.
    • All bidders: Apply the rule to all bidders in the event.
    • Specific bidders: Select specific bidders to apply the rule to from the dropdown list.
    • Bidders in group: Select specific bidder groups to apply the rule to from the dropdown list.
    • Bidders not in group: Select specific bidder groups to not apply the rule to from the dropdown list.
  2. on: Select which lots to apply the rule to.
    • All lots: Apply the rule to all lots in the event
    • Specific lots: Select specific lots to apply the rule to from the dropdown list.
    • Lots in group: Select specific lot groups to apply the rule to from the dropdown list.
    • Lots not in group: Select specific lot groups to not apply the rule to from the dropdown list.
    • Grouped by: Apply the rule to lots grouped by the selected bid sheet columns.
  3. to: Select a value limit type for the award. You can limit the winners by a fixed value or a proportional value.
    • At least: Select to set a minimum number of winners.
    • At most: Select to set a maximum number of winners.
    • Exactly: Select to set an exact number of winners.

Rule details

Limit winners - Rule details
Figure 2. Limit winners - Rule details
  1. Custom description: Enter a custom description of your rule that will appear in addition to the auto-generated description created by Sourcing Optimizer. This custom description is a useful way of adding context for the purpose of your rule.
  2. Relaxation Penalty: Enter a numeric cost value as the threshold after which the rule is ignored. A relaxation threshold sets an upper limit on the cost impact of a rule. If the cost impact of the rule is higher than the relaxation threshold you entered, the rule is ignored in the scenario evaluation.