You can map column roles to specific columns on the Columns tab. Sourcing Optimizer uses this mapped information to provide bidders with better bid feedback, and to provide purchasers with improved event reporting. The following column roles are available:
Historical Price - This provides purchasers with a Historical Price column that displays savings information in the Scenario Results report.
Reserve - This provides bidders with a Reserve Met column. A blue indicator is displayed next to bids that are equal to, or below, the reserve; a gray indicator is displayed next to bids that are above the reserve price.
Bid Decrement - This mapping sets a required minimum bid reduction for the column. For example, if the current bid is $100, and the bid decrement is set at $5, the next bid must be $95 or lower, to be valid.
Feedback target - This mapping applies a traffic light-style feedback system to bidders about the bid target set for the column. For more information, see the Event Settings section.
Minimum Bid Value - This mapping sets a minimum bid value. Bidders receive an error message if they enter values that are below this limit.
Maximum Bid Value - This mapping sets a maximum bid value. Bidders receive an error message if they enter values that are above this limit.
To map a column role to a column, complete the following steps:
- Go to Design > Bid Sheet.
- Click the Columns tab.
- In top-right corner of the tab, click Roles.
- Select a role from the list.
- Select a column from the Map to Column list.
- Optional: By default, the mapped column is hidden from bidders. Clear the Hide mapped column from bidders checkbox to let bidders see the column.
- Click Create Mapping.