A bonus or malus refers to adjustments you can apply to each lot to favor or penalize specific bidders.
- Bonus: Bidders will be favored. Their bid price will be artificially lowered for optimization purposes.
- Malus: Bidders will be penalized. Their bid price will be artificially raised for optimization purposes.
You can configure bonuses and maluses online using Sourcing Optimizer, or offline using a downloaded template.
Configure a bonus/malus
To configure a bonus/malus:
- Navigate to the Invite menu, and select Bidders
- Select the Bonus/malus tab
- Click + Add bonus/malus
- Select the relevant Lot from the dropdown menu
- Set the bonus/malus value:
- Percentage value: The Bidder is favored or penalized by a percentage value
- Fixed value: The Bidder is favoured or penalized by a fixed value
- Both: The Bidder is favored or penalized by a percentage first and then a fixed value
- In the Percentage value text box, add a positive percentage value to apply a bonus, or a negative percentage value to apply a malus
- Optional: Add a comment
- Click Save, or Save and add another
You can edit or delete a Lot bonus/malus by selecting the edit icon, or the trash can to delete
If the file you are downloading exceeds Excel row limitations — approximately 1,000,000 rows — it is automatically converted to a comma-separated values (CSV) file. If you open a CSV file that exceeds Excel limitations in Excel, the data beyond the limits will not display. Use a different program to open the file. In addition to Excel files, you can also upload CSV files.