Process: Submit bids for Open Cry auction

 

Flow

Legend

 

Objective

To submit bids for an Open Cry auction.

 

Description

In Open Cry auctions, all bids are available for public viewing; each participant knows the other bids submitted.

Every auction is governed by a set of rules that the bidder must read before participating. If auction rules change during an auction, bidders must reread the rules before submitting or updating bids. Bids submitted prior to a rule change are not affected and may still win the bidding. Shoppers can submit bids and autobids.

Bids submitted by bidders must satisfy bid control rules. When a customer's bid is outbid, an auction notification message is produced to inform the customer that a higher bid has been placed. A customer can modify his or her bids for current auctions. This avoids the need to submit a new bid when the previous bid has been outbid by some other bidder. Bids can be withdrawn before the auction is closed.

Autobids (automatic bids) submit bids for Open Cry auctions on behalf of customers. Customers supply the following information for each autobid:

Autobids are server-side agents that periodically update bids to maintain a winning status until the maximum bid limit is reached.

Autobids can be modified and withdrawn similar to normal bids.

 

Features

 

Customization

 

Edition

Professional, Enterprise, Express

 

Tasks

Task Description Role
Check for bid override

Check if the bid is overridden. When a customer's bid is overridden, an auction notification message is produced to inform the customer that a higher bid has been placed.

System
Create autobid

Create the autobid with the specified information such as the initial bid price, the maximum bid limit, the desired quantity, their willingness to accept a partial quantity and billing, shipping information for the order. The bid activity is monitored for autobids and bids are periodically updated to maintain a winning status until the maximum bid limit is reached.

Registered Customer
Create bid

Create the bid with the specified information such as the bid price, the desired quantity, their willingness to accept a partial quantity and billing, shipping information for the order.

Registered Customer
Create bid for autobid

Create the bid from autobid. The bid activity is monitored for autobids and bids are periodically updated to maintain a winning status until the maximum bid limit is reached.

System
Modify bid information

Modify the information on the bid to maintain a winning status until the maximum bid limit is reached.

System
See all bids

View the bids submitted by all participants in an auction.

Registered Customer

 

Business artifacts

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