Revising an Auction Bid
Context
You can only revise auction bids if the auction status is Open.
Procedure
1. If you are not already viewing the event, open the Events table for a buyer, as
described inViewing Your Sourcing Events. Click the event name in the Events table.
2. If the lot for which you want to change your bid is not shown, go to the contents pane
on the left. Click on the appropriate lot below the Choose Lot area.
3. To change your bid, you can either type in a new price over your previous bid value in
the Price field, or use the Decrement bid by function.
Decrement bid by decreases your bid by a percentage or monetary amount. By default, it is
set to a percentage. However, you can toggle it to a monetary amount by clicking the percent sign.
4. Enter the percentage or monetary amount by which you want to decrease your bid
and clickApply.
Ariba calculates your new bid and displays it in the Price field.
An easy way to become the new market leader is to click Take Lead. The Take Lead functionality
loads the minimum amount required to become the new market leader into the Price field. This
amount is based on any bid buffers enabled for the lot.
NoteTake Lead is not available in auctions where you are not allowed to see the lead bid, such as a
rank-only event.
Click Reload Last Bid to clear any changes in the bid entry fields and display the last valid bid values
you submitted.
5. When you have completed revising your response, click Submit Current Lot.
Ariba displays a confirmation message.
6. Click OK to submit your response.
After you submit your response, Ariba display a confirmation message at the top of the page.
An easy way to become the new market leader is to click Take Lead. The Take Lead functionality
loads the minimum amount required to become the new market leader into the Price field. This
amount is based on any bid buffers enabled for the lot.