What is 'auction monitor' in SAP LOD-ESO - Sourcing OnDemand?

auction monitor - Overview

• Component: LOD-ESO

• Component Name: Sourcing OnDemand

• Description: A graphical view that enables purchasers and bidders to observe auction events in real time.

auction monitor - Details

• 
  Key Concepts: 
  Auction Monitor is a feature of SAP LOD-ESO Sourcing OnDemand that allows users to monitor and manage their online auctions. It provides real-time updates on the status of the auction, including the current bid, the number of bids, and the time remaining in the auction. It also allows users to set up alerts for when certain conditions are met, such as when a bid is placed or when the auction is about to end. 
  
  How to use it: 
  To use Auction Monitor, users must first log into their SAP LOD-ESO Sourcing OnDemand account. Once logged in, they can access the Auction Monitor page from the main menu. From there, they can view all of their active auctions and set up alerts for when certain conditions are met. They can also view detailed information about each auction, such as the current bid, the number of bids, and the time remaining in the auction. 
  
  Tips & Tricks: 
  When setting up alerts for an auction, it is important to make sure that they are set up correctly so that users will be notified when certain conditions are met. It is also important to keep an eye on the time remaining in an auction so that users can make sure they are able to place a bid before it ends. 
  
  Related Information: 
  For more information about Auction