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Component: SRM-LA
Component Name: Live Auction
Description: A feature that allows the purchaser to define an auction with line items and/or lots that all open to bidding at the same time but that close to bidding one at a time based on the time parameters set by the purchaser.
Key Concepts: Cascading line items are a feature of SAP SRM-LA Live Auction that allows buyers to create a series of line items that are linked together. This allows buyers to create a single purchase order for multiple items, with each item having its own price and quantity. The total price of the purchase order is calculated based on the prices and quantities of all the linked line items. How to use it: To use cascading line items, buyers must first create a purchase order in SAP SRM-LA Live Auction. Once the purchase order is created, buyers can add line items to it. When adding line items, buyers can select the “Cascading Line Items” option, which will allow them to link multiple line items together. Buyers can then enter the price and quantity for each line item, and the total price of the purchase order will be calculated based on the prices and quantities of all the linked line items. Tips & Tricks: When using cascading line items, it is important to remember that the total price of the purchase order will be calculated based on the prices and quantities of all the linked line items. Therefore, it is important to ensure that all prices and quantities are accurate before submitting the purchase order. Related Information: For more information about cascading line items in SAP SRM-LA Live Auction, please refer to SAP’s official documentation at https://help.sap.com/viewer/product/SRM_LA_LIVE_AUCTION/7.0/en-US/f9f8d3a2b6c14e8f9a7d3c2b5f9f8d3a2b6c14e8f9a7d3c2b5f9f8d3a2b6c14e8f9a7d3c2b5f9f8d3a2b6c14e8f9a7d3c2b5f9f8d3a2b6c14e8f9a7d3c2b5f9f8d3a2b6c14e8f9a7d3c2b5f9f8d3a2b6c14e8f9a7d3c2b5f9f8d3a2b6c14e8f9a7d3c2b5.html