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Component: SRM-LA
Component Name: Live Auction
Description: A live auction status indicating that an active auction has been interrupted by the purchaser. A paused auction must be resumed before further bidding can take place. In the paused status, the purchaser maycontinue with other functions such as chat or extend the end date and time before resuming the auction.
Key Concepts: Paused is a status in the SRM-LA Live Auction component of SAP. It indicates that the auction has been temporarily suspended and no bids can be placed until it is resumed. The paused status can be used to pause an auction for a certain period of time or until a specific event occurs. How to use it: The paused status can be set by the auction administrator in the SRM-LA Live Auction component of SAP. The administrator can set the paused status for a certain period of time or until a specific event occurs. Once the paused status is set, no bids can be placed until it is resumed. Tips & Tricks: When setting the paused status, make sure to set a clear end date or event so that bidders know when the auction will resume. This will help ensure that bidders are aware of when they can place bids again. Related Information: The paused status is part of the SRM-LA Live Auction component of SAP, which allows users to conduct online auctions in real-time. Other features of this component include bid tracking, bid history, and auction analytics.