Help Home/Getting Started with Oracle Sourcing

When creating a new RFQ or auction, you can optionally set a start price and target price for every line in the negotiation. The start price is the maximum price you are willing to pay for one unit of item. The target price is the price you hope to pay for one unit of an item. You can elect to display the target price to participants. If you specify a start price, all responding must begin at that price or lower. If suppliers respond with a price higher than the start, they receive an error message.