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10 Good Reasons for Using Oracle EBS Advanced Procurement

10 Good Reasons for Using Oracle EBS Advanced Procurement. Dave Simpkins Irene Griffith. Introduction. Procurement Process. Contract Management Process. RFQ Template. Publish RFQ. RFQ Direct to Suppliers?. Identify Need. Define Evaluation Criteria. Supplier Views RFQ. Compile RFQ.

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10 Good Reasons for Using Oracle EBS Advanced Procurement

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  1. 10 Good Reasons for Using Oracle EBS Advanced Procurement Dave Simpkins Irene Griffith

  2. Introduction

  3. Procurement Process Contract Management Process RFQ Template Publish RFQ RFQ Direct to Suppliers? Identify Need Define Evaluation Criteria Supplier Views RFQ Compile RFQ Forward RFQ to Suppliers Supplier in System? Supplier Determined Supplier Approved On-Line RFQ Evaluated Suppliers Respond to RFQ Supplier Self Request Purchasing and Payable Process Supplier Contract Signed Supplier Catalogue Downloaded Item Details Updated Supplier Contract Created Contract Management Process

  4. Purchasing & Payable Process Procurement Process Raise Requisition Review and Update Requisition Approve Requisition Receive Supplier’s Invoice Receive Goods Match Receipt to PO Convert Requisition to PO Capture Supplier’s Invoice Match Invoice to Goods Received Pay Supplier End of Process Contract Management Process

  5. Contract Management Process Procurement Process Purchasing & Payable Process Establish Standards Author Contracts Approve and Sign Monitor & Track Renew / Extend / Expire? Procurement Process Review / Manage Expiry Amend End of Process

  6. 10 Good Reasons for Using Oracle EBS Advanced Procurement Business Reasons • It makes good business sense • It allows the end-to-end flow of information through the entire Procurement, Purchasing and Payables Process • It supports better negotiations and supplier selection • It enables supplier collaboration • It manages the establishment, operation and ending of supplier relationships through the use of effective contract management

  7. 10 Good Reasons for Using Oracle EBS Advanced Procurement Systems Reasons • Suppliers proactively manage their catalogues and account – within boundaries you define • Automate as much or as little of the Procure to Pay process as you want • Full control over the entire process is maintained – based on your business rules • Electronic tracking of approvals and exceptions • Single Source of Truth – full supplier history from start to finish

  8. Q & A ? Thank You

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