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    Oracle Sourcing

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    Atique
    The document discusses the key benefits and features of Oracle Sourcing software. It outlines 6 main benefits of establishing and maintaining a corporate sourcing strategy, inviting and collaborating with suppliers, managing complex negotiations, providing negotiation strategies, optimizing the decision process, and awarding negotiations and generating purchase orders. It also describes general key features of Oracle Sourcing such as two stage evaluations, automatic supplier knockout, collaboration messaging, and position hierarchy approvals. Specific features of RFQs, bidding, analysis and awarding, and integration with other Oracle modules are also summarized.

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    Oracle Sourcing

    Uploaded by

    Atique
    85 views13 pages
    The document discusses the key benefits and features of Oracle Sourcing software. It outlines 6 main benefits of establishing and maintaining a corporate sourcing strategy, inviting and collaborating with suppliers, managing complex negotiations, providing negotiation strategies, optimizing the decision process, and awarding negotiations and generating purchase orders. It also describes general key features of Oracle Sourcing such as two stage evaluations, automatic supplier knockout, collaboration messaging, and position hierarchy approvals. Specific features of RFQs, bidding, analysis and awarding, and integration with other Oracle modules are also summarized.

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    Oracle sourcing presentation

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    The document discusses the key benefits and features of Oracle Sourcing software. It outlines 6 main benefits of establishing and maintaining a corporate sourcing strategy, inviting and collaborating with suppliers, managing complex negotiations, providing negotiation strategies, optimizing the decision process, and awarding negotiations and generating purchase orders. It also describes general key features of Oracle Sourcing such as two stage evaluations, automatic supplier knockout, collaboration messaging, and position hierarchy approvals. Specific features of RFQs, bidding, analysis and awarding, and integration with other Oracle modules are also summarized.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    85 views13 pages

    Oracle Sourcing

    Uploaded by

    Atique
    The document discusses the key benefits and features of Oracle Sourcing software. It outlines 6 main benefits of establishing and maintaining a corporate sourcing strategy, inviting and collaborating with suppliers, managing complex negotiations, providing negotiation strategies, optimizing the decision process, and awarding negotiations and generating purchase orders. It also describes general key features of Oracle Sourcing such as two stage evaluations, automatic supplier knockout, collaboration messaging, and position hierarchy approvals. Specific features of RFQs, bidding, analysis and awarding, and integration with other Oracle modules are also summarized.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
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    At a glance
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    The key takeaways are the benefits of Oracle Sourcing which include establishing and maintaining a corporate sourcing strategy, inviting and collaborating with suppliers, managing complex negotiations effectively, providing negotiation strategies, optimizing the decision process, and awarding negotiations and generating purchase orders.

    The main benefits of Oracle Sourcing include establishing and maintaining a corporate sourcing strategy, inviting and collaborating with suppliers, managing complex negotiations effectively, providing negotiation strategies, optimizing the decision process, and awarding negotiations and generating purchase orders.

    Some of the key features of RFQ in Oracle Sourcing include supporting multiple negotiation styles, internal procurement professional collaboration, multi-attribute weighted scoring, reusable invitation lists, online discussions, manual extend/auto extend options, offline spreadsheet support, and multi-round negotiations.

    Oracle Sourcing

    Key Benefits of Oracle Sourcing

    1. Establish and Maintain Corporate Sourcing Strategy


    2. Invite and Collaborate with Suppliers
    3. Manage Complex Negotiations Effectively
    4. Provide Negotiation Strategies
    5. Optimize the Decision Process
    6. Award Negotiations and Generate Purchase Orders
    Benefit 1: Establish and Maintain Corporate Sourcing Strategy
    Benefit 2: Invite and Collaborate with Suppliers
    Benefit 3: Manage Complex Negotiations Effectively
    Benefit 4: Provide Negotiation Strategies
    Benefit 5: Optimize the decision process
    Benefit 6: Award Negotiations and Generate Purchase Orders
    General Key Features of Oracle
    Sourcing
     Two Stage evaluation of RFP
     Support for Two Stage RFQ surrogate bids
     Automatic knockout of suppliers from shortlist
     Support for contracts with complex payment terms
     Collaboration team member messaging
     large auction support
     Multi-round price enforcement
     Position hierarchy approvals
     Supplier response PDF
    Key Features of RFQ

     Multiple Negotiation Styles (Open, Blind, Sealed)


     Procurement Professional Internal Collaboration
     Procurement Professional Security
     Multi-attribute Weighted Scoring
     Reusable Invitation Lists, Element Lists, Attribute List
     Ranking Indicators
     Online Discussions
     Manual Extend/AutoExtend, Manual Early Close/Early Award
     Offline Spreadsheet Support
     Negotiation Amendments
     Multi-Round Negotiations
    Key Features of Bidding

     Power Bidding
     Surrogate Bidding
     Multiple Active Offers
     Supplier Response by Supplier Site
     Supplier Participation Acknowledgement
     Supplier Registration
     Supplier Profile Management
    Oracle Sourcing Analysis and
    Award
     Color coded enhanced XML spreadsheet support
     Online Response Comparison
     Graphical Monitors
     Subjective Scoring of Responses
     Analysis Scenarios
     Multiple Award Methods (e.g., AutoAward, Award by Response,
    Award by Line, etc.)
     Award Approvals
     Award Determination and Sharing
    Oracle Sourcing Integration with
    other modules
     Generate Purchase Orders and Agreements
     Integrated Procurement Demand
     Re-negotiate Blanket Agreements
     Negotiate Encumbered Requisitions
     Requisition Visibility in Sourcing
     Requisition Allocation for Partial and Split Award
     Oracle Projects Integration

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