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

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Presentation on theme: "10 Good Reasons for Using Oracle EBS Advanced Procurement Dave Simpkins Irene Griffith."— Presentation transcript:

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

2 Introduction Turnover$1,000,000 $1,500,000 Purchasing$ 500,000$450,000$750,000 Other Expenses$400,000 $600,000 Profit$ 100,000$ 150,000

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

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

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