10 Good Reasons for Using Oracle EBS Advanced Procurement

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10 Good Reasons for Using Oracle
EBS Advanced Procurement
Dave Simpkins
Irene Griffith
Introduction
Turnover
$1,000,000
$1,000,000
$1,500,000
Purchasing
$ 500,000
$450,000
$750,000
Other Expenses
$400,000
$400,000
$600,000
Profit
$ 100,000
$ 150,000
$ 150,000
Procurement Process
RFQ
Template
Identify
Need
Contract
Management
Process
Compile
RFQ
Define
Evaluation
Criteria
Publish
RFQ
RFQ
Direct to
Suppliers
?
Supplier
Views
RFQ
Forward
RFQ to
Suppliers
Supplier
in
System?
Supplier
Approved
On-Line
Supplier
Determined
RFQ
Evaluated
Suppliers
Respond
to RFQ
Supplier
Self
Request
Supplier
Contract
Created
Supplier
Contract
Signed
Supplier
Catalogue
Downloaded
Item
Details
Updated
Purchasing
and Payable
Process
Contract
Management
Process
Purchasing & Payable Process
Procurement
Process
Raise
Requisition
Review and
Update
Requisition
Approve
Requisition
Receive
Supplier’s
Invoice
Match Receipt
to PO
Receive
Goods
Convert
Requisition to
PO
Capture
Supplier’s
Invoice
Match Invoice
to Goods
Received
Pay Supplier
End of
Process
Contract
Management
Process
Contract Management Process
Procurement
Process
Purchasing
& Payable
Process
Establish
Standards
Author
Contracts
Approve and
Sign
Monitor &
Track
Procurement
Process
Renew /
Extend /
Expire?
Review /
Manage Expiry
Amend
End of
Process
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
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
Q&A?
Thank You
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