Oracle Sourcing is a procurement platform that allows buyers to reduce costs, optimize suppliers, and improve negotiations. It manages the entire procure-to-pay process, including creating requests for quotes, running negotiations, scoring bids, and generating purchase orders. Key features include setting up multi-attribute scoring of bids, different response styles for negotiations, and integrating with other Oracle modules. The platform aims to streamline sourcing and create immediate savings through more efficient online negotiations.

1. Oracle Sourcing
Presented By Asad Nawaz Khan
Ora-Tech Systems (Pvt.) Limited

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Contents
 Introduction
 About Oracle Sourcing
 P2P and Sourcing Cycle
 Business Flow
 Screen shots of Pages

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What is Oracle Sourcing?
“In Business, you don’t get what you deserve, you get what you negotiate”
Oracle Sourcing is a complete and integrated global platform which allows buyers
to;
 Create immediate and long term savings
 Optimize the supply base
 Reduce sourcing cost
 Improve supplier relationship
 Source the best value

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Procure-to-Pay Life Cycle

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Oracle Sourcing Life Cycle

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Business Flows
There are 3 business flows/3 different ways negotiations can be created in
Oracle Sourcing;
 Purchase Order
 Blanket Purchase Agreement
 Contract Purchase Agreements

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Negotiation Documents

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Negotiation Response Styles
 There are 3 different ways response to different negotiation documents be
handled
1. Open
 In an open negotiation, all members participating in the negotiation can see the
bids, though the bidder identity in concealed
 Open negotiation encourage competition among the bidders to submit the best
possible price
2. Blind
 In a blind negotiations, only the creator of the negotiation can see the bids.
3. Sealed
 In a sealed negotiation, the creator cannot see the bids until the negotiation is unlocked
 Participants in the negotiation cannot see the bids until the negotiation is unsealed

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Multi Attributed Weighted Scoring
 Attributes are characteristics of the product – example ROM/RAM of Phone
 These attributes can be at header (requirements) or line level
 Oracle Sourcing provides the ability to assign weights and scores to an
unlimited number of custom attributes
 Bids van be scored on any combination of price and buyer defined criteria
such as delivery dates, quality, vendor reliability and financial stability

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Sourcing – Team Scoring
Technical Team
Technical Capabilities (40% weight)
 John = 90
 Mary = 85
 Sue = 80
Commercial Team
Price (40% weight)
 Sue = 75
 Doug = 80
 Tina = 85
Quality Control Team
Past Performance (20% weight)
 Alan = 90
 Mark = 80
Quote ABC
Technical
Capabilities
Price
Past
Performance
TOTAL SCORE: 83
= 34
= 32
= 17
 Each team member scores the
assigned section
 Oracle Sourcing calculates
average
of individual score
sheets to determine section
score
 Sum of team scores
determines overall response
score (as
input to optimization)

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Integrations
Oracle Sourcing make use of the setups and reference data stored and
maintained in other modules, subject to they are implemented, such as
 Oracle Payables
 Oracle General Ledger
 Oracle Purchasing
 Oracle HRMS
 Oracle Inventory
 Oracle Work flow

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Example: One-Click PO Creation
 Create Purchasing Documents Directly from Award
Awarded
Quotes
Receive Goods or
Services
Create
Agreements / POs
Pay Supplier
Workflow Enablement
 Copy all pricing, contract and
deliverable information
 Eliminate manual entry and associated
errors

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Efficient Online Negotiations
 Slash Cycle Time by Eliminating Manual Processes
View new incoming
supplier messages
and incomplete
tasks
Drill into individual
sourcing events
View responses and
monitor bidding
activity in real-time

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Sourcing – Create RFQ Header

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Sourcing – Adding Requisitions / Items

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Sourcing – RFQ Lines

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Sourcing – Add attributes with required values

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Sourcing – Schedule and Controls

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Sourcing – Add Suppliers

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Sourcing - Team Collaboration

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Sourcing – Create Quote

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Sourcing – Enter Quote with attributes

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Sourcing – Live Monitor

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Sourcing – Quote Analysis

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Sourcing – Award Quote

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Sourcing – Award Summary

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Sourcing – History / Intelligence

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&
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