Setting Up
Purchasing
The following setup steps are basic setups. One person or a
large team of people working concurrently may perform setups...read moreApproval Hierarchy
For Approval of Purchase Documents we can set hierarchies. There are 2 types of Hierarchies which are mainly used...read more
Overview of Oracle Purchasing
Oracle Purchasing is a comprehensive procurement solution designed to Help purchasing professionals reduce administration costs...read more
Purchasing Document Security and Access Level
Document Security Levels can be set for each document type. Security Levels options include... read more.
Overview of Suppliers
Supplier information is a vital component of Oracle Purchasing. We must define a supplier before performing the most activities with in Oracle Purchasing...read more
Oracle Procurement Process:
RFQ's and Quotations
The procurement process generates and manages requests for purchase of goods and services...read more
Oracle Purchase Orders
In Oracle Purchasing there are several different types of purchase orders designed to satisfy different business requirements...read more
Standard Purchase Orders
We create standard purchase orders for one-time purchases of various items when we know the details of the goods or services...read more
Contract Purchase Agreement
You create contract purchase agreements with your suppliers to agree on specific terms and conditions without goods and services...read more
Planned Purchase Agreement
You create a planned purchase order when you want to establish a long term agreement with a single source supplier...read more
Blanket Purchase Agreement
Blanket purchase agreements and releases allow you to negotiate stable, long-term contracts...read more
Approved Supplier List
Data stored in a controlled global repository containing relevant details about each ship-from, ship-to, and item relationships is known as an ASL...read more
Sourcing Rules
Sourcing rule is used for ASL to determine how much percentage of order can be shared among the suppliers on priority basis...read more
Automatic Document Creation (ADC)
ADC is used to create documents like Approved Quotation, BPA and CPA and will reduce the time and inputs to create specified documents...read more
Oracle Receiving
Receiving is a process that signals that the goods ordered on a purchase order have arrived...read more
Oracle Returns and Corrections
Oracle Purchasing provides the capability to correct any receiving transaction, except another correction and a return to a receiving transaction...read more
Receiving: Receipt Processing Methods...read more
Oracle Consigned Inventory
In the Oracle Consigned Inventory, suppliers are going to keep the stock in company's premises...read more
Vendor Managed Inventory (VMI)
In VMI, Vendors/suppliers are going to have access to company’s portal (i-Supplier), through this suppliers are able to see the on-hand position of the stocks/items as part of the agreement...read more
thanks a lot for this document, it is extremely helpful! Can you also post such kind of document for Payables?
ReplyDeleteDefinitely, whenever I get time.
ReplyDeleteDear Chenchi Reddy, Thanks a lot for your simple and good document. Could you be kind enough to e-mail me (kvs240653@gmail.com) the full document on Oracle PURCHASING.Thanks for your help. It is only for my personal use for understanding as it is simple. I am employed and 67 years old.
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