Oracle Fusion and EBS Knowledge Sharing

Summary: Oracle Fusion Redwood Sourcing – Negotiation to Pay Process This blog provides a complete step-by-step walkthrough of the  Oracle Fusion Redwood Sourcing Negotiation  process, demonstrating how an RFQ is created, published, evaluated, awarded, and converted into a Purchase Order. The flow begins with a business requirement submitted through a Purchase Requisition, followed by the initiation of a sourcing negotiation by the Procurement team. Readers learn how to: Create and customize  Negotiation Templates Configure  Cover Page, Requirements, Terms, Lines, and Suppliers Publish negotiations and manage  approvals Capture supplier responses through the  Supplier Portal  and  Surrogate Response Evaluate bids using  ranking, scoring, and automatic award recommendations Award a negotiation and generate the  Purchase Order Complete the procurement lifecycle through  receipt, invoicing, and payment Overall, the article explains h...

Introduction You can access the Self Service Procurement application on a mobile, tablet, laptop, or desktop web browser, or add it to your home screen for a full-screen, app-like experience. You can perform various procurement activities such as search for items, create and manage requisitions, submit requisition, and check requisition statuses. The application facilitates quick requisitioning of goods and services while on move, enabling you to complete tasks efficiently and help you focus on core responsibilities. You can use the application to perform these activities: Set up and update requisitioning preferences View recently submitted requisitions with enhanced requisition statuses Use Featured Categories for easy access to items and services Use Elastic-based smart search to find catalog items and services Punchout to supplier sites either through catalog or search items View catalog item details Create smart form-based requests with information templates support Create noncatal...