Oracle Fusion Redwood Sourcing – Negotiation Step-by-Step Guide
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...