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iProcurement – How It Works

Oracle iProcurement enables internal corporate requesters to independently order items from both local (internal) and remote (external) catalogs. It is the starting point for the ordering process and provides powerful self-service requisitioning capability with an intuitive, Web shopping interface.

It is a key component of Oracle Advanced Procurement, the integrated suite that dramatically cuts all supply management costs.

In an efficient and automated manner, Oracle iProcurement:

As a part of Oracle Advanced Procurement, iProcurement

If you are planning to implement this application, here are the Core features & functionality of this application, boardly divided under these heads.

1.Catalog Management

  • This Provides flexible solution to catalog and content management
  • Punchout / transparent Punchout feature will establish direct link to supplier’s web store to access their catalogs
  • This stores and provide a way for requesters to shop among a variety of catalog types and sources.
  • This provides a category and descriptor Management (Such as supplier and Price)
  • This also control on requester’s access based on categories, catalog sources and operating unit

2.Shopping

3. Checkout

4.Desktop Receiving

5.Requisition Tracking & Management

If your compnay or Procurement dept looking option to simplify and automate company’s flow of ordering for Services,Refill for inventory,CIP , Opex, Capex Purchasing then this application will drastically reduce employee and bookkeeper time spent in procurement process.

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1 Comment To "iProcurement – How It Works"

#1 Comment By R lam On January 5, 2013 @ 6:34 pm

Thanks for great info. Can also more on punch out .