JD EDWARDS WORLD PROCUREMENT MANAGEMENT

The Issue: Strategic Procurement The role of buyer haschanged dramatically— from dealmaker tostrategicpartnership manager. Companies that establish collaborative working relationships with their key suppliers have a tremendouscostand lead-time advantage over theircompetitors. Effective suppliermanagement requires timelyandaccurateinformation to keep thepurchase-to-deliverycycle short, orders easy to track, and contractcompliance simple to verify. Withoutautomated, integrated procurementsystems, buyerscanend up spending themajorityof their time on nonstrategic processes, suchas tracking order statuses, entering POs, and maintaining their own spreadsheetsforanalysis. As a result, they may miss opportunities for mutuallybeneficial supplier negotiations andprocess efficiencies.

Integrate andstreamline all procurement processes.Simplify supplier analysis and bidding.Eliminate unnecessarytransactions.

The Solution:Integrated Procurement Management Oracle’s JD Edward’s World Procurement Management facilitates supplier relationship management with integration of all purchasingactivities— from replenishing strategic components to subcontracting outside services to buying spareparts and operating supplies. You gain end-to-endvisibility of the procurementprocess and extensive flexibilityto define procurement order types and workflows that fit your business requirements. Automated Processes For items that do not requirea bid, automatic purchase order generation savessubstantial time.All relevantinformation isavailable online to validate item status and make necessary changesto quantities,dates,or suppliers. When items must go out for bid, Procurement Management streamlines the process. You have thecapability to: Combine requisitioned items on a single request for quote. View supplier performance ratings for rapid selection of those eligible to receive bid opportunities. Print quote requests for submission to preferred suppliers. Track status of open quotes and bids to a particular supplier,account, or buyerfor targeted procurement decisions. Once suppliers have been chosen,you canimprove transaction accuracyand accelerate orders through your organizationwith: Designated approval routingand requiredaction messages. Consolidation of multiple items on an ordertoa single supplier. Simultaneous creation of purchase and sales orders for each direct shipment.
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