Supplier Classification in Oracle Fusion

 

In Oracle Fusion, Suppliers are classified as

1.     Prospective suppliers
2.  Spend Authorized suppliers  

Prospective suppliers: Suppliers who are not registered vendors , but they participate in bidding process and submit the quotation for any potential contract 

Spend authorized suppliers: These suppliers are registered vendors and will be created in the system as Spend authorized suppliers. These suppliers will be involved in both sourcing(RFQ and Quotation) and Procurement process(PO creation )  

Prospective suppliers will be converted into Spend Authorized supplier once their quotation is shortlisted in the bidding process. There is a convert button in Prospective supplier which will do the conversion from prospective to spend authorized supplier .There will be two user roles involved pertaining to supplier conversion .

1.     Supplier Manager
2.   Supplier Administrator

User with Supplier manager role, user can create the prospective supplier and can make these vendors to participate in bidding process. If conversion is required from prospective to spend authorized then user to click convert button in prospective supplier screen. Notification will be sent to User with Supplier Administrator role and he will approve this conversion. Once approved, Vendor will become spend authorized and they can be involved in Procurement process.

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