ORACLE DATA SHEET Oracle Supplier Management PDF

27d ago
1.14 MB
9 Pages

ORACLE DAT A SHEETOracle Supplier ManagementSupplier Hub and Supplier Lifecycle ManagementOracle Supplier Management is a set of applications that provides theframework needed to on-board,board, evaluate, and manage suppliers across yourtrading lifecycle. It provides tools for cleansinging supplier record information toenable you to deliver a trustworthy, enterprise-wide view of all your tradingpartners. By implementing Oracle Supplier Management,Management you will be able tobetter track supplier spend and performance, reduce supplier datamanagement costs, monitor supplier compliance to your corporate standards,and handle supplier risk to streamline how you deal with suppliers acrossyour enterprise.APPLICAT IONSOR AC L E S UP P L I E R L I F E CY CL EM AN AG E M E NT360o Supplier ViewExtensible Supplier ProfileMaster Supplier Information, Streamline Supplier ManagementProcessesOracle’s Supplier Management offering includes two products: Oracle Supplier LifecycleManagement (SLM) and Oracle Supplier Hub (SDH). Oracle Supplier LifecycleManagement provides tools for an organization to manage suppliers throughout theEnhanced Registration and Onboarding ofNew Supplierslifecycle of their relationship with them. It allows this relationship to be tracked from initialQualification Managementpotential obsolescence. By following this entire cycle, Supplier Lifecycle Management isSupplier Profile Management (includingSupplier Self-Service)Compliance and Profile Auditssupplier discovery, through qualification and on boarding, to ongoing maintenance, andable to provide a comprehensive 360 information view for each supplier.supplierOracle Supplier Hub provides a portfolio of data managementment tools to enableorganizations to better look after their supplier master records. Should supplier-relatedsupplierdata be distributed and fragmented across the enterprise, Oracle Supplier Hub providesPerformance Evaluationa repository for consolidating the different copies of eachh supplier’s identity and theSupplier Searchcapabilities to generate a single source of truth for each trading partner.partner The OracleSupplier NotificationsSupplier Hub is builtuilt on the foundational Trading Community Architecture (TCA)technology, an already-proven platform that was originally developedeveloped to helporganizations manage all of their customer information.OR AC L E S UP P L I E R D AT A H UBCentralized Supplier Master ProfileSupplier Classification ManagementSupplier Hierarchy ManagementSupplier Task ManagementSupplier Data Import and Source SystemManagement

ORACLE DAT A SHEETSupplier Data Quality ManagementIn addition to leveraging the Trading Community Architecture (TCA), SupplierSupplier Data EnrichmentManagement uses User-DefinedDefined Attributes (UDA) and Advanced Procurementcapabilities to provide a rich data model that includes attributeibute categories like supplierSupplier Data Publication andSynchronizationorganizational information, address, contact details,, Products and Services categories,business and diversity classifications, bank details, tax details,etails, purchasing & invoicingterms and controls, plus custom extensible supplier profile attributes.attributesKEYFEATURESFurther, the offering allows supplier hierarchy information to be modeled to help identifyrelationships between suppliers that would have otherwise remained undiscovered.SUPPLIER DIRECTORY360o View of Supplier InformationManage Supplier Standard Profile andExtensible Supplier Profile Attributes withData SecuritySupplier Master Repository Simple andAdvanced SearchSupplier Information Export usingSpreadsheetIn summary, Oracle Supplier Hub can gather supplier data from source systems, masterthe individual records, and then support publication back to those very systems. OracleSupplier Lifecycle Management governs the processes around that data. Both solutionsleverage Data Quality tools thathat will characterize supplier data, help standardize it andidentify duplicates.Effective Supplier Analysis,, Reduced Administration andBetter Risk ManagementOracle Supplier Management’s feature set and technical solution translate toSupplier Information Reporttremendous business advantages – chiefly, how it can contribute to improved spendSupplier Notificationstracking, lower administration costs and better supplier risk management.Supplier information can sit in different procurement systems across differentS UP P L I E R RE GI S T R AT I O N AN DQU AL I F I C AT I O NSelf-service Portal for Prospect Suppliersgeographies, divisions, and marketplaces. Consolidatinging all of that data into onerepository and rationalizing the details to establish a true & unique identity for eachsupplier will enable accurate enterprise-widewide spend information to be provided toexecutive-level management. Simply put, centralized, clean supplier data createsMultiple On-boarding Optionsaccurate insight about who an organization is spendinging money with.with And visibility intoProspectspending patterns creates opportunities for cost reduction. Once data becomesSupplier Self-RegistrationBuyer Invitationcentralized, decision-makers are better equipped to see which suppliers cost more andwhich have been performing better.For example, when an enterprise consolidates their supplier data and then sees theyConfigurable New Supplier Request Formhave been procuring computer monitors in different regions from different suppliers withExtensible Supplier Profilevarying degrees of cost, risk and performance, they may opt for a sole-sourcesolecontractInternal and External AttributesQuestionnaire to Collect, AutomaticallyScore and Shortlist Qualified ProspectSupplier based on Their Responsewith just one of them in order to drive their costs down.Beyond that, Supplier Management will drive down the costs of supplier administration.Every supplier record stored by an organizationganization carries a clerical cost with it to keepthose details up to date. As the number of supplier records rise, and the number ofduplicates increase, those clerical costs can go up and up. Supplier Management willInternal Supplier Selection TeamEvaluationsManage CertificationDocument AttachmentsOptional Data Quality Management andD&B Integration using Oracle Supplier Hubenable a significant reduction in the administration costs.By enabling suppliers to register their own selves and to edit their own information, notonly does the streamlined process cut costs, but by reducing their barrier to entry intothe user’s business, Supplier Management also creates opportunities to do businesswith an expanded set of suppliers. Furthermore, buyer administrators mitigate their riskof engaging in business with suppliers who fail to comply with corporatecorporate or governmentset standards when users can track that information with a rich data model.Approval Management Engine to Route andProcess New Supplier RegistrationRequests and Qualifications2 ORACLE SUPPLIER MANAGEMENT – SUPPLIER HUB AND SUPSUPPLIER LIFECYCLE MANAGEMENT

ORACLE DAT A SHEETSynchronize New Supplier Request andQuestionnaire information with SupplierMaster on ApprovalSUPPLIER PROFILEM AN AG E M E NTSelf-service Portal for Profile ManagementManage Supplier Relationship Profile likeAddress, Contact,Business DiversityClassifications like Small Business,Minority-Owned, Hub Zone etc,Supplier Products & Services Category,Bank Detail and moreManage Control and Terms attributesrelated Supplier Transactions likePurchasing, Payment etcManage Extensible Supplier RelationshipAttributes with Data Security.Configure, Track, Manage and Audit WideRange of Supplier Compliance, Quality andRisk Information and moreFigure 1: The Lifecycle of a Business Relationship with a SupplierSupplier Lifecycle ManagementOracle Supplier Lifecycle Management is the supplier developmentapplication that transforms qualification, administration, and assessment ofyour supply base. It is a key component of Oracle Advanced Procurement,the integrated suite that dramatically cuts all supply management costs.A key factor in improving the quality of an organization’s supplier master file is toSupplier User Managementestablish proper processes to formally qualify different types of prospective suppliers.Internal and Supplier Self-AssessmentQuestionnaire and Templates forCompliance, Risk, Profile ManagementOracle Supplier Lifecycle Management enables any and all of the peculiar informationCertification Deliverables ManagementOnce a supplier has been approved, Oracle Supplier Lifecycle Management alsoSynchronize Supplier and InternalQuestionnaire Responses with SupplierMaster upon Completion of Supplier Surveyenables organizations to gather feedback from key stakeholders as part of an overalloveralSynchronize Item Line QuestionnaireSupplier Responses with ProductInformation Management (PIM) uponCompletion of Supplier Surveyrequired from a prospect to be gathered for assessment and then routed through theorganization to ensure efficient review of the supplier’s credentials.supplier performance tracking process. In addition, Oracle Supplier LifecycleManagement also allows key stakeholders to identify and track critical compliancedocuments and attributes that need to be gathered from suppliers on a periodic basis inorder for the two parties to maintain an active business relationship.o360 Supplier ViewOne of the challenges with managing supplier information is that the pieces ofinformation gathered about a supplier can be stored in a variety of applications andS UP P L I E R P E RF O RM AN CEM AN AG E M E NTsystems. This data disbursement can hamper organizations as they look to reviewsupplier performance or to comply with audit requirements.Supplier Performance EvaluationQuestionnaire and TemplatesOracle Supplier Lifecycle Management provides a repository for storing extendedInternal User Questionnaire for SupplierPerformance Evaluation and Scorecardto be provided to the key business users within the organization. In addition to the basicSupplier information from disparate sources andnd then enabling a 360 view of the datasupplier information - such as Address, Contact, Business Diversity Classification,Synchronize Questionnaire Responses with3 ORACLE SUPPLIER MANAGEMENT – SUPPLIER HUB AND SUPSUPPLIER LIFECYCLE MANAGEMENT

ORACLE DAT A SHEETSupplier Master upon Completion ofEvaluationCustom Classifications, Product and Servicesices category, Banking details etc., users willbe able to review qualification and on-goinggoing evaluation details for the supplier, view keydocuments that have been included in the supplier’s profile and check the status ofDeliverables that the supplier is required to provide to maintain their status within theCE N T R AL I Z E D S UP P L I E R M AS TE RFlexible, Extensible World-Class SupplierData Model and Supplier Directorysystem.Extensible Supplier ProfileConfigurable Data Security Access ControlsTo better understand the capabilities of suppliers in key product categories, and to trackSupplier Master Repository Smart andAdvanced Searchsubjective information about how that supplier is performing, buying organizationsorgneedSurvivorship Rules for Conflict Resolutionto be able to store a wide range of additional details in their supplier master. Typically,this is the sort of information that is gathered by different departments and stored usingpaper-based systems, preventing an organization from usingg the details to gain a betterinsight into a supplier’s performance.SUPPLIER D AT A IMPORTM AN AG E M E NTImport supplier data from any sourcesystem containing Supplier informationSupplier Lifecycle Management utilizes User Defined Attribute technology that allowsadministrators to add an unlimited range of attributes to the supplier definition and togroup these into logical profile sections. The extensible Supplier profile attributes allowdisparate information to be captured and stored centrally from a wide variety of sourceMaintain cross-references between themaster and the source systemsystems including 3rd party data sources leveraging data integration.Manage Supplier Data Imports ThroughImport Consoleinternal and supplier users) can have access to the individual attribute groups in theFine-grained accesss control allow administrators to manage which users (includingextended profile.Maintain Data Quality using De-DuplicationOptionsRegistration and On-BoardingBoarding of New SuppliersDuring Data Import Perform AddressValidationdoing business with the buying organization, many companies now use their corporateDuring Import Analyze ComprehensivePost-Import StatisticsTo help manage the stream of inquiries thatat come from supplier prospects interested inwebsites to have potential suppliers register their interest in establishing a businessrelationship. This allows the organizationtion to gather key information from the prospectsuppliers, which can be used to qualify whether they are suitable trading partner.Oracle Supplier Lifecycle Management leverages the supplier registration feature fromS UP P L I E R D AT A QU AL I T YM AN AG E M E NTEmbedded Trading Community Architecture(TCA) Data Quality Management (DQM)Engine.iSupplier Portal (iSP) that can be configured by business unit to gather the dataelements required to assess each prospective supplier request. As with iSP, theregistration form can be configured to include Address, Contacts, Business DiversityClassification, Product and Services category and Banking detailsdetail but SLM allows forthe inclusion of any of the Extended Supplier profile attributes. The prospective supplierOptional, Standalone Advanced DataQuality Servers to Parse and StandardizeSupplier Datacan also upload attachments as part of their registration packet. To supportsophisticated and conditional qualificationfication procedures, administrators can also establishqualification documents that allow various profile and compliance information from theDuplicate Identification, Resolution andPrevention.prospect to be captured using a questionnaire format. As part of the approval routing,“Match Rules” with Weights Determine Howto Match Any Potential Duplicates Recordsusers assessing the request.Address Validation Adaptorsprospective suppliers, requesting them to provide additional details for pre-qualificationpreOut-of-the-box Integration with D&B (Batchand Real time)registered, their request is routed through an approval hierarchy for review andthe qualification questionnaireaire can include internal evaluations provided by businessIn addition to the walk-up process, buyers can pre-registerregister and send invitations toand approval using the self-serviceservice capability. Once a prospective supplier hasapproval.4 ORACLE SUPPLIER MANAGEMENT – SUPPLIER HUB AND SUPSUPPLIER LIFECYCLE MANAGEMENT

ORACLE DAT A SHEETIntegrated Application for Data QualityProfessionalsQualification ManagementFor many organizations, the processes for assessing new supplier relati

supplier discovery, through qualification and on boarding, to ongoing maintenance, and potential obsolescence. By following this entire cycle, Supplier Lifecycle Management is able to provide a comprehensive 360° information view for each supplier Oracle Supplier Hub provides a portfolio of data management tools to enable