SUPPLY DATA MANAGEMENT:

Oracle Supplier Management provides the tools needed to onboard, evaluate, and manage suppliers across your trading lifecycle. It delivers a set of capabilities that can be used to ensure that the supplier data is itself cleansed and trustworthy by creating one enterprise-wide, single view of your data. Track spend better, enforce compliance and standards on your suppliers, and handle supplier risk to streamline how you deal with suppliers across your enterprise.

Golden Supplier Data, Streamlined Supplier Processes Oracle’s Supplier Management offering includes two products:

Supplier Hub and Supplier Lifecycle Management. Should supplier-related data be distributed and fragmented across the enterprise, Oracle Supplier Hub provides a single source of truth for all supplier data. This allows for a 360° master view into all of the information you track about your suppliers. Furthermore, supplier-related processes, like on-boarding, evaluations, and supplier selfmanagement are often scattered and require the coordination of multiple applications. Supplier Lifecycle Management consolidates these processes into one application that can act as the single point of supplier creation.

Oracle Supplier Management offers a centralized platform for managing supplier processes and supplier data. Oracle has leveraged its Trading Community Architecture (TCA) and Advanced Procurement capabilities to provide a rich data model that includes attribute categories like Organizational details, Products and Services, Business Classifications, Purchasing & invoicing terms and controls, Tax Details, and more. Furthermore, the offering captures hierarchy information that, upon suppliers’ being centralized, exposes relationships between suppliers that would have otherwise remained undiscovered. Lastly, Oracle Advanced Data Quality offers four different servers to clean up, enrich, standardize, and validate data above and beyond the standard use case. Oracle Advanced DQ supports the existing functionality of the Hub and SLM.

Supplier Lifecycle Management

Supplier Lifecycle Management offers functionality that aids supplier administrators in managing their suppliers. Before an administrator on-boards suppliers, they can designate an approval management flow to assure that the supplier requests are evaluated by specified people within the organization prior to the suppliers’ approval.

Also, suppliers have the ability to self-register and send requests for approval to the buyer organization. Furthermore, they can maintain their own information on a rolling basis. Through the supplier-side portal, suppliers can also exchange documents in addition to new profile, banking, location, and other information. Supplier Hub administrators can specify here, too, a flow for checking changes in supplier information, and those changes can be registered in the master.

Furthermore, Supplier Lifecycle Management administrators can generate supplier evaluation questionnaires, send them to internal stakeholders within the organization for supplier performance review or to suppliers themselves for data gathering, evaluation, or profile updating. Deployment Options Requirements may vary when it comes to choosing a deployment strategy for a supplier management solution. Supplier Management provides two options for deployment within the Oracle E-Business Suite environment. Supplier Hub can be installed on an existing EBusiness Suite instance, also known as a “single-instance” deployment, or it can be instantiated as a “stand-alone” deployment. Supplier Lifecycle Management is installed on an existing EBS Suite instance.

Oracle E-Business Suite:

The Complete Solution Oracle E-Business Suite enables companies to efficiently manage customer processes, manufacture products, ship orders, collect payments, and more—all from applications that are built on one unified information architecture. This information architecture provides a single definition of your customers, suppliers, employees, products—all aspects of your business. Whether you implement one module or the entire Suite, Oracle E-Business Suite enables you to share unified information across the enterprise so you can make smarter decisions with better information.