Enterprise Applications: Oracle Reveals Sourcing On Demand

 
 
By Nicholas Kolakowski  |  Posted 2009-03-09
 
 
 

Oracle Reveals Sourcing On Demand

by Nicholas Kolakowski

Oracle Reveals Sourcing On Demand

Oracle Reveals Sourcing On Demand - Page 2

Oracle Sourcing On Demand provides user output in a number of ways, including RFIs (request for information) or RFQs (request for quotation). It can also initiate a reverse auction.

Oracle Reveals Sourcing On Demand - Page 2

Oracle Reveals Sourcing On Demand - Page 3

Users interface with Oracle Sourcing On Demand via a digital "workbench." Project data can come not only from users inputting information directly into the system, but also from spreadsheets, purchase requisitions from a backend system, and other sources.

Oracle Reveals Sourcing On Demand - Page 3

Oracle Reveals Sourcing On Demand - Page 4

Oracle asserts that Sourcing On Demand is a cost-effective solution, given that users only need a browser to use the service, saving them the upfront costs of adding additional servers or hardware. The software comes with self-paced, online training and a dedicated help desk.

Oracle Reveals Sourcing On Demand - Page 4

Oracle Reveals Sourcing On Demand - Page 5

The software integrates with other procurement applications such as Oracle Purchasing. It also monitors whether agreements have been implemented and sourcing events completed.

Oracle Reveals Sourcing On Demand - Page 5

Oracle Reveals Sourcing On Demand - Page 6

Here, the "workbench" allows the user to create a needed item to be bid upon by suppliers. Oracle Sourcing On Demand allows specialists from all areas of the company—whether from Finance, Purchasing, or other departments—to collaborate to determine the organization's needs.

Oracle Reveals Sourcing On Demand - Page 6

Oracle Reveals Sourcing On Demand - Page 7

Suppliers are then invited to make their bid on whatever material or service the organization needs. Oracle Sourcing On Demand is validated to meet SAS70 Type II and Sarbanes-Oxley requirements.

Oracle Reveals Sourcing On Demand - Page 7

Oracle Reveals Sourcing On Demand - Page 8

 

Oracle Reveals Sourcing On Demand - Page 8

Rocket Fuel