Created a requisition process & implemented blanket PO’s for a high tech manufacturer

This client needed the ability to send Requisitions to multiple suppliers to get better pricing through competition. Currently, it is done in an informal process with no historical data stored which prevents the ability to review this requisition data for guiding future purchases.

By using Oracle’s Requisition Process, all information sent and received from Suppliers is stored for future use. This resolved the long standing problem when emergency purchasing requirements were manually done and the company paid more on average than parts ordered than during regular purchasing cycles. They had been using regular PO’s and kept them open for years instead of using Blanket PO’s. This caused many issues as regular PO’s do not have releases in the same manner as Blankets, as well as the financial issues in having a PO open and accruing for the open amounts.

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