Source: Rice Purchasing Policies Quick, easy, internet-based access to vendors who have negotiated...
8
Source: Rice Purchasing Policies • Quick, easy, internet-based access to vendors who have negotiated agreements with Rice University • Maximizes the total value of the Rice- supplier relationship. • Targets high-transaction users, traditionally. • Allows further development of the relationship with suppliers to benefit the Rice University consumers. Introduction to eProcurement
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Transcript of Source: Rice Purchasing Policies Quick, easy, internet-based access to vendors who have negotiated...
Source: Rice Purchasing Policies
• Quick, easy, internet-based access to vendors who have negotiated agreements with Rice University
• Maximizes the total value of the Rice-supplier relationship.
• Targets high-transaction users, traditionally.
• Allows further development of the relationship with suppliers to benefit the Rice University consumers.
Introduction to eProcurement
Source: Rice Purchasing Policies
Why Use eProcurement at Rice?
Traditional Procurement Strategic Procurement
SupplierIntegration
LeveragedSupplierStrategy
(Rice Deals)‘The
Cha
sm’
Paper-BasedProcesses
AutomatedProcesses(Internet)
Reduction inprocess costsReqApprovalPO
Lower Cost of Goods
Aggregate actionable data
Reduction of“maverick spend”
Increase in end-user adoption(More people shopping better
deals for Rice)
Opportunity to direct end-users to preferred suppliers
Ability to capture uniform, detailed spend data
SERVICES
• Supplier connectivity• Extensive product
taxonomy• Centralized eCatalogs• Price/content management• Transaction integrity• Transaction tracking
TRANSACTION DATA
• Purchase Order• Advanced Ship Notification• Invoicing• Receipt notification• Contract data• Payment data
Internet buying at the user’s desktop.
Catalog-style concept to access preloaded vendor deals.
Configurable to organization needs for oversight.
Automates the buying experience.
How Does eProcurement Work?
SciquestHigherMarkets
Suppliers
Banner
Systems
Steering Committee(Stakeholders)
Vendors &Rice Tech. Staff
Requirements(Specification)
Configured System
Project Team and Approach
FocusGroups
Steering Committee
Steering Committee
Pilot
Rollout
2009
Fall 2008
Configure & Test
Now
TimeLine
