Glossary


B | C | F | I | L | N | O | P | R | S | U | W

B

browsing category
Parent or intermediate category that is associated with other categories in the catalog hierarchy, but has no assigned items.

C

client business unit
A business unit that can requisition and process invoices for a supplier site. One or more procurement business units can service a client business unit.
Cost Factor
Cost factors allow a buyer to identify and control for additional costs associated with a negotiation line. Cost factors can be calculated as either a per-unit cost, a percentage of the line price, or a fixed amount for the line.

F

freight on board
(FOB) The point or location where the ownership title of goods is transferred from the seller to the buyer.
freight terms
Terms, negotiated with a supplier, to determine whether you or the supplier pays for freight charges on goods you order from that supplier.

I

item categories
Term used to refer to the categories maintained in Product Information Management (PIM) under the purchasing catalog. Within procurement, this category is referred to as a purchasing category. Item categories are used to group items for various reports and programs. For Procurement, every item must belong to an item category.

L

An entity identified and given rights and responsibilities by commercial law through the registration with country's appropriate authority.
Line Attribute
A unique specification for a negotiation line and the details that a supplier should provide when responding to that negotiation line. Line attributes can be used to ensure that all responses submitted for the line include important details beyond just the price offered for the line.

N

negotiation requirement
Questions to solicit high-level information about the suppliers responding to your negotiation. This information can come from the suppliers themselves or internal evaluators.

O

outside processing
A business process in which a work order operation is outsourced to a supplier. A manufacturer might use outside processing when they want to outsource a specialized and costly service, such as metal plating.

P

payment terms
The due date and discount date for payment of an invoice. For example, the payment term "2% 10, Net 30" lets a customer take a two percent discount if payment is received within 10 days, with the balance due within 30 days of the invoice date.
procurement business unit (BU)
The business unit that manages, owns, and is responsible for the purchasing transactions generated from the purchasing document.
procurement category hierarchy
A hierarchy of groupings of purchasing categories which maps how spend is categorized. Use them to set up buyer assignments and procurement approvals, derive spend accounts, and create reports.
products and services category hierarchy
A hierarchy identifying the products and services categories that suppliers and prospective suppliers provide. Use as part of a supplier profile, in supplier registration and approval, and to identify suppliers to invite to sourcing negotiations.
purchasing category
Code used to group purchased items with similar characteristics such as plastics, paints, hard drives, or bolts. For procurement, every item must belong to a purchasing category. Also referred to as an item category.
purchasing document open interface (PDOI)
An Oracle Fusion Purchasing open interface that lets you import catalog information and procurement documents from your suppliers. It receives the data electronically, verifies and processes the data, and imports the data directly into the application as blanket purchase agreements, agreement lines in bulk into a purchase agreement, or as standard purchase orders.

R

requisitioning business unit (BU)
The business unit that manages and owns the requisitioning transaction.

S

sold-to business unit (BU)
The business unit responsible for the payment transactions for a purchasing transaction.

U

unit of measure
A division of quantity that is adopted as a standard of measurement.

W

workflow
An automated process that passes a task from one user (or group of users) to another to view or act on. The task is routed in a logical sequence to achieve an end result.