1. How do I set up Oracle External Purchase Prices?
  2. How do I define the selection criteria?

How do I define the selection criteria?

Use the source type, party type, or lowest price attributes to define the selection criteria. You can apply the selection criteria for a given requisitioning business unit (BU) or all requisitioning BUs.

Here's how:
  1. In Setup and Maintenance, search for and select the Manage External Purchase Prices Selection Criteria task in the Procurement offering.
  2. Click Add and then specify values for:
    • Requisitioning BU: Select the requisitioning BU for which you're setting up the selection criteria.
    • Source Type: Select the option to specify your preferred order for sourcing external purchase prices.
      Possible ValuesDescription

      Local, regional, group purchasing organization (GPO)

      Select this option when you want external purchase prices to be selected based on the following decreasing order:
      • Local
      • Regional
      • GPO

      Regional, local, GPO

      Select this option when you want external purchase prices to be selected based on the following decreasing order:
      • Regional
      • Local
      • GPO
      NoneSelect this option if you don't want source type to be considered for selecting external purchase prices.
    • Party Type: Select whether you prefer to purchase your items from a distributor or manufacturer. Select None if you don't want the party type to be considered for selecting external purchase price lines.

      This criterion is used after applying the source type criteria.

    • Lowest Price: Select this checkbox if you prefer an external purchase price with the lowest price.

      This criterion is applied after applying the source type and party type criteria.