How do I set up Oracle External Purchase Prices?

At a high level, this is what you need to do to set up Oracle External Purchase Prices:

1. Perform these setup tasks:
   • Define mappings.
   • Define default attribute values for blanket purchase agreements created from external purchase prices.
   • Define the selection criteria.
2. Import contracts using FBDI or REST APIs.
3. Create external purchase prices.
4. Create blanket purchase agreements (BPAs).

After the setup is complete, BPAs are available for use in catalogs, requisitions, and purchase orders.

Tip: To set up an approval workflow for creating external purchase prices, refer to Oracle External Purchase Price Approvals Setup.