Redwood: Use Additional Capabilities in Negotiations
Additional capabilities are now available in Oracle Sourcing Redwood UIs:
- Requirements spreadsheet support – export and import requirements through spreadsheets for draft negotiations enabling users to efficiently manage requirements in bulk, including: mass edits, create new requirements or overwriting existing ones.
- View requirement details – Buyers can instantly view detailed requirement information for a negotiation. Hyperlink to access requirements is added on the requirement score and analyze responses pages.
- Apply response revision settings – Response revision settings are displayed when the ranking method is price only and the response rule, allow response revision is selected.
You can now set and view minimum decrement value for each line in an auction. This ensures bids are lowered by at least by specified amount or percentage for each line when suppliers revise responses. This enhancement supports more precise bidding strategies, enforces compliance, and increases transparency for both buyers and suppliers.
- Manage Request For Information (RFI) – Complete lifecycle support for RFI negotiation type.
- Awarding a prospective supplier – When you award a prospective supplier, a spend authorization request is initiated automatically during award finalization. After all the awarded prospective suppliers are promoted to spend authorized, the award is automatically marked as completed and outcome documents can be created. Automatically initiating spend authorization to autocomplete the award removes manual handoffs and reduces cycle time.
- Post or Withdraw Award Notice – Post or withdraw award notice from award or analyze negotiation pages. These actions were already supported from the negotiation details page.
The users can now export the template to prepare requirements for import.
Import Requirements
Any import errors are displayed in the panel drawer.
Import Requirement Errors
Requirement Spreadsheet Errors
The Minimum Decrement (USD) or Minimum Decrement (%) column is shown in the Lines table when response revision settings are enabled. As an improvement over the classic UI, all the one time setup changes are moved to the Controls tab. Response revision settings are moved to the Controls page, General tab.
Minimum Decrement in Lines
Response Revision Settings in Controls
You can monitor an RFI to assess and shortlist suppliers for further evaluation in the sourcing process.
Monitor RFI
You can now complete RFI type negotiations if you decide not to create new rounds from them.
Complete RFI
Requirement Scores - View Requirement Details
Analyze Responses - View Requirement Details
Award a Prospective Supplier
Post award notice or withdraw award notice from the Award or Analyze pages.
Post Award Notice
Steps to enable and configure
To use this feature, you must enable these profile options if you haven't already.
- Redwood Pages for Sourcing Enabled (ORA_PON_SOURCING_REDWOOD_ENABLED).
- Redwood Page to Create Negotiation Enabled (ORA_PON_CREATE_NEGOTIATION_REDWOOD_ENABLED)
- Redwood Page to Award Negotiation Enabled (ORA_PON_AWARD_NEGOTIATION_REDWOOD_ENABLED)
For instructions on enabling a profile option, refer to the Set Profile Option Values topic.
Key resources
- Refer to the What’s New for the Enforce different bid price decrement for each line feature in auctions.
- Refer to the What’s New for the Enable Automatic Bidding in Auctions feature.
Access requirements
Users who are assigned a configured job role that contains these privileges can access this feature:
- Create Supplier Negotiation (PON_CREATE_SUPPLIER_NEGOTIATION_PRIV)
- Edit Supplier Negotiation (PON_EDIT_SUPPLIER_NEGOTIATION_PRIV)
- Create Surrogate Response (PON_CREATE_SURROGATE_SUPPLIER_NEGOTIATION_RESPONSE_PRIV)
- View Supplier Negotiation (PON_VIEW_SUPPLIER_NEGOTIATION_PRIV)
- Award Supplier Negotiation (PON_AWARD_SUPPLIER_NEGOTIATION_PRIV)
- Award Supplier Negotiation as Owner (PON_AWARD_SUPPLIER_NEGOTIATION_OWNED_BY_SELF_PRIV)
These privileges were available prior to this update.