Overview
Punchout catalogs enable requesters using the
Requisitions and Search pages of the Purchase Requisitions work area to click a
link that opens a supplier catalog. They can use the punchout catalog to search
for items on the supplier site, and to return those items directly to a
requisition. They can then edit and submit the requisition.
Using a punchout catalog allows suppliers to
maintain and host their own catalog information. This ensures that the latest
content and pricing is available to requesters. The supplier can closely manage
the content, and can control access by allowing only certain buyers or
requesters to use the site.
If a contract agreement exists with a punchout
supplier, the shopping cart returned from the supplier punchout site can include
the contract agreement number. This contract agreement number, if valid, is
stored on the requisition line and allows for the automatic creation of a
purchase order when the requisition is approved.
Punchout is particularly useful for products
that are configurable, or include highly variable dynamic items and pricing.
These products are difficult and costly to maintain in a buyer-hosted catalog.
PunchOut is an eProcurement software that
ensures the buyer can access the supplier's store or catalog from within their
procurement application.
The buyer does this to search and then order
products, while their application maintains a connection with the site and
marshals essential information. Every punchout system has a curated list of
products with customized pricing for the end-user which is essentially called a
PunchOut catalog.
PunchOut is the source for the interaction
between the software and the site so that the appropriate info regarding the
order or transaction is remitted to the relevant channels. It aims at
streamlining the buying process of B2B buyers. Through it, the buyers can
communicate with the supplier's site from within their application or
procurement framework, and thus, is oftentimes termed as B2B PunchOut.
Oracle Cloud PunchOut (also known as Oracle
iProcurement PunchOut) is one of themost eminent PunchOut solutions being used
worldwide. It functions as an intermediarythat lets the B2B buyers directly
access the supplier's catalog that meets the buyer'sexact needs or
requirements. Using this feature, B2B buyers can make use of theiProcurement
shopping page to go to the supplier's site directly.
After you sign in to the iProcurement model, you
would be able to view the supplier's logo and the link, with whom you are
associated. As soon as you click on the link, you punch out directly to their
site. Most importantly, the supplier catalog which you now have the access to
is prepared according to your needs or prerequisites.
A checkout cycle is followed by the Oracle
iProcurement PunchOut which is different from the traditional checkout. The
cart returns to your iProcurement framework as soon as you are finished with
your shopping and checkout process.
Benefits
of Punchout Catalogs
PunchOut catalogs have proved to make the
process of B2B buying and selling conveniently easy and provide the procurement
teams with a versatile way to run their daily operations. Let us look at some
benefits of PunchOut catalogs:
The Need for Maintenance
is ruled out
There are no costs or charges identified with
the catalog's distribution from your sidewhen using PunchOut. The PunchOut
catalog is, usually, maintained from the supplier's end. Furthermore, any sort
of mistakes that are made during the support cycle is ruled out when using
PunchOut catalogs.
More Reliable and
Appropriate Info
Buyers can get better insights regarding things
like accessibility, offers, specific details, related transportation charges,
and more, all thanks to the PunchOut catalogs which are maintained by the
suppliers. All these details get updated by the supplier in real-time.
Buying Process is
Simplified
Buyers and procurement supervisors can gain
maximum results out of their costs from their preferred seller by accessing the
catalogs from within their eProcurement software. Since all the catalogs get
concentrated into a single PunchOut catalog, it facilitates the purchase
combination and better spend systems.
Prerequisites
·
Register as
buyer account with Oracle Supplier Network through the OSN website - https://osn.oracle.com/
·
Create a service
request with Oracle support to Approve OSN Buyer account registration.
·
Create a service
request with Oracle support to enable messaging through Collaboration Messaging
Framework (CMK)
·
Both parties
(buying company and trading partner) should be registered on the Oracle
Supplier Network (OSN) and the trading partner relationship is established between
the partners
·
ADF Desktop
Integrator should be installed for spreadsheet upload functionality
·
Steps to create
a New Supplier and adding a site to an existing supplier, creating a new Unit
of Measure, UOM class and UOM conversions are not covered in this document
since these are core Procurement functions and please refer to procurement
guide to perform these steps.
·
The below
details are to be obtained from the supplier prior to the configuration:
§
Punchout URL and
Password
§
Domain and
Identity
§
UNSPSC category
codes that are to be mapped in Oracle
§
UOM's used by
the supplier
§
DUNS number
Punchout Configuration and Process
Steps
Creating a Punchout for one supplier involves the Following steps:
a) Buyer Setup
b) Supplier and PUNCHOUT Site creation
c) Catalog Setups
Ø Catalog
Ø Catalog Category Hierarchy
Ø Content Zone
Ø Supplier Content Map Sets
Ø Catalog Mapping Selection
d) CMK (B2B) Configuration Steps
e) Supplier Work Area Setup
f) OSN Messaging Setup
g) Create a Requisition using PUNCHOUT URL
e) Supplier Work Area Setup
f) OSN Messaging Setup
g) Create a Requisition using PUNCHOUT URL
h) Verify the cXML File in OSN
Please click on the below link for more
details:
PUNCHOUT - Oracle Cloud Punchout Setups
and Process Training Manual
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Raju Chinthapatla
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