Streamline your Purchasing process through PunchOut Catalog - PowerPoint PPT Presentation

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Streamline your Purchasing process through PunchOut Catalog

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A PunchOut catalog. PunchOut mechanism ushers in a new era of speed and efficiency, making it much easier to procure products from suppliers. – PowerPoint PPT presentation

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Title: Streamline your Purchasing process through PunchOut Catalog


1
VARStreet Inc.
Streamline your Purchasing process through
PunchOut Catalog
Contact Us- VARStreet Inc. 66 Charles street
(Beacon Hill), Boston, MA 02114 781-262-0610 Email
Id- sales_at_varstreet.com Twitter-
_at_Tweet_VARStreet.
2
Are you a B2B buyer using a procurement system to
purchase products and services from supplier? If
the answer is yes, it is time to streamline your
purchasing process using a PunchOut catalog.
PunchOut mechanism ushers in a new era of speed
and efficiency, making it much easier to procure
products from suppliers. Although procurement
system automates the purchasing process and is
considered an effective way to connect buyers to
suppliers, one has to still execute a number of
steps in order to complete the process. For
instance, once in the Oracle iprocurement catalog
system, you have to login with the right
credentials in order to access the suppliers
catalog. Again, you have to sort and filter
products, since the catalog will also contain
products that do not match with your assigned
Product List. This can be tedious and time
consuming.
3
PunchOut Offers Single Click Shopping With a
PunchOut catalog solution, you make your
purchasing process more efficient by getting rid
of unnecessary steps. As a buyer, you get one
click access to your suppliers website within
your own procurement system. Moreover, the
PunchOut OCI catalog you access is customized as
per the contract agreement between you and the
supplier. So the product offering and pricing you
see in the catalog is contract-specific. You
will see only those products that you are
authorized to purchase. This eliminates the need
for filtering products to view your own catalog.
Also, order errors related to product pricing and
availability are less likely to occur as you get
updated catalog information in real time.
Moreover, you access your own catalog that is
personalized just for you. The process workflow
for PunchOut ordering involves minimum no. of
steps, hence you find it easy and pleasant to do
business with suppliers that provide
PunchOut-enabled store. You are sure to get a
user-friendly shopping experience that will
exceed your expectations.
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