The University has recently commenced the implementation of an eMarketplace – following a competitive tendering exercise.
The eMarketplace will complement our existing Oracle E-Business Suite (particularly iProcurement), sitting between the Oracle system and the key supplier base, to substantially extend the range and volume of electronic purchase-to-pay transactions. This is a strategic service acquisition and the University has partnered with Science Warehouse, a leading provider of eMarketplace Catalogues & Procurement Content Management.
What is an eMarketplace?
An eMarketplace is an Internet based facility that enables trade between one or more purchasing organisations and a potentially extensive variety of suppliers [approximately equivalent to an Amazon.co.uk experience].
The eMarketplace is integrated with Oracle EBS, and links with iProcurement. Requisitioners will access iProcurement in the usual way, and product selection will be substantially seamless with the eMarketplace catalogue, offering an enhanced range of approved goods & services for selection to the shopping cart. The eMarketplace will make the selection of a wide range of products much quicker and more accurate as the catalogues available contain current University pricing, delivery information and real time product availability (where applicable).
The University will also be looking to implement electronic invoicing capabilities which will also be of significant benefit to the university and its suppliers.