How to Create Blanket Purchase Agreement in Oracle Apps

When it comes to Oracle Apps, creating a blanket purchase agreement (BPA) is a crucial process that helps streamline procurement activities. With a BPA in place, procurement managers can negotiate favorable terms with suppliers and place orders quickly and efficiently. In this article, we`ll walk you through the steps to create a BPA in Oracle Apps.

Step 1: Log in to Oracle Apps

The first step is to log in to Oracle Apps using your credentials. Once you`re logged in, navigate to the procurement module and select the `Purchasing Super User` responsibility.

Step 2: Create a supplier

Before creating a BPA, you need to create a supplier in Oracle Apps. To do this, go to the `Suppliers` section and click on `Supplier Entry`. Fill in the necessary details such as the supplier name, address, contact information, payment terms, and any other relevant information. Once you`ve filled in all the fields, save the supplier details.

Step 3: Create a blanket purchase agreement

To create a BPA, go to the `Agreements` section and click on `Blanket Purchase Agreements`. Next, click on `Create Blanket Purchase Agreement` and select the supplier you created in Step 2. Fill in the details such as the BPA name, effective date, expiration date, and any other relevant information.

Step 4: Add lines to the BPA

Once you`ve created the BPA, it`s time to add lines to it. Click on `Lines` and then `Create` to add a new line. Fill in the details such as the item description, quantity, price, and any other relevant information. You can add multiple lines to the BPA depending on your procurement needs.

Step 5: Approve the BPA

After you`ve created the BPA and added lines to it, it`s time to get it approved. Click on `Actions` and then `Approve` to submit the BPA for approval. Once it`s approved, you can start using it to place orders with the supplier.

In conclusion, creating a blanket purchase agreement in Oracle Apps is a straightforward process that involves creating a supplier, creating a BPA, adding lines to it, and getting it approved. By following these steps, you can streamline your procurement activities and negotiate favorable terms with suppliers.