24 Hrs
2006+ Enrollments
R12.x Oracle Sourcing Fundamentals
The R12.x Oracle Sourcing Fundamentals course teaches the skills and knowledge required to create and manage sourcing events using the Oracle Sourcing application. The course covers topics such as creating and managing RFQs, managing supplier responses, and analyzing and awarding supplier responses. This course is ideal for procurement professionals who want to learn how to use the Oracle Sourcing application to streamline the sourcing process.
R12.x Oracle Sourcing Fundamentals
Overview of Course
The R12.x Oracle Sourcing Fundamentals course is designed to help procurement professionals manage the sourcing process by leveraging the Oracle Sourcing application. This course provides the knowledge and skills required to create and manage RFQs, manage supplier responses, and analyze and award supplier responses.
Course Highlights
Learn how to create and manage RFQs using Oracle Sourcing
Manage supplier responses and evaluate supplier performance
Analyze and award supplier responses
Key Differentiators
Personalized Learning with Custom Curriculum
Training curriculum to meet the unique needs of each individual
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Trusted by over 100+ Fortune 500 Companies
We help organizations deliver right outcomes by training talent
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Flexible Schedule & Delivery
Choose between virtual/offline with Weekend options
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World Class Learning Infrastructure
Our learning platform provides leading virtual training labs & instances
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Enterprise Grade Data Protection
Security & privacy are an integral part of our training ethos
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Real-world Projects
We work with experts to curate real business scenarios as training projects
Skills You’ll Learn
Creating and managing RFQs
Managing supplier responses
Analyzing and awarding supplier responses
Evaluating supplier performance
Streamlining the sourcing process using Oracle Sourcing
Training Options
1-on-1 Training
Access to live online classes- Flexible schedule including weekends
- Hands-on exercises with virtual labs
- Session recordings and learning courseware included
- 24X7 learner support and assistance
- Book a free demo before you commit!
Corporate Training
- Everything in 1-on-1 Training plus
- Custom Curriculum
- Extended access to virtual labs
- Detailed reporting of every candidate
- Projects and assessments
- Consulting Support
- Training aligned to business outcomes
Unlock Organizational Success through Effective Corporate Training: Enhance Employee Skills and Adaptability- Choose customized training to address specific business challenges and goals, which leads to better outcomes and success.
- Keep employees up-to-date with changing industry trends and advancements.
- Adapt to new technologies & processes and increase efficiency and profitability.
- Improve employee morale, job satisfaction, and retention rates.
- Reduce employee turnovers and associated costs, such as recruitment and onboarding expenses.
- Obtain long-term organizational growth and success.
Course Reviews
Curriculum
- Understanding Oracle Sourcing business flows
- Comparing manual and automatic sourcing systems
- Exploring productivity benefits of Oracle Sourcing
- Recognizing Oracle Sourcing's position within the Oracle Advanced Procurement Product Family
- Navigating Oracle Sourcing User Interface
- Using the Buyer and Supplier Home Pages
- Conducting Searches
- Understanding the Functions of the Three Types of Sourcing Users
- Outlining the Negotiation Process
- Defining Header Information
- Defining Negotiation Lines
- Defining Negotiations Response Controls
- Using Contract Terms
- Inviting Suppliers to a Negotiation
- Publishing a Negotiation
- Identifying Additional Creation Methods
- Explaining the Usage of Negotiation Attributes
- Defining and Using Requirements
- Explaining Subjective Scoring
- Defining and Using Line Attributes
- Explaining Weighting and Scoring
- Explaining How Price-to-Total-Score is Calculated and Used to Evaluate Responses
- Defining and Using Reusable Supplier Price Factors and Price Factor Lists
- Performing Supplier Searches
- Defining and Using Reusable Invitation Lists
- Defining and Using Price Breaks and Price Tiers
- Using Spreadsheet Upload for Header Attributes and Lines
- Defining and Using Negotiation Document Templates
- Defining and Using Negotiation Events
- Defining Two-Stage RFQs
- Understanding the Differences Between Suppliers and Supplier Users
- Explaining the Process for Registering Supplier Users
- Outlining the Response Process
- Searching for Negotiations
- Entering and Submitting a Negotiation Response
- Explaining Power and Proxy Bidding
- Explaining Surrogate Bidding and Earnest Money Deposit while Bidding
- Explaining How to Print Supplier's View of Negotiation
- Understanding the Process to Monitor a Negotiation
- Explaining Best Response and How Calculated
- Explaining How to Use Live Console to Monitor Negotiation
- Using the Count-Down Clock
- Understanding How to Use Negotiation Amendments
- Understanding the Multi Round Process
- Outlining the Award Process
- Explaining How to Score Header Attributes
- Explaining Different Award Methods
- Explaining How to Use Award Optimization
- Understanding How to Generate a Purchase Order
- Explaining How to Allocate Requisitions Across Selected Suppliers
- Explaining notifications used by Oracle Sourcing
- Explaining notifications used by Oracle Sourcing
- Understanding the Purpose for the System Abstract
- Explaining How to Modify the Abstract
- Describing Forms Usage
- Implementing New Forms
- Explaining the Usage of Buyer Price Factors
- Explaining How Buyer Price Factors Affect Responses
- Explaining Different Visibility Options for Transformed Responsesng
- Defining Buyer Price Factors
- Distinguishing between Regular and Large Negotiations
- Identifying and Using Features available for Processing Large Negotiations
- Identifying Relevant Applications for Implementation Tasks
- Identifying Additional Implementation Tasks
- Outlining Required Steps to Implement Oracle Sourcing
Meet the instructor and learn about the course content and teaching style.- Make informed decisions about whether to enroll in the course or not.
- Get a perspective with a glimpse of what the learning process entails.
Description
Target Audience:
- Procurement professionals
- Supply chain professionals
- Buyers
- Purchasing managers
- Business analysts
Prerequisite:
- Basic understanding of procurement and sourcing processes
- Familiarity with Oracle E-Business Suite
Benefits of the course:
- Learn how to use Oracle Sourcing to streamline the sourcing process
- Improve your procurement and sourcing skills
- Gain a competitive advantage in the job market
- Enhance your career prospects
Exam details to pass the course:
- The course does not have an exam.
Certification path:
- There are no certifications required to learn this course.
Career options:
- Procurement Manager
- Sourcing Manager
- Supply Chain Analyst
- Business Analyst
Why should you take this course from Skillzcafe:
<li style="text-align: left;">Comprehensive curriculum designed by industry experts- <li style="text-align: left;">Hands-on experience through practical exercises and projects
- <li style="text-align: left;">Self-paced learning with lifetime access to course material
- <li style="text-align: left;">Affordable pricing
- <li style="text-align: left;">Certificate of completion upon finishing the course<br />
FAQs
Oracle Sourcing is an application within the Oracle E-Business Suite that enables organizations to streamline the sourcing process by creating and managing RFQs, managing supplier responses, and analyzing and awarding supplier responses.
The course is designed for procurement professionals with basic knowledge of procurement and sourcing processes.
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