This course will give you the ability to know how to create negotiations utilizing various document types, as well as the process for responding, monitoring, and awarding negotiations. Additionally, participants will learn how to use negotiation attributes and line attributes, and to define and use reusable supplier price factors and price factor lists. Finally, participants learn how to create and modify forms and abstracts, and how to use transformational bidding.

Participants will learn how the Oracle Sourcing application fits into the Oracle Advanced Procurement product family and the key functional benefits provided by Oracle Sourcing. As such, this is accomplished through a series of hands-on demonstrations, supplemented with corresponding hands-on practice and exercises.

Upon Completion of this Course, you will accomplish following:

• Use the buyer and supplier home pages
  
• Determine the functions of the three types of Sourcing users
  
• Understand how to create negotiations utilizing various document types
  
• Understand how to respond, monitor, and award negotiations
  
• Understand the process to invite suppliers to a negotiation
  
• Understand the usage of the negotiation attributes
  
• Understand subjective scoring
  
• Define and use reusable supplier price factors and price factor lists
  
• Understand the Sourcing process flow within the Advanced Procurement product family
  
• Identify the key areas and benefits of Sourcing
  
• Create and modify forms and abstracts
  
• Understand how to use transformational bidding
  
• Analyze the required set-up and implementation steps
  
• Introduce how to use price factor lists
  
• Understand and navigate the Sourcing user interface
  

Participants are required to meet the following prerequisites:

• Navigating R12.2 user interface
  
• E-Business Suite (EBS) product footprint and architecture
  
• Fundamentals of System Administration
  
• Oracle Purchasing