Oracle Fusion Sourcing Flows Fundamentals

This course provides an in-depth understanding of Oracle Fusion Sourcing, a critical module in the Oracle Fusion Procurement suite. It covers the essential aspects of sourcing flows, including negotiation management, supplier qualification, bidding, and awarding contracts.

Who Should Attend

This course is designed for procurement managers, procurement officers, supply chain professionals, and IT professionals who manage or work with Oracle Fusion Sourcing.

Objectives

Understand the architecture and key functionalities of Oracle Fusion Sourcing.

Learn how to manage and create negotiations using Oracle Fusion Sourcing.

Develop skills in managing supplier qualification and selection processes.

Gain insights into bid creation, evaluation, and awarding contracts.

Understand the integration of Oracle Fusion Sourcing with other Oracle modules.

Course Outline

Introduction to Oracle Fusion Sourcing:

Overview and Architecture of Oracle Fusion Sourcing
Key Functionalities and Benefits
Integration with Oracle Fusion Procurement
Understanding Sourcing Flows
Setting up Oracle Fusion Sourcing

Negotiation Management:

Understanding Negotiation Structures
Creating and Managing Negotiations
Utilizing Negotiation Templates
Managing Negotiation Participants
Monitoring and Analyzing Negotiation Performance

Supplier Qualification and Selection:

Understanding Supplier Qualification Process
Creating and Managing Supplier Qualification Questionnaires
Evaluating and Scoring Supplier Responses
Implementing Supplier Selection Strategies
Managing Supplier Qualification Libraries

Bidding and Awarding Contracts:

Creating and Publishing Bidding Events
Managing Bidding Process and Bid Responses
Evaluating and Comparing Bids
Awarding Contracts Based on Bids
Managing Contract Award Communication

Integration with Other Oracle Modules:

Integration with Oracle Fusion Procurement
Integration with Oracle Fusion Supplier Portal
Data Transfer to Oracle Fusion Contract Management
Integration Points with Oracle Fusion Financials
Utilizing Oracle Fusion Analytics for Sourcing Flows

Competencies

Understanding of Oracle Fusion Sourcing architecture and functionalities.

Skills in negotiation management using Oracle Fusion Sourcing.

Proficiency in managing supplier qualification and selection processes.

Ability to manage bidding and contract awarding processes.

Understanding of the integration of Oracle Fusion Sourcing with other Oracle modules.

Dubai

Elite Academy can deliver its complete portfolio of professional training programs in Dubai. With a global business, aviation and services hub with excellent international accessibility, the destination suits both scheduled learning and tailored arrangements for organizations or individual professionals. As an Elite Academy training destination, Dubai provides access to our full portfolio rather than a city-specific set of specializations. The city is a global business, aviation and services hub with excellent international accessibility, creating a suitable environment for organizations developing their teams and for professionals attending independently. Upcoming scheduled courses are listed on this page, while any other Elite Academy program can also be requested for delivery in Dubai, subject to scheduling and delivery requirements. Explore the schedule or browse our training areas to find the right option.