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.

Kuwait

Train in Kuwait City with access to Elite Academy’s full portfolio of professional programs. In a city known as a key Gulf business and government center with an established professional environment, organizations and professionals can join upcoming courses or request any program to be arranged locally. Professional training in Kuwait City is not limited to a specific group of subjects. Elite Academy makes its complete portfolio available in the city across management, business, technical and industry-focused disciplines. With a key Gulf business and government center with an established professional environment, Kuwait City provides an effective setting for international learning. Use the schedule below to view courses already planned for the destination, or contact our team to request another program and preferred dates in Kuwait City, subject to scheduling and delivery requirements.