R12.x Oracle Purchasing Fundamentals Course Overview

To ensure the best possible learning experience and success in the R12.x Oracle Purchasing Fundamentals course, participants should possess the following minimum prerequisites:

• Basic understanding of the procurement process and its role within an organization.
• General knowledge of enterprise resource planning (ERP) and how it integrates with purchasing functions.
• Familiarity with Oracle E-Business Suite navigation and core functionality is advantageous but not mandatory.
• Some experience with purchasing or supply chain management is helpful, although not required.
• Basic computer skills and the ability to use office productivity tools such as Microsoft Office.
• Willingness to learn and engage with new software applications.

Please note that while these prerequisites are aimed at providing a foundational understanding, the course is designed to guide participants through Oracle Purchasing module comprehensively, so a highly specialized background is not necessary to begin training.

Target Audience for R12.x Oracle Purchasing Fundamentals

The R12.x Oracle Purchasing Fundamentals course is tailored for professionals who manage the procurement process within organizations.

• Procurement Specialists and Analysts
• Supply Chain Managers
• Buyers and Purchasing Agents
• Inventory Managers and Controllers
• Operations Managers
• Oracle EBS Financials Consultants
• ERP Implementation Consultants
• Business Analysts with a focus on supply chain or procurement
• Financial Controllers with involvement in procurement processes
• IT Professionals and System Administrators supporting purchasing systems
• Oracle Application End Users
• Project Managers overseeing procurement system implementations
• Compliance Officers managing procurement policies and procedures

Learning Objectives - What you will Learn in this R12.x Oracle Purchasing Fundamentals?

Introduction to the Course's Learning Outcomes:

Gain comprehensive knowledge of Oracle Purchasing processes, from requisitions to payment, and master the setup and administration of purchasing in R12.x Oracle Purchasing Fundamentals.

Learning Objectives and Outcomes:

• Understand the end-to-end Procure to Pay Lifecycle and Oracle's specific Procure to Pay processes.
• Learn the complete purchasing process, including requisition, purchase order creation, and the receiving process.
• Define and manage enterprise structures, including locations, inventory organizations, and items within Oracle Purchasing.
• Enter and manage supplier information, including supplier sites, and understand how to manage supplier relationships effectively.
• Create, maintain, and utilize RFQs (Requests for Quotation) and quotations to optimize sourcing.
• Develop Approved Supplier Lists (ASL) and implement sourcing rules in line with organizational procurement strategies.
• Create and manage requisitions effectively, understand the requisition lifecycle, and utilize the supplier item catalog.
• Understand different types of purchase orders, their components, and how to create, revise, and maintain them within Oracle Purchasing.
• Automate the document creation process, including understanding the AutoCreate feature and how to create purchase documents from requisitions.
• Manage the receiving process, including setting up receiving locations, understanding receipt routing and processing methods, and managing receiving tolerances.
• Utilize the Professional Buyer’s Work Center for enhanced procurement operations and document management.
• Implement document security, routing, and approval setups, including defining approval hierarchies and using Oracle Workflow.
• Understand the fundamentals of purchasing accounting, manage foreign currency transactions, and reconcile accruals.
• Execute key setup steps required for Oracle Purchasing, including document sequences, profile options, and system administration configurations.
• Perform purchasing administration tasks such as maintaining database records, mass updates, and running concurrent processes for purchasing documents.