R12.x Oracle Sourcing Fundamentals Course Overview

R12.x Oracle Sourcing Fundamentals Course Overview

The R12.x Oracle Sourcing Fundamentals course is designed to provide learners with a comprehensive understanding of the Oracle Sourcing module, which is part of the Oracle Advanced Procurement suite. Participants will learn key business flows, the benefits of transitioning from manual to automatic sourcing systems, and how Oracle Sourcing enhances productivity. They will gain hands-on experience navigating the Oracle Sourcing user interface, creating and managing negotiations, and responding to them efficiently.

This course covers various aspects including defining negotiation parameters, utilizing attributes and scoring methods to evaluate supplier responses, and awarding negotiations effectively. It offers insight into additional creation tools, monitoring and awarding processes, and how to use collaborative messaging and notifications to streamline communication.

By the end of the course, learners will be able to process large negotiations and understand the setup and implementation of Oracle Sourcing. This knowledge is crucial for procurement professionals looking to optimize their sourcing strategies and improve their organization's bottom line. The course prepares participants to leverage the full capabilities of the Oracle Sourcing module, ensuring they can contribute to more strategic procurement and better supplier management.

This is a Rare Course and it can be take up to 3 weeks to arrange the training.

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  • Live Online Training (Duration : 24 Hours)
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♱ Excluding VAT/GST

Classroom Training price is on request

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Course Prerequisites

To ensure that learners have the best chance of successfully undertaking training in the R12.x Oracle Sourcing Fundamentals course, the following minimum prerequisites are recommended:


  • Basic understanding of procurement processes and terminology.
  • Familiarity with Oracle E-Business Suite navigation and general functionality.
  • Knowledge of Oracle Purchasing and Oracle Inventory modules is beneficial.
  • Experience with any form of electronic sourcing or procurement systems is advantageous.
  • Fundamental computer literacy, including the use of spreadsheets and web browsers.

These prerequisites are meant to provide a foundation that will help students more easily grasp the concepts and functionality taught in the Oracle Sourcing course. With this foundational knowledge, learners can maximize their training experience and apply the skills learned more effectively in their roles.


Target Audience for R12.x Oracle Sourcing Fundamentals

The R12.x Oracle Sourcing Fundamentals course is designed for professionals involved in procurement and sourcing processes within organizations.


  • Procurement Managers
  • Sourcing Specialists
  • Purchasing Officers
  • Supply Chain Analysts
  • Procurement Analysts
  • Category Managers
  • Supplier Relationship Managers
  • Contract Administrators
  • Supply Chain Managers
  • Buyers and Senior Buyers
  • ERP Consultants
  • Oracle Application Implementers
  • IT Managers overseeing procurement systems
  • Business Analysts with a focus on procurement processes
  • Project Managers involved in ERP implementation
  • Financial Controllers with involvement in sourcing activities


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

Introduction to the R12.x Oracle Sourcing Fundamentals Course Learning Outcomes:

Gain in-depth knowledge of Oracle Sourcing functionalities, enabling efficient negotiation creation, management, and awarding within the Oracle Advanced Procurement suite.

Learning Objectives and Outcomes:

  • Understand the key business flows and the strategic positioning of Oracle Sourcing within the Oracle Advanced Procurement product family.
  • Navigate the Oracle Sourcing user interface effectively and utilize the features of the Buyer and Supplier Home Pages.
  • Master the creation of negotiations, including defining header information, negotiation lines, response controls, and supplier invitations.
  • Utilize negotiation attributes such as requirements, subjective scoring, line attributes, and understand their impact on evaluation and scoring.
  • Leverage additional creation tools for enhanced sourcing such as supplier price factors, invitation lists, price breaks, and negotiation templates.
  • Respond to negotiations by understanding supplier registration, response submission, power and proxy bidding, and other response mechanisms.
  • Monitor ongoing negotiations using tools like Live Console, count-down clock, and understand how to make amendments and manage multi-round processes.
  • Execute the award process with proficiency, including scoring, award methods, optimization, and generating purchase orders.
  • Utilize Oracle Sourcing's collaborative messaging and notifications to streamline communication.
  • Customize system abstracts and forms for specific negotiation requirements and implement new forms effectively.
  • Apply transformational bidding techniques, understanding buyer price factors, and manage large-scale negotiations with specialized features.
  • Set up and implement Oracle Sourcing, identifying relevant applications and additional tasks required for a successful implementation.