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.

Koenig's Unique Offerings

images-1-1

1-on-1 Training

Schedule personalized sessions based upon your availability.

images-1-1

Customized Training

Tailor your learning experience. Dive deeper in topics of greater interest to you.

images-1-1

4-Hour Sessions

Optimize learning with Koenig's 4-hour sessions, balancing knowledge retention and time constraints.

images-1-1

Free Demo Class

Join our training with confidence. Attend a free demo class to experience our expert trainers and get all your queries answered.

Purchase This Course

Fee On Request

  • Live Online Training (Duration : 24 Hours)
  • Per Participant
  • Guaranteed-to-Run (GTR)
  • date-img
  • date-img

♱ Excluding VAT/GST

Classroom Training price is on request

  • Live Online Training (Duration : 24 Hours)
  • Per Participant

♱ Excluding VAT/GST

Classroom Training price is on request

Request More Information

Email:  WhatsApp:

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.

FAQ's


1-on-1 Public - Select your start date. Other students can be merged.
1-on-1 Private - Select your start date. You will be the only student in the class.
Yes, course requiring practical include hands-on labs.
You can buy online from the page by clicking on "Buy Now". You can view alternate payment method on payment options page.
Yes, you can pay from the course page and flexi page.
Yes, the site is secure by utilizing Secure Sockets Layer (SSL) Technology. SSL technology enables the encryption of sensitive information during online transactions. We use the highest assurance SSL/TLS certificate, which ensures that no unauthorized person can get to your sensitive payment data over the web.
We use the best standards in Internet security. Any data retained is not shared with third parties.
You can request a refund if you do not wish to enroll in the course.
To receive an acknowledgment of your online payment, you should have a valid email address. At the point when you enter your name, Visa, and other data, you have the option of entering your email address. Would it be a good idea for you to decide to enter your email address, confirmation of your payment will be emailed to you.
After you submit your payment, you will land on the payment confirmation screen.It contains your payment confirmation message. You will likewise get a confirmation email after your transaction is submitted.
We do accept all major credit cards from Visa, Mastercard, American Express, and Discover.
Credit card transactions normally take 48 hours to settle. Approval is given right away; however,it takes 48 hours for the money to be moved.
Yes, we do accept partial payments, you may use one payment method for part of the transaction and another payment method for other parts of the transaction.
Yes, if we have an office in your city.
Yes, we do offer corporate training More details
Yes, we do.
Yes, we also offer weekend classes.
Yes, Koenig follows a BYOL(Bring Your Own Laptop) policy.
It is recommended but not mandatory. Being acquainted with the basic course material will enable you and the trainer to move at a desired pace during classes.You can access courseware for most vendors.
Yes, this is our official email address which we use if a recipient is not able to receive emails from our @koenig-solutions.com email address.
Buy-Now. Pay-Later option is available using credit card in USA and India only.
You will receive the letter of course attendance post training completion via learning enhancement tool after registration.
Yes you can.
Yes, we do. For details go to flexi
You can pay through debit/credit card or bank wire transfer.
Yes you can request your customer experience manager for the same.
No, the published fee includes all applicable taxes.
Yes, we do.
Yes, Koenig Solutions is a Oracle Learning Partner
Schedule for Group Training is decided by Koenig. Schedule for 1-on-1 is decided by you.
In 1 on 1 Public you can select your own schedule, other students can be merged. Choose 1-on-1 if published schedule doesn't meet your requirement. If you want a private session, opt for 1-on-1 Private.
Duration of Ultra-Fast Track is 50% of the duration of the Standard Track. Yes(course content is same).

Prices & Payments

Yes of course.
Yes, We are

Travel and Visa

Yes we do after your registration for course.

Food and Beverages

Yes.

Others

Says our CEO-
“It is an interesting story and dates back half a century. My father started a manufacturing business in India in the 1960's for import substitute electromechanical components such as microswitches. German and Japanese goods were held in high esteem so he named his company Essen Deinki (Essen is a well known industrial town in Germany and Deinki is Japanese for electric company). His products were very good quality and the fact that they sounded German and Japanese also helped. He did quite well. In 1970s he branched out into electronic products and again looked for a German name. This time he chose Koenig, and Koenig Electronics was born. In 1990s after graduating from college I was looking for a name for my company and Koenig Solutions sounded just right. Initially we had marketed under the brand of Digital Equipment Corporation but DEC went out of business and we switched to the Koenig name. Koenig is difficult to pronounce and marketeers said it is not a good choice for a B2C brand. But it has proven lucky for us.” – Says Rohit Aggarwal (Founder and CEO - Koenig Solutions)
All our trainers are fluent in English . Majority of our customers are from outside India and our trainers speak in a neutral accent which is easily understandable by students from all nationalities. Our money back guarantee also stands for accent of the trainer.
Medical services in India are at par with the world and are a fraction of costs in Europe and USA. A number of our students have scheduled cosmetic, dental and ocular procedures during their stay in India. We can provide advice about this, on request.
Yes, if you send 4 participants, we can offer an exclusive training for them which can be started from Any Date™ suitable for you.