R12.2 Oracle Purchasing Fundamentals Course Overview

To ensure a successful learning experience in the R12.2 Oracle Purchasing Fundamentals course, participants should have the following minimum prerequisites:

• Basic understanding of procurement processes and supply chain management.
• Familiarity with navigating through computer applications and the internet.
• Some experience with any ERP system is beneficial, though not mandatory.
• Knowledge of inventory management concepts can be an advantage.
• Basic understanding of accounting principles related to accounts payable and purchasing is helpful.
• Ability to interpret and analyze business requirements for procurement.

Please note that these prerequisites are intended to provide a foundation for the course material and are not meant to be barriers to entry. Motivated learners with a willingness to engage with the content and participate in hands-on activities will have the opportunity to acquire the necessary skills throughout the course.

Target Audience for R12.2 Oracle Purchasing Fundamentals

The R12.2 Oracle Purchasing Fundamentals course offers in-depth training on Oracle's procurement process and purchasing lifecycle management.

Target audience for the R12.2 Oracle Purchasing Fundamentals course includes:

• Procurement Specialists and Managers
• Supply Chain Analysts
• Purchasing Officers and Consultants
• Inventory Managers and Controllers
• ERP Analysts and Consultants specializing in supply chain or procurement
• Oracle Apps and E-Business Suite Professionals
• Financial Controllers involved in procurement
• IT Professionals implementing or managing Oracle Purchasing modules
• Operations Managers with a focus on procurement and inventory management
• Business Analysts seeking to understand Oracle Purchasing processes
• Oracle Database Administrators (DBAs) responsible for supporting Oracle Applications
• Project Managers overseeing Oracle Purchasing implementations or upgrades

Learning Objectives - What you will Learn in this R12.2 Oracle Purchasing Fundamentals?

Introduction to Course Learning Outcomes

Gain a comprehensive understanding of the R12.2 Oracle Purchasing process, from requisitions to payment, managing suppliers, and leveraging the Buyer’s Work Center for efficient procurement operations.

Learning Objectives and Outcomes

• Understand the overall Procure to Pay lifecycle and Oracle's specific Procure to Pay process.
• Learn the foundational elements of the purchasing process, including requisitions, purchase orders, and receiving procedures.
• Define the enterprise structure within Oracle Purchasing, including locations, inventory organizations, and item attributes.
• Enter and manage supplier information effectively to maintain productive supplier relationships and ensure accurate supplier data.
• Develop proficiency in creating and managing RFQs (Request for Quotation) and quotations to optimize sourcing.
• Implement and maintain Approved Supplier Lists (ASLs) and understand sourcing rules for better supplier selection and performance.
• Create and maintain various types of requisitions and utilize templates for streamlining the requisition process.
• Master the creation, revision, and maintenance of different purchase order types, including standard and contract purchase agreements.
• Utilize the AutoCreate feature to generate purchase documents from requisitions and understand the associated workflows.
• Process receipts accurately, manage receiving tolerances, and handle returns and corrections within Oracle Purchasing.
• Navigate and utilize the Professional Buyer’s Work Center for an integrated approach to managing purchasing documents and agreements.