• Knowledge of Oracle Purchasing

• Use the buyer and supplier home pages
• Determine the functions of the three types of Sourcing users
• Understand how to create negotiations utilizing various document types
• Understand how to respond, monitor, and award negotiations
• Understand the process to invite suppliers to a negotiation
• Understand the usage of the negotiation attributes
• Understand subjective scoring
• Define and use reusable supplier price factors and price factor lists
• Understand the Sourcing process flow within the Advanced Procurement product family
• Identify the key areas and benefits of Sourcing
• Understand the new Sourcing Optimization product
• Create and modify forms and abstracts
• Understand how to use transformational bidding
• Analyze the required set-up and implementation steps
• Introduce how to use price factor lists
• Understand and navigate the Sourcing user interface

Oracle Sourcing Functionality Overview

• Understanding Key Business Flows of Oracle Sourcing
• Contrasting Manual and Automatic Sourcing Systems
• Identifying Key Productivity Benefits of Oracle Sourcing
• Understanding the Oracle Sourcing Position Within the Oracle Advanced Procurement Product Family

Oracle Sourcing Product Overview

• Navigating Oracle Sourcing User Interface
• Using the Buyer and Supplier Home Pages
• Conducting Searches
• Understanding the Functions of the Three Types of Sourcing Users

Creating Negotiations

• Outlining the Negotiation Process
• Defining Header Information
• Defining Negotiation Lines
• Defining Negotiations Response Controls
• Using Contract Terms
• Inviting Suppliers to a Negotiation
• Publishing a Negotiation
• Identifying Additional Creation Methods

Using Negotiation Attributes

• Explaining the Usage of Negotiation Attributes
• Defining and Using Requirements
• Explaining Subjective Scoring
• Defining and Using Line Attributes
• Explaining Weighting and Scoring
• Explaining How Price-to-Total-Score is Calculated and Used to Evaluate Responses

Additional Creation Tools

• Defining and Using Reusable Supplier Price Factors and Price Factor Lists
• Performing Supplier Searches
• Defining and Using Reusable Invitation Lists
• Defining and Using Price Breaks and Price Tiers
• Using Spreadsheet Upload for Header Attributes and Lines
• Defining and Using Negotiation Document Templates
• Defining and Using Negotiation Events
• Defining Two-Stage RFQs

Responding to Negotiations

• Understanding the Differences Between Suppliers and Supplier Users
• Explaining the Process for Registering Supplier Users
• Outlining the Response Process
• Searching for Negotiations
• Entering and Submitting a Negotiation Response
• Explaining Power and Proxy Bidding
• Explaining Surrogate Bidding and Earnest Money Deposit while Bidding
• Explaining How to Print Supplier's View of Negotiation

Monitoring Negotiations

• Understanding the Process To Monitor a Negotiation
• Explaining Best Response and How Calculated
• Explaining How to Use Live Console to Monitor Negotiation
• Using the Count-Down Clock
• Understanding How to Use Negotiation Amendments
• Understanding the Multi Round Process

Awarding Negotiations

• Outlining the Award Process
• Explaining How to Score Header Attributes
• Explaining Different Award Methods
• Explaining How to Use Award Optimization
• Understanding How to Generate a Purchase Order
• Explaining How to Allocate Requisitions Across Selected Suppliers

Using Collaborative Messaging and Notifications

• Explaining notifications used by Oracle Sourcing
• Describing the use of Collaborative Messaging

Using Forms and Abstracts

• Understanding the Purpose for the System Abstract
• Explaining How to Modify the Abstract
• Describing Forms Usage
• Implementing New Forms

Using Transformational Bidding

• Explaining the Usage of Buyer Price Factors
• Explaining How Buyer Price Factors Affect Responses
• Explaining Different Visibility Options for Transformed Responsesng
• Defining Buyer Price Factors

Processing Large Negotiations

• Distinguishing between Regular and Large Negotiations
• Identifying and Using Features available for Processing Large Negotiations

Setting Up and Implementing Oracle Sourcing

• Identifying Relevant Applications for Implementation Tasks
• Identifying Additional Implementation Tasks
• Outlining Required Steps to Implement Oracle Sourcing