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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Strategic Sourcing Improvements | 25% | - Award and Approval Workflows - Two-Stage RFQ and Surrogate Bidding - Negotiation Templates and Rules |
| Topic 2: Integration and Analytics Updates | 5% | - Integration with AP and Inventory - Procurement Analytics and Reporting |
| Topic 3: Purchasing and Document Automation | 15% | - Document Numbering and Routing - Purchase Order Configuration and Automation - Multi-Currency and Tax Handling |
| Topic 4: Self-Service Procurement and Catalogs | 10% | - Redwood Self-Service Procurement Features - Catalog Management and Punchout Setup |
| Topic 5: Supplier Qualification Management Enhancements | 25% | - Scorecards and Sustainability Metrics - Qualification Area Scope and Template Sharing - Supplier Qualification Process Updates |
| Topic 6: Procurement Contracts and Compliance | 20% | - Contract Validation and Compliance Rules - Contract Terms Library and Clauses - Contract Amendment and Versioning |
1. What is a Service Center in Oracle Fusion Cloud Procurement for B2B Communication?
A) A dedicated area to handle supplier registration and qualification.
B) A system-generated report to analyze procurement performance.
C) A customer support center for handling external inquiries and issues.
D) A centralized location to manage intemal procurement requests.
2. Which of the following may trigger the need for issuing an RFQ?
A) The need to quickly source a low-value item for one-time use.
B) The need to renegotiate pricing and terms with an existing supplier.
C) The need to solicit proposals for a complex project with multiple deliverables.
D) The need to monitor supplier performance against contractual obligations.
3. Which procurement application is used for creating legally binding contracts?
A) Supplier Portal
B) Contract Management
C) Purchase Order
D) Requisition
4. How can the Supplier Products and Services Category Hierarchy benefit procurement operations in Oracle Fusion Cloud Procurement?
A) It facilitates effective planning and sourcing of procurement needs.
B) It enables real-time tracking of supplier performance.
C) It allows for efficient management of supplier contracts.
D) It improves supplier collaboration and communication.
5. How can users access the Contract Terms Library in Oracle Fusion Cloud Procurement?
A) Via the Manage Contracts Libraries task.
B) Through the Procurement Contracts work area.
C) From the Supplier Contracts menu.
D) By navigating to the Configure Contracts page.
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: C | Question # 3 Answer: B | Question # 4 Answer: A | Question # 5 Answer: B |
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