Oracle Procurement Cloud 2017 Implementation Essentials (1Z0-963) Practice Exam

Oracle Procurement Cloud 2017 Implementation Essentials (1Z0-963)

About Oracle Procurement Cloud 2017 Implementation Essentials (1Z0-963)

Oracle Procurement Cloud 2017 Implementation Essentials (1Z0-963) exam demonstrates the knowledge required to configure Oracle Procurement Cloud. Candidates earning this certification are skilled at setting up purchasing, managing common procurement and self-service procurement, configuring supplier qualification management, and creating contracts.

Exam Prerequisites 

Candidates applying for this exam are recommended to complete 3 or more non-Fusion implementations with having 2-5 years of field experience.

Course Structure

The Oracle Procurement Cloud 2017 Implementation Essentials (1Z0-963) Exam covers the following topics - 

1. Procurement Application Overview

• Explain Procurement architecture and components

• Explain simplified Procure to Pay flow

• Explain Procurement applications integration

2. Fusion Functional Set Up Manager

• Explain the Application implementation lifecycle

• Explain Functional Set Up Enterprise Roles

• Plan an implementation

• Configure offerings

• Generate Set Up Task lists, Offerings, and Options

• Assign Tasks to users

• Manage implementation projects

3. Common Applications for Procurement

• Explain Enterprise Structures

• Configure Applications security, Job roles, Duty roles, and Privileges

• Create Business Units, common Payables, Procurement options, and Approval Management for Procurement

4. Common Procurement

• Manage Supplier configuration and Supplier site assignment

• Define Payment Terms, UOM, Carriers, and Hazard Clauses

• Define a Supplier Business classification lookup, Supplier Products, and the Services hierarchy

• Create Freight Lookups, purchasing profile options, and Approved Supplier List statuses

5. Purchasing

• Define Purchase Document Configuration and Document Styles

• Define Business Unit Function configuration, Configure Procurement Business Unit, Document types, Change Order template

• Define Receiving Parameters for Purchasing

• Create Line Types and Change Orders, and assign Procurement agents

• Set up Budgetary Control and Encumbrance accounting

• Set up Financial Orchestration Flow driven Procurement

• Set up Procurement of Consigned Inventory from Supplier

6. Self Service Procurement

• Explain Self Service Procurement

• Manage Profile Options, Catalog categories, Content Maps, and configure Requisitioning Business Functions

• Create Public Shopping Lists, Smart Forms, Catalog-Category Hierarchies, Templates and Punch Out

• Configure Requisition approvals

7. Supplier Portal

• Explain objectives, Portal Setup, and maintenance

• Create Portal Registration, Supplier Provisioning, and Default Roles

• Explain Supplier business classification, internal and external supplier registrations

8. Sourcing

• Explain Sourcing configuration objectives

• Use Negotiation styles and Templates

• Create Cost Factors, Attribute lists, Negotiation lookups, and Negotiation lists

• Configure Negotiation and Award Approval, Surrogate Bidding, Online Message, Notification Summary, and two-stage RFQ

• Explain how Supplier Qualification requirements can be captured during negotiations

9. Reporting and Business Intelligence for Procurement

• Explain Reporting and Business Intelligence for Procurement

• Configure OTBI , RTF Templates for POs, PRs, Dashboard metrics, and graphs in Purchasing work areas and Sourcing

10. Supplier Qualification Management (SQM)

• Configure SQM and create Questions, Qualification Areas, and Models

• Set up SQM Processes and manage Transactions, including Initiatives, Responses, Evaluation of Assessments, and Qualifications

11. Procurement Contract

• Configure a Contract Terms Library

• Create Contract Terms, Procurement Contract, Approvals, and Contract Fulfillment

Exam Pattern 

• Exam Name: Oracle Procurement Cloud 2017 Implementation Essentials
• Exam Code: 1Z0-963
• Number of Questions: 83
• Length of Time:  120 minutes
• Exam Fee: $245 USD 
• Exam Language: English

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