• Course Overview
  • Objectives
  • Prerequisites
  • Course Outline

This course will give you the ability to know how to create negotiations utilizing various document types, as well as the process for responding, monitoring, and awarding negotiations. Additionally, participants will learn how to use negotiation attributes and line attributes, and to define and use reusable supplier price factors and price factor lists. Finally, participants learn how to create and modify forms and abstracts, and how to use transformational bidding.

Participants will learn how the Oracle Sourcing application fits into the Oracle Advanced Procurement product family and the key functional benefits provided by Oracle Sourcing. As such, this is accomplished through a series of hands-on demonstrations, supplemented with corresponding hands-on practice and exercises.

Upon Completion of this Course, you will accomplish following:

Participants are required to meet the following prerequisites:

40 Hours

Auto create

  • Auto create RFQ from approved PR
  • Requisition
  • Negotiations

RFQ Sourcing

  • Create
  • Manage
  • Templates
  • Reusable Lists
  • Two Stages RFQ
  • Requirement List


  • Line type
  • Pay item types
  • Manage lines


  • Control the negotiation
  • Open quote date
  • Last day of receiving quote
  • Restrict to invited suppliers
  • Can open or close early
  • Can supplier reply partially
  • Award approval


  • Contact directory
  • Supplier list
  • Supplier KPI

On line discussion

  • Messages between collaboration team
  • Messages between collaboration team and suppliers


  • Un seal & technical stage
  • Technical analysis
  • Create Surgut quote
  • Reply for requirements by excel sheet
  • Commercial analysis
  • Analyze quotes
  • Awarding
  • Create PO


  • Negotiation configuration
  • Requirement list
  • Notification subscription
  • Negotiation Terms and Conditions
  • Negotiation Styles
  • Reusable Invitation Lists

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