1Z0-1065-24:Oracle Fusion Cloud Procurement 2024

1Z0-1065-24:Oracle Fusion Cloud Procurement 2024 Implementation Professional Certification Multiple-Choice Questions

1Z0-1065-24: Oracle Fusion Cloud Procurement 2024 Implementation Professional Certification Exam Practice Tests

Prepare to become an Oracle Fusion Cloud Procurement 2024 Implementation Professional with our comprehensive practice test course, designed specifically for the 1Z0-1065-24 Certification Exam. This course offers a robust set of tools to help you master the critical concepts and skills to implement Oracle Procurement Cloud solutions successfully.

What You Will Get:

• Realistic Practice Tests: Access a series of practice exams that mirror the actual certification exam format. Each test is designed to challenge your understanding of Oracle Fusion Procurement functionalities and ensure you are ready for the certification exam.

• Full Answers with Explanations: Each question in the practice tests comes with detailed explanations and references, providing insights into why a particular answer is correct or incorrect. This helps reinforce your knowledge and solidify your understanding of key concepts.

• Business Process Explanation: Gain a deep understanding of Oracle Fusion Procurement business processes, such as Purchase Order creation, Supplier Qualification, Sourcing, Contract Management, and Supplier Lifecycle Management. This thorough explanation of processes will help you apply practical knowledge in real-world scenarios.

• Screenshots from Oracle Fusion: Visual learners will benefit from detailed screenshots from the Oracle Fusion Cloud Procurement application. These visuals show step-by-step navigation and configurations for various procurement functions, making it easier to understand system setups and workflows.

• Exam Focus: The practice tests are aligned with the official exam objectives and topics, ensuring you focus on what matters most to pass the certification. Topics covered include procurement setup, purchasing transactions, approval workflows, procurement contracts, supplier negotiations, and more.

  
  

Who Should Enroll:

• Aspiring Oracle Cloud Procurement Professionals: Ideal for individuals preparing for the 1Z0-1065-24 certification exam and looking to validate their knowledge of Oracle Fusion Cloud Procurement solutions.

• Procurement Consultants: For consultants seeking to enhance their understanding of Oracle Procurement Cloud and to earn certification as an Oracle Implementation Specialist.

• Procurement Managers and Analysts: Professionals looking to deepen their expertise in Oracle Fusion Procurement and improve their organization's procurement processes.

Why Choose This Course?

• Comprehensive Explanations: Each topic is covered in detail, providing a thorough understanding of Oracle Fusion Cloud Procurement.

• Clear Screenshots: Visual aids enhance learning by illustrating concepts and processes directly from the Oracle Fusion interface.

• Detailed Answers: All questions are clarified, ensuring you grasp the material effectively.

• Practical Insights: Gain real-world examples and applications that reinforce key concepts.

• Beginner-Friendly: Step-by-step guidance makes complex topics accessible for learners at any level.

• Exam Preparation: The course is designed to thoroughly prepare you for the certification exam, increasing your chances of success.

Course Objectives:

1. Master the key functionalities and processes within Oracle Fusion Procurement, including supplier management, purchasing, sourcing, and contracts.

2. Become proficient in implementing and configuring Oracle Fusion Procurement solutions for real-world business needs.

3. Pass the 1Z0-1065-24 Certification Exam with confidence by practicing with realistic test questions and thorough explanations.

4. Understand how to navigate and use Oracle Fusion Procurement Cloud through step-by-step screenshots and detailed process walkthroughs.

5. Gain hands-on knowledge of business scenarios that demonstrate how Oracle Procurement Cloud supports organizational procurement goals.

Key Topics Covered:

• Procurement Setup and Configuration

• Self-Service Procurement

• Supplier Qualification Management

• Sourcing and Negotiation Processes

• Procurement Contracts and Agreements

• Approval Workflows and Procurement Policies

• Purchasing Transactions and Document Styles

  
  

Course Benefits:

• Interactive Learning: Test your knowledge with interactive quizzes that mimic the exam’s difficulty and format.

• Detailed Feedback: Learn from comprehensive explanations and Oracle Fusion screenshots to reinforce learning.

• Business Process Insight: Get a clear understanding of end-to-end procurement processes and how they function within Oracle Fusion.

This course will equip you with the tools, knowledge, and confidence to pass the 1Z0-1065-24: Oracle Fusion Cloud Procurement 2024 Implementation Professional Certification Exam and succeed as an implementation expert in the growing field of Oracle Cloud Procurement.

Review Exam Topics:

Procurement Application Overview

· Explain procurement concepts and components

· Explain the Procure-to-Pay flow

Implementing Fusion Functional Setup Manager

· Explain the application implementation lifecycle

· Manage a procurement implementation

Provisioning Common Functions

· Explain the various layers of enterprise structures

· Explain application security, job, roles, duty roles, and privileges

· Create business units, common payables and procurement options, and
approval management for procurement

Setting up Common Procurement Functions

· Manage supplier configuration and supplier site assignment

· Define Supplier Business Classification, Supplier Products and Services Category Hierarchy

· Manage common procurement setups

Setting up Purchasing

· Define purchase document configuration and document styles

· Assign business functions to business units

· Create line types, change orders, and assign procurement agents

· Set up Consigned Inventory from Supplier, Transaction Manager, Shared Service Center, B2B Communication

Setting up Self Service Procurement

· Explain Self Service Procurement

· Configure Self Service Procurement

· Set up catalogs

Setting up the Supplier Portal

· Explain Supplier Portal setup and maintenance

· Create Portal Registration, Supplier Provisioning, and Default Roles

· Set up supplier business classification, internal and external supplier registrations

Setting up Sourcing

· Explain sourcing configuration objectives

· Maintain negotiation styles and templates

· Set up sourcing configuration

· Maintain supplier negotiations

Setting up Supplier Qualification Management (SQM)

· Configure Questions, Qualification Areas, and Models

· Set up SQM processes and manage transactions

Configuring Procurement Contracts

· Configure a contract terms library

· Create contract terms, procurement contract, approvals, and contract fulfillment

Understanding Project-Driven Supply Chain (PDSC)

· Configure Project-Driven Supply Chain

Using AI capabilities in Procurement

· Understand how to leverage Oracle’s pervasive AI approach in Oracle Cloud Applications

· Describe the integration and application of AI within the Oracle SCM ecosystem

· Use AI in Spend Classification

· Use AI in Sourcing processes and supplier discovery