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Oracle 1Z0-1112-2 Exam Dumps

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Description

Exam Name: Oracle Procurement Business Process Foundations Associate Rel 2
Exam Code: 1Z0-1112-2
Related Certification(s): Oracle Foundation Certifications
Certification Provider: Oracle
Number of 1Z0-1112-2 practice questions in our database: 55 
Expected 1Z0-1112-2 Exam Topics, as suggested by Oracle :

  • Module 1: Oracle Procurement Cloud: This exam segment covers the whole Oracle Procurement Cloud platform for Cloud Administrators and Procurement Managers. It focusses on the primary characteristics, functions, and benefits of the cloud-based procurement system. Candidates’ comprehension of how Oracle Procurement Cloud unifies disparate procurement processes and enhances organizational efficiency will be evaluated.
  • Module 2: Purchasing: Examine Oracle Procurement Cloud’s purchasing module for procurement officers and purchasing specialists in this area. This covers all aspects of the purchasing process, including requisitions, purchase orders, and receipt production and management. Candidates’ experience with approval workflows, purchasing regulations, and best practices for Oracle Procurement Cloud will be taken into consideration while evaluating them.
  • Module 3: Requisition Lifecycle: This section covers the whole request lifetime for end users and request managers in the Oracle Procurement Cloud. It covers every step of the process, from the initial request creation to approval, sourcing, and conversion to purchase orders. Examinees will be evaluated on their comprehension of different types of requests, approval processes, and the overall process of managing requests.
  • Module 4: Purchase Order Lifecycle: For purchasing agents and procurement analysts, this domain examines the whole lifecycle of a purchase order in Oracle Procurement Cloud. It is possible to generate, approve, send, receive, acknowledge, and close purchase orders. It will be determined how well-versed the candidates are in change orders, PO kinds, and best practices for PO administration.
  • Module 5: Self-Service Receiving: The self-service receiving capability of Oracle Procurement Cloud for receiving staff and warehouse managers is covered in this section of the test. The primary subjects of this procedure are receiving products and services, creating receipts, and managing exceptions. We will evaluate the candidates’ understanding of the many types of receipts, receiving policies, and the receiving procedure overall.
  • Module 6: Supplier Profile: For procurement specialists and supplier relationship managers, this section looks at Oracle Procurement Cloud’s supplier profile management tools. It covers creating and maintaining supplier profiles, managing supplier information, and managing supplier data for procurement activities. Evaluations will be made of the candidates’ comprehension of supplier onboarding, profile maintenance, and qualification.
  • Module 7: Supplier Qualification:The supplier qualification procedure for procurement analysts and supplier quality managers using Oracle Procurement Cloud is the core topic of this domain. It covers supplier assessment, ongoing performance reviews, and qualification requirements. The candidates’ comprehension of supplier scorecard management, assessment forms, and qualification workflows will be evaluated.
  • Module 8: Sourcing: For Strategic Sourcing Managers and Procurement Officers, this part of the exam examines the sourcing capabilities of Oracle Procurement Cloud. It covers the entire sourcing process, including creating and managing sourcing events, evaluating responses, and awarding contracts. Candidates will be assessed on their knowledge of sourcing strategies, negotiation techniques, and best practices in Oracle Procurement Cloud.
  • Module 9: Procurement Contracts: For Contract Managers and Procurement Specialists, this section focuses on the contract management features within Oracle Procurement Cloud. It covers contract creation, approval, execution, and ongoing management. Candidates will be tested on their understanding of contract types, clauses, terms and conditions, and the overall contract lifecycle management process in Oracle Procurement Cloud.

Description

Exam Name: Oracle Procurement Business Process Foundations Associate Rel 2
Exam Code: 1Z0-1112-2
Related Certification(s): Oracle Foundation Certifications
Certification Provider: Oracle
Number of 1Z0-1112-2 practice questions in our database: 55 
Expected 1Z0-1112-2 Exam Topics, as suggested by Oracle :

  • Module 1: Oracle Procurement Cloud: This exam segment covers the whole Oracle Procurement Cloud platform for Cloud Administrators and Procurement Managers. It focusses on the primary characteristics, functions, and benefits of the cloud-based procurement system. Candidates’ comprehension of how Oracle Procurement Cloud unifies disparate procurement processes and enhances organizational efficiency will be evaluated.
  • Module 2: Purchasing: Examine Oracle Procurement Cloud’s purchasing module for procurement officers and purchasing specialists in this area. This covers all aspects of the purchasing process, including requisitions, purchase orders, and receipt production and management. Candidates’ experience with approval workflows, purchasing regulations, and best practices for Oracle Procurement Cloud will be taken into consideration while evaluating them.
  • Module 3: Requisition Lifecycle: This section covers the whole request lifetime for end users and request managers in the Oracle Procurement Cloud. It covers every step of the process, from the initial request creation to approval, sourcing, and conversion to purchase orders. Examinees will be evaluated on their comprehension of different types of requests, approval processes, and the overall process of managing requests.
  • Module 4: Purchase Order Lifecycle: For purchasing agents and procurement analysts, this domain examines the whole lifecycle of a purchase order in Oracle Procurement Cloud. It is possible to generate, approve, send, receive, acknowledge, and close purchase orders. It will be determined how well-versed the candidates are in change orders, PO kinds, and best practices for PO administration.
  • Module 5: Self-Service Receiving: The self-service receiving capability of Oracle Procurement Cloud for receiving staff and warehouse managers is covered in this section of the test. The primary subjects of this procedure are receiving products and services, creating receipts, and managing exceptions. We will evaluate the candidates’ understanding of the many types of receipts, receiving policies, and the receiving procedure overall.
  • Module 6: Supplier Profile: For procurement specialists and supplier relationship managers, this section looks at Oracle Procurement Cloud’s supplier profile management tools. It covers creating and maintaining supplier profiles, managing supplier information, and managing supplier data for procurement activities. Evaluations will be made of the candidates’ comprehension of supplier onboarding, profile maintenance, and qualification.
  • Module 7: Supplier Qualification:The supplier qualification procedure for procurement analysts and supplier quality managers using Oracle Procurement Cloud is the core topic of this domain. It covers supplier assessment, ongoing performance reviews, and qualification requirements. The candidates’ comprehension of supplier scorecard management, assessment forms, and qualification workflows will be evaluated.
  • Module 8: Sourcing: For Strategic Sourcing Managers and Procurement Officers, this part of the exam examines the sourcing capabilities of Oracle Procurement Cloud. It covers the entire sourcing process, including creating and managing sourcing events, evaluating responses, and awarding contracts. Candidates will be assessed on their knowledge of sourcing strategies, negotiation techniques, and best practices in Oracle Procurement Cloud.
  • Module 9: Procurement Contracts: For Contract Managers and Procurement Specialists, this section focuses on the contract management features within Oracle Procurement Cloud. It covers contract creation, approval, execution, and ongoing management. Candidates will be tested on their understanding of contract types, clauses, terms and conditions, and the overall contract lifecycle management process in Oracle Procurement Cloud.

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Q1. Identify THREE true statements about the Contract Creation process?

A.Contract can be optionally signed electronically

B. Contract is automatically validated upon submission

C. Contract terms library can be used to add and delete clauses

D. Contract needs approval before it is validated

Correct Answer: A, B, C

Q2. Identify two correct pairs of activity and the required job role

A.Submit responses to quotations - Supplier Bidder

B. Manage supplier contact - Supplier Administrator

C. Create and submit change request - Supplier Customer Service Representative

D. Approve change request - Supplier Self Service Administrator

Correct Answer: A, C

Q3. Which two pages provide risk score from DataFox Supplier Intelligence?

A.Manage Supplier

B. Manage Supplier Registration Request

C. Register Supplier

D. Create Initiative

Correct Answer: A, C

Q4. Which FOUR activities are part of the Supplier Registration to Supplier Performance lifecycle?

A.Initiate Sourcing Event

B. Management Enablement

C. Register Supplier

D. Optimize Supplier Portfolio

E. Activate Supplier Portal

F. Award Business

Correct Answer: B, C, D, E

Q5. Identify the THREE correct pairs of Oracle procurement business process and the related cloud module:

A.Receive Invoice to Payment - Financials

B. Requisition to Receipt - Self Service Procurement

C. Contract Creation to Spend Compliance - Supplier Qualification Management

D. Supplier Registration to Supplier Performance - Supplier Portal

E. Insight to Smart Sourcing - Procurement Contract

Correct Answer: A, B, D

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