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Oracle Fusion Cloud Procurement 2023 Implementation Professional - Delta Sample Questions (Q54-Q59):
NEW QUESTION # 54
Which of the following is an objective of Portal Setup and Maintenance in Oracle Fusion Cloud Procurement implementation?
Answer: B
Explanation:
Portal setup and maintenance in Oracle Fusion Cloud Procurement encompasses various objectives. Defining user roles and permissions ensures that users have the appropriate access to procurement-related information based on their roles. Configuring the supplier portal allows suppliers to access self-service functionalities and collaborate with the organization. Setting up approval workflows ensures that purchase requisitions and purchase orders follow the desired approval process. All of these objectives contribute to effective procurement management.
NEW QUESTION # 55
What is the advantage of using Punch Out catalogs in Oracle Fusion Cloud Procurement?
Answer: D
Explanation:
By using Punch Out catalogs, suppliers can manage their catalogs directly within the procurement system, eliminating the need for manual catalog uploads and updates. This reduces manual effort for both suppliers and buyers, streamlining the catalog management process.
NEW QUESTION # 56
In an implementation, the Purchase Requisition users are requesting that they want to receive the purchase orders created for their requisitions. Identify the functionality related to this requirement in Cloud Procurement:
Answer: B
NEW QUESTION # 57
Which procurement application is used for creating and submitting purchase requests?
Answer: B
Explanation:
The Requisition application is used for creating and submitting purchase requests. It enables employees to request goods or services needed for their job roles. Once a requisition is submitted, it goes through an approval process before a purchase order is created.
NEW QUESTION # 58
Which of the following strategies can be utilized in Oracle Fusion Cloud Sourcing to encourage competition and obtain lower prices?
Answer: C
Explanation:
To encourage competition and obtain lower prices in Oracle Fusion Cloud Sourcing, various strategies can be utilized. Running a reverse auction allows suppliers to compete against each other in real-time, thereby driving prices down. Implementing a sealed bid process enables suppliers to submit their best offers without knowing the offers of other bidders, encouraging competitive pricing. Using multi-round negotiations facilitates iterative discussions with suppliers, resulting in improved terms and lower prices. Employing all of these strategies can maximize the opportunities for cost savings and value optimization in sourcing activities.
NEW QUESTION # 59
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