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Test Number : 1Z0-1007
Test Name : Oracle Procurement Cloud 2018 Implementation Essentials
Vendor Name : Oracle
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Exam Title : Oracle Procurement Cloud 2018 Implementation Essentials
Exam ID : 1Z0-1007
Exam Duration : 120 minutes
Questions in test : 83
Passing Score : 60%
Format : Multiple Choice Questions (MCQ)
Exam Center : Pearson VUE
Real Questions : Oracle Procurement Cloud 2018 Certified Implementation Specialist (OCS)
Recommended Practice : 1Z0-1007 Online VCE Practice Test

Procurement Application Overview - Explain Procurement architecture and components
- Explain simplified Procure to Pay flow
- Explain Procurement applications integration 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 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 provider Supplier Portal - Explain objectives, Portal Setup, and maintenance
- Create Portal Registration, provider Provisioning, and Default Roles
- Explain provider business classification, internal and external provider registrations 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 Procurement Contract - Configure a Contract Terms Library
- Create Contract Terms, Procurement Contract, Approvals, and Contract Fulfillment 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 Common Procurement - Manage provider configuration and provider site assignment
- Define Payment Terms, UOM, Carriers, and Hazard Clauses
- Define a provider Business classification lookup, provider Products, and the Services hierarchy
- Create Freight Lookups, purchasing profile options, and Approved provider List statuses 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 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 provider Qualification requirements can be captured during negotiations provider 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



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Oracle Implementation questions

Tech and health companies come together to create a ‘digital COVID-19 vaccine passport’ | 1Z0-1007 boot camp and Question Bank

(picture by Arek Socha from Pixabay )

A consortium of technology and fitness enterprises - including Oracle and Salesforce - have come together to work on developing a common mannequin for enterprises administering COVID-19 vaccines to make the immunisation records accessible in an attainable, interoperable, digital format. 

simply put, the Vaccination Credential Initiative (VCI) is engaged on growing digital immunisation passports, for those that have obtained one of the most COVID-19 vaccines. That being talked about, the alliance has additionally spoke of that those with out a smartphone may acquire paper printed types with QR codes as an alternative. 

The COVID-19 pandemic has gripped the world, limiting movement, work, relationships and broader freedoms. With international locations beginning to roll out accessible vaccines, it changed into inevitable that some governments and companies should be brooding about how to determine those who have received the vaccine and those that haven't. 

nowadays they now have heard how a big plumbing company within the UK has stated that it is going to require its personnel to deliver proof of vaccination in an effort to return to work. 

these panic with the coalition consist of VARIN Alliance, Cerner, trade Healthcare, The Commons mission groundwork, Epic, Evernorth, Mayo clinic, MITRE, Oracle, protected health and Salesforce. 

VCI states that the latest vaccination record device does not easily assist easy entry, manage and sharing of verifiable vaccination records. It is asking to permit digital entry to vaccination statistics - by the use of digital wallets, similar to Google or Apple Pay - using the interoperable wise health playing cards specification, in accordance with W3C Verifiable Credential and HL7 FHIR necessities. 

The design desires for these standards consist of: 

  • aiding an end-to-conclusion workflow where clients get hold of and current primary healthcare statistics

  • Enabling workflow with open requirements

  • supporting powerful cryptographic signatures

  • supporting binding credentials to keys saved on a person's gadget

  • Enabling privateness retaining facts displays for particular use circumstances

  • just this week they spoke with Salesforce's Chief scientific Officer about how enterprises are the usage of information all through the COVID-19 pandemic, the place she claimed that if that statistics is abused, then those organizations will face a "reckoning". 

    the respect and introduction of ‘vaccine passports' is probably going to lift critical ethical questions, despite the fact. elsewhere, the eu is set to debate the thought, with many state leaders wary. 

    Paul Meyer, CEO of The Commons assignment basis, talked about: 

    The aim of the Vaccination Credential Initiative is to empower people with digital entry to their vaccination facts in order to use equipment like CommonPass to securely return to trip, work, college, and existence, whereas maintaining their information privacy. 

    Open standards and interoperability are on the coronary heart of VCI's efforts and they appear forward to supporting the realm health corporation and different international stakeholders in implementing and scaling open international standards for fitness records interoperability.

    Mike Sicilia, govt vice chairman of Oracle's international business units, noted that digital entry to vaccination records may be "vital to resuming commute and more", whilst invoice Patterson, EVP and GM of CRM purposes at Salesforce, noted that the initiative will "aid us all get returned to public existence".

    ethical concerns

    A digital vaccine passport with at ease access to health facts could be compelling for many governments and businesses, as they seem to be to find the right way to return life to typical and kickstart economies. With clear evidence of getting got a COVID-19 vaccine, americans may in idea return to work, travel, socialise and go about their lives as ‘general', without the risk of inflicting further spikes in an infection. 

    besides the fact that children, privacy corporations will probably talk out in opposition t the move and there are some critical ethical issues to take note of. 

    for example, there is normally considerations that a digital vaccine passport - due to the fact that it's going to on the whole be moved to allow the flow and expertise tracking of people (venue check ins, etc) - erodes primary privateness rights. people were greater inclined to share their records with firms all over the COVID-19 crisis, but whether that angle will persist is still to be considered. 

    not most effective this, but organisations and international locations should believe what precedents they may well be atmosphere. Sharing fitness assistance simply by means of digital passports - some thing that would had been regarded Orwellian just a short few months in the past - must be carefully scrutinised. 

    furthermore, realizing, having facts of and sharing your ‘COVID-19 reputation' could lead to further discrimination in society - creating a tiered device of who's ‘safe' and who is never. This might be peculiarly troubling in societies the place access to a free vaccine by means of accepted healthcare is restricted. 

    One educational paper notes, for instance, that individuals living with HIV are subjected to restrictions on entering, dwelling and working in certain international locations with legal guidelines that impinge on the rights of those from sexual and gender minorities. The lengthy-term penalties of documenting (albeit digitally) your COVID-19 fame should be thought via. 

    My take

    effectively put, at the same time as vaccine passports present a big probability to allow freedoms which have been sorely overlooked all through the COVID-19 disaster, there are also a few ethical considerations that should be notion via in their implementation. This is never some thing that should be rushed so as to ‘get again to commonplace'. 


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