Oracle Fusion Cloud SCM Inventory R13 Implementation(Latest)

Unlock the power of Oracle Fusion SCM Cloud Inventory with this comprehensive implementation course! Designed by Oracle Cloud Solution Architect Mr. Chandra, with 22 years of Oracle ERP experience and 10 years specializing in Oracle Cloud Finance, SCM, and HCM, this course provides expert guidance on setting up and managing your inventory effectively.

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Oracle Fusion SCM Inventory (INV) Module: Implementation & Transactions

This course dives deep into the Oracle Fusion SCM Cloud Inventory Module (INV), covering essential setups and transactions for optimal inventory management.

Oracle Fusion Inventory (INV) Setups

Master the foundational configurations for a robust inventory system:

• Location Management: Learn to create and manage facilities, define facility shifts, establish facility workday patterns, and configure facility schedules.
• Master Organization & Item Organization: Understand master organization creation, item organization creation, and manage life cycle phases for your inventory.
• Item Class & Security: Configure item class, implement robust security measures, and manage data security within the inventory module.
• Template Creation: Develop reusable template creation for streamlined item setup.
• Item Creation & Assignment: Learn to create and assign items effectively.
• Unit of Measure (UOM): Configure UOM and UOM classes for accurate measurement.
• Item Catalogs & Categories: Establish item catalogs and item categories for organized inventory management.
• Asset & Expense Items: Manage asset items and expense items within the inventory system.
• Sub-Inventories: Utilize sub-inventories and leverage features like nettable, depreciable, and quantity tracked capabilities.
• Item Attributes: Define item defining attributes, status attributes, and create attribute groups with customizable status codes.
• Item Types & Relationships: Understand different item types and establish item relationships for comprehensive inventory tracking.

Inventory Material Transfers

Streamline material movement within your organization:

• Miscellaneous Receipt & Issue: Manage miscellaneous receipts and miscellaneous issues efficiently.
• Transaction Review: Implement processes for reviewing completed transactions.
• OHQ Transaction Source & Types: Configure OHQ transaction sources and define transaction types.
• Account Aliases: Utilize account aliases for flexible financial tracking.
• Transfer Management: Manage transfer sub-inventories, define picking rules, and create movement requests.
• Item Transaction Defaults: Set item transaction defaults for automated processing.
• Inter-Organization Transfers: Handle direct inter-organization transfers and in-transit transfers.

Inventory Controls

Maintain accuracy and control over your inventory:

• Serial & Lot Control: Implement serial control and lot control for traceability.
• Organizational Control: Manage organizational controlled and master controlled attributes.
• Revision Control: Utilize revision control for managing item variations.
• Locator Control: Implement locator control for precise inventory location tracking.
• Material Status Control: Manage material status control to track inventory lifecycle.
• Locator Restriction & Sub-Inventory Restriction: Apply locator restrictions and sub-inventory restrictions for enhanced control.

Inventory Replenishments

Optimize inventory levels with effective replenishment strategies:

• Min-Max Setup: Configure min-max setup at the organization level for sourcing.
• Supplier Sourcing: Implement min-max planning for supplier sourcing.
• Sub-Inventory Sourcing: Utilize min-max planning for sub-inventory sourcing.
• Transfer Order: Create and manage transfer orders for replenishment.

Inventory Accuracy Methods

Ensure data integrity through accurate inventory tracking:

• ABC Analysis: Implement ABC analysis for prioritizing inventory management efforts.
• Cyclic Counting: Utilize cyclic counting for regular inventory verification.
• Physical Inventory: Conduct physical inventory counts for accurate stocktaking.