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R12.x Overview of Oracle Inventory

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Objectives

After completing this module, you should be able to:• Describe the overall inventory process from receipt to

issue.• Discuss the key integration points between Oracle

Inventory and other Oracle applications.

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Overview of Oracle Inventory

What is inventory?

Spare parts

Finished goods Services

Raw materialsConsigned inventory

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Inventory Capabilities

AS18947

Define part numbers Define organization structures

AS18947 = 1000 on-hand

Track on-hand Inventory Plan material replenishment

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Inventory Capabilities

Reserve material

Issue material Forecast demand

Maintain inventory accuracy

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Receipt to Issue Life Cycle

Receive inventory Issue inventoryTransfer inventory

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Receiving Inventory

Purchasing Work in process

Inventory

Receiving

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Quiz

You can use only Oracle Purchasing to receive material into your organization:

a. True

b. False

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Receiving Inventory

Types of Inventory Receipts• Receipt and Deliver (Direct)• Receipt then Deliver (Standard)• Inspection

– Receipt– Inspect– Deliver

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Transferring Inventory

Transfer

Inventory Shipping

Work in Process Order Management

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Issuing Inventory

InventoryPurchasing

Work in Process Order Management

Issuing

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Quiz

Oracle Order Management can generate an inventory issue through:

a. Deliveries.

b. Internal orders.

c. Sales orders.

d. Catalog sales.

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Oracle Inventory Application Integration

• Oracle Project Manufacturing

• Oracle Flow Manufacturing• Oracle Advanced Supply

Chain Planning / Global Order Promising

• Oracle Warehouse Management

• Oracle Purchasing• Oracle Order Management• Oracle Engineering• Oracle Work in Process• Oracle Cost Management• Oracle Landed Cost

Management• Oracle Field Service• Oracle Bills of Material

Oracle Inventory Integrates with the following applications:

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Oracle Assets

OraclePayables

OracleGeneral Ledger

Oracle Inventory

ExternalSystems

Oracle Landed Cost Management

Oracle Cost Management

Integration of Oracle Inventory to Financial Applications

OracleReceiveables

Oracle Landed Cost Management (LCM) enables you to determine the real costs (such as insurance, transportation, handling, storage costs, container fees, and import or export charges) associated with acquiring items.

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Summary

In this lesson, you should have learned how to:• Explain Oracle Inventory and how it fits into your business.• Explain the receipt to issue process.• Discuss how Oracle Inventory integrates with other Oracle

applications.