1 Copyright © 2010, Oracle and/or its affiliates. All rights reserved. R12.x Overview of Oracle Inventory

Copyright © 2010, Oracle and/or its affiliates. All rights reserved 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.

Copyright © 2010, Oracle and/or its affiliates. All rights reserved Overview of Oracle Inventory What is inventory? Spare parts Finished goodsServices Raw materials Consigned inventory

Copyright © 2010, Oracle and/or its affiliates. All rights reserved Inventory Capabilities AS18947 Define part numbersDefine organization structures AS18947 = 1000 on-hand Track on-hand InventoryPlan material replenishment

Copyright © 2010, Oracle and/or its affiliates. All rights reserved Inventory Capabilities Reserve material Issue materialForecast demand Maintain inventory accuracy

Copyright © 2010, Oracle and/or its affiliates. All rights reserved Receipt to Issue Life Cycle Receive inventoryIssue inventory Transfer inventory

Copyright © 2010, Oracle and/or its affiliates. All rights reserved Receiving Inventory PurchasingWork in process Inventory Receiving

Copyright © 2010, Oracle and/or its affiliates. All rights reserved Quiz You can use only Oracle Purchasing to receive material into your organization: a.True b.False

Copyright © 2010, Oracle and/or its affiliates. All rights reserved Receiving Inventory Types of Inventory Receipts Receipt and Deliver (Direct) Receipt then Deliver (Standard) Inspection –Receipt –Inspect –Deliver

Copyright © 2010, Oracle and/or its affiliates. All rights reserved Transferring Inventory Transfer InventoryShipping Work in Process Order Management

Copyright © 2010, Oracle and/or its affiliates. All rights reserved Issuing Inventory InventoryPurchasing Work in ProcessOrder Management Issuing

Copyright © 2010, Oracle and/or its affiliates. All rights reserved Quiz Oracle Order Management can generate an inventory issue through: a.Deliveries. b.Internal orders. c.Sales orders. d.Catalog sales.

Copyright © 2010, Oracle and/or its affiliates. All rights reserved 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:

Copyright © 2010, Oracle and/or its affiliates. All rights reserved Oracle Assets Oracle Payables Oracle General Ledger Oracle Inventory External Systems Oracle Landed Cost Management Oracle Cost Management Integration of Oracle Inventory to Financial Applications Oracle Receiveables 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.

Copyright © 2010, Oracle and/or its affiliates. All rights reserved 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.