Oracle Inventory

This course is designed to give delegates the knowledge to use Oracle 11i Inventory for day to day transaction processing as well as activities such as managing stock levels, together with periodic processes such as stock-taking, cycle counting and updating stock records to agree with physical stock counts.  It provides a sound introduction to key elements of set up such as defining sub-inventories, locators and inventory items.

The delegate will practise:

• Setting up Inventory
• Maintaining Inventory
• Setting Up and Maintaining Items
• Locating Inventory Transactions
• Checking Stock Availability
• Receipting Returns and Writing off Damaged Goods
• Min / Max Planning
• Planning Reorder Point
• Replenishing Counting
• Defining and Maintaining a Physical Inventory
• Defining an ABC Compile

This Oracle Inventory course is designed for end users working either within a Finance department or in stores or equivalent areas.

By the end of this course delegates will be able to use Oracle Inventory to carry out daily tasks such as recording receipts and issues of stock , ensure the maintenance of appropriate stock levels, set up cycle counts and process periodic physical stocktakes and adjustments arising as a result of these.  Delegates will be shown how to transfer bookkeeping entries from Inventory to General Ledger.

Delegates should have knowledge of the inventory process within their own organisation.  Knowledge of Oracle Navigation would be advantageous.

• Oracle Purchasing (PO)
• Oracle Accounts Receivable

NOTE: Course technical content is subject to change without notice.

• Administration and Course Materials
• Course Structure and Agenda
• Delegate and Trainer Introductions

• Inventory Structure
• Organizations
• Locations
• Sub-Inventories
• Locators
• Units of Measure
• Categories
• Item Defining Attributes
• Default Category Set
• Items
• Inventory Transactions
• Material Workbench
• Inventory Planning and Replenishment
• Accounting Close Cycle
• ABC Analysis
• Cycle Counting
• Physical Inventory
• Inter-Company Invoicing

• Control and Inventory Organization
• Review Organization Parameters
• Limit Organization Parameters
• Limit Organization Access
• Create Sub-Inventories
• Define Units of Measure
• Define Unit of Measure Classes
• Define Unit of Measure Conversion
• Create Picking Rules
• Create Cross Reference Types

• Define Items at Master Level
• Item Attributes
• Main Attribute Group
• Inventory Attribute Group
• Bill of Material Attribute Group
• Costing Attribute Group
• Purchasing Attribute Group
• Receiving Attribute Group
• Physical Attribute Group
• General Planning Attribute Group
• Lead Times Attribute Group
• Inactive Items

• Inventory Transactions
• Account Alias Transactions
• Account Transactions
• Sub-Inventory Transfers
• Locating Inventory Transactions
• Checking Stock Availability

• Receipts Returns and Corrections
• Receipting Expected Stock Items
• Entering a Partial Receipt
• Receiving Unordered Goods
• Entering a Return
• Making Corrections to a Receipt
• Writing off Damaged Goods

• Organization Level Min - Max Planning
• Sub-Inventory Level Min - Max Planning
• Assigning Min - Max Levels at Sub-Inventory Level
• Running the Min - Max Planning Report

• Reorder Point Planning
• Setting up Items for Reorder Point Planning
• Generating a Demand Forecast
• Creating a Forecast Set
• Assigning Safety Stock
• Manually Define Safety Stock
• Calculate Safety Stock Based on Existing Forecast
• Running the Reorder Print Point Planning Report

• Generating a Replenishment Count
• Purging Replenishment Counts

• Defining a Physical Inventory
• Generating Physical Tags
• Printing the Tag Report
• Entering Counts
• Voiding Tags
• Approving Adjustments
• Posting Adjustments
• Purging Physical Inventory

• Reasons for ABC Classification
• ABC Analysis Setup
• Define an ABC Compile

• Set up a Cycle Count
• Define Cycle Count Classes
• Define Cycle Count Items
• Perform a Cycle Count
• View the Cycle Count Report
• Enter Cycle Counts
• Approve Cycle Count