Oracle Inventory Management
Oracle Inventory Management is part of the supply chain management solution and integrates seamlessly with other supply chain management applications, including Oracle Warehouse Management, Oracle Mobile Supply Chain Applications, Oracle Order Management, Oracle Purchasing, Oracle Discrete Manufacturing, Oracle Process Manufacturing, and Oracle Cost Management.
Oracle Inventory Management allows organizations to consolidate their disparate inventory tracking and control systems into a single, global inventory management solution for material in every stage of the product or production lifecycle as well as for different business types.
This chapter describes the following test flows in Oracle Inventory Management:
- Inventory Miscellaneous Receipt
- Inventory Miscellaneous Issue
- Move Order Requisition of Type Move Order Issue with Automatic Allocation
- Direct Transfer between Two Inventory Organizations
- Inventory Intransit Shipment with Direct Receipt between Two Inventory Organizations
- Inventory Sub-inventory Transfer
- Perform Cycle Counting
- Perform Physical Inventory
- Kanban Replenishment
- Min- Max Planning
- Replenishment Count
- Standard PO Partial Receipt with Immediate Mode
- Positive Correction Transactions
- Return to Vendor from Inventory Transactions
- Material Issue through Sales Order
- RMA Direct Receipt
- Organization (M1) with Non WMS and Non Process Manufacturing options enabled.
- Open cost periods for corresponding transaction dates.
Table 31-1 Profile Options for Oracle Inventory Management
| Profile Name | Profile Value | Level |
|---|---|---|
| TP:INV Transaction processing mode | On-line processing | Site |
| RCV: Processing Mode | Immediate | Site |
Table 31-2 Predefined Data for Oracle Inventory Management
| Window Name | Field Name | Field Value |
|---|---|---|
| Organization Parameters | Organization Code | M1 |
| Templates | Template | Purchased Item template |
Table 31-3 Setup Data for Oracle Inventory Management
| Window Name | Field Name | Field Value |
|---|---|---|
| Inventory Accounting Periods | Period or Status | 'Open' (Current month period should be opened) |
31.1 Inventory Miscellaneous Receipt
Miscellaneous receipts are used to receive material from general accounts ledger into the current organization. This feature can be used to perform receipts of items that were acquired by means other than a purchase order.Prerequisites
- Transactable inventory item.
- If the item is locator enabled, sub inventory used is also locator enabled.
Not applicable.
Predefined Data
Not applicable.
Setup Data
Not applicable.
31.2 Inventory Miscellaneous Issue
Miscellaneous Issue is used to issue material from general accounts ledger in the current organization. This feature can be used to issue items to individuals, departments, projects or to issue damaged goods to expense accounts such as scrap.Prerequisites
- Transactable inventory item.
Not applicable.
Predefined Data
Not applicable.
Setup Data
Not applicable.
31.3 Move Order Requisition of Type Move Order Issue with Automatic Allocation
Move order issue is used to issue material from a stock location in the organization. This transaction will check for sufficient material at the stock location, and on approval, will deliver the material to the destination location specified by the user. The material is automatically allocated for transfer from the source location.Prerequisites
- Reservable stock for the material.
Not applicable.
Predefined Data
Not applicable.
Setup Data
Not applicable.
31.4 Direct Transfer between Two Inventory Organizations
Direct transfer is used to transfer material from one inventory organization to another. In this type of transfer the receiving organization is not required to perform any operation to receive the material. The material is transferred from the source to the destination organization as soon as the transaction is saved.Prerequisites
- Material is available at the source organization.
Not applicable.
Predefined Data
Not applicable.
Setup Data
Not applicable.
31.5 Inventory Intransit Shipment with Direct Receipt between Two Inventory Organizations
Inventory intransit shipment is used to transfer material from one inventory organization to another. For this type of transfer, the user creates a shipment from the source organization and saves it. The receiving organization is expected to create a receipt to receive the material. The creation of the receipt concludes the transfer.Prerequisites
- Material is available at the source organization.
Not applicable.
Predefined Data
Not applicable.
Setup Data
Not applicable.
31.6 Inventory Sub-inventory Transfer
Sub-inventory transfer is used to transfer material within the current organization between sub-inventories or between two locators within a sub-inventory. This transfer can be performed from an asset to expense sub-inventory and from a tracked to a non tracked sub-inventory.Prerequisites
- Material is available at the source sub-inventory.
Not applicable.
Predefined Data
Not applicable.
Setup Data
Not applicable.
31.7 Perform Cycle Counting
Cycle counting is used to check the inventory in a specific location that can be restricted to a particular sub-inventory. Cycle counting is performed in a specific location that can be restricted to a particular sub inventory.Prerequisites
None.
Profile Options
Not applicable.
Predefined Data
Not applicable.
Setup Data
Not applicable.
31.8 Perform Physical Inventory
Physical inventory is used to check and update the system with the actual on hand inventory. Snapshots are taken of the system inventory values and cross checked with the actual on hand quantity. Reconciliation is performed based on the difference.During this activity the system will not prevent the user from performing inventory transactions.
Prerequisites
None.
Profile Options
Not applicable.
Predefined Data
Not applicable.
Setup Data
Not applicable.
31.9 Kanban Replenishment
Kanban replenishment is a pull based replenishment to be used on items with a fairly constant demand and high production volume. A Kanban item is defined along with the pull sequence to indicate from where the replenishment will take place. A color card can be used to serve as a trigger to start the replenishment. It is a means of supporting pull-based replenishment in manufacturing systems, which can be replenished from an external supplier or an internal organization.Prerequisites
None.
Profile Options
Not applicable.
Predefined Data
Not applicable.
Setup Data
Not applicable.
31.10 Min-Max Planning
Min-max planning maintains inventory levels, or sub-inventory level, for all of the items or selected items. With min-max planning, minimum and maximum inventory levels can be specified for the items. When the inventory level, or sub-inventory level, for an item (on-hand quantities plus quantities on order) drops below the minimum, Oracle Inventory suggests a new purchase requisition, internal requisition, move order, or job to bring the balance back up to the maximum.Prerequisites
None.
Profile Options
Not applicable.
Predefined Data
Not applicable.
Setup Data
Not applicable.
31.11 Replenishment Count
Replenishment count is used to plan and create requisition orders for items that need to be replenished. Verify the replenishment count when the order quantity and the maximum ordered quantity are defined for the item.Prerequisites
- Replenishment count can only be used at the sub-inventory level.
- Item-sub-inventory relationship.
Not applicable.
Predefined Data
Not applicable.
Setup Data
Not applicable.
31.12 Standard PO Partial Receipt with Immediate Mode
A standard purchase order is used to receive material from a supplier to the inventory organization. The user creates a purchase order and sends it for approval. After approval the material is shipped to the organization. The receiving organization creates a receipt for the material. During receipt the receiver can choose to receive a partial quantity.Prerequisites
- Receiving sub-inventory for receipt of material.
Not applicable.
Predefined Data
Not applicable.
Setup Data
Not applicable.
31.13 Positive Correction Transactions
Positive correction transactions are used for purchase orders. This feature permits the user to increase the quantity on a receipt for a previously received order.Prerequisites
- Purchase order receipt.
Not applicable.
Predefined Data
Not applicable.
Setup Data
Not applicable.
31.14 Return to Vendor from Inventory Transactions
Return to vendor feature is used when the receiver wants to return the goods previously received through a purchase order. After receipt of a purchase order, if any goods are to be returned, a return to vendor transaction is created and the goods are sent back to the supplier of the purchase order.Prerequisites
- Purchase order receipt.
Not applicable.
Predefined Data
Not applicable.
Setup Data
Not applicable.
31.15 Material Issue through Sales Order
Sales order is used to ship goods to the customer. During the outbound flow, the user creates a sales order. Based on the availability of the goods, the sales order is booked and released. Material is allocated against this sales order and then shipped out to the customer.Prerequisites
- Reservable and transactable quantity in the inventory location.
Not applicable.
Predefined Data
Not applicable.
Setup Data
Not applicable.
31.16 RMA Direct Receipt
Return material authorization (RMA) is used when the customer, to whom goods have been previously sold, wants to return the goods. These are the goods for which a sales order was previously created. When the goods are returned at the receiving dock, an RMA is created. A receipt is made against this RMA to acknowledge the returned goods.Prerequisites
- Sales Order that was previously shipped.
Not applicable.
Predefined Data
Not applicable.
Setup Data
Not applicable.
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