Topics of Oracle 1z0-1073-20: Oracle Inventory Cloud 2020 Implementation Essentials Exam

The Oracle 1z0-1073-20 exam tests the abilities and knowledge of the candidates by checking the following objectives:

Enterprise Structures, Legal Authorities, and Jurisdiction

• Explain the fundamental structures for an enterprise
• Configure an Enterprise Structure using the Configuration Workbench
• Explain Jurisdictions and Legal Authorities

Legal Entities

• Design and Enterprise Configuration
• Explain legal entities and their role within the system

Reporting Structures

• Configure a Shared Service Structure within an Enterprise Structure
• Explain how security relates to reporting structures
• Model a Financial Reporting Structure
• Explain General Ledger set up
• Model a Business Unit within an Enterprise Structure
• Explain management reporting structures

Cost Centers, Departments, Facilities, and Reference Data

• Describe Cost Organizations
• Model an Item Organization setup
• Explain the sharing methods available for reference data
• Explain Cost Centers and Departments
• Explain Reference Data Sets

Inventory Transactions

• Explain Transfer Types
• Create a Subinventory Transfer
• Explain the relationship between Discrete Manufacturing and Inventory Transactions
• Create a Miscellaneous Transaction
• Create a Movement Request
• Create an Inter organization Transaction
• Perform a Pick Slip confirmation
• Perform a PO Receipt

Advanced Inventory Transactions

• Implement lot and/or serial control
• Create Inventory Reservations
• Explain how Material Status Control affects transactions
• Explain Item Availability types
• Create Material Statuses
• Perform lot and/or serial controlled transaction

Consigned Inventory from a Supplier

• Create Consumption Advice
• Explain the Consignment Process
• Perform a return for Consigned material
• Explain Ownership Transfers from a Consignment perspective

Back to Back Processing

• Apply the Back to Back process flow
• Explain Reservations with Back to Back processing
• Manage exceptions in the Back to Back process flow

Plan Inventory Replenishment

• Explain how Min-Max Reorder Quantities are calculated and rounded
• Explain PAR Location Management
• Set up the min-max related item and item subinventory‒level attributes
• Run a Min-Max Plan
• Explain the different types of supply requests generated from min-max planning

Inventory Counts

• Perform a Physical Inventory
• Explain how cycle counts are generated
• Create a Manual Cycle Count
• Explain the different types of Inventory Counting Methods
• Explain how physical inventory adjustments affect the inventory balances

Supply Chain Orchestration Overview

• Explain the capabilities of supply chain orchestration
• Configure the invocation of external Supply Chain Execution systems
• Describe the Supply Lines Work Area and Supply Line Statuses
• Configure the advanced fulfillment configurations for Contract Manufacturing - Processing
• Configure advanced fulfillment configurations for Back Back Order Processing

Supply Lines and Exceptions

• Manage supply request exceptions
• Analyze and manage the making flow within Supply Chain Orchestration
• Analyze and manage the material request flow within Supply Chain Orchestration
• Analyze and manage the buy flow within Supply Chain Orchestration

Data Integration Approaches

• Import on-hand balances via the ADF Desktop Integration
• Import Transfer Orders via the ADF Desktop Integration

Costing and Inventory Foundations

• Describe Managerial Accounting Basics
• Explain Common Inventory Configurations
• Explain Cost Accounting

Project Specific Inventory

• Receive Project-Specific Inventory
• Pick Project-Specific Inventory

Transfer Project-Specific Inventory

• Inventory Transactions and Inventory Balances
• Receipt and Shipment Process
• Integrate with 3PL and Warehouse Management Systems

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Introduction

Oracle, based in California, is an American multinational Information Technology company. Oracle is an international company that develops software applications for business. To help enterprises develop their operations, Oracle provides a variety of cloud-based applications and systems as well as hardware and services. Data management, business analytics, IT operations management, enterprise resource planning, security, and emerging technologies are the focus of Oracle's applications. Oracle is best known for its cloud software and technology. Oracle Cloud, a relational Database Management System (DBMS), is one of the most popular corporate database products.

Oracle also develops and builds tools and technologies for database management systems for middle-tier applications, Human Capital Management systems (HCM), Customer Relationship Management systems (CRM), Enterprise Resource Planning systems (ERP), and Supply Chain Management systems (SCM). Oracle Database commonly known as Oracle Database Management System (DBMS) is a multi-model database management system. It is a widely used database to run tasks for Data warehousing and Online Transaction processing databases. Different service providers make Oracle Database accessible on cloud, premises, or a hybrid cloud installation.

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Reference: https://education.oracle.com/oracle-inventory-cloud-2020-implementation-essentials/pexam_1Z0-1073-20

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