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YES ASSET Sub inventory flag can be unchecked for that sub inventory provided.

• There is no onhand PRESENT in that sub inventory. If present you need to ISSUE out and change the flag and receive those back.
• There is no accounting details’ PENDING in inventory like transaction happened but costing is not yet done.

Yes Asset Sub inventory flag can be unchecked for that sub inventory provided.

The LIST of time zones and their other details can be FOUND from below 2 TABLES.

fnd_timezones_b, fnd_timezones_tl.

The list of time zones and their other details can be found from below 2 tables.

fnd_timezones_b, fnd_timezones_tl.

• If ITEM is not resolvable
• If SUB inventory ALLOW RESERVATION is not ALLOWED
• If Item is lot controlled and lot is expired

Physical inventory can be PERFORMED, whenever there is a need to verify the accuracy of system on-hand quantities. This can be done for entire organization or can be CONFINED to a specific sub inventory.

Steps to perform physical inventory:

• DEFINE physical inventory
• Take a snapshot of system on-hand quantities
• Generate physical inventory tags
• Enter counts
• Do physical inventory adjustments by approving or rejecting
• Post adjustments
• Purge physical inventory INFORMATION

Physical inventory can be performed, whenever there is a need to verify the accuracy of system on-hand quantities. This can be done for entire organization or can be confined to a specific sub inventory.

Steps to perform physical inventory:

Cycle Counting is a process of periodic counting of individual item / all the items throughout the course of the year to ensure the accuracy of inventory quantities and values.

We can do the cycle counting at ORGANIZATION / Sub Inventory LEVEL.

Cycle count is used to:

To reconcile system on-hand balances with actual COUNTS in inventory.

Maintain control over the items that have higher VALUE.

Cycle Counting is a process of periodic counting of individual item / all the items throughout the course of the year to ensure the accuracy of inventory quantities and values.

We can do the cycle counting at Organization / Sub Inventory Level.

Cycle count is used to:

To reconcile system on-hand balances with actual counts in inventory.

Maintain control over the items that have higher value.

Min-Max planning is a TOOL for planning inventory that looks at user-defined minimum and MAXIMUM inventory levels. It does not consider LEAD times.

We can PERFORM this technique at ORG level or sub inventory level.

Min-Max planning is a tool for planning inventory that looks at user-defined minimum and maximum inventory levels. It does not consider lead times.

We can perform this technique at org level or sub inventory level.

Reorder point planning uses demand forecasts to decide when to order a new QUANTITY to replenish inventory. Reorder point planning suggests a new order for an item when the available quantity (on-hand quantity plus planned receipts) drops below the item’s safety stock level plus FORECAST demand for the item during its replenishment lead-time. The suggested order quantity is an ECONOMIC order quantity that minimizes the total cost of ordering and carrying inventory. Oracle Inventory can automatically generate requisitions to inform your purchasing department that a replenishment order is required to supply your organization.

If the forecast is correct and the order arrives on time, the inventory level should be right at the safety stock level at the time of receipt. In cases where the desired safety stock level changes during the order lead time, Oracle Inventory uses the largest safety stock quantity during the lead-time.

When an order is triggered, the EOQ is the size of the triggered order.

EOQ = square root of: [(2 X ANNUAL demand X order cost) / (carrying cost percent X Unit cost)]

Oracle Inventory calculates annual demand as the current demand rate annualized by multiplying the current period demand forecast by the number of PERIODS per year (12 or 13).

Reorder point planning can be performed at the organization level only.

Reorder point planning uses demand forecasts to decide when to order a new quantity to replenish inventory. Reorder point planning suggests a new order for an item when the available quantity (on-hand quantity plus planned receipts) drops below the item’s safety stock level plus forecast demand for the item during its replenishment lead-time. The suggested order quantity is an economic order quantity that minimizes the total cost of ordering and carrying inventory. Oracle Inventory can automatically generate requisitions to inform your purchasing department that a replenishment order is required to supply your organization.

If the forecast is correct and the order arrives on time, the inventory level should be right at the safety stock level at the time of receipt. In cases where the desired safety stock level changes during the order lead time, Oracle Inventory uses the largest safety stock quantity during the lead-time.

When an order is triggered, the EOQ is the size of the triggered order.

EOQ = square root of: [(2 X annual demand X order cost) / (carrying cost percent X Unit cost)]

Oracle Inventory calculates annual demand as the current demand rate annualized by multiplying the current period demand forecast by the number of periods per year (12 or 13).

Reorder point planning can be performed at the organization level only.

When on-hand quantity + SUPPLY – demand is less than safety STOCK (safety stock is nothing but minimum INVENTORY level)

[On-hand quantity] + [supply] – [demand] < [MIN inventory level]

When on-hand quantity + supply – demand is less than safety stock (safety stock is nothing but minimum inventory level)

[On-hand quantity] + [supply] – [demand] < [min inventory level]

• Re-order POINT PLANNING
• Min-Max planning
• KANBAN cards
• Sub inventory REPLENISHMENT planning

CONSIGNMENT INVENTORY is inventory that is in the POSSESSION of the customer, but is STILL owned by the supplier. In other words, the supplier places some of his inventory in his customer’s possession (in their store or warehouse) and allows them to SELL or consume directly from his stock. The customer purchases the inventory only after he has resold or consumed it. The key benefit to the customer should be obvious; he does not have to tie up his capital in inventory. This does not mean that there are no inventory carrying costs for the customer; he does still incur costs related to storing and managing the inventory.

Consignment Inventory is inventory that is in the possession of the customer, but is still owned by the supplier. In other words, the supplier places some of his inventory in his customer’s possession (in their store or warehouse) and allows them to sell or consume directly from his stock. The customer purchases the inventory only after he has resold or consumed it. The key benefit to the customer should be obvious; he does not have to tie up his capital in inventory. This does not mean that there are no inventory carrying costs for the customer; he does still incur costs related to storing and managing the inventory.

ABC analysis DETERMINES the RELATIVE value of a group of inventory items BASED on a user specified VALUATION criterion.

This technique divides inventory into three categories A, B & C based on their annual consumption value.

It is also known as Selective Inventory Control METHOD (SIM).

ABC analysis determines the relative value of a group of inventory items based on a user specified valuation criterion.

This technique divides inventory into three categories A, B & C based on their annual consumption value.

It is also known as Selective Inventory Control Method (SIM).

• TYPE of PRODUCT
• Type of MANUFACTURE
• VOLUME of PRODUCTION

• To meet unforeseen future demand due to variation in forecast figures and actual figures.
• To average out demand fluctuations due to seasonal or cyclic variations.
• To meet the customer requirement timely, effectively, efficiently, smoothly and satisfactorily.
• To smoothen the PRODUCTION PROCESS.
• To FACILITATE intermittent production of several products on the same facility.
• To gain economy of production or purchase in lots.
• To reduce loss due to changes in prices of INVENTORY items.
• To meet the time LAG for transportation of goods.
• To meet the technological constraints of production/process.

INVENTORY Control is the process by which inventory is MEASURED and regulated according to predetermined norms such as economic LOT size for ORDER or production, safety STOCK, minimum level, maximum level, order level etc.

Inventory Control is the process by which inventory is measured and regulated according to predetermined norms such as economic lot size for order or production, safety stock, minimum level, maximum level, order level etc.

Cycle COUNT adjustment, Physical inventory adjustment, ADJUSTING inventory QUANTITY WITHIN an inventory ORGANIZATION and decrementing on-hand balances from a subinvemtory.

Cycle count adjustment, Physical inventory adjustment, adjusting inventory quantity within an inventory organization and decrementing on-hand balances from a subinvemtory.

A transaction type is a combination of a transaction SOURCE type and a transaction action. It is used to classify a particular transaction for reporting and querying PURPOSES.

Ex: SALES order ISSUE (txn type) + issue from stores (txn action) = sales order (txn source type).

Move order transfer (txn type) + sub inventory transfer (txn action) = move order (txn source type).

A transaction type is a combination of a transaction source type and a transaction action. It is used to classify a particular transaction for reporting and querying purposes.

Ex: Sales order issue (txn type) + issue from stores (txn action) = sales order (txn source type).

Move order transfer (txn type) + sub inventory transfer (txn action) = move order (txn source type).

A Transaction Source Type is defined as an entity against which Oracle Inventory charges a transaction.

The following transaction source types COME seeded with Oracle Inventory:

• Purchase Order
• ACCOUNT Alias
• Move Order
• Internal Order
• Standard Cost Update
• Internal REQUISITION
• Sales Order
• Cycle Count
• PERIODIC Cost Update
• Physical Inventory
• Account
• RMA (Return Material Authorization)
• Inventory
• JOB or Schedule

A Transaction Source Type is defined as an entity against which Oracle Inventory charges a transaction.

The following transaction source types come seeded with Oracle Inventory:

The following are the THREE components used in a transaction

• Transaction Source TYPE
• Transaction Action
• Transaction Type

A Transaction Source Type and a Transaction Action come TOGETHER to FORM a Transaction Type.

The following are the three components used in a transaction

A Transaction Source Type and a Transaction Action come together to form a Transaction Type.

Both these transactions are used for the movement of ITEMS from one sub inventory to the other. The difference is that move ORDER generates a pick SLIP and a sub inventory transfer doesn’t.

Move order requires ‘approval’. Also, move orders create allocations. So you can place hold on the material with the intention of PICKING it up a little later. In sub inventory transfer, there is no reservation / allocation.

Both these transactions are used for the movement of items from one sub inventory to the other. The difference is that move order generates a pick slip and a sub inventory transfer doesn’t.

Move order requires ‘approval’. Also, move orders create allocations. So you can place hold on the material with the intention of picking it up a little later. In sub inventory transfer, there is no reservation / allocation.

MISCELLANEOUS transaction: This transaction is used to do adjustments in stock due to damage, obsolescence, issuing ITEMS for R & D or issuing track ABLE expense items.

Sub inventory transfer: This transaction is used to transfer goods from ONE sub inventory to another within the same inventory organization.

InterORG transfer: This transaction is used to transfer goods from one inventory organization to another.

Receiving transaction: This transaction is used to move goods from receiving dock to specified sub inventory and locator.

Sales issue: This transaction is used to move goods from pick sub inventory to staged sub inventory.

WIP issue: This transaction is used to issue MATERIALS against production orders.

Miscellaneous transaction: This transaction is used to do adjustments in stock due to damage, obsolescence, issuing items for R & D or issuing track able expense items.

Sub inventory transfer: This transaction is used to transfer goods from one sub inventory to another within the same inventory organization.

InterORG transfer: This transaction is used to transfer goods from one inventory organization to another.

Receiving transaction: This transaction is used to move goods from receiving dock to specified sub inventory and locator.

Sales issue: This transaction is used to move goods from pick sub inventory to staged sub inventory.

WIP issue: This transaction is used to issue materials against production orders.

A transaction is an item movement WITHIN, into or out of inventory. A transaction CHANGES the quantity and location of an item.

The following are the different inventory transactions:

• Receive an item into an organization from GL account number.
• Issue an item from an organization into a GL account number.
• Transfer items from one SUB inventory to other in the same organization.
• Transfer of items between various inventory ORGANIZATIONS.
• Reservation of items.

A transaction is an item movement within, into or out of inventory. A transaction changes the quantity and location of an item.

The following are the different inventory transactions:

The VALUE INDICATES the priority with which we pick items from sub inventory or Locator, relative to another sub inventory or locator, where a given item RESIDES. A picking order of 1 means that order entry functions pick items from the sub inventory or locator before others with a higher number (such as 2,3 and so on).

The sub inventory order is defined in the sub inventory definition and the locator order is defined in the locator definition. The DEFAULT order for both the sub inventory and the locator are defined in the ORGANIZATION.

The value indicates the priority with which we pick items from sub inventory or Locator, relative to another sub inventory or locator, where a given item resides. A picking order of 1 means that order entry functions pick items from the sub inventory or locator before others with a higher number (such as 2,3 and so on).

The sub inventory order is defined in the sub inventory definition and the locator order is defined in the locator definition. The default order for both the sub inventory and the locator are defined in the organization.

A revision is a particular version of an item, bill of material, or routing. Revision CONTROL is NORMALLY enabled for identifying a modified item. Item can be placed under revision control by CHECKING the box `Revision control` in INVENTORY tab while defining NEW item or for existing item. Base table for Item Revision is MTL_ITEM_REVISIONS.

A revision is a particular version of an item, bill of material, or routing. Revision control is normally enabled for identifying a modified item. Item can be placed under revision control by checking the box `Revision control` in Inventory tab while defining new item or for existing item. Base table for Item Revision is MTL_ITEM_REVISIONS.

MTL_MATERIAL_TRANSACTIONS

MTL_TRANSACTIONS_INTERFACE

MTL_MATERIAL_TRANSACTIONS_TEMP

MTL_TRANSACTION_ACCOUNTS

MTL_MATERIAL_TRANSACTIONS

MTL_TRANSACTIONS_INTERFACE

MTL_MATERIAL_TRANSACTIONS_TEMP

MTL_TRANSACTION_ACCOUNTS

An inter-organization shipping network describes the RELATIONSHIPS and accounting information between a shipping organization and a destination organization. You MUST define a shipping network between two organizations before you can transfer material between organizations. When you set up a shipping network you must select a transfer type: Intransit or Direct.

In TRANSIT: Oracle Inventory moves material to an intermediary state before it reaches the destination organization. After the material arrives at the destination organization, you will need a receipt transaction to RETRIEVE it. If in transit is selected, you can define.

Shipping Methods, GL Accounts to use in transit, Material ownership during transfer, Planning lead times and Transfer Charges.

Direct: Oracle Inventory moves the material directly to the destination organization. However, for both transfer types, you can determine DEFAULT receipt routing and whether internal orders are required to transfer material.

An inter-organization shipping network describes the relationships and accounting information between a shipping organization and a destination organization. You must define a shipping network between two organizations before you can transfer material between organizations. When you set up a shipping network you must select a transfer type: Intransit or Direct.

In transit: Oracle Inventory moves material to an intermediary state before it reaches the destination organization. After the material arrives at the destination organization, you will need a receipt transaction to retrieve it. If in transit is selected, you can define.

Shipping Methods, GL Accounts to use in transit, Material ownership during transfer, Planning lead times and Transfer Charges.

Direct: Oracle Inventory moves the material directly to the destination organization. However, for both transfer types, you can determine default receipt routing and whether internal orders are required to transfer material.

Shipping methods are the way you ship material. When you CREATE a shipping METHOD, you MUST enable it before you can use it in a shipping NETWORK. If you disable a shipping method, it cannot be used in a shipping network.

Shipping methods are the way you ship material. When you create a shipping method, you must enable it before you can use it in a shipping network. If you disable a shipping method, it cannot be used in a shipping network.

The unit of measure (UOM) helps us count the number of items involved in a transaction or the number of items that are stored in a sub inventory or a locator.

UOM classes let you group DIFFERENT UMO’s into ONE category. Eg, quantity COULD be UOM classes under which each, dozen, LOT etc are separate UOM’s.

The unit of measure (UOM) helps us count the number of items involved in a transaction or the number of items that are stored in a sub inventory or a locator.

UOM classes let you group different UMO’s into one category. Eg, quantity could be UOM classes under which each, dozen, lot etc are separate UOM’s.

A category is a LOGICAL classification of items that have similar characteristics.

A category set is a distinct grouping scheme and consists of multiple categories. An ITEM can belong to any NUMBER of category sets. We can assign item to one category WITHIN each category set. The categories can be RETRIEVED from the table ‘MTL_CATEGORIES_B‘ and item category set from ‘MTL_CATEGORY_SETS_B’.

A category is a logical classification of items that have similar characteristics.

A category set is a distinct grouping scheme and consists of multiple categories. An item can belong to any number of category sets. We can assign item to one category within each category set. The categories can be retrieved from the table ‘MTL_CATEGORIES_B‘ and item category set from ‘MTL_CATEGORY_SETS_B’.

An Item template is a set of attributes that enable the user to quickly create an Item. You can use the EXISTING TEMPLATES are you can create your CUSTOM template.

An Item template is a set of attributes that enable the user to quickly create an Item. You can use the existing templates are you can create your custom template.

Item attributes are the COLLECTION of information about an item. These are used to store SPECIFIC characteristics of an item, such as item status, unit of measure, REVISION control, etc. these can be controlled at either the MASTER or the organization level. These attributes are stored in a table NAMED MTL_ITEM_ATTRIBUTES.

Item attributes are the collection of information about an item. These are used to store specific characteristics of an item, such as item status, unit of measure, revision control, etc. these can be controlled at either the master or the organization level. These attributes are stored in a table named MTL_ITEM_ATTRIBUTES.

• Create an item in the item master FORM.
• Copy the template from the tools menu to assign specific attributes to the item and save it.
• Assign the item to a category from tools menu and save your WORK.
• Select organization assignment from tools menu and assign the item to different inventory ORGANIZATIONS by ticking the CHECKBOX NEXT to the inventory organizations.

Oracle Inventory PROVIDES the following FLEX fields:

• System ITEMS
• Item Catalogs
• Item Categories
• Stock Locators
• ACCOUNT Alias 
• SALES Order

Oracle Inventory provides the following flex fields:

Locators are structures within sub inventories. Locators are the third level in the ENTERPRISE structuring scheme of Oracle Inventory. Locators may represent rows, racks, or BINS in WAREHOUSES. You can transact items into and out of locators. You can restrict the life of locators, establish CAPACITY of a specific locator in weight or units, as well as specify dimensions which define a locator’s capacity by volume.

Locators are structures within sub inventories. Locators are the third level in the enterprise structuring scheme of Oracle Inventory. Locators may represent rows, racks, or bins in warehouses. You can transact items into and out of locators. You can restrict the life of locators, establish capacity of a specific locator in weight or units, as well as specify dimensions which define a locator’s capacity by volume.

MTL_SECONDARY_INVENTORIES

MTL_ITEM_SUB_INVENTORIES

MTL_SECONDARY_INVENTORIES

MTL_ITEM_SUB_INVENTORIES

• Subinventiries are unique physical or logical separations of material inventory. These can be RAW material, finished GOODS or defective material sub inventory. You must define at least one sub inventory. Sub inventories are of two types: storage and receiving.
• Storage sub inventories are intermediate or final put away locations for material. Material that resides in a storage sub inventory appears in on hand quantity, and is TRACKED by the SYSTEM. The system can book orders against, and use manufacturing processes on material that resides in a storage sub inventory. You must define at least one storage sub inventory for your implementation.
• Receiving type sub inventory is only used for receiving items. Items in this sub inventories cannot be on-hand or RESERVED.

It is a facility which will enable you to store and TRANSACT the items. It can be a MANUFACTURING unit, ware house, distribution CENTER ETC.

It is a facility which will enable you to store and transact the items. It can be a manufacturing unit, ware house, distribution center etc.

An ITEM master ORGANIZATION is a logical ENTITY where you define the item. After you define an item in the item master, you can assign it to any NUMBER of other organizations.

An item master organization is a logical entity where you define the item. After you define an item in the item master, you can assign it to any number of other organizations.

• An item is a part or services where you can PURCHASE, SELL, PLAN, Manufacture, Stock, Distribute and Prototype.
• Items can ALSO be containers for items as well as components you build into other items.

Mainly 2 types Linear (1 DIMENSIONAL) and MATRIX (2D).

Mainly 2 types Linear (1 dimensional) and Matrix (2D).

After you define your rules, you must SET up a strategy and then associate the applicable rules. After you ASSIGN rules to a strategy, the rules engine can EXECUTE the strategies on any objects to which the strategy applies. The rules engine EXECUTES each subsequent rule in your strategy until an allocation is completely filled.

After you define your rules, you must set up a strategy and then associate the applicable rules. After you assign rules to a strategy, the rules engine can execute the strategies on any objects to which the strategy applies. The rules engine executes each subsequent rule in your strategy until an allocation is completely filled.

The Rules workbench ENABLES you to assign STRATEGIES, rules and cost group values DIRECTLY to any NUMBER of objects in an assignment MATRIX.

The Rules workbench enables you to assign strategies, rules and cost group values directly to any number of objects in an assignment matrix.

Warehouse Management (WMS) ENABLES companies to maximize their utilization of LABOR, space and equipment investments by COORDINATING and optimizing resource usage and material flows. Specifically designed to support the needs of distribution, manufacturing, asset-intensive, and service BUSINESSES, Oracle WMS provides a single-platform across your entire global supply chain.

Warehouse Management (WMS) enables companies to maximize their utilization of labor, space and equipment investments by coordinating and optimizing resource usage and material flows. Specifically designed to support the needs of distribution, manufacturing, asset-intensive, and service businesses, Oracle WMS provides a single-platform across your entire global supply chain.

YES we can CHANGE the NAME in MASTER LEVEL.

Yes we can change the name in master level.

TRANSACTION manager is the interface MANAGERS which CARRY out all transaction once SUBMITTED by the users.

Transaction manager is the interface managers which carry out all transaction once submitted by the users.

We can setup locator control in 4 diff WAYS for each sub INVENTORY:

None: There will not be any locator information required during any TRANSACTION.

Prespecified: System will ask you to select locator combinations which already been defined in the sub inventory during the transaction.

Dynamic Entry: Either you can select any locator during transaction or you can CREATE a new combination.

Item Level: This will take the locator which has been defined at item attribute level.

We can setup locator control in 4 diff ways for each sub inventory:

None: There will not be any locator information required during any transaction.

Prespecified: System will ask you to select locator combinations which already been defined in the sub inventory during the transaction.

Dynamic Entry: Either you can select any locator during transaction or you can create a new combination.

Item Level: This will take the locator which has been defined at item attribute level.

Serial CONTROL can be setup at ITEM ATTRIBUTES at organization level.

No Control, At Receipt, At Sales ORDER issue, Predefined.

Serial control can be setup at item attributes at organization level.

No Control, At Receipt, At Sales Order issue, Predefined.

Serial CONTROL can be SETUP at item ATTRIBUTES at organization LEVEL.

Serial control can be setup at item attributes at organization level.

You can GENERATE NEW LOT NUMBERS during TRANSACTIONS.

You can generate new Lot numbers during transactions.

LOT control can be setup at item attributes at organization LEVEL.

EITHER No Control or FULL Control.

Lot control can be setup at item attributes at organization level.

Either No Control or Full Control.

YES. If you will not create any specific master ORG, then system will consider the same INV org as its master org.

Yes. If you will not create any specific master org, then system will consider the same inv org as its master org.