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EncartaLabs

Oracle Inventory

( Duration: 2 Days )

This Oracle Inventory training course provides the knowledge to use Oracle 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.

By attending Oracle Inventory workshop, delegates will learn 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 stock-takes and adjustments arising as a result of these
  • Transfer bookkeeping entries from Inventory to General Ledger

  • Knowledge of the inventory process in your organisation. Knowledge of Oracle Navigation would be advantageous.

The Oracle Inventory class is ideal for:

  • End users working either within a Finance department or in stores or equivalent areas.

COURSE AGENDA

1

Course Introduction

2

Overview Of Oracle Inventory

  • 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
3

Inventory Set Up And Maintenance

  • 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
4

Item Set Up And Maintenance

  • 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
5

Inventory Transactions

  • Inventory Transactions
  • Account Alias Transactions
  • Account Transactions
  • Sub-Inventory Transfers
  • Locating Inventory Transactions
  • Checking Stock Availability
6

Receipts Returns And Corrections

  • 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
7

Min - Max Planning

  • 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
8

Reorder Point Planning

  • 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
9

Replenishment Counting

  • Generating a Replenishment Count
  • Purging Replenishment Counts
10

Physical Inventory

  • Defining a Physical Inventory
  • Generating Physical Tags
  • Printing the Tag Report
  • Entering Counts
  • Voiding Tags
  • Approving Adjustments
  • Posting Adjustments
  • Purging Physical Inventory
11

ABC Classification

  • Reasons for ABC Classification
  • ABC Analysis Setup
  • Define an ABC Compile
12

Cycle Counting

  • 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

Encarta Labs Advantage

  • One Stop Corporate Training Solution Providers for over 6,000 various courses on a variety of subjects
  • All courses are delivered by Industry Veterans
  • Get jumpstarted from newbie to production ready in a matter of few days
  • Trained more than 50,000 Corporate executives across the Globe
  • All our trainings are conducted in workshop mode with more focus on hands-on sessions

View our other course offerings by visiting https://www.encartalabs.com/course-catalogue-all.php

Contact us for delivering this course as a public/open-house workshop/online training for a group of 10+ candidates.

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