1Z0-1023 Oracle Inventory Management and Enterprise Structures Cloud 2018 Implementation Essentials

Exam Title: Oracle Inventory Management and Enterprise Structures Cloud 2018 Implementation Essentials
Exam Number: 1Z0-1023
Exam Price: $245.00 More on exam pricing
Format:  Multiple Choice
Duration: 120 Minutes
Number of Questions: 73
Passing Score: 67%
Validated Against:  This exam has been validated against 18B. (Previous version of this exam was validated against R13, and originally R12 in 2017)

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Additional Preparation and Information
A combination of Oracle training and hands-on experience (attained via labs and/or field experience) provides the best preparation for passing the exam.

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

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

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

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

Plan Inventory Replenishment
Run a Min-Max Plan
Explain how Min-Max Reorder Quantities are calculated and rounded
Set up min-max related item and item subinventory‒level attributes
Explain the different types of supply requests generated from min-max planning
(NEW for R13) Explain PAR Location Management

Material Management and Logistics
Explain the Warehouse Operations Key Performance Indicators
Analyze and manage Warehouse Operations

Supply Lines and Exceptions
Analyze and manage the material request flow within Supply Chain Orchestration
Analyze and manage the make flow within Supply Chain Orchestration
Analyze and manage the buy flow within Supply Chain Orchestration
Manage supply request exceptions

Legal Entities
Explain legal entities and their role within the system
Design an Enterprise Configuration

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

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

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

Inventory Counts
Explain the different types of Inventory Counting Methods
Create a Manual Cycle Count
Explain how cycle counts are generated
Perform a Physical Inventory
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 advanced fulfillment configurations for Back to Back Order Processing
Configure the advanced fulfillment configurations for Contract Manufacturing Processing

Data Integration Approaches
Import on-hand balances via the ADF Desktop Integration
Import subinventories via the ADF Desktop Integration
Import Transfer Orders via the ADF Desktop Integration

Question: 1
Identify the availability type that is applicable for the item quantities maintained in a unit of measure different from the primary unit of measure and is available for various transactions.

A. On Hand
B. Secondary On-hand Quantity
C. available
D. Reserved
E. Secondary Available Quantity

Answer: A

Question: 2
You set up an Item organization and an inventory organization as part of your customor’s requirement.
Your customer has, by mistake, performed a receipt transaction in the Item organization Instead of the inventory organization. How will you rectify the error?

A. Perform a return of item and receive the item again in the correct organization.
B. Perform a correct receipt transaction and receive the item in the correct organization.
C. Perform a new receipt in the correct organization and retain the stock in Item organization because it does not affect any other operation.
D. It is not possible to receive item in the item organization.

Answer: D

Question: 3
An inventory transaction is imported to the system through an FBDI template.
Which transaction state denotes that an inventory transaction is created in the Oracle Cloud Inventory Management application?

A. Created
B. New
C. Validated
D. Deferred
E. Staged

Answer: C
 

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