FAQ

Inventory Management

What is Oracle Inventory Management Cloud Service?

Oracle Inventory Management Cloud Service offers a complete materials management solution comprised of Inventory Management, Cost Management, Financial Orchestration, and Supply Chain Orchestration.
  • Inventory Management enables companies to successfully manage the flow of goods—inbound, within the warehouse, and outbound.
  • Cost Management allows cost professionals to capture, track, and analyze costs associated with inventory items as they move through the supply chain.
  • Financial Orchestration allows companies to automate the financial flow execution for internal trade between parties independently from the physical movement of goods and fulfillment of services.
  • Supply Chain Orchestration enables companies to execute complex business processes, such as back-to-back and contract manufacturing. It automates change management and gives a 360-degree visibility into the supply-creation process.

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What functionality is available with Oracle Inventory Management Cloud?

The following functionality is available with Oracle Inventory Management Cloud:
  • Receiving
  • Inventory
  • Shipping
  • Cost Management
  • Supply Chain Orchestration
  • Supply Chain Financial Orchestration
More details on our Oracle Inventory Management Cloud solutions can be found at Oracle Inventory Management Cloud.

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What functionality is available as part of Inventory?

Oracle Inventory Management Cloud offers a complete materials management solution that enables companies to successfully manage the flow of goods—inbound, within the warehouse or stocking location, and outbound.
 
Cost Management allows cost professionals to capture, track, and analyze costs associated with inventory items as they move through the supply chain.
 
Supply Chain Financial Orchestration allows companies to automate the financial flow execution for internal trade between parties independently from the physical movement of goods and fulfillment of services.
 
Supply Chain Orchestration enables you to execute complex business processes, such as back-to-back and contract manufacturing.  It automates change management and gives you 360-degree visibility into the supply-creation process.
 
Together, these products form Oracle Inventory Management Cloud Service.

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Are there any prerequisites for Oracle Inventory Management Cloud Service?

In order to utilize features such as cost accounting, intercompany accounting or intrastate reporting, Oracle Financials Cloud must also be licensed.

To take advantage of features such as back-to-back, contract manufacturing, drop shipment, subscriptions to Order Management, Manufacturing, Procurement, and Planning may also be required.

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Is Oracle Supply Chain Planning Cloud available as part of the Oracle Inventory Management Cloud product?

While it is a key part of Oracle’s “Plan to Produce” solution, Oracle Supply Chain Planning Cloud is a separately priced product.

More details on our Oracle Supply Chain Planning Cloud solutions can be found at Oracle Supply Chain Planning Cloud.

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Do I need to subscribe/license Oracle Planning Cloud in order to take advantage of min-max replenishment?

No, min-max replenishment does not require Oracle Planning Cloud. It does require subscriptions to Procurement Cloud if you are replenishing from a supplier and Oracle Manufacturing Cloud if you are replenishing from production.

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What new features does Oracle Inventory Management Cloud offer that I don't already have in my current PeopleSoft or Oracle E-Business Suite installation?

Oracle Inventory Management Cloud leverages ideas from Oracle E-Business Suite, PeopleSoft, and JD Edwards as well as some new ideas. While there are some differences, Oracle Inventory Management Cloud supports the same functions you are used to with those products. Some additional advantages are:
  • Orchestration of complex business processes like drop ship, back-to-back, and contract manufacturing
  • Ability to separate the physical flow of materials from the financial flow
  • Flexible cost management models
  • Intuitive user interfaces embedded with analytics to guide users to work that needs to be done

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Will I be able to customize the business processes and define new ones in Supply Chain Orchestration?

Initially, we only support seeded business processes such as back-to-back, contract manufacturing, and internal material transfers. Certain business process settings such as those in the internal material transfers process, however, are configurable.

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Does Supply Chain Orchestration support other execution systems such as Oracle E-Business Suite, JD Edwards, or PeopleSoft?

The delivered product can be customized to integrate to other ERPs, however it is not supported out of the box.

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What are the key benefits gained by using Oracle Inventory Management Cloud?

Oracle Inventory Management Cloud is intuitive, configurable, adaptable, and built on open standards. The solution is easy to buy, easy to implement, and easy to use. It has been designed to guide managers and users to identify work to be done and easily perform transactions.

Oracle SCM Cloud is uniquely positioned to offer you a broad set of end-to-end solutions for all of your business flows, including order to cash, innovation to commercialization, source to settle, and plan to produce that also provide a depth of functionality and capabilities in the cloud.

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What costing methods are supported?

Flexible inventory transaction costing is supported at various levels by all costing methods (standard, average, and actual-FIFO) or even multiple simultaneous costs—one for your official external reporting, and one for your internal management reporting. Landed Cost management is also supported.

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Is there a way to integrate to third party logistics providers?

Yes, Oracle Inventory Management Cloud offers a set of integrations to communicate requests to ship, notifications of expected receipts and shipment confirmations, receipt confirmations, and other types of inventory transactions.

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Are Configured to Order Items supported?

Yes. With Oracle’s configure-to-order features, you can streamline configuration management and deploy an efficient build-or-purchase-to-customer-demand solution with the shortest possible fulfillment cycle times. Capture a configured customer order and automatically create and reserve a work order, purchase order or transfer order, or simply reserve to a matching, on-hand configuration. The system manages changes to supply and demand automatically, and alerts you to exceptions when they occur.

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Is embedded inventory quality inspection supported?

This is planned for a future release but receipt inspections are available for purchase orders, transfer orders, and customer returns.

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What is coexistence and how does it work?

Coexistence simply means using selected applications from the Oracle Cloud along with core installations of Oracle E-Business Suite, JD Edwards, PeopleSoft, and other ERPs. Coexistence allows you to continue to leverage your existing investments while taking advantage of business benefits of the Oracle SCM Cloud. Two typical coexistence scenarios for inventory companies are:
  1. Move corporate financials and indirect procurement to the cloud first, and then order management, manufacturing, and planning.
  2. Migrate one division at a time with the entire Cloud Suite—Financials, Order Management, Procurement, Inventory, Manufacturing, and Planning—while leaving the rest of the business on the existing ERP.
Contact your Oracle sales representative for more information.

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Does coexistence work for third-party systems like SAP?

Yes. Coexistence is possible for any core ERP/SCM system, but there is no prebuilt integration available at this time. Oracle has global partners who can perform this work for you. Contact your Oracle sales representative for more information.

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Will Oracle Inventory Management Cloud be offered in only one time zone, or will you have multiple locations for support?

Oracle Inventory Management Cloud is offered globally and supported globally. Oracle Cloud includes Oracle’s award-winning Global Customer Support through multiple options, including Click-to-Chat, Community Forums, and My Oracle Support.

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What languages are supported in Oracle Inventory Management Cloud?

We already provide more than 30 language translations in our Oracle Inventory Management Cloud solutions today and continue to expand translation coverage with each release. Your users are able to set individual language preferences. Please contact your Oracle sales representative for more information.

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What reporting or Business Intelligence is available when running Oracle Inventory Management Cloud?

All Oracle Cloud applications are delivered on top of a framework for you to create custom reports. The flexible, integrated operational reports use real-time transactional data and let you include ad-hoc reporting capabilities.

Additionally, Business Intelligence and Predictive Analytics are woven into the fabric of your business processes so that you can work naturally and intuitively. Information is embedded on key pages and in transactional flows throughout Oracle Inventory Management Cloud and linked directly to transactions and other decision points. Each screen shows additional pieces of relevant information that users can use to make decisions and maximize their productivity.

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What options does Oracle Inventory Management Cloud provide to integrate data into and out of the platform?

The Oracle Inventory Management Cloud platform provides a rich set of integration toolsets that can be used by the customer to exchange data between the Oracle Inventory Management Cloud and any third-party system. These toolsets support real-time integration via web services, and bulk data styles of integration via flat-files and spreadsheets. If a customer chooses to engage Oracle to implement the integration, Oracle Professional Services (for an additional fee) also provides standard integration packages to import/export common data into and out of Oracle Inventory Management Cloud. Oracle Inventory Management Cloud reporting can also be used to export data in a flat-file format.

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What integration points are available in Oracle Inventory Management Cloud?

Inventory Management Cloud offers many integrations and we are adding more with each release. These can be used for performing inventory transactions such as receiving, inventory transactions, cycle counts, etc. For a complete list of integration options, you can visit the Oracle Enterprise Repository.

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How secure is my data?

Oracle Cloud keeps your data completely isolated from that of other companies. Oracle Cloud services also offer market-leading security features, including encryption, virus scan, and whitelist support. Oracle Cloud data centers offer embassy-grade physical and logical security. The services employ management controls, operational controls, and technical controls, and are aligned with the security framework of ISO (International Organization for Standardization) and IEC (International Electrotechnical Commission), specifically ISO/IEC 27002:2005, Code of Practice for Information Security Management, and ISO/IEC 27001:2005 standards.

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