What functionality is available with Oracle Inventory Management Cloud?

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.

Are there any pre-requisites for Oracle Inventory Management Cloud?

In order to utilize features such as cost accounting, intercompany accounting, or intrastat reporting, a subscription to Oracle Financials Cloud is also required. To take advantage of features such as back-to-back, contract manufacturing, drop shipment, subscriptions to Order Management, Global Order Promising, Manufacturing, Procurement, and Planning Central may also be required.

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.

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

No, min-max replenishment does not require Oracle Supply Chain 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.

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 new concepts and capabilities. While there are some differences, Oracle Inventory Management Cloud supports similar business requirements that 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
  • Physical flow of materials is independent from the financial flow
  • Flexible cost management models
  • Intuitive user interfaces embedded with analytics to guide users to work that needs to be done

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.

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 with other ERPs, however it is not supported out of the box.

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, ideate to commercialize, source to settle, and plan to produce that also provide a depth of functionality and capabilities in the cloud.

What costing methods are supported?

Flexible inventory transaction costing is supported at various levels by all costing methods (standard, average, 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.

Is there a way to integrate with 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.

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.

Is embedded inventory quality inspection supported?

Yes. Inventory Management Cloud supports simple inspections or can leverage robust quality collection plans via Oracle Quality Management Cloud.

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. Typical coexistence scenarios for inventory companies are:
  • Move corporate financials and indirect procurement to the cloud first, and then order management, manufacturing, and planning.
  • 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.
  • Migrate your warehouses to Oracle WMS Cloud and then to the entire Cloud Suite.
Contact your Oracle sales representative for more information.

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.

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.

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. Users are able to set individual language preferences. Contact your Oracle sales representative for more information.

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, analyses, key performance indicators (KPIs), and dashboards for individuals or shared across your organization. The flexible, integrated operational reports use real-time transactional data and let you include ad hoc reporting capabilities.

Use KPI infolets to proactively monitor your warehouse operation. At a glance, view balances, fulfillment activities, and receiving activities, and drill directly to the transactions to take action.

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. Oracle Inventory Management Cloud reporting can also be used to export data in a flat-file format.

What integration points are available in Oracle Inventory Management Cloud?

Inventory Management Cloud offers many integrations and more are added with each release. These can be used for performing inventory transactions such as receiving, material management, cycle counts, etc. For a complete list of integration options, you can visit our on-line documentation site for Oracle Supply Chain Management Cloud.

How secure is my data?

Oracle Cloud keeps your data completely isolated from that of other companies. Oracle Cloud also offers 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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