Practice for 1z0-1073-24 Inventory 2024 Certification V1

🌟 Oracle Inventory Cloud: 1Z0-1073-24 Certification Practice Course 🌟

Welcome to the comprehensive Oracle Inventory Cloud course designed to prepare you for the 1Z0-1073-24 certification exam! This course, led by the expert Facundo B, will guide you through the intricacies of implementing and managing inventory within the Oracle ecosystem. Whether you're an IT professional or aspiring to be one, this course will equip you with the knowledge and skills needed to master inventory management and transaction processing.

Implementing Enterprise Structures

• 🏭 Design Fundamental Enterprise Structures: Learn how to establish the foundational structures of an enterprise within Oracle Inventory Cloud, ensuring a solid framework for your operations.
• ⚖️ Understand Legal Entities: Gain insights into the role and importance of legal entities in your system, and how they impact inventory management.
• 👥 Set Up Inventory Organization: Master the process of setting up an inventory organization, tailored to your enterprise's specific needs.
• 🚀 Model Managerial & Functional Structures: Discover how to model the managerial and functional structures of an enterprise, aligning them with Oracle's system capabilities.
• 📋 Describe Item and Cost Organizations: Learn about different item and cost organizations and their relevance in your inventory management strategy.

Creating Inventory Transactions

• ✅ Sub Inventory Transfer & Miscellaneous Transactions: Understand how to create transactions that cater to various inventory movements, including sub inventories.
• 🤝 Interorganizational Transactions: Dive into the process of handling interorganizational transactions and their implications on your inventory system.
• 📊 Summarize Movement Requests: Learn how to summarize movement requests effectively, ensuring accurate tracking of inventory changes.
• ✍️ Create Transfer Orders & Receipts: Get hands-on with creating transfer orders and receipts within the Oracle system.
• 🔄 Explain Relationship between Discrete Manufacturing & Inventory Transactions: Explore the relationship between discrete manufacturing processes and inventory transactions for seamless integration.
• 📦 Execute Picking Processes: Master the picking process to ensure accurate fulfillment of orders within Oracle Inventory Cloud.

Setting Up Advanced Inventory Transactions

• ⏱️ Material Status Control Setup: Learn how to set up material status control for effective inventory management.
• 🔎 Create Lot &/or Serial Controlled Transactions: Understand the nuances of creating transactions for lot and serial number controlled items.
• 📈 Review Inventory Balances & Item Availability: Gain skills in reviewing and analyzing inventory balances and item availability within Oracle.
• 🔒 Inventory Reservations: Discover how to outline inventory reservations for effective resource allocation and management.
• 🛠️ Project-Specific Inventory Transactions: Learn the specifics of creating inventory transactions tailored to individual projects.

Understanding Consigned Inventory from a Supplier

• 📫 Illustrate the Consignment Process: Understand the consignment process and its implications on inventory management within Oracle.
• ⬅️ Create Consumption Advice: Learn how to create consumption advice for consigned inventory, ensuring accurate tracking of usage and replenishment.
• 🔄 Ownership Transfers & Return from a Consignment Perspective: Explore the processes involved in ownership transfers and returns within the context of consignment.

Executing Back-to-Back Process

• 🔄 Apply Back-To-Back Process Flow: Understand the back-to-back process flow and its importance in inventory management.
• ❌ Manage Exceptions in Back-To-Back Process Flow: Learn how to effectively manage exceptions during the back-to-back process.

Maintaining Inventory Replenishment

• 🔄 Run Min-Max Plan: Discover how to run a min-max plan for inventory replenishment, optimizing your stock levels and minimizing overstock or shortages.
• 📊 Set Up Min-Max Planning: Learn the ins and outs of setting up min-max planning in Oracle Inventory Cloud.
• ✿ Outline PAR Location Management: Understand how to manage Par (Pick, Account, Replenish) locations for efficient inventory management.

Configuring Inventory Counts

• 🔄 Generate Cycle Count: Master the process of generating cycle counts within Oracle Inventory Cloud to maintain accurate inventory records.
• 📈 Configure Physical Inventory: Learn the steps required to configure physical inventories, ensuring a match between system records and actual stock levels.

Implementing Supply Chain Orchestration

• 🚀 Illustrate Capabilities of Supply Chain Orchestration: Explore the capabilities of Oracle's Supply Chain Orchestration and how it can transform your supply chain operations.
• 📊 Analyze & Manage Business Flows and Exceptions: Dive into analyzing and managing business flows, as well as handling exceptions within the supply chain.

Integration & Data Migration

• 🔗 Integrate with External Systems: Learn how to integrate Oracle Inventory Cloud with external systems for seamless data flow and enhanced operational efficiency.
• 📁 Data Migration Best Practices: Understand the best practices for data migration to ensure a smooth transition to Oracle Inventory Cloud.

Join us on this comprehensive journey through the features, capabilities, and best practices of Oracle Inventory Cloud. This course is designed to equip you with the knowledge and skills necessary to leverage the full power of Oracle's inventory management system, setting you up for success in managing your company's inventory with confidence. Don't miss out on this opportunity to elevate your inventory management capabilities!