Topics of Oracle 1z0-1073-20: Oracle Inventory Cloud 2020 Implementation Essentials Exam

The Oracle 1z0-1073-20 exam tests the abilities and knowledge of the candidates by checking the following objectives:

Enterprise Structures, Legal Authorities, and Jurisdiction

• Explain the fundamental structures for an enterprise
• Explain Jurisdictions and Legal Authorities
• Configure an Enterprise Structure using the Configuration Workbench

Legal Entities

• Design and Enterprise Configuration
• Explain legal entities and their role within the system

Reporting Structures

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

Cost Centers, Departments, Facilities, and Reference Data

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

Inventory Transactions

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

Advanced Inventory Transactions

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

Consigned Inventory from a Supplier

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

Back to Back Processing

• Manage exceptions in the Back to Back process flow
• Explain Reservations with Back to Back processing
• Apply the Back to Back process flow

Plan Inventory Replenishment

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

Inventory Counts

• Perform a Physical Inventory
• Create a Manual Cycle Count
• Explain how physical inventory adjustments affect the inventory balances
• Explain the different types of Inventory Counting Methods
• Explain how cycle counts are generated

Supply Chain Orchestration Overview

• Configure the advanced fulfillment configurations for Contract Manufacturing - Processing
• Explain the capabilities of supply chain orchestration
• Configure advanced fulfillment configurations for Back Back Order Processing
• Configure the invocation of external Supply Chain Execution systems
• Describe the Supply Lines Work Area and Supply Line Statuses

Supply Lines and Exceptions

• Manage supply request exceptions
• Analyze and manage the making flow within Supply Chain Orchestration
• Analyze and manage the buy flow within Supply Chain Orchestration
• Analyze and manage the material request flow within Supply Chain Orchestration

Data Integration Approaches

• Import on-hand balances via the ADF Desktop Integration
• Import Transfer Orders via the ADF Desktop Integration

Costing and Inventory Foundations

• Explain Cost Accounting
• Explain Common Inventory Configurations
• Describe Managerial Accounting Basics

Project Specific Inventory

• Receive Project-Specific Inventory
• Pick Project-Specific Inventory

Transfer Project-Specific Inventory

• Integrate with 3PL and Warehouse Management Systems
• Receipt and Shipment Process
• Inventory Transactions and Inventory Balances

Reference: https://education.oracle.com/oracle-inventory-cloud-2020-implementation-essentials/pexam_1Z0-1073-20

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Introduction

Oracle, based in California, is an American multinational Information Technology company. Oracle is an international company that develops software applications for business. To help enterprises develop their operations, Oracle provides a variety of cloud-based applications and systems as well as hardware and services. Data management, business analytics, IT operations management, enterprise resource planning, security, and emerging technologies are the focus of Oracle's applications. Oracle is best known for its cloud software and technology. Oracle Cloud, a relational Database Management System (DBMS), is one of the most popular corporate database products.

Oracle also develops and builds tools and technologies for database management systems for middle-tier applications, Human Capital Management systems (HCM), Customer Relationship Management systems (CRM), Enterprise Resource Planning systems (ERP), and Supply Chain Management systems (SCM). Oracle Database commonly known as Oracle Database Management System (DBMS) is a multi-model database management system. It is a widely used database to run tasks for Data warehousing and Online Transaction processing databases. Different service providers make Oracle Database accessible on cloud, premises, or a hybrid cloud installation.

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