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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

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

Legal Entities

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

Reporting Structures

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

Cost Centers, Departments, Facilities, and Reference Data

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

Inventory Transactions

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

Advanced Inventory Transactions

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

Consigned Inventory from a Supplier

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

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

Plan Inventory Replenishment

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

Inventory Counts

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

Supply Chain Orchestration Overview

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

Supply Lines and Exceptions

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

Data Integration Approaches

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

Costing and Inventory Foundations

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

Project Specific Inventory

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

Transfer Project-Specific Inventory

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

How to Prepare for Oracle 1z0-1073-20: Oracle Inventory Cloud 2020 Implementation Essentials Exam

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

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