Oracle Fusion Inventory Management is a complete materials management solution that enables companies to successfully manage inbound logistics, inventory, and outbound logistics. This ensures that the flow of material along with any associated storage is optimized to meet customer demand in a cost-effective manner. Fusion Cost Management, an advanced cost accounting solution, helps companies better manage product costing and inventory accounting business flows.
Preview
By the end of this training you will have learned:
Reduced inventory costs
Improve front end accuracy of account charging
Maintain transparency of cost accounting entries
Streamline inventory adjustments
Monitor overall inventory activity and prioritize tasks
Proactively address at-risk events
Course Contents
Day 1
Introduction to Inventory Management
Manage Inventory Transactions
Review Inventory Balances
Create Subinventory Transfer
Create Miscellaneous Transaction
Create Interorganization Transfer
Manage Movement Requests
Manage Pending Transactions
Manage Lots
Manage Serial Numbers
Reservations and Picks
Confirm Pick Slips
Day 2
Plan Inventory Replenishment
Explain Min-Max Planning
Min-Max Planning Report Parameters: Points to Consider
Min-Max Planning Replenishment Quantities: How They Are Calculated
Rounding the Reorder Quantity: How It Affects Min-Max Planning Reorder Calculations
Specifying the Fixed Lot Multiple: How It Affects Min-Max Planning Reorder
Calculations
Perform Cycle Counting
Cycle Counting: Explained
Create and Manage Cycle Counts
Generate Count Schedules
Generate Count Sequences
Import Count Sequences
Day 3
Perform Physical Inventory Count
Manage Physical Inventories
Analyze Materials Management and Logistics Performance
Monitor Warehouse Operations Dashboard
Introduction to Cost Management
Overview of Cost Management
Cost Planning
Estimate Costs
Overview of Estimate Costs Process
Estimation of Costs Process
Tools and Techniques for the Estimate Costs Process
Bottom-Up Cost Estimate
Reserve Analysis
Cost of Quality
Day 4
Determine Budget
Overview of the Determine Budget Process
Cost Baseline
Funding Requirements
Document Updates
Control Costs
Cost/Benefit Analysis
Cost Of Conformance
Quality Management
Quality Vs Grade
QA Vs QC
Metric Vs Measurement
Precision Vs Accuracy
Cost of Quality
Perform Quality Assurance
Control Quality