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Basic Concepts in Oracle Inventory - Part5 Inventory Management NextLevelPurchasi ng.com/inventory Learn inventory management techniques through this article.
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Siemens answers: www.siemens.com/answers The digital factory Answers for industry. Get Inventory Management SoftwareResearchTools.com /Inventory Use Free software evaluation tool. Compare top 40 inventory systems! NetApp® Pulses Strength www.NetApp.com Discover How NetApp is Revolutionizing Enterprise Storage

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Define item flexfields Define item categories flexfields Define catalog group flexfields Define UOM Define subinventories. Define locators Define organization parameters. Define intercompany relationship. Define picking rules.

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Some of the parameters we have to set defaults like item status as active, default primary unit of measure as Each or requisition approval status as approved or unapproved. Advance Computer Tips

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Popular Articles You can define and update default inventory and costing parameters for your current organization in the following areas :
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Default inventory parameters Costing information Revision, lot, serial parameters ATP, Pick, Item-sourcing parameters Inter-Organization Information Other account Parameters

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… 2/10 . Dynamic entry allowed: Inventory transactions within this organization require a locator for each item.Part2 Basic Concepts in Oracle AR .com/…/inv-concepts-5. You can choose a valid.Part1 Basic Concepts in Oracle AR . or define a locator dynamically at the time of transaction. predefined locator for each item.Part1 Basic Concepts in Oracle Cash Management.A complete Tutorial Provide organization code and item master organization In the Move Order Timeout Period field.3/15/2011 About Oracle Apps: Basic Concepts in Or… Define warehouse parameters Default inventory param eters Basic Concepts in Oracle AP . enter the number of days a move order requisition can wait for approval.Part2 Basic Concepts in Oracle GL . Pre-specified only: Inventory transactions within this organization require a valid.Part2 Basic Concepts in Oracle Cash Management.Part2 Pay On Receipt in Oracle Applications -Tutorial Recurring Invoice . Cos ting Inform ation aboutoracleapps. For locator control option: Inventory transactions within this organization do not require locator information.Part1 Basic Concepts in Oracle GL . Determined at subinventory level: Inventory transactions use locator control information that you define at the subinventory level. predefined locator.Part1 Basic Concepts in Oracle AP .

Resource An asset account that tracks resource cost. Material An asset account that tracks material cost. you cannot change this account. this account holds your inventory and in transit values. these accounts are defaulted when you define subinventories and can be overridden. Once you perform transactions. For average costing. Material Overhead An asset account that tracks material overhead cost. Under standard costing. Valuation Accounts: You choose a default valuation account when you define organization parameters. Outside processing An asset account that tracks outside processing cost. Expense The expense account used when tracking a non-asset item.… 3/10 . Overhead An asset account that tracks resource and outside processing overheads. Other accounts aboutoracleapps.3/15/2011 About Oracle Apps: Basic Concepts in Or… You have to define costing organization and costing method.com/…/inv-concepts-5.

3/15/2011 About Oracle Apps: Basic Concepts in Or… Sales The profit and loss (income statement) account that tracks the default revenue account. Inventory A/P Accrual The liability account that represents all inventory purchase order receipts not matched in Accounts Payable. Project Clearance Account When performing miscellaneous issues to capital projects. such as the uninvoiced receipts account. Cost of Goods Sold The profit and loss (income statement) account that tracks the default cost of goods sold account. Encumbrance An expense account used to recognize the reservation of funds when a purchase order is approved. Average Cost Variance Under average costing with negative quantity balances.… 4/10 .com/…/inv-concepts-5. Purchase Price Variance The variance account used to record differences between purchase order price and standard cost. the project clearance account is used to post the distributions. Invoice Price Variance The variance account used to record differences between purchase order price and invoice price. This account is used by Accounts Payable to record invoice price variance. Inter-Organization Transfer Accounts aboutoracleapps. this account represents the inventory valuation error caused by issuing your inventory before your receipts. This account is not used with the average cost method.

Inventory Planning and replenishment: aboutoracleapps. Revision.… 5/10 . Pick. Serial and lot control information. Payable The default general ledger account used as an inter–organization clearing account when this organization is the receiving organization. This is usually a liability account. This is usually an expense account. Purchase Price Variance The default general ledger account used to collect the purchase price variance for inter–organization receipts into standard cost organizations. In-transit Inventory The default general ledger account used to hold in-transit inventory value. This is usually an asset account.com/…/inv-concepts-5. For average cost organizations. ATP.3/15/2011 About Oracle Apps: Basic Concepts in Or… You define default inter–organization transfer accounts in the Organization Parameters window. Item sourcing rules. These accounts are defaulted when you set up shipping information in the Inter–Organization Shipping Networks window. Other information you have to give is. this account is the default material account. Transfer Credit The default general ledger account used to collect transfer charges when this organization is the shipping organization. This is usually an expense account. This is usually an asset account. Receivable The default general ledger account used as an inter–organization clearing account when this organization is the shipping organization.

Then through purchase order u can receipt material in inventory. MTL_PARAMETERS : This table PICKING_RULE_ID.com/…/inv-concepts-5. And that is how purchasing comes into picture. Purchase requisition gets created that turns out to purchase orders. Perform ing Recorder-Point planning In this planning method you will take minimum order quantity and time to fulfill the order to decide the level of order. so that at min level order can be placed and the qty of that item can be full at max level.… 6/10 .3/15/2011 About Oracle Apps: Basic Concepts in Or… Oracle Inventory lets you manage your inventory levels using any combination of the system’s planning and replenishment features. So record point is safety stock + forecast demand during lead time Perform ing m in-m ax planning In this simple method you will decide maximum and minimum level of stock for that item. RULE_ID for ATP is consist of ORGANIZATION_ID.e. MTL_ITEM _SUB_INVENTORIES aboutoracleapps. including min–max planning. reorder point planning. kanban replenishment. Subinve ntory replishm e nt planning For some items you will have transactions with other subinventory so that optimum stock can be maintained. Cre ating & executing Kanban cards In this you will use kanban method by deciding some items as kanban cards. Before that we will take look at main tables in inventory modules like Major Tables MTL_SYSTEM_ITEMS_B: Base table for item definition. after running requisition import. MTL_ITEM_CATEGORY_ SETS MTL_ITEM_CATEGORIES : These tables will store information about different category sets and categories defined. and a replenishment system for generating orders. And through requisition interface i.

aboutoracleapps. They allow planners and facility managers to request the movement of material within a warehouse or facility for purposes like replenishment. Move orders are restricted to transaction within tan organization & if you are transferring material between organization. you must internal requisitions.… 7/10 . MTL_ITEM_FLEXFIELDS MTL_ITEM_TEMPLATES MTL_ITEM_ATTRIBUTES MTL_ITEM_REVISIONS MTL_MATERIAL TRANSACTION MTL_TRANSACTIONS_REASONS Additional terms in inventory Accounting close cycle: General ledger transfer Inventory accounting periods Move orders: Move orders are requests for the movement of material within a single organization.com/…/inv-concepts-5. material storage relocations and quality handling.3/15/2011 About Oracle Apps: Basic Concepts in Or… MTL_ITEM_LOCATIONS MTL_SYSTEM_ITEMS_INTERFACE MTL_SUPPLY MTL_ONHAND_QUANTITIES MTL_RESERVATIONS : These table stores information about reserved quantity and on hand quantity with available quantity for picking rules. MTL_SALES_ORDERS : Order Management will interact with inventory for order details through this table.

and is not required. aboutoracleapps. This is the main item interface table. and categories to be imported into the Oracle Inventory MTL_ITEM_CATEGORIES table. you can use this table. and import new items from a Product Data Management package. you run the Item Interface to import the data.3/15/2011 About Oracle Apps: Basic Concepts in Or… Three types of move orders: Move order requisition Replenishment move orders Pick wave move orders Interfaces Ope n Ite m Interface You can import items from any source into Oracle Inventory and Oracle Engineering using the Item Interface. the table is used to store data about item assignments to category sets. And if revision & category details are there upload into respective tables. MTL_INTERFACE_ERRORS is used for error tracking of all items that the Item Interface fails .com/…/inv-concepts-5. migrate assembly and component items from a legacy manufacturing system. validates data you include. revision. Before you use the Item Interface. With this interface. and then imports the new items. and item category assignment records into these interface tables. insuring that your imported items contain the same item detail as items you enter manually in the Master Item window. The Item Interface assigns defaults. MTL_SYSTEMS_ITEM_INTERFACE This table is used for your new item numbers and all item attributes. After you load item. convert purchased items from a custom purchasing system.… 8/10 . The Item Interface reads data from three tables for importing items and item details. you can convert inventory items from another inventory system. MTL_ITEM_REVISIONS_INTERFACE If you are importing revision details for your new items. MTL_ITEM_CATEGORIES_INTERFACE To import item category assignments. you must write and run a custom program that extracts item information from your source system and inserts the records into the MTL_SYSTEM_ITEM_INTERFACE table. and may be the only table you choose to use. The Item Interface validates your data. Which is used only for revision information.

You can create multiple cross-references between customer items and one Oracle Inventory item. By cross-referencing customer items with their own inventory items.… 9/10 . data is uploaded into base table.3/15/2011 About Oracle Apps: Basic Concepts in Or… Cus tom er Item and Custom e r Ite m Cros s-Refere nce Open Inte rface A number of manufacturing industries are characterized by a multi-tiered. suppliers can achieve faster order processing and shipments by allowing customers to place orders using customer item numbers . MTL_CI_XREFS_INTERFACE Using this interface table MTL_CUSTOMER_ITEM_XREFS. You can also create multiple cross-references between Oracle Inventory items and one customer item.Part2 . MTL_CI_INTERFACE Using this table data is transferred MTL_CUSTOMER_ITEMS table. just-in-time supply chain structure.com/…/inv-concepts-5. In customer item interface you import customer items into inventory. For each customer item you must define related information such as customer and item definition level. you can import cross-references between customer items and exiting inventory items into your master organization. You can import customer items and customer item cross-references from any legacy system into oracle inventory.Part2 Basic Concepts in Oracle Inventory .Part4 Basic Concepts in Oracle Inventory . Rate this: ? Be the first to rate! Related Articles to Read Oracle SCM Basic Basic Basic Basic Tutorial Pay On Receipt in Oracle Applications -Tutorial Recurring Invoice .Part1 aboutoracleapps. Today’s manufacturing environment requires a close working relationship between customers and suppliers along the entire supply chain. In customer item cross reference.Part1 Concepts Concepts Concepts Concepts in in in in Oracle Inventory Oracle Inventory Oracle Inventory Oracle Inventory .Part3 . Suppliers must be able to react quickly to their customers’ often changing requirements.A complete Tutorial Basic Concepts in Oracle Inventory .Part4 .Part3 Basic Concepts in Oracle Inventory .

Functional Overview Posted by MG Labels: Oracle SCM.Part1 How to Set up MULTI-ORG in Oracle Applications How to migrate data into oracle applications Oracle Account Receivables (AR) .Part1 Basic Concepts in Oracle AR .Part1 Basic Concepts in Oracle GL .. Post Comment Preview Newer Post Subscribe to: Home Older Post © 2008 About Oracle Apps .A Complete Guide to Oracle Applications Professionals.Part1 Basic Concepts in Oracle AP . | Contact|About us.Part2 Basic Concepts in Oracle GL .… 10/10 . T utorial Post a Comment Comment as: Select profile..Part2 Basic Concepts in Oracle Cash Management.Part2 Basic Concepts in Oracle AP .com/…/inv-concepts-5. All articles are copyrighted to About Oracle Apps.Part2 Basic Concepts in Oracle AR .3/15/2011 About Oracle Apps: Basic Concepts in Or… Basic Concepts in Oracle Financials .Important Tables Basic Concepts in Oracle Cash Management. aboutoracleapps.

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