Post on 27-Dec-2015
description
Oracle Apps – Manufacturing & DistributionAuthor
Jagan Vidyala
Freelance Consultant and Corporate Trainer
ORACLE SCM / MFG / ASCP / EAM Suites
10 Yrs of experience in IT consulting in addition to 18 Yrs of domain experience in
Inventory Mgmt, Manufacturing, Global Procurement, Sales & Marketing and
execution of Turnkey Projects.
jvidyala@gmail.com +91-91774-77013
Oracle Apps – Manufacturing & DistributionInventory Setups
1. Define System Items Key Flexfield (R)2. Define Item Categories Key Flexfield (R)3. Define Item Catalog Group Key Flexfield (R)4. Define Stock Locators Key Flexfield (R)5. Define Account Aliases Key Flexfield (R)6. Define Sales Orders Key Flexfield (R)7. Define Locations (O)8. Define Employees (O)9. Define Organization Calendar (R)10.Define Organizations (R)11.Define Organization Parameters (R)12.Change Organizations (R)13.Define Intercompany Relations 14.Define Receiving Options (O)15.Define Picking Rules (O)
Oracle Apps – Manufacturing & DistributionInventory Setups
16.Define ATP Rules (O)17.Define Planners (O)18.Define Unit of Measure Classes (R)19.Define Unit of Measure (R)20.Define Unit of Measure Conversions (O)21.Define Subinventories (R)22.Define Stock Locators (O)23.Define Item Attribute Controls (R)24.Define Categories (R)25.Define Category Set (R)26.Define Default Category Sets (R)27.Define Statuses (R)28.Define Item Catalog Groups (O)29.Define Item Types (O)30.Define Item Templates (O)
Oracle Apps – Manufacturing & DistributionInventory Setups
31.Define Items 32.Define Cross–Reference Types (O)33.Define Item Delete Constraints (O)34.Define Cost Types (R)35.Define Cost Activities (O)36.Define Material Sub–Elements (O)37.Define Material Overheads (O)38.Define Default Material Overhead Rates (O)39.Define Freight Carriers (O)40.Define Organization Shipping Network (O)41.Define Shipping Methods (O)42.Define Movement Statistics Parameters (O)43.Define Economic Zones (O)44.Define Account Aliases (O)45.Define Transaction Source Types (O)
Oracle Apps – Manufacturing & DistributionInventory Setups
46.Define Transaction Types (O)47.Define Transaction Reasons (O)48.Define Purchasing Options (O)49.Define Accounting Periods (R)50.Request Interface Managers (O)51.Set Profile Options (R)52.Define Container Types (O)53.Define Commodity Codes (O)54.Define Customer Items (O)55.Define Customer Item Cross References (O)56.Define Notification List 57.Define Shortage Parameters58.Define Kanban Pull Sequences
Oracle Apps – Manufacturing & DistributionItem Category
Sequence of Steps for Item Category Define Structure Define Segment Define Value Set Define Value Define Category Codes Define Category Sets Assign Items to Category Codes List the items belonging to a
particular Category Assign Default Category Set
Oracle Apps – Manufacturing & DistributionCategory Set
Master Level: Item assigned to this category set has the same category value in all organizations where it is assigned.
Org Level: Item assigned to this category set may have a different category value in each organization where it is assigned.
Oracle Apps – Manufacturing & DistributionItem Category Set
Allow Multiple Item categories Assignment: Enable this feature, to assign an item to multiple
categories within a category set.
For example, you may define a Hazard category set. In this case, an item may be assigned to both the Poison and Corrosive categories.
Enable this feature to create cartonization groups.
Note: For cost mgmt purposes, Oracle recommends having a separate category set, with this feature disabled, for costing fixed assets. Costing functionality does not permit an item to be associated with multiple categories within a category set.
Oracle Apps – Manufacturing & DistributionItem Category Set
Enforce List of valid categories:
If this feature is not enabled, an item can be assigned to any category defined that uses the same flexfield structure as this category set.
If this feature is enabled, an item can be assigned only to those categories defined as valid categories for this category set.
The Category sets are displayed as LOV in Purchasing module while creating a PO in enter PO window.
Oracle Apps – Manufacturing & DistributionCategory Set
Oracle Apps – Manufacturing & DistributionCategory Set
Oracle Apps – Manufacturing & DistributionDefine Locations
Define names and addresses for the locations to use within the orgs and Inventory Organizations.
Inventory uses locations for billing, requisition, receiving, shipping, and employee assignment.
Indicate by way of check boxes, whether the location is a ship-to-site, office-site, receiving site, bill-to-site, and internal site.
Oracle Apps – Manufacturing & DistributionDefine Calendar
A workday calendar defines the valid working days for manufacturing org, and consists of repeating days on and off and exceptions to that pattern.
Specifies start and end dates and the weekend schedule for each calendar.
Define as many workday calendars and assign them to any number of orgs, and any number of orgs can share a calendar.
Oracle Apps – Manufacturing & DistributionDefine Calendar
Apply exception to the workday calendar by specifying individual days, loading them from an exception template, or copying a set of exceptions from another calendar.
Specify any number of shifts to workday calendar. Each shift can have different weekend schedule and a list of specific work interval start and end times. Shifts inherit workday exceptions and patterns from the base calendar. Specify exceptions that can over ride and add to the base calendar.
Oracle Apps – Manufacturing & DistributionDefine Employees
In Inventory employee information is used primarily to record who perform cycle count and physical inventory count transaction.
Employee will be defined in HR module if already implemented, otherwise could be defined in Inventory module.
Oracle Apps – Manufacturing & DistributionDefine ATP Rule
Available to promise rule define supply & demand sources, time fence parameters and calculation methods.
Accumulation Available: Determines a period’s excess quantity, and carries forward the available quantity for future demand.Backward consumption: ATP checks prior periods for availability if a period has insufficient supply for existing demand, and used with Accumulation Available. Forward Consumption: Determines if the ATP calculation can match existing demand to supply in future periods.
Oracle Apps – Manufacturing & DistributionDefine ATP Rule
Past Due Days: ATP does not include any demand and supply orders with a due date before this time fence.Infinite Supply: Use this time fence to specify the end of your ATP horizon. ATP considers any demand that falls beyond this time fence as available.
Cumulative manufacturing lead time Cumulative total lead time Item total lead time User–defined time fence
Demand Class: Supply & Demand Source: Choose a supply and
Demand source for ATP Rule, determine which source to use for calculation. The supply on non-manufacturing day will be considered available on next working day.
Demand Sources -
Oracle Apps – Manufacturing & DistributionDefine Picking Rules
Picking rule is assigned to an item to define the priorities that Inventory uses to pick units of that item for sales order.
Specify the sources and prioritization for subinventories, lots, revisions, and locators to be used when the item is pick released.
Specify none for any of the criterion for inventory to ignore while picking.
Define unique picking rule for each item, or use generic picking rule for the org.
Oracle Apps – Manufacturing & DistributionDefine Forecast Rules
Forecast Methods: Focus Statistical
Focus: Uses focus forecasting algorithms, it test the selected item against a number of techniques and chooses the best one to forecast future demand.
Statistical: Uses Exponential smoothing, trend and seasonality algorithms to forecast demand.
Oracle Apps – Manufacturing & DistributionDefine Forecast Rules
Alpha smoothing factor should be between 0-1, 0 indicates more weight to the past demand and 1 indicates more weight to current demand.
Trend Model: If this model is selected as base perform smoothing as upward or downward trend in demand.
Alpha x Forecast + (1-Alpha) x Actual Demand
Seasonality Model: It produces more even pattern of seasonal demand from period to period. Value of 2 indicates the demand will double in that period due to seasonal factors.
Oracle Apps – Manufacturing & DistributionDefine Organization
Inventory Org track inventory transactions and on-hand balances that manufactures and distributes parts and products.
Choose an org which has been classified as an inventory org in order to run any of the following application: INV, BOM, ENG, WIP, MS/MRP, CPP, and receiving functions in PO.
Define item in single org as item master org. Child orgs refer to the item master for item definition. Once Item has been defined in the master Org, it can be enabled or assigned to any of the other orgs.
Oracle Apps – Manufacturing & DistributionDefine Organization
To define Inventory Org, you need to specify org name, org type, and three-character abbreviation for the org. The unique code is used to identify the org.
Before defining the Organization, you need to understand item definition process.
Specify which ledger is associated with Org.
Specify which manufacturing calendar is associated with the Org.
In multi-Org setup you must specify OU even though it not required.
Oracle Apps – Manufacturing & DistributionOrganization Parameters
Org Parameters: These are the source for default inventory, costing, control, and movement for an org. This section outline some of the areas and associated parameters data needed to be specified for an inventory org. Demand Class: These are defined to group similar customers or sales orders and these are used as a means of forecasting different sources of demand separately.Move Orders: Requests for the movement of material with in single org. It allows planners and facility managers to request movement within a ware house or facility for the purpose of replenishment, material relocation and quality handling. It can be handled manually or automatically depending on source.
Oracle Apps – Manufacturing & DistributionOperating Unit/Inventory Org
Telco - KAInventory
Org
Telco - TNInventory
Org
Telco - APInventory
Org
TelcoSouth - OU
Telco - KEInventory
Org
Oracle Apps – Manufacturing & DistributionItem Master
Inventory Org M3
Inventory Org M2
Inventory Org M1
Item MasterV1
Defined at Inventory Org level
M1 Bearing 6210 B-123789
M2 Bearing 6210 B-435210
M3 Bearing 6210 B-890765
Defined at Item Master Org LevelBearing 6210 B-987654
M1 B-987654
M2 B-987654
M3 B-987654
Oracle Apps – Manufacturing & DistributionItem Attributes
Item Attributes count in Oracle Apps
ver. 11 158 Attributesver. 11i 177 Attributesver. R12 270 Attributes
Item attributes are collection of information about an item.
Item attributes are grouped and displayed in tab names in Item Master and Org Item; Inventory, BOM, Purchasing, WIP, OM, etc….
Oracle Apps – Manufacturing & DistributionStatus Attributes
Status attributes indicate the status of item.and enable and disable the functionality.
Customer Order Enabled Internal Order Enabled Purchasable Invoice Enabled Process Execution Enabled Recipe Enabled Build in WIP Stockable BOM Allowed Transactable
Oracle Apps – Manufacturing & DistributionItem Defining Attributes
Identifies the nature of an item.
What designates an item as an engineering item is the attribute engineering item, but what controls the functionality of the item are the collection of attributes that describe it.
If item defining attribute is enabled, the item is automatically assigned to the default category set of the corresponding functional area.
Oracle Apps – Manufacturing & DistributionItem Defining Attributes
Functional Area Item Defining Attribute
Inventory Inventory ItemPurchasing Purchased/Internal orderedCost Mgmt Costing EnabledEngineering Engineering ItemOrder Mgmt Customer Order ItemService Serviceable Product
Item defining and Status attributes are interdependent.
Oracle Apps – Manufacturing & DistributionItem Attributes Control
Controlled at ORG Level
Preprocessing Lead Time Source SI
Processing Lead Time WIP Supply SI
Post Processing Lead Time Sales Account
Fixed Lead Time WIP Supply Locator
Variable Lead Time Expense Account
Cumulative Mfg Lead Time Source Org
Cumulative Total Lead Time Planner
Cost of Goods Sold Account Encumbrance Account
Planning Exception Set Engineering Item
Controlled at Master Level
Base Model
BOM Item Type
Oracle Apps – Manufacturing & DistributionUOM - Class
UOM Class Represent groups of UOM with similar characteristics.
Each UOM defined must belong to a UOM class. Each class has a base UOM, and is used to
perform conversions between UOM in the class. Generally one of the smaller unit is considered
as base unit, CFT for Volume.
UOM Class Base UOM Other UOM
Quantity Each Dozen, box
Weight Gram Pound, KG
Time Seconds Minute, Hour
Volume Cubic inch CU.FT, CU.CM
Oracle Apps – Manufacturing & DistributionUnit of Measure
UOMs are used by a variety of functions and transactions to express the quantity of items.
Primary UOM: It is the stocking UOM for an item in a particular organization, and is an item attribute that is specified while defining item.
Dual UOM: if the item is under dual UOM control, system stores inventory in both theprimary and secondary units of measure.
Oracle Apps – Manufacturing & DistributionUOM - Conversions
UOM conversions are numerical factors that enabled, to perform transactions in units other than the primary unit of the item being transacted.
Types:
Standard: A conversion common to any item.
Intra Class: A conversion for a specific item within a UOM class.
Inter Class: A conversion for a specific item between UOM classes.
Oracle Apps – Manufacturing & DistributionUOM - Conversions
UOM classes, UOM, and UOM conversions are not organization-specific.
Inventory transactions and on hand balance supports decimal precision to 5 digits.
WIP supports decimal precision to 6 digits.
Pick UOM: The pick area stores a particular pack configuration; cases, cartons, units. The UOM configured for the pack configuration is know as Pick UOM.
Oracle Apps – Manufacturing & DistributionUOM - Conversions
Lot specific conversions:
It is enabled to perform a specific inter-class conversion for a given lot. This enables to establish more granular control over the transactional quantities of a lot. GL = 15 Pounds
The system creates a lot conversion only if the item is under Dual UOM control.
Oracle Apps – Manufacturing & DistributionSub-Inventory
Asset SI: Subdivision of an org, represent a physical storage area by logical grouping of items, where qty balances and values are maintained for asset items.
Expense SI: It is a logical receiving location to receive expense items.
PAR level Planning: [Periodic Automatic Replenishment] Enable to assign an item to multiple locators within a SI, each with a different PAR level. However cannot assign multiple PAR levels to the same locator.
Min-Max planning cannot be performed if PAR Level Planning is enabled.
Oracle Apps – Manufacturing & DistributionMiscellaneous Transactions
To load all item on-hand quantities at the start of implementing.
To issue items to individuals, projects or department; or to issue damaged items to expense accounts such as scrap.
To perform the receipts for items that were acquired by other than a PO.
Issue material to research and development group or an accounting department.
Serial Number Triggered: Indicate if inventory information should be defaulted from the serial number.
Oracle Apps – Manufacturing & DistributionItem Relationship
Item relationships are a way of defining acceptable substitutes for items.
Receive a substitute item if supplier cannot ship the original item on the PO.
Except in Oracle Purchasing, these relationships are for inquiry and reporting purposes only.
To receive a substitute item correctly, you should ensure that the ordered item and the substitute item share the same base UOM.
Oracle Apps – Manufacturing & DistributionDefine Change Organization
When sign in to inventory transaction, the system prompts to pick an org, then associates the transaction to the inventory org.
When first setup the inventory module no inventory org is defined. To associate to correct org either log off and then log back in pick your org or perform change org transaction.
Oracle Apps – Manufacturing & DistributionIntercompany Relations
Define Intercompany Relations, to establish relationship between two operating units (Shipping and Selling orgs) in a multi–organization environment.
Oracle Apps – Manufacturing & DistributionDefine Receiving Options
Specify which receiving options are applicable when receiving the items from other organizations.
These are default receiving options for the organization. However most of these options can be overridden at the supplier, purchase order, or item level.
Oracle Apps – Manufacturing & DistributionLead Time Management
Pre-Processing Lead Time
Processing Lead Time
Post Processing Lead Time
Total Lead Time
Cumulative Manufacturing Lead Time
Cumulative Total Lead Time
Oracle Apps – Manufacturing & DistributionLead Time Management
Pre-Processing Lead Time: The time required to prepare a purchase documents to procure an Item.
Processing Lead Time:The time required to manufacture or procure of an item.
Post-Processing Lead Time: The time required to make a purchased item available in inventory.
Oracle Apps – Manufacturing & DistributionLead Time Management
Total Lead Time:[Fixed LT + Order Qty x Variable LT]
Fixed Lead Time: The time taken to prepare initial set of assembly or production Line.
Variable Lead Time: The time taken to manufacture or assemble an individual item.
Oracle Apps – Manufacturing & DistributionLead Time Management
Cumulative Manufacturing Lead Time:The total time required to make an item if all the raw materials are available in stock but had to make all subassemblies level by level.
Cumulative Total Lead Time:The total time required to make an item if no inventory existed and had to order all the raw materials and make all subassemblies level by level.
Oracle Apps – Manufacturing & DistributionLead Time Management
Processing Lead Time
Cumulative Lead Time
Sub Assembly: BManufactured
Assembly: AManufactured
Component : C Purchased
Cumulative Total Lead Time
Pre - Processing Lead Time
Processing Lead Time
Post - Processing Lead Time
Oracle Apps – Manufacturing & DistributionInter-Org Transfer without ISO
Able to Transfer items between Orgs only if Shipping Network is defined between the orgs involved.
Transaction Types: Direct / Intransit
FOB: Receipt / Shipment
Receipt Routing: Direct / Standard / Inspection Required
Oracle Apps – Manufacturing & DistributionInter-org Transfers
Define Location Define From and To Orgs Define Item in IMO Assign Item to From and To Orgs Define Subinventory for From and To Org Verify Interface Manager, Costing Mgr
should be Active Open Inventory Accounting Period Setup Receiving Parameters for Receiving
Org Define Shipping Network between Orgs.
Oracle Apps – Manufacturing & DistributionInter-org Transfers
Ensure on-hand Qty is available in From Org.
Perform Inter-Org Transfer with “Receipt Routing” as “Direct”
Receive the item in Receiving Org Verify on-hand quantity
Repeat the transaction with “Receipt Routing” as “Standard”
Repeat the transaction with “Inspection Required” as Receipt Routing
Oracle Apps – Manufacturing & DistributionInventory Controls
Describes how individual items or group of items can be tracked when transactions are performed. OI is capable of handling four different types of controls on the items that are assigned to an Org.
Revision Control Locator Control Lot Control Serial Control
Oracle Apps – Manufacturing & DistributionInventory Controls
Revision Control: Adopted for identifying a modified item. Change to Revision Control is not possible when item has on-hand quantity.
Locator Control: Adopted to find out where exactly the item is lying in a store. Normally adopted for items smaller in Size. The locators are defined as Row, Rack and Bin. You can customize item Locator Key flexfieldas per client requirement.
Oracle Apps – Manufacturing & DistributionInventory Controls
Lot Control: Adopted to identify a group of items. Each truck load of Cotton is considered as one lot.
Serial Control: Adopted when tracking of individual pieces of an item is required.
Oracle Apps – Manufacturing & DistributionInventory Planning
Min-Max Planning
Reorder Point Planning
Replenishment
Kanban
Oracle Apps – Manufacturing & DistributionMin-Max Planning
Min-Max planning is generally adopted for items, which are regularly purchased. The consumption of these types of items are more or less same every month. Minimum and maximum stock level can be fixed for these items.
Buy item generates purchase requisition automatically when item on-hand qty falls below minimum level.
Make items generates WIP Discrete Jobs When on-hand qty falls below minimum level.
Oracle Apps – Manufacturing & DistributionMin-Max Planning
Org Level Min-Max Planning When min-max plan is set at the Org
level, OI looks at inventory balances, POs and WIP jobs as supply and sales order and WIP job component requirements as demand.
SI Level Min-Max Planning When min-max plan is set at the SI level,
OI looks at inventory balances, PO and internal order supply, and optionally, sales order demand for a single SI only.
Oracle Apps – Manufacturing & DistributionMin-Max Planning Org Level
Net Quantity on Hand + On Order = Total Available
Net Quantity on Hand is the sum of the quantities on hand for the item across all the nettable SI within an Org.
On Order is the sum of open purchase orders, requisitions, internal orders and WIP jobs scheduled for receipt on or before the Supply Cutoff Date.
Oracle Apps – Manufacturing & DistributionMin-Max Planning - SI Level
Total Available = Qty on Hand + On Order
Quantity on Hand is the qty in the SI specified in the Min-Max Planning.
On Order is the sum of open POs, requisitions, and internal sales orders scheduled for receipt to the specified SI prior on or before the Supply Cutoff Date.
Oracle Apps – Manufacturing & DistributionMin-Max Planning steps
Setup the following attributes for the Item.
Purchasing Tab: Enter List Price
General Planning Tab: Select Min-Max Planning as Inventory Method, Make or Buy: Buy, enter Min/ Max Qty, enter Order Qty, select Supplier as source.
Order Mgmt Tab: Enable Internal Ordered
Lead Time Tab: Enter values for Preprocessing, Processing, and Post Processing lead time.
Oracle Apps – Manufacturing & DistributionReorder Point Planning
RPP uses demand forecasts to decide when to order a new quantity to avoid dipping into safety stock. Suggests a new order when the available
quantity drops below item's safety stock +forecast demand during its replenishment.
The order quantity is an economic quantity that minimizes the total cost of ordering and carrying inventory.
OI automatically generate requisitions to purchasing that a replenishment order is required to supply.
Oracle Apps – Manufacturing & DistributionReorder Point Planning
Safety stock: A floor or base level of inventory from which Inventory performs all planning. The item is planned as if the safety stock quantity for the period is zero inventory balance.
EOQ = 2 x Annual Demand x Order CostCarrying Cost % x Unit Cost
Note: RPP is possible only at Org level.
Oracle Apps – Manufacturing & DistributionReorder Point Planning
Steps involved in this planning
Set the Required Item Attributes Define a Forecast Set / Forecast / Assign
the Item to Forecast Define or Generate Safety Stock Run the Reorder Point Report Run Requisition Import from Purchasing Get Requisition Number from the
Requisition Summary Window with date Range or Item Name
Oracle Apps – Manufacturing & DistributionReplenishment Planning
Used to replenish Expense SI. This feature can be used for replenish Asset SI also.
Even if perpetual on-hand balances are not maintained in non-tracked SI, this method can use the replenishment counting system to plan your inventories.
This may be ideal for replenishing free stock items that stored on the production floor, or office supplies kept in departmental cabinets.
Oracle Apps – Manufacturing & DistributionKanban Planning
Kanban is a means of supporting pull-based replenishment in manufacturing systems.
It is a self-regulating pull system that leads to shorter lead times and reduced inventory.
They are typically applied to items that have relatively constant demand and medium-to-high production volume.
It represent replenishment signals that are usually manual and highly visible, such as a color-coded card that moves with the material, a light that goes on when replenishment is required, or an empty bin that is moved to the supply location to trigger replenishment.
Oracle Apps – Manufacturing & DistributionKanban Planning
The system includes an API that can be called by external systems, such as bar code readers, to trigger replenishment signals.
Kanbans can be replenished from an external supplier or an internal organization.
The four types of kanbans available in the system trigger transactions that pull material from different replenishment sources. Inter Org: Creates internal requisitions. Intra Org: Triggers material movement from a
SI in the same organization. Production: Creates a production job (discrete
job, repetitive schedule, or flow schedule). Supplier: Creates a purchase requisition.
Oracle Apps – Manufacturing & DistributionKanban Planning
Supply Status Code
New: The kanban has just been created and is not yet part of the replenishment chain. Empty: The kanban is empty and a replenishment signal has been generated. Wait: The kanban is waiting until the minimum order quantity has been met by the aggregation of cards. In-Process: For the Supplier source type, the purchase order has been approved. For the Inter Org source type, the internal requisition has been approved. In-Transit: Material is in transit from Supplier end.Full: The kanban has been replenished.
Oracle Apps – Manufacturing & DistributionKanban Planning
Sequence of Steps involved
Define a Kanban Pull Sequence Select Item, SI, Kanban Size, enter Qty, enter Kanban Card Qty, Lead Time, Allocation %, and Safety Stock.
Generate Cards Choose a Card and Replenish Run Requisition Import from Purchasing Query Req. Number from Req.
Summary with Item as reference.
Oracle Apps – Manufacturing & DistributionAccuracy
In any Org due to missing or inaccurate entries of transaction, there will be differences in the on-hand and the actual quantities in the Sub-Inventory.
To correct the differences the items are physically counted and the on-hand quantity is corrected periodically, this is called as stock taking.
Oracle Apps – Manufacturing & DistributionAccuracy
The two types of stock taking are
Cycle CountingPhysical Inventory
Cycle Counting: The periodic counting of individual items throughout the course of the year to ensure the accuracy of inventory quantities and values. High Value items are placed in this method.
Physical Inventory: Count all the items physically Half Yearly or Yearly.
Oracle Apps – Manufacturing & DistributionABC Analysis
ABC analysis determines the relative value of a group of inventory items based on a user-specified valuation criterion.
"ABC" refers to the rankings assigned to items as a result of this analysis, where "A" items are ranked higher than "B" items, and so on.
It is used to compile and drive cycle counts, where high value (A items) items are very frequently counted, items of lower value less frequently, and items of lowest value very infrequently.
A Class Items – 80%B Class Items – 15%C Class Items - 5%
Oracle Apps – Manufacturing & DistributionABC Analysis
Sequence of Steps involved
Define a ABC Compile Define ABC Classes Define ABC Assignment Groups Assign Classes to ABC Assignment Group Assign Items to Various Classes within a
group Update item assignments Purge ABC information
Oracle Apps – Manufacturing & DistributionCycle Counting
Sequence of Steps involved
Define a cycle count Define cycle count classes Define cycle count items Generating Automatic Schedules Generating Cycle Count Requests Entering Cycle Count Quantities Approving Cycle Count Adjustments
Oracle Apps – Manufacturing & DistributionPhysical Inventory
Sequence of Steps involved Define a Physical Inventory Take a Snapshot of System On-hand Qty Generate Physical Inventory Tags Print the Generated Tags Attach the Tags to its respective item Count the Actual Quantities and enter
them in the respective tag Collect all the Tags Enter the Quantities recorded in the Tag in
the System Approve the Physical Inventory Launch Adjustments