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 Jurisdictions and Legal Authorities
• Explain the fundamental structures for an enterprise
• 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 how security relates to reporting structures
• Configure a Shared Service Structure within an Enterprise Structure
• Explain management reporting structures
• Model a Financial Reporting Structure
• Explain General Ledger set up
• Model a Business Unit within an Enterprise Structure

Cost Centers, Departments, Facilities, and Reference Data

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

Inventory Transactions

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

Advanced Inventory Transactions

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

Consigned Inventory from a Supplier

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

Back to Back Processing

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

Plan Inventory Replenishment

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

Inventory Counts

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

Supply Chain Orchestration Overview

• Configure the invocation of external Supply Chain Execution systems
• Describe the Supply Lines Work Area and Supply Line Statuses
• 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

Supply Lines and Exceptions

• Analyze and manage the material request flow within Supply Chain Orchestration
• Manage supply request exceptions
• Analyze and manage the making flow within Supply Chain Orchestration
• Analyze and manage the buy 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 Common Inventory Configurations
• Explain Cost Accounting
• 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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