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

Preparation Guide for Oracle 1z0-1073-20: Oracle Inventory Cloud 2020 Implementation Essentials Administrator Exam

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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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
• Configure an Enterprise Structure using the Configuration Workbench
• Explain the fundamental structures for an enterprise

Legal Entities

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

Reporting Structures

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

Cost Centers, Departments, Facilities, and Reference Data

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

Inventory Transactions

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

Advanced Inventory Transactions

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

Consigned Inventory from a Supplier

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

Back to Back Processing

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

Plan Inventory Replenishment

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

Inventory Counts

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

Supply Chain Orchestration Overview

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

Supply Lines and Exceptions

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

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

Project Specific Inventory

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

Transfer Project-Specific Inventory

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

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