●Inventory defines the item you use in manufacturing and maintain perpetual inventory balances through transactions that reflect daily activities such as receipts and material movement. Oracle Inventory provides the transaction needed to maintain on-hand quantities. These transactions records most inventory movements like receipts, issues and location changes.
●Inventory Organization is further subdivided into sub inventories A subinventory is a subdivision of an organizations inventory, frequently it represents a physical location. Oracle Inventory provides basic inventory planning like min-max planning and re-order point planning and basic forecasting capabilities.
●Oracle Inventory can be seamlessly integrated since Oracle General Ledger provides a set of books and currency exchange rates and receives transaction accounting summary and details.
●Inventory is the crucial module, connecting all of Oracle Manufacturing Applications together. It shares UOM, items, item information, receipts, delivers, inter-org information ATP/on-hand quantity and basic forecasting info with Cost Management, WIP, ASCP, BOM, OM, Purchasing, as well as engineering items and information with Engineering.
Thanks & Regards,
S.Grace Paul Regan
1 comment:
hello sir,
grt to see persons lik u..i hav interest in oracle apps but i dont know to which domian my company will put me ..can u please provide de complete material mentioning de way it is being used in rel time
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