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Test Name : Inventory and Order Management Fundamentals
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: 302 Real Questions

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Oracle Inventory and Order Management

Oracle extends Cloud-primarily based Warehouse administration to provide valued clientele more desirable Logistics performance and global stock Visibility | killexams.com Real Questions and Pass4sure dumps

REDWOOD SHORES, Calif., June 26, 2018 /PRNewswire/ -- To support consumers reduce logistics fees, optimize stock ranges and improve client service, Oracle today introduced extended Oracle Warehouse administration (WMS) Cloud capabilities. The newest international enhancements offer heightened stock visibility through yard administration and integration with Oracle stock administration Cloud, in addition to more desirable extensibility with the addition of latest relaxation application Programming Interfaces (APIs).

Oracle Logo (PRNewsfoto/Oracle)

Legacy transportation and warehouse management techniques are sometimes unable to provide perception into trailers within the yard, which creates a significant gap into visibility that may lead to fulfillment delays. Oracle WMS Cloud yard administration capabilities directly handle this problem, making it easier to find shipments in trailers as a way to expedite unloading for top priority inventory.

Oracle Integration provider (ICS) based mostly integrations between Oracle WMS Cloud and Oracle inventory management Cloud will enable Oracle commercial enterprise resource Planning (ERP) and supply Chain management (SCM) Cloud customers to abruptly put into effect supply-to-settle and order-to-money flows to increase company responsiveness. The addition of rest web provider APIs improves extensibility and allows clients to customize Oracle WMS Cloud for his or her particular business and industry needs.

"We were normally running out of stock and necessary a scalable solution that would convey actual-time visibility into inventory to develop their company," mentioned Eduardo Gonzalez de Boado Halcon, vice chairman of deliver Chain at Supermercados Peruanos, "considering that enforcing Oracle WMS Cloud, their inventory outs have reduced with the aid of eighty p.c and their market share has expanded by way of six %, which equates to lots of revenue."

"modern day eCommerce pushed economic system has changed client expectations for success, and delays or inconsistencies can greatly have an impact on consumer satisfaction and loyalty," mentioned Diego Pantoja-Navajas, vice chairman, WMS Product building at Oracle. "The prolonged capabilities to Oracle WMS Cloud allow corporations to benefit more suitable visibility of stock in order to put in force greater hastily, cut back costs, optimize inventory levels and deliver consistent, wonderful consumer experience."

The enhancements additional fortify Oracle's place because the leader in cloud-based mostly Warehouse management techniques, and Transportation administration techniques, offering conclusion-to-end logistics capabilities including Oracle Warehouse administration Cloud, Oracle Transportation management Cloud, and Oracle international trade administration Cloud.

The latest advancements to Oracle WMS Cloud encompass:

  • Yard administration: presents agencies inventory visibility into trailers and their contents within the yard. This allows for businesses to expedite unloading high precedence trailers and shipments vital to velocity-up order fulfillment.
  • solution Extensibility: permits valued clientele/partners to build customized extensions to ordinary cloud-primarily based WMS capabilities the usage of rest net provider application programming interfaces. These tailor-made functionalities permit personalised timelines to meet particular company necessities whereas cutting back charge.
  • Oracle inventory administration Cloud Integration: Oracle Integration carrier (ICS) based mostly integrations to Oracle stock management Cloud for inbound logistics, stock operations and outbound fulfillment. This permits Oracle ERP and SCM Cloud valued clientele to put in force source-to-settle and order-to-cash flows at an accelerated tempo.
  • greater user event: a new browser-based mostly user interface seem and think helps to simplify the consumer event.
  • international help: Ten additional languages are supported, together with normal chinese language, traditional French, German, Italian, japanese, Korean, Polish, Russian, Thai and Turkish.
  • Barcode Scanning: enables processing of multi-factor 1D barcodes and 2nd barcodes.
  • extra InformationFor more information on Oracle give Chain administration (SCM) Cloud, consult with facebook, Twitter or the Oracle SCM weblog.

    About OracleThe Oracle Cloud offers complete SaaS software suites for ERP, HCM and CX, plus most fulfilling-in-type database Platform as a service (PaaS) and Infrastructure as a carrier (IaaS) from information facilities right through the Americas, Europe and Asia. For more suggestions about Oracle (NYSE:ORCL), please consult with us at www.oracle.com.

    TrademarksOracle and Java are registered logos of Oracle and/or its affiliates. other names may well be emblems of their respective house owners.

    safe HarborThe preceding is intended to outline their regular product route. it's meant for suggestions functions best, and can now not be incorporated into any contract. It is not a dedication to bring any fabric, code, or functionality, and may no longer be relied upon in making buying decisions. The building, unlock and timing of any features or functionality described for Oracle's products remains at the sole discretion of Oracle. 

     

    Cision View customary content material with multimedia:https://www.prnewswire.com/information-releases/oracle-extends-cloud-based mostly-warehouse-management-to-provide-valued clientele-better-logistics-efficiency-and-international-stock-visibility-300672100.html

    supply Oracle


    advancements to Oracle Warehouse administration Cloud raise Logistics performance and global stock Visibility | killexams.com Real Questions and Pass4sure dumps

    Jul 5, 2018

    Oracle has prolonged its Warehouse management (WMS) Cloud capabilities. The latest enhancements present superior inventory visibility through yard management and integration with Oracle inventory administration Cloud, in addition to enhanced extensibility with the addition of recent rest application Programming Interfaces (APIs).

    in keeping with Oracle, legacy transportation and warehouse management methods are sometimes unable to supply perception into trailers within the yard, which creates a major hole into visibility that may lead to achievement delays. Oracle WMS Cloud yard administration capabilities address this difficulty, making it simpler to find shipments in trailers in an effort to expedite unloading for prime precedence stock.

    Oracle Integration provider (ICS) based mostly integrations between Oracle WMS Cloud and Oracle stock administration Cloud will permit Oracle enterprise useful resource Planning (ERP) and provide Chain management (SCM) Cloud customers to hastily implement source-to-settle and order-to-cash flows to increase company responsiveness. The addition of relaxation internet carrier APIs improves extensibility and makes it possible for valued clientele to personalize Oracle WMS Cloud for his or her selected company and industry needs.

    Key new Oracle WMS Cloud capabilities include:

  • Yard management: presents corporations stock visibility into trailers and their contents within the yard. This allows groups to expedite unloading excessive precedence trailers and shipments vital to pace-up order achievement.
  • solution Extensibility:permits shoppers/companions to build customized extensions to common cloud-based mostly WMS capabilities the use of leisure net provider software programming interfaces. These tailor-made functionalities enable personalised timelines to satisfy selected business requirements while reducing charge.
  • Oracle inventory management Cloud Integration:Oracle Integration service (ICS) based integrations to Oracle stock management Cloud for inbound logistics, inventory operations and outbound success. This permits Oracle ERP and SCM Cloud valued clientele to put in force supply-to-settle and order-to-money flows at an accelerated tempo.
  • more suitable person adventure: a brand new browser-based person interface look and think helps to simplify the consumer event.
  • international aid:Ten additional languages are supported, including normal chinese, typical French, German, Italian, jap, Korean, Polish, Russian, Thai and Turkish.
  • Barcode Scanning:allows processing of multi-element 1D barcodes and 2nd barcodes.
  • more advice is available from Oracle about Warehouse administration (WMS) Cloud.


    cell stock administration Apps on Oracle Cloud industry | killexams.com Real Questions and Pass4sure dumps

    we are excited to announce that Algarytm’s cell stock administration apps for Oracle are listed on Oracle Cloud Market place. These apps assist agencies optimize stock management in their warehouse. Personnel can capture facts related to key warehousing actions like items receipt, challenge, cycle counts, and many others., promptly and easily. The captured facts receives automatically synced to the leading Oracle EBS system and the stock facts should be immediately available to each desktop and cellular clients and helps in faster decision-making.

    inventory management Apps listed on Oracle Cloud Market area for mobile are –

  • sensible Cycle Counts– The app lets you enter the cycle count number entries of already generated cycle count number request schedules and check the stock accuracy offering an ample method to determine the root causes of stock errors.
  • wise PutAway — allows fine inspectors to checklist accept or reject transactions for all of the PO inspectionsthey supervise/conduct with smart PutAway answer. The equipment makes use of this data to reach at the rightstorage bin for the material and makes it purchasable to warehouse body of workers.
  • smart goods Receipt — This app automates goods receipt by means of enabling smart records capture of inbound stockdetails via cell devices of warehouse personnel. inventory entries for goods received by the use of PO, STO andcustomer returns may also be made without delay from the mobile app.
  • smart stream Order– The app allows for planners to request the flow of fabric inside the warehouse or facility for replenishment, fabric storage re-locations and fine coping with, and so forth and enables the person to scan the barcode of transferring materials from supply Sub inventory to destination Sub inventory with in your company.
  • wise purchase Order Returns — The app allows for the fabric Handler/buyer to come delivered externally sourced gadgets in partial or full to organisation / Retailer and instantly generates the credit memo. For inventory managed gadgets, users can specify Lot / Serial / Locators, directly from the cell app.
  • wise Sub-stock switch — The app lets the person scan the bar code of Transferring materials from source Sub-inventory to vacation spot Sub-stock with your existing corporation through performing Sub-stock transfer and ensures cloth availability in correct sub-inventory.
  • wise Direct organization switch — The app allows transfer of gadgets from one inventory organization into an additional inventory corporation inside the working unit with none document Reference with the aid of scanning the bar code of Transferring substances.
  • sensible Miscellaneous Transaction — With Miscellaneous Transaction app, consumer can situation cloth to or receive fabric from usual ledger bills of their latest organization. This makes it possible for consumer to situation cloth to groups that aren't stock, receiving, or work in procedure corresponding to a analysis and development group or an accounting branch.
  • “Getting their apps published on Oracle Cloud industry is an important milestone for Algarytm. They agree with Oracle Cloud marketplace is the excellent launchpad for their apps as the platform is depended on by way of the Oracle person community and helps to market their cell options directly to Oracle’s expansive consumer base. These stock management apps add up to the exisiting set of Approval apps on OCM which are generating a good quantity of enterprise.” –Raj Peddisetty, President of Algarytm.

    Our suite of mobility apps increase both exact-line and bottom-line performance for an business with the aid of assisting it:

  • speed up decision making,
  • cut back manual processing fees,
  • reduce error & time lags,
  • lessen complete can charge of ownership (TCO),
  • And, get larger ROI from Oracle EBS.
  • Availability — at the moment purchasable on Oracle Cloud marketplace and with Algarytm.

    customary at: http://www.algarytm.com/cell-inventory-management-apps-oracle-cloud-market/


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    Inventory and Order Management Fundamentals

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    Inventory Management Software Market Growth Research Report by 2024 | killexams.com real questions and Pass4sure dumps

    Feb 13, 2019 (Heraldkeeper via COMTEX) -- New York, February 13, 2019: The report covers a detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Oracle Corporation, IBM Corporation, SAP SE, Zebra Corporation, Kinaxis Inc., Infor Inc., Zoho Corporation, SAGE Group Plc, Brightpearl Ltd. and DEAR Systems. Company profile includes assigning such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

    Inventory is a central quality for a company and represents the investment that’s concerned from the manufacturing to the sale of the product. Mishandling of inventory will cause significant financial issues and result in either inventory glut or inventory shortage. A list control system is that the set of guidelines and controls that monitors levels of inventory and regulates what levels ought to be maintained, once stock ought to be restocked, and what should be the economic order quantity.

    Inventory management is that the set of tips to stay track of product, items, or assets; assess the storage needs of components; and supervise the quantity of finished product.

    The scope of the report includes a detailed study of Inventory Management Software Market with the reasons given for variations in the growth of the industry in certain regions.

    Browse Full Report from here: https://www.marketresearchengine.com/inventory-management-software-market

    This report provides

    1) An overview of the global market for Inventory Management Software Marketand related technologies.2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2024.3) Identifications of new market opportunities and targeted promotional plans for Inventory Management Software Market.

    4) Discussion of research and development, and the demand for new products and new applications.5) Comprehensive company profiles of major players in the industry.

    The Inventory Management Software Market has been segmented as below:

    The Inventory Management Software Market is segmented on the lines of Component, Deployment, Industry and Regional Analysis.

    By Component this market is segmented on the basis of Software and Services. By Deployment this market is segmented on the basis of On-Premises and SaaS. By Industry this market is segmented on the basis of Consumer Good & Retail, Manufacturing, Automotive, Oil & Gas and Others. By Regional Analysis this market is segmented on the basis of North America, Europe, Asia-Pacific and Rest of the World.

    Reasons to Buy this Report:

    1) Obtain the most up to date information available on all Inventory Management Software Market.

    2) Identify growth segments and opportunities in the industry.

    3) Facilitate decision making on the basis of strong historic and forecast of Inventory Management Software Market.

    4) Assess your competitor's refining portfolio and its evolution.

    Request Sample Report from here: https://www.marketresearchengine.com/inventory-management-software-market

    Table of Contents

    1. Introduction2. Research Methodology

    3. Report Summary

    4. Market Overview

    4.1 Introduction4.2 Drivers4.3 Restrains4.4 Industry Trends4.5 Porter's Five Forces Analysis

    5. Inventory Management Software Market Analysis, By Component

    6. Inventory Management Software Market Analysis, By Application

    7. Inventory Management Software Market Analysis, By Industry

    8. Inventory Management Software Market Analysis, By Region

    9. Competitive Overview

    10. Company Profiles10.1 Zebra Corporation10.2 Kinaxis Inc.10.3 Oracle Corporation10.4 Brightpearl Ltd.10.5 SAP SE10.6 Zoho Corporation10.7 SAGE Group Plc.10.8 Infor, Inc.10.9 IBM Corporation10.10 DEAR Inventory

    Other Related Market Research Reports:

    Digital Out of Home Market to Perceive Substantial Growth During 2024

    Female Pelvic Implants Market to hit more than US$ 188 Millionby 2024

    About Us

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    Contact Person: John Bay

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    Overview of the Book | killexams.com real questions and Pass4sure dumps

    This chapter is from the book 

    Considering that inventory management is clearly a fundamental aspect of supply chain management, this book has been developed to outline the concepts and techniques at the heart of effective inventory decision-making. As they established in this chapter, inventory management is a far-reaching and expansive subject. Because of this, they can’t make claims that this book will be exhaustive, by any means. However, they have carefully pieced together what they consider to be the key frameworks and approaches to assist the reader in better understanding the “what, why, how, and by what means” of inventory management decision-making.

    Chapter 2, “Inventory Management Fundamentals,” builds on the definitional discussion in this chapter and provides foundational insights into the key terminology and concepts involved in inventory management. Chapter 2 highlights the different types of inventory and the various cost drivers and cost categories associated with these inventories. Because there is often confusion in discussions about inventory that is a result of lack of terminology, they carefully and thoroughly consider many different and overlapping inventory concepts. A thorough understanding of Chapter 2 facilitates your understanding of the remainder of the book.

    Chapter 3, “Inventory Control,” takes the inventory management discussion further by focusing on the analyses used to make well-informed inventory decisions. Chapter 3 presents frameworks that assist in determining when inventory should be ordered, how much should be ordered, and ultimately how the inventory ordered should be managed and accounted for. The chapter concludes with some examples of managerial issues that firms have faced when implementing several of these inventory approaches. This portion of the chapter was developed to help contextualize the analysis techniques by sharing certain roadblocks, problems, and unique successes that some firms have realized when putting these theoretical concepts to practice.

    Chapter 4, “The Link Between Inventory Management and Forecasting,” looks at forecasting within the context of inventory management. It is really impossible to even examine inventory management without thoroughly discussing forecasting and how it relates to inventory decisions. You need to know how many units you are expecting to sell if you want to order an appropriate quantity at the appropriate time. In addition, the error in forecasts also contains useful information, because it is an indicator of how much uncertainty there is in demand.

    Chapter 5, “Discrete Event Simulation of Inventory Processes,” describes a tool that is useful for analyzing inventory processes, the effects of forecasting methods on inventory processes, and how execution failures affect the performance of the inventory system—namely, discrete event simulation. Discrete event simulation is used to study a wide variety of processes and systems, but they are discussing its use only within the context of forecasting and inventory management. Furthermore, many software packages are specifically designed for discrete event simulation, but they explain how to conduct discrete event simulation in Microsoft Excel.

    Prior to Chapter 6, they primarily look at inventory management from the perspective of an individual stock-keeping unit (SKU), but in Chapter 6, “Additional Inventory Management Processes and Concepts,” they consider inventory management with multiple SKUs. One must clearly understand inventory management and theory from the single SKU perspective to be able to fully understand multi-item inventory management since many of the concepts from single item inventory management are used in the discussion of multi-item inventory management. In addition, up to Chapter 6, they only discuss single echelon inventory management, but in Chapter 6 they extend the discussion to include multi-echelon inventory management. Many other related concepts are discussed in Chapter 6, including distribution requirements planning, which is certainly a multi-echelon concept.

    Chapter 7, “Managing Supply Chain Inventory Flows,” looks at a number of topics related to overall management of the flow of inventory, including who owns the inventory, who makes decisions about when and how much to order, where the product flows vis-à-vis where the marketing transactions occur, and other related topics. They also look at questions about where inventory should be held and how orders can cause additional uncertainty in demand as they move up the supply chain.

    Although performance measurement is discussed both directly and indirectly throughout Chapters 2 through 7, Chapter 8, “Inventory Performance Measurement,” focuses on inventory management performance measurement, covering some metrics they do not cover earlier in the book but are important in the discussion. They carefully include content regarding cost trade-offs and cost/service trade-offs throughout the discussion of performance measurement. This is important because many times companies focus on some set of performance metrics at the cost of others that are ignored or not measured.


    How to Become an Inventory Management Specialist | killexams.com real questions and Pass4sure dumps

    Step 1: Earn a Degree

    While a high school diploma or G.E.D. may be sufficient for some employers, others prefer that inventory management specialists possess a minimum of an associate's degree in a business-related specialty such as finance or accounting. These programs typically include core classes in math, accounting, economics, and business fundamentals, as well as elective coursework in project management, leadership, human resources, communication, and problem solving. Alternately, degree programs specializing in the industrial distribution field are available and primarily cover topics such as industrial production processes, business, warehouse management, and product distribution.

    Success Tip:

    It's also helpful to participate in an internship. In addition to coursework, many schools offer internships for credit for students attending a college degree program. These programs can also provide students with real-world experience and skills in their field that can be used after graduation.

    Step 2: Gain Work Experience

    Employers often require that inventory management specialists have prior work experience. Aspiring inventory specialists can gain this experience working in entry-level or supervisory roles in a warehouse. These roles can help employees gain familiarity with picking-packing procedures and standard warehouse equipment such as pallet jacks and forklifts. Experience can also provide an understanding of the Occupational Safety and Health Administration (OSHA) regulations used to ensure safe working practices across the industry.

    Success Tip:

    It's helpful to become familiar with warehouse management and Enterprise Resource Planning (ERP) software. Many large, corporate-owned warehouses track inventory using wireless barcode scanners and touch-screen computers attached to pallet jacks and forklifts used by employees. Increasingly, the warehouse management software used in these computers is being integrated with company-wide ERP software suites such as SAP Enterprise Resource Planning and Oracle Corporation's E-Business Suite. ERP software suites can help streamline distribution by minimizing and optimizing product movement in distribution centers, as well as track and evaluate employee performance. Aspiring inventory control supervisors utilize these suites in order to perform day-to-day management functions efficiently and help train new employees in the correct use of scanning equipment and data entry.

    Step 3: Attain Certification

    Certification may not be required as a condition of employment, but may be helpful, according to the U.S. Bureau of Labor Statistics. The Association for Operations Management (formerly the American Production and Inventory Control Society; still abbreviated as APICS) offers the Certified in Production and Inventory Management (CPIM) certification that teaches essential management concepts, strategies, and terms. Managers can learn techniques to make supply chains more efficient and optimize inventory control to maximize profitability.

    Certification requires candidates to pass exams in module areas such as basic supply chain management, procurement, purchasing, and materials management. Exams are administered via computer-based testing, and the APICS offers various review courses, workshops, and publications for self-study.

    Those certified must complete specified professional development activities every three years to maintain certification. Managers can also take a single recertification exam that combines questions on the five modules in case their certification expires.

    To review what they have learned, inventory management specialists are preferred to have an associate's degree in a business field, some experience in warehousing or inventory control, and computer skills.



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