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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.

This exam guide gives a brief introduction to the topics of 1z0-1073-20 practice exams and 1z0-1073-20 exam dumps.

Reference: https://education.oracle.com/oracle-inventory-cloud-2020-implementation-essentials/pexam_1Z0-1073-20

Benefits in Obtaining Oracle 1z0-1073-20: Oracle Inventory Cloud 2020 Implementation Essentials Exam Certification

Oracle 1z0-1073-20 Certification will strengthen your knowledge and skills by introducing you to a wide variety of important cloud features, functions, and tasks. Oracle Database certification trains you on how to perform complex, hands-on activities through study, labs, and practice. This certification will - help you gain a better understanding and experience with Oracle RAC and Grid Infrastructure. After gaining this certification you will be able to install, maintain, tune, and recover RAC clouds, Clusterware, and ASM environments. if you are unsure that which is the correct option, mark the most suitable option as your answer so that any question should not be left unanswered in 1z0-1073-20 exam dumps.

Earning this certification gives you a competitive advantage by developing a skill set that is in demand in the world. 80% of Oracle's certified people reported that certification helped them in promotion, increase in wages, or other career improvements. You will also get a digital badge that you can display on your LinkedIn profiles. 1z0-1073-20 exam dumps are the best practice for the preparation.

Oracle 1z0-1073-20 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Inventory Cloud 2020 Implementation Essentials
Exam Number:1Z0-1073-20
Available Languages:English
Related Certifications:Oracle Inventory Cloud Service Implementation Specialist
Real Exam Qty:55
Exam Format:Multiple Choice, Multiple Response
Exam Price:$245 USD
Certificate Validity Period:18 months (Oracle certification validity; may vary by program policy)
Passing Score:64%
Exam Duration:90 minutes
Recommended Training:Oracle Inventory Cloud Training
Exam Registration:Oracle Certification Registration
Sample Questions:Oracle 1z0-1073-20 Sample Questions
Exam Way:Online proctored or testing center
Pre Condition:No formal prerequisite required, but familiarity with Oracle Cloud SCM and inventory processes is recommended.
Official Syllabus URL:https://education.oracle.com/oracle-inventory-cloud-2020-implementation-essentials/pexam_1Z0-1073-20

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

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

Cost Centers, Departments, Facilities, and Reference Data

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

Inventory Transactions

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

Advanced Inventory Transactions

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

Consigned Inventory from a Supplier

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

Back to Back Processing

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

Plan Inventory Replenishment

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

Inventory Counts

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

Supply Chain Orchestration Overview

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

Supply Lines and Exceptions

  • Analyze and manage the making flow within Supply Chain Orchestration
  • Analyze and manage the buy flow within Supply Chain Orchestration
  • Manage supply request exceptions
  • Analyze and manage the material request 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
  • Inventory Transactions and Inventory Balances
  • Receipt and Shipment Process

Oracle 1z0-1073-20 Exam Syllabus Topics:

SectionObjectives
Inventory Reporting and Analytics- Inventory inquiry and tracking
- Standard inventory reports
Costing and Valuation- Costing methods and rules
- Inventory valuation
Inventory Transactions Management- Material issue and transfer transactions
- Receiving and putaway processes
- Inventory adjustments and corrections
Inventory Cloud Setup and Configuration- Enterprise structure setup
- Items and item attributes setup
- Inventory organization configuration
Integration and Period Close- Integration with Oracle SCM Cloud modules
- Period close and reconciliation processes

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