1. What is Inventory Organization?

Ans - An inventory organization is a logical or physical entity in the enterprise that's used to
store definitions of items or store and transact items.

2. What are functions of Inventory Management?

Ans - Inventory Management functionality lets you manage warehouse activities such as
replenishing inventory, counting stock (both cycle count and physical inventory), moving
material within the warehouse, and issuing goods to manufacturing and
Picking ,Shipping ,Receipts and Consigned inventory capabilities are supported as well.

3. List out Inventory Transactions?

Ans - Subinventory Transaction, Miscellaneous Transactions, Interorganization Transfers,

Movement Requests, Reservations and Picks, Confirm Pick Slips, Receipt, shipping, Cycle
counting & Physical counting.

4. Explain the Functionality of the Manage Item Quantity page?

Ans - the Manage Item Quantities page provides you with global visibility to items across
your enterprise as well as details within a particular facility. The page also provides a
number of actions that you can take after selecting a row from your search results. View
item availability, Request movement request transfer, Request movement request issue,
Request miscellaneous transaction, Request cycle count, Manage material status, Edit lot
grade, Request transfer order, View supplier lots, View Item Cross References Etc.

5. What is Available to Transact Qty?

Ans - Available to Transact equals the quantity already reserved and ready to transact.

Available to Transact = (Quantity on Hand) - Pending Transactions – Reservations

6. What is Available to Reserve Qty?

Ans - Available to Reserve equals the quantity on hand minus the quantity already reserved
for other orders.
7. What's the difference between primary quantity and secondary quantity?

Ans - Primary quantity is the quantity of items in the primary unit of measure.

Secondary quantity is the quantity of items in the secondary unit of measure.

8. Define Subinventory Transfers.

Ans - Subinventory transfer is use to transfer material within your current organization
between subinventories, or between two locators within the same subinventory.

9. What types of Availability displays on transaction screen?

Ans - Available- The quantity that's available to transfer based on the unit of measure you
specify

On Hand- The current on-hand quantity for the item, based on the unit of measure you
specify.

Secondary Available Quantity - The quantity that's available to transfer in the secondary
unit of measure.

Secondary On-Hand Quantity-The current on-hand quantity of the item in the secondary
unit of measure. This value displays if the item is under dual unit of measure control.

10. How can I create a Subinventory transfer for consigned inventory transactions?

Ans - Enter a value for the owning party on the Create Subinventory Transfer page.

11. Define miscellaneous transaction.

Ans - Miscellaneous transaction is the transaction which is use to receipt or issue the
material without any documentation. It’s a logic transaction.

12. Uses of Miscellaneous Transactions.

 Ans - miscellaneous transaction use to Load all on-hand items during Inventory
Management Implementation, Issue items to individuals, departments, or projects, Receive
items that were acquired without purchase orders, to Issue damaged items to expense
accounts, such as scrap.

13. Define Interorganization transfers.

Ans - Interorganization transfers enable you to transfer material between inventory

organizations without creating any document. The items that you transfer must be assigned
in both the source and destination organizations.

14. What are types of interorganization transfers?

Ans - 1) Direct interorganization transfers- Direct interorganization transfers move items

directly between inventory organizations. The destination organization receives the material
immediately when you submit the transaction.

2) In-Transit interorganization transfers- Source organization sends stock to FOB (free

on board) point from that point destination organization receives the material.

15. Why can't I select a destination organization when creating an interorganization transfer?

Ans - To create an interorganization transfer between internal organizations, you must first
complete this setup i) Manage Interorganization Parameters

ii) Manage Receiving Parameters

16. Define Movement requests.

Ans - Movement requests are requests for the movement of material within an inventory
organization such as a warehouse or facility with Pickslip document & Approvals.

17. How to perform Movement request?

 Ans - Create Movement Request > Create Picks > Print Pick slip doc (send it to store
keeper) > physically move material > Confirm Pick Slip > Verify On hand Quantity

18. What are the types of Movement request?

Ans - i) Requisition movement requests (Manual created)

ii) Replenishment movement requests (Auto generated)

iii) Work order/Shop floor movement requests (Auto generated)

iv) Pickwave (Auto generated)

19. Can we cancel the remaining quantities of a partially picked movement request line?

Ans - Yes, to cancel remaining qty automatically enable/check the Close movement request
lines at pick confirmation at inventory organization parameter.

Or

You can also manually cancel the remaining quantity on a movement request by using the
Manage Movement Requests. Select Movement req line and from action cancel the
movement request.

20. What is Movement Request Issue and Movement request transfer?

Ans - Movement request transfer transaction type is use to subinventory transfer.

Movement request issue transaction type is use to issue stock against account.

21. While creating movement request, if we select transaction type as movement issue
at header level, is it possible to change at line level?

Ans- Yes, we can change it at line level.

22. If we select receipt routing method at item level is different from we selected in
receiving parameters, then which routing method system will take at the time of
receiving?

Ans- Item level be the 1st preference

23. Is it possible to do miscellaneous transaction from Manage Item Quantity screen?

Ans- Yes, we can do that from Actions, we need to select request miscellaneous
transaction

24. What are the setups for expense item?

Ans- 1-Should not be inventory item, 2- Stockable No, 3- Transactable No, 4-Costing No ,5-
Inventory asset-no

25. Is it possible to Edit COST while performing miscellaneous transaction?

Ans- Yes, We have to give use current cost as NO so that we can update COST

26. What setup should be done before Interorganization transfer?

Ans- Manage interorganization parameter

27. Types of Interorganization transfer?

Ans- Direct and Intrasit

28. Roles required to perform cycle count?

Ans- Warehouse manager for ABC Analysis & Warehouse operator for Cycle Counting

29. What is the mandatory steps to be followed at Warehouse level before starting the
physical counting?
 Ans- Holding the inbound and outbound physical transaction manually by informing the
warehouse team, there is no freeze kind of option available in the system. Physical counting
normally does outside of the business hours.

30. What are the 2 basis on which cycle counting can be done?

Ans- 1. Based on Items & 2. Based on Item Categories

31. What is the reason if we are not able to assign locator at Subinventory level?

Ans- in Inventory organization parameter locator control is should be set as control at

Subinventory level then you can control it at Subinventory level.

32. Why can't I change the locator control of an existing organization at the
Subinventory level?

Ans- You can only change the Locator Control value when there is no on-hand quantity
in the Subinventory. First issue out the on hand and enable locator control and receive the
on hand.

33. What's a transaction source?

A transaction source is the type of entity against which a transaction is charged. Examples
of transaction sources include purchase orders, sales orders, and inventory.

34. What is the difference between Inventory Item & Expense Item?

Ans- Expense Item: Inventory Item-> No, Costing -> No, Stocked -> No, Reservable -> No

& Inventory Item -> All -> Yes

35. What is Min-Max Planning Formula?

Ans- Total Availability = on hand + incoming Supply-Demand,

 Order Qty = Max Qty- Total Availability

36. When the reorder suggestion get created?

Ans- When available qty go below min qty, and we run min-max programs with restock-
>yes

37. Min Max: If the source type -> Organization, what supply suggestion get created

Ans- Internal Requisition

38. For the same item, is it possible to do Min Max planning both Org, SI level?

Ans- No, either of them possible

39. What is meant by consigned Inventory?

Ans- Supplier is maintaining the stock in the customer premises, use & pay.

40. What is meant by consumption advice?

Ans- Providing the information to the supplier about our consumption

41. What is the Subinventory transfer & Movement Request?

Ans- 1) Subinventory Transfer: transfer material within your current organization between
sub inventories, or between two locators within the same sub inventory.2) Movement
Request: Request for the movement of material within an inventory organization such as a
warehouse or facility with proper documentation and approvals.

42. What are important item attributes?

Ans- i) Inventory item-yes/no, stocked, transaction enabled, reservable

 ii) Lot Control, starting prefix, starting number, Lot expiration, Lot split or merge,

iii) Serial control- generation, prefix, starting number

iv) Cycle count, Shippable, Returnable, Invoiceable, Purchasing, and Customer ordered etc.
totally 290+ attributes are there.

43. What is meant by Subinventory?

Ans- Subinventories are unique physical or logical separations of material inventory, such
as raw inventory, finished goods, or defective material. All material within an organization is
held in a subinventory.

44. What are Inventory Tables?

Ans- 1) INV_MATERIAL_TXNS, 2) INV_ONHAND_QUANTITIES_DETAIL, 3)

INV_SERIAL_NUMBERS, 4) INV_LOT_NUMBERS, 5) INV_RESERVATIONS

45. What are the Inventory Roles?

Ans- warehouse manager, warehouse operator, inventory manager, receiving agent, supply
chain operation manager

46. What is the difference between a duty and privilege?

Ans- Duty is collection of Privileges and Privilege is the action allowed to perform.

47. What is significance of LDAP PROGRAMS?

Ans- To sync Roles and Security information between LDAP directory and Fusion
application.

48. What is the purpose of Reference Data Set?

Ans- Reference data sets are used to share common setups across the business units.
49. What is the difference between KFF & DFF?

Ans- KFF->Oracle provided > capture mandatory information ->it’s a mandatory-> data
stored in segments

DFF-> User Defined > capture additional information ->optional -> data stored in attributes

50. What are the Lot related Item attributes?

Ans- Lot control, starting prefix, starting number, maturity days, hold days, Lot expiration,
Lot split, Lot merge, Lot translate, Default Lot status.

51. What is the difference between Abstract role & Job role?

Ans- 1) Abstract roles represent users in the enterprise independent of the jobs they
perform 2) Job roles represent the jobs that users perform in an organization

52. What is the role required to Manage ESS Jobs?

Ans- ESS Administrator

53. What is the difference between Physical Counting & Cycle Counting?

Ans- Physical Counting performed once or twice in a year, no item classification and no
scheduling.

Cycle Counting performed frequently by classifying the items, important items can
be scheduled to count on daily/weekly basis and least important items can be counted on
quarterly or yearly basis.

54. Cycle Counting Adjustment Approvals are available in Fusion?

 Ans- No

55. What are the Replenishment Methods available in Fusion?

Ans- Min -Max planning, Supplier managed, Reorder Point Planning

56. In fusion does record history available?

Ans- Yes

57. Can you please elaborate FBDI Process?

Ans- Download Spreadsheet from Oracle Site - Public Url > Fill the data & Validate the
Data > Convert the spreadsheet into CSV and .Zip file > from File import and export -Save
file in UCM Server (.Zip) > Run 'Load Interface file for import' > Run Import Items/Import
Supplier/Import Sales Order (based on which object you are loading)

58. Backdated transactions allowed or not?

Ans- Mis Receipt, Issue Back date allowed but not future date

59. Is it possible to make an item both serial/lot control?

Ans- Yes

60. How are the attributes used by min-max planning calculations?

Ans- min max minimum quantity, min max maximum quantity, fixed lot multiple, minimum
order quantity, maximum order quantity, round reorder Quantity