Oracle Inventory Cloud 2020 Implementation Essentials : 1z0-1073-20

  • Exam Code: 1z0-1073-20
  • Exam Name: Oracle Inventory Cloud 2020 Implementation Essentials
  • Q & A: 80 Questions and Answers

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About Oracle Inventory Cloud 2020 Implementation Essentials : 1z0-1073-20 Exam

Introduction to Oracle 1z0-1073-20: Oracle Inventory Cloud 2020 Implementation Essentials Administrator Exam

Oracle 1z0-1073-20: Oracle Inventory Cloud 2020 Implementation Essentials Administrator Administration Exam assesses the abilities of the cloud Administrators and System Administrators who have at least 1 year of experience in RAC and Grid Infrastructure. The candidates should have the ability to install, manage, tracking, tuning, and restoring RAC clouds, cluster, and Oracle Automatic Storage Management (ASM). They should have a good understanding of the architectures of the ASM, Clusterware, and Oracle RAC clouds. They should also know how to install, setup, backup, and recovery monitoring and tuning of these components.

Oracle Real Application Clusters (RAC) in cloud computing is a choice for Oracle Database software developed by Oracle Corporation, it provides clustering software and high availability in Oracle cloud environments. With the Enterprise Version, Oracle Corporation includes RAC, provided the nodes are clustered using Oracle Clusterware. Oracle RAC allows several machines when accessing a single cloud, to run Oracle RDBMS software simultaneously, offering to cluster.

The Oracle Grid Infrastructure for an independent server is the Oracle software that offers system support for a cloud including the file system, volume management, and automation of the restart process. If you want to utilize the Oracle restart or Oracle Automatic Storage Management (ASM) services, you have to install Oracle grid infrastructure before installing Oracle cloud.

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 the fundamental structures for an enterprise
  • Configure an Enterprise Structure using the Configuration Workbench
  • Explain Jurisdictions and Legal Authorities

Legal Entities

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

Reporting Structures

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

Cost Centers, Departments, Facilities, and Reference Data

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

Inventory Transactions

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

Advanced Inventory Transactions

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

Consigned Inventory from a Supplier

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

Back to Back Processing

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

Plan Inventory Replenishment

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

Inventory Counts

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

Supply Chain Orchestration Overview

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

Supply Lines and Exceptions

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

Data Integration Approaches

  • Import on-hand balances via the ADF Desktop Integration
  • Import Transfer Orders 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
  • Receipt and Shipment Process
  • Inventory Transactions and Inventory Balances

Average Salary for Oracle 1z0-1073-20: Oracle Inventory Cloud 2020 Implementation Essentials Exam Certified Professional

Oracle cloud administrator roles are in great demand nowadays. The average salaries of Oracle 1z0-1073-20 Exam Certified professional in:

  • Europe - 80,000 Euro
  • India - 69,96,000 INR
  • United State - 94,000 USD
  • England - 71,000 POUND

Oracle 1z0-1073-20 Exam Syllabus Topics:

SectionObjectives
Topic 1: Integration and Tools- Supply Chain Orchestration basics
- Integrate with external systems (e.g., ADFDi, FBDI)
Topic 2: Inventory Counting and Replenishment- Cycle counts and physical inventory
- Min-max planning and replenishment
Topic 3: Enterprise Structure Configuration- Configure inventory organizations and legal entities
- Design enterprise structures
Topic 4: Back-to-Back Order Processing- Exception management
- Back-to-back flow execution
Topic 5: Advanced Inventory Features- Material status control
- Project-specific inventory transactions
- Inventory balances and availability
- Lot and serial control
Topic 6: Inventory Transactions- Movement requests and transfer orders
- Receipts and issues
- Interorganizational transactions
- Create subinventory transfers and miscellaneous transactions
Topic 7: Consigned Inventory Management- Ownership transfer and returns
- Consignment process and consumption advice

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