Oracle E-Biz Inventory Module
1. What is Oracle Inventory?
Answer: Oracle Inventory is a module within the Oracle E-Business Suite that helps businesses track and manage
their inventory. It provides tools for managing stock, handling receipts, shipments, and ensuring the efficient
movement of goods across warehouses.
2. What is an "Item" in Oracle Inventory?
Answer: An item in Oracle Inventory represents a product or material that is managed within the system. Items can
be raw materials, finished goods, or components that are bought, sold, or used in production.
3. What is a "Warehouse" in Oracle Inventory?
Answer: A warehouse in Oracle Inventory is a physical location where inventory items are stored. The system allows
businesses to manage inventory levels, track stock movements, and perform transactions by warehouse.
4. What is the "Item Master" in Oracle Inventory?
Answer: The Item Master is a central database in Oracle Inventory where all item records are stored. It contains
information such as item descriptions, categories, and attributes. Items in Oracle Inventory are linked to the Item
Master for consistent management.
5. What is the "Inventory Organization" in Oracle Inventory?
Answer: An inventory organization represents a functional unit within a company that manages inventory. Each
organization can have multiple warehouses, and the inventory is tracked separately within each organization.
6. Is INVENTORY is part of the Supply Chain Process?
Answers: Yes
7. What is a "Receipt" in Oracle Inventory?
Answer: A receipt in Oracle Inventory refers to the action of receiving items into the warehouse. When goods are
received (e.g., from suppliers), they are recorded in the system as receipts, which update the inventory quantities.
8. What is Unit of Measure (UOM)?.
Answer:
Unit of Measure (UOM) is the unit in which inventory items are stored, purchased, and sold. For example, an
item might be measured in each (EA), box, pound (LB), kilogram (KG), liter (L), meter (M), etc.
The UOM defines how inventory transactions (e.g., receipts, issues, transfers) are recorded and how the
system calculates stock levels.
9. What is a Multi-Org Structure?
Answer:
The Multi-Org Structure allows an organization to manage multiple legal entities, operating units, and
inventory organizations under a single Oracle EBS instance. This setup provides flexibility for companies with
multiple subsidiaries, departments, or locations.
It enables organizations to segregate data such as accounting, inventory, and sales across different business
entities while ensuring that reporting and data management remain streamlined.
10.In Inventory One Item can be assigned Multiple Inventory Org.
Answer: Yes
11.What are the key components of Oracle EBS Inventory?
Answer:
Items: The physical objects or services that are inventoried.
Organizations: The legal entities or business units that manage inventory.
Sub inventories: The physical locations within an organization where inventory is stored.
Transactions: The activities that affect inventory levels, such as receipts, issues, and transfers.
12.What are the different item types in Oracle EBS Inventory?
Answer:
Inventory Item: Physical items that are stored in inventory.
Non-Inventory Item: Items that are not physically stored, such as services or labor/Service.
13.What are the main types of inventory transactions?
Answer:
Receipts: Adding inventory to stock.
Issues: Removing inventory from stock.
Transfers: Moving inventory between sub inventories or organizations.
14.What are the different types of receipts?
Answer:
Purchase Order Receipts: Receipts from suppliers.
Direct Receipts: Receipts that are not associated with a purchase order.
Return Receipts: Receipts of returned items.
15.What is inventory cycle counting?
Answer:
Inventory cycle counting is a process of physically counting a portion of inventory on a regular basis to verify
inventory balances.
