ORACLE INVENTORY

1. Explain the different levels of Inventory org structure ? 2. What is Operating Unit ? 3. What is Legal Entity ? 4. What is Inventory Organization ? 5. What is Set Of Books ? 6. In which setup you control the costing method ? 7. What is Item master organization ? 8. How many item master organization we can setup ? 9. What is Subinventory ? 10. What is Locator ? 11. Are Subinventory or Locators mandatory ? 12. Can you copy inventory org structure ? 13. What is shipping network ? 14. Explain UOM and UOM class ? 15. Explain Item status controls ? 16. How many Item attributes we can setup ? 17. How you can provide custom item attributes ? 18. What are status attributes ? 19. Explain the functionality of Item templates ? 20. How Item types are defined ? 21. Explain the use of cross-references ? 22. Explain Item categories ? 23. What is the difference between category and category set ? 24. How do you assign items to item categories ? 25. How do you load /import items ? 26. Explain the use of Item revisions ? 27. How do you search items ? 28. How do you delete items ? 29. What are deletion constraints ? 30. Can we have custom deletion constraints ? 31. What are different type of serial number uniqueness ? 32. How do you generate serial numbers ? 33. Can serial numbers and lot numbers co-exists for an item ? 34. Where do you enable or disable serial / lot number capabilities for an item ? 35. What is material status ?

36. Explain the use of material status ? 37. List some of the seeded material transaction types ? 38. What are transaction sources ? 39. Can we have custom transaction sources / types ? 40. What are the benefits of account aliases ? 41. What is the difference between subinventory transfer and movorder? 42. Can move orders support inter-organization transfer ? 43. What is miscellaneous transactions ? 44. Explain the use of shortage notifications ? 45. Where do you enable the shortage notifications ? 46. How do you do inter-org transfer ? 47. Is sales order mandatory for inter-org transfer ? 48. Explain the difference between direct transfer and intransit transfer ? 49. Can we purge material transactions ? 50. Can we import material transactions through API ? 51. What is vendor managed Inventory (VMI) ? 52. What consigned Inventory ? 53. What is the difference between VMI & consigned inventory ? 54. Explain the life cycle of move orders ? 55. What are the different ways move orders are created ? 56. What forecasting methods oracle inventory supports ? 57. When do you generate forecast automatically and when do you setup manually ? 58. Explain the min-max planning functionality ? 59. Explain the Re-Order Planning (ROP) process ? 60. What is the difference between Min-Max and ROP ? 61. What is safety stock ? 62. How safety stock is calculated ? 63. Explain replenishment counting ? 64. What is the purpose of ABC analysis ? 65. Explain the cycle counting process ? 66. Explain the physical inventory process ? 67. When do you recommend cycle counting Vs physical inventory ? 68. What are the key flex fields (KFF) in Oracle Inventory ? 69. What are the descriptive flex fields (DFF) in oracle inventory ?