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.

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

Legal Entities

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

Reporting Structures

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

Cost Centers, Departments, Facilities, and Reference Data

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

Inventory Transactions

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

Advanced Inventory Transactions

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

Consigned Inventory from a Supplier

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

Back to Back Processing

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

Plan Inventory Replenishment

• 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
• Set up the min-max related item and item subinventory‒level attributes
• Run a Min-Max Plan

Inventory Counts

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

Supply Chain Orchestration Overview

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

Supply Lines and Exceptions

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

Data Integration Approaches

• Import on-hand balances via the ADF Desktop Integration
• Import Transfer Orders via the ADF Desktop Integration

Costing and Inventory Foundations

• Explain Cost Accounting
• Explain Common Inventory Configurations
• Describe Managerial Accounting Basics

Project Specific Inventory

• Pick Project-Specific Inventory
• Receive Project-Specific Inventory

Transfer Project-Specific Inventory

• Receipt and Shipment Process
• Inventory Transactions and Inventory Balances
• Integrate with 3PL and Warehouse Management Systems

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.