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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Who should take the Oracle 1z0-1073-20: Oracle Inventory Cloud 2020 Implementation Essentials Exam

The Oracle Cloud Platform Application Development 2020 Specialist exam is designed for app dev professionals who possess expertise in implementing cloud solutions. This certification covers implementation topics of related Oracle PaaS Services such as Visual Builder Studio, Oracle WebLogic Server for OCI, Container Native Technologies (OCIR, OKE, Container Pipelines, Functions), and Mobile Hub. This certification validates understanding of the Application Development portfolio and capacity to configure the services. Up-to-date training and hands-on experience supporting or leading Cloud App Dev implementations, or equivalent practice is recommended. This certification is available to all candidates.

Reference: https://education.oracle.com/oracle-inventory-cloud-2020-implementation-essentials/pexam_1Z0-1073-20

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How to Study the Oracle 1z0-1073-20: Oracle Inventory Cloud 2020 Implementation Essentials Exam

There are many ways to prepare for the Oracle 1z0-1073-20 exam. Various strategies can be developed if you are planning to take this exam. Candidates can refer to various PDFs available online and even refer to online videos to prepare for the exam. Various websites are offering practice exams to help you prepare for the exam. Certificate questions provide the most up to date 1z0-1073-20 exam dumps and we recommend taking the 1z0-1073-20 practice exams after studying. The candidates must have to take a certification course or training before giving the Oracle 1z0-1073-20 exam, which will also help them prepare for the exam. Candidates can also take the following recommended courses to prepare for the exam:

• Oracle Database 12c: RAC Administration
• Oracle Database 12c: ASM Administration and
• Oracle Database Learning Subscription
• Oracle Database 12c: Clusterware Administration and

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
• Explain Jurisdictions and Legal Authorities
• 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

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

Cost Centers, Departments, Facilities, and Reference Data

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

Inventory Transactions

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

Advanced Inventory Transactions

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

Consigned Inventory from a Supplier

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

Back to Back Processing

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

Plan Inventory Replenishment

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

Inventory Counts

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

Supply Chain Orchestration Overview

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

Supply Lines and Exceptions

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

• 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

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