This chapter contains the following:
Product Information Management consists of three products:
Oracle Fusion Product Model
Oracle Fusion Product and Catalog Management
Oracle Fusion Product Hub
All Product Model features are also available in Product and Catalog Management and in Product Hub. All Product and Catalog Management features are also available in Product Hub.
Product Model includes the following features:
Access and Search Product Master Data: Quickly search for items using single keywords. Perform advanced searches by specifying various parameters and criteria as well as building more complex searches using search operators to quickly find products. Define saved searches enabling you to promote reuse and provide quick access to searches that need to be performed frequently.
Analyze Product and Service Master Data: Analyze product master data through embedded analytics that provide you with actionable insight into your processes.
Manage Imports: Manage the import of items and related entities using industry standard open interface tables allowing you to quickly import data into the production schema as well as enabling migration of data from existing applications.
Define Items: Define and manage base reference data and profile options related to items such as cross-reference types, item relationship types, related value sets, item templates, item types, and item statuses.
Define Catalogs: Define and manage catalogs to categorize items in a structured hierarchy. Associate images and attachments to catalogs and categories to help you quickly build rich catalog content. Share category and item associations from a source or master catalog with multiple catalogs enabling you to reuse existing data and ease administration of catalogs.
Define Product: Create items and apply predefined templates that provide all of the basic information to help you get started quickly.
Manage Product Attachments: Associate unstructured content as attachments to a product. Categorize attachments in various predefined and user defined categories to organize and provide quick access to important documents for the product.
Manage Product Bundles and Structures: Define and manage product structures to represent various product hierarchies. Copy product structures from existing structures with the ability to preview the components you are copying. Associate common product structures to a master product structure to maintain a single definition across multiple organizations.
Define Product Structures: Define and manage product structure types to categorize various product structure hierarchies. Create and administer structure names and associated usage rules allowing further classification and identification of different product hierarchies. Enable lifecycle phase and structure usage rules to ensure correct and accurate structure information is maintained and used. Define component usage rules to ensure only valid components can be used in the product structure.
Manage Product Relationships and Associations: Define item relationships to relate two internal items using predefined as well as user defined relationship types. Capture attributes to further qualify the relationship as well as specify effectivity dates to phase the relationships in or out. Define and maintain GTIN (Global Trade Identification Number) cross references to relate items using the industry standard allowing for tracking and identification of trading partner items. Assign items to multiple organizations to manage them in context of locations they are manufactured, stocked, and distributed from.
Manage Product Revisions: Manage item revisions to track major changes to an item in terms of its form, fit, or function. Introduce new item revisions through a formal change order framework to generate an audit trail as well as streamline implementation of new revisions.
Manage Product Specifications: Specify values for product operational attributes at a product level as well as product revision level, allowing you to control how an item is processed by downstream applications.
Manage Trading Partners' Products: Define and manage trading partner items such as customer items, and associate them with an internal item. Define and manage manufacturer part numbers and associated attributes, which enables you to relate multiple manufacturer parts to an internal item. Define and manage competitor items to relate similar items that might be sold or manufactured by your competitors.
Release Product to Market: Release products by moving product to appropriate lifecycle phases and item statuses. Process lifecycle phases and item statuses through a formal change order process to automate product releases. Approve products before releasing to sales and marketing systems, enabling a streamlined release management process.
Obsolete Products and Services: Define and manage deletion groups to process purging and obsoleting products and services that are no longer being transacted in the enterprise. Create deletion constraints to identify and account for all transactions and entities that reference a product, thus maintaining integrity before a product can be purged. Process product lifecycle phase and item status changes through a formal change order that provides an audit trail as well as controlled retirement of products and services.
Product and Catalog Management includes the following features:
Define New Item Requests: Create and edit requests for new items and specify routing and approval parameters.
Define Product: Specify product characteristics, specifications, and features using extended user defined attributes that are associated with a product. Perform error checking and validation functions while creating a product to ensure a complete product definition.
Define Product Rules: Create and edit rules for products. Rules can be used to assign values to attributes, validate dependencies between attributes and require approval through change orders for certain types of attribute updates.
Manage Item Versions: Define and manage item versions to track granular changes for a given item revision, providing additional control for changes that do not warrant an item revision change.
Standardize Product and Service Data: Eliminate potential duplicates by standardization of product numbers and descriptions based on user defined rules and formats.
Define and Manage Product Change Orders: Create product change orders to process changes to product attributes, lifecycle phases, item statues and product structures. Submit changes through a formal review and approval workflow to ensure successful and validated implementation of change orders. Implement changes through multiple organizations by propagating change orders to organizations while still having the flexibility to adapt implementation schedule based on individual organizations. Move or split change order lines to new or existing change orders to avoid bottlenecks in processing and implementation.
Manage New Product Definition and Approval: Define and manage new item requests to enable a formal definition and approval workflow. Definition steps can include product attributes, product structures, item relationships, item attachments, and organization assignment. Manage multiple item definition belonging to different item classes in a single new item request.
Manage Product Mass Updates: Perform mass updates on item information including changes to item attributes, item supplier associations, item reclassification, and organization assignments.
Manage Product Packs: Define and manage product pack information by creating homogeneous and heterogeneous packaging configurations of sellable items. Separate product pack hierarchy changes enabling quick visualization and identification for changes to the pack hierarchy.
Manage Product Security: Assign role based security at a product level to control access to items. Assign data level security at each individual attribute group level to further control access to sensitive information. Assign appropriate functions and privileges to users or groups of users to control who can create, edit, and view item data.
Manage Supplier Collaboration: Collaborate with trading partners on item data including item attributes, product structures, and packaging configurations. Secure trading partner access by assigning privileges. Communicate critical changes with suppliers through change order workflows to review, validate accuracy, and approve changes for supplier items.
Associate external items such as supplier items and specify supplier item attributes to capture rich detail for the supplier items. Extend the supplier item relationships to associate supplier items to multiple organizations from which they are supplied and received.
Product Hub includes the following features:
Define Advanced Catalogs: Share category and item associations from a source or master catalog with multiple catalogs.
Manage catalog mapping between two catalog hierarchies as well as attributes for the catalog and categories. (Product Hub only.)
Set Up Product Source Systems: Create and edit definitions for systems from which items are sourced. Define and maintain source system item cross references to map and identify items that have been consolidated from multiple source systems into a single master item.
Define Data Quality for Products: Define and maintain profile options and metadata to support data quality for products.
Manage Import Batches: Define item batches to import sets of item data including product structures and packaging hierarchies from multiple product source systems. Specify import options for an item batch to schedule batch loads, governance and workflow policies for new item definition and approval and product changes. Specify data quality options for matching and standardization for an item batch to cleanse product data during batch import.
Cleanse Product and Service Data: Perform data cleansing functions using the data quality engine. Match product records being imported into the product hub through item batches. Use data quality functions such as Check for Duplicates during product creation to ensure data quality and eliminate redundant data at the source. Define and manage matching rules based on attributes and weighting to enable you to rank and resolve potential duplicates with ease.
Standardize Product and Service Data: Perform data cleansing functions using the embedded data quality engine. Standardize item data while importing products through item batches as well as in real-time during product creation. Define and Manage standardization rules to standardize attribute values as well as automating reclassification and categorization of imported items.