Use the Enhanced Inventory Valuation Page to Include Operational View of Inventory Value at the Inventory Organization and Subinventory Level

You can now review and analyze inventory value at the inventory organization and subinventory level, where the on-hand quantity and unit cost at that level is used to determine the inventory value. The Inventory infolets have been enhanced to also display the Inventory Value instead of the Costed Value.

New Option to View Inventory Value at Inventory Organization, Subinventory Level

Here are some of the advantages this feature provides:

• Prior to this update, inventory value was only displayed at the valuation unit level. Costed and accounted value was displayed when viewing valuation information by inventory organization and sub inventory.  From this update, the Review Inventory Valuation page will by default display inventory value when viewing data by inventory organization and subinventory at summary level and for each individual item when you drill down to the item level details.

Item Level Inventory Value by Inventory Organization and Subinventory

• The Period Inventory Valuation Report has also been enhanced and a new inventory valuation template has been introduced to view inventory value by item category, inventory organization, and subinventory.

New Template for Viewing Inventory Value by Item Category, Inventory Organization, Subinventory

Steps to Enable

You don't need to do anything to enable this feature.

Tips And Considerations

• The new views will help nonaccounting users to get an operational view of inventory value which may be different from the accounting view in the following instances:

  • Valuation unit is at the cost organization level and user views item level inventory valuation at the inventory organization level.
  • Valuation unit is at the inventory organization level and user views item level inventory value by subinventory.

• Use the Costed and Accounted Value view when performing account reconciliation at the inventory organization or subinventory level.

Key Resources

• Oracle Fusion Cloud SCM: Using Supply Chain Cost Management guide, available on the Oracle Help Center.
• What's New: Use Enhanced Period Inventory Valuation and Gross Margin Reporting

Access Requirements

• Users who are assigned configured job roles that contain these privileges are able to access this feature:
  • Review Inventory Valuation (CST_RUN_INVENTORY_VALUATION_REPORT)
  • Run Inventory Valuation Report (CST_RUN_INVENTORY_VALUATION_REPORT)

• These privileges were available prior to this update.