Redwood: Review Item Costs

The Item Costs page helps you analyze and understand the as-of-date cost of an item for a valuation unit based on the cost method selected for the cost organization and cost book. You can also drill down to view receipt layers making up the item cost in case of perpetual average, actual cost, and periodic average cost method. The page has been enhanced in Redwood to now stripe search and search results by cost method for better usability and performance. You can now also drill down to view recent costing transaction and distributions for the item.

Data Striping of Item Costs by Cost Method to boost performance

Data Striping of Item Costs by Cost Method to boost performance

Search Filters and Search Results are optimized for each cost method

Search Filters and Search Results are optimized for each cost method

Seamless navigation to drill down into details

Seamless navigation to drill down into details

Enhanced explainability of data

Enhanced explanation of data

Some of the benefits of this new page include: 

  • Highly performant: The item cost data is now logically striped by cost method to enhance page performance.
  • Actionable Insights for Decision-Making: Real-time item costs, drill down capabilities, and detailed reporting improve financial control.
  • Better User Experience: Intuitive search, filtering, and navigation reduce manual effort and increase productivity.
  • Seamless Navigation from Other Pages: Easily access the page from related cost management pages, ensuring a smooth workflow and reducing time spent switching between screens.

Steps to Enable

  1. In the Setup and Maintenance work area, search for and select the Manage Administrator Profile Values task.
  2. On the Manage Administrator Profile Values page, search for and select the ORA_CST_REVIEW_ITEM_COSTS_REDWOOD_ENABLED profile option code.
  3. In the Profile Values section, set the Site level to Yes. The default value is No.
  • Yes = enables the feature
  • No = disables the feature
  1. Click Save and Close. Changes in the profile value will take effect the next time you sign in.

Tips And Considerations

  • You can provide guidance such as tutorials, company policies, and best practices in the context of Item Costs using guided journey tasks. 
  • If you have an item costed with different cost methods across cost books, you may have to perform multiple searches to view details.

Key Resources

  • Oracle Fusion Cloud SCM: Implementing Manufacturing and Supply Chain Materials Management Guide, available on the Oracle Help Center.
  • Oracle Fusion Cloud SCM: Using Cost Management Guide, available on the Oracle Help Center.

Access Requirements

Users who are assigned a configured job role that contains the following privilege can access this feature:

  • View Item Cost (CST_VIEW_ITEM_COST)
  • View Item Costs by Web Service (CST_VIEW_ITEM_COSTS_WEB_SERVICE)