Redwood: Reduce Inventory When You Don't Pick or Ship
Reduce the amount of inventory that you have to carry when you don't pick or ship the item that you're selling. Use this feature for each standard, shippable item that you sell.
Realize these benefits:
- Reduce the on-hand quantity in your warehouse.
- Allocate cost and recognize cost of goods sold when you don't pick, pack, and ship your sales orders.
You can already reduce inventory on Oracle Order Management's classic pages. Now you can do it on the redesigned pages too.
Try it:
- Go to the Order Management work area, then click Sales Order (New).
- Set values on the order header.
- Add an order line then set these values:
Attribute
Value
Warehouse
Select one.
Subinventory
Select one.
Allow Inventory Transaction
Yes
- Click the icon in the Manage column, then set values for these attributes:
- Revision Number
- Locator
- Lot
- From Serial Number
- To Serial Number
For example:
Steps to Enable
You must assign the security policy that you need to use this feature to the role that does the transaction. This policy allows the user to select the locator, lot, and serial number. This example assigns the policy to the Order Entry Specialist job role:
- Go to the Security Console, query for the Order Entry Specialist (ORA_FOM_ORDER_ENTRY_SPECIALIST_JOB) job role, then click Actions > Edit Role.
- On the Basic Information page, click Next > Next.
- On the Data Security Policies page, click Create Data Security Policy, set these values, then click OK:
Attribute
Value
Policy Name
Inventory Data Set
Data Resource
Inventory Organization
Its greyed out, but you can set it. Click the magnifying glass.
Data Set
All Values
Actions
Manage Inventory Locator
Manage On-Hand Quantity
Manage Item Lot and Item Serial
- Click Next > Next > Next > Save and Close.
- Go to the Scheduled Processes work area and run the Import User and Role Application Security Data scheduled process.
Tips And Considerations
- You can implement the same behavior with the redesigned pages that you can implement with the classic pages. For details, see the content that starts with Reduce Inventory When a Sales Order Doesn't Require Picking or Shipping.
- You can use this feature with a standard, shippable item. You can't use it with configured item or kit.
Key Resources
Access Requirements
Users who are assigned a configured job role that contains these privileges can access this feature:
- Initiate Order (FOM_CREATE_ORDER_PRIV)
- View Orders (FOM_VIEW_ORDERS_PRIV)
- Revise Order (FOM_REVISE_ORDER_PRIV)
These privileges were available before this update.