Overview of Implementing Inventory Management

Inventory Management functionality lets you manage warehouse activities such as replenishing inventory, counting stock (both cycle count and physical inventory), moving material within the warehouse, and issuing goods to manufacturing. Consigned inventory capabilities are supported as well.

Set up Oracle Inventory Management so that your users can take advantage of the Inventory Management work area to streamline warehouse operations.

This table describes the setup tasks in the Define Inventory Management task list.

Setup Task	Required or Conditional	Description
Manage Subinventories and Locators	Conditional	Configure parameters related to the transfer of material between two subinventories.
Manage Interorganization Parameters	Conditional	Configure interorganization parameters to define accounting information and relationships that exist between a shipping organization and a destination organization.
Manage Account Aliases	Conditional	Configure account aliases to provide an easily recognizable name or label for general ledger account numbers.
Manage Transaction Source Types	Conditional	Configure inventory transaction sources to use while performing transactions to classify transactions according to their origin, such as purchase order, sales order, account number, or physical inventory.
Manage Transaction Reasons	Conditional	Configure inventory transaction reasons to classify or explain the reason for an inventory transaction. An inventory transaction reason can be specified when performing miscellaneous transactions.
Manage Item Transaction Defaults	Conditional	Configure item transaction defaults to define default subinventories and locators for items for shipping, receiving, and movement request transactions.
Manage Material Statuses	Conditional	Configure user-defined material statuses to control the transactions that can be performed on the material. Material status can be assigned either at the subinventory, locator, lot, or serial number level.
Manage Pick Slip Grouping Rules	Conditional	Configure the grouping of picks into pick slips.
Manage Picking Rules	Conditional	Configure picking rules to enable the selection of material based on defined criteria.
Manage Picking Rule Assignments	Conditional	Configure the assignment of a picking rule to any combination of criteria and prioritize the rule assignment within the organization.
Manage Consumption Rules	Conditional	Manage rules to determine ownership change of consigned inventory.
Manage Intersubinventory Parameters	Conditional	Configure parameters for transferring material between two subinventories within an organization.
Manage Lot Grades	Conditional	Configure lot grades to describe the particular makeup and quality characteristics of items in a lot.
Manage Lot Expiration Actions	Conditional	Configure lot expiration actions to indicate the action required on a lot when it expires.
Manage Lot and Serial Attributes Mapping	Conditional	Assign lot and serial number attribute descriptive flexfield context to an item or item category.
Manage ABC Classes	Conditional	Configure ABC classes to identify the value groupings to which items will be assigned.
Manage ABC Classification Sets	Conditional	Configure the valuation and scope of the ABC analysis performed against an inventory based on quantity, value, or history of the item.
Manage ABC Assignment Groups	Conditional	Configure ABC assignment groups and associate ABC classes to the respective ABC assignment groups.
Manage Inventory Profile Options	Conditional	Define profile option settings and values to control inventory behavior such as Material Status Support or Inventory Transaction Date Validation.
Manage Inventory Lookups	Conditional	Review and maintain lookup values for Inventory, such as Movement Request, Pick Slip Print Options, and Lot Origination Type.
Manage Inventory Value Sets	Conditional	Create and edit inventory value sets.
Manage Inventory Descriptive Flexfields	Conditional	Define validation and display properties of descriptive flexfields for inventory. Descriptive flexfields are used to add user-defined attributes to entities.
Manage Inventory Account Alias Key Flexfield	Conditional	Define the inventory account alias key flexfield segments and validation for use as inventory account alias classification keys. The inventory account alias key flexfield must be defined for inventory to operate.
Manage Inventory Locator Key Flexfield	Conditional	Define the inventory locator key flexfield segments and validation for use as inventory locator classification keys. The inventory locator key flexfield must be defined for inventory to operate correctly.
Import Oracle Fusion Data Extensions for Transaction Business Intelligence (scheduled process)	Conditional	Import extensible data, including data in descriptive flexfield segments, and key flexfield segments into Transactional Business Intelligence. Note: The Import Oracle Fusion Data Extensions for Transaction Business Intelligence scheduled process is an Oracle Fusion Application Toolkit (ATK)-level task.

Here are the steps to access the tasks for your Inventory Management setup:

1. In the Setup and Maintenance work area, go to the Inventory Management functional area:

   • Offering: Manufacturing and Supply Chain Materials Management

   • Functional Area: Inventory Management

2. On the Setup: Manufacturing and Supply Chain Materials Management page, select All Tasks from the Show drop-down list.

Common Tasks That You Perform for Inventory Management

Inventory Management requires that you perform the following common tasks:

• Manage Profile Options

• Manage Lookups

• Manage Value Sets

• Manage Descriptive Flexfields

These tasks are common to most Oracle applications. For details about how to perform them, see the Oracle Fusion Cloud SCM: Implementing Common Features for Oracle SCM guide.