1Z0-1161-1 practice question 3 of 15
Which feature in Oracle Fusion Cloud SCM helps in optimizing inventory levels?
Full set: 51 questionsOracle Fusion Cloud SCM's Replenishment Planning is specifically designed to optimize inventory levels across the supply chain. It analyzes demand forecasts, lead times, service level targets, and inventory policies to calculate optimal reorder points and quantities. This ensures product availability while minimizing carrying costs, stockouts, and excess inventory. It automates the process of determining when and how much inventory to replenish, directly addressing the goal of optimization.
A. Manufacturing Execution focuses on managing and tracking work orders and operations on the factory floor, not on strategic inventory planning.
B. Cost Accounting is a financial function for tracking and managing the costs associated with inventory, not for optimizing physical stock levels.
D. Supplier Qualification is the process of vetting and approving suppliers, which occurs before inventory planning and procurement.
1. Oracle Corporation. (2023). Oracle Fusion Cloud SCM: Planning Central. Oracle Help Center. Retrieved from https://docs.oracle.com/en/cloud/saas/supply-chain-and-manufacturing/23d/faupl/index.html. (The overview of Planning Central describes its role in balancing supply and demand, with Replenishment Planning as a key component).
2. Oracle Corporation. (2023). Oracle Fusion Cloud SCM: Replenishment Planning. Oracle Help Center. Retrieved from https://docs.oracle.com/en/cloud/saas/supply-chain-and-manufacturing/23d/faipl/index.html. (The entire document details how this module is used to "plan and manage your inventory replenishment").
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