Oracle Inventory III

®

Inventory: Part 3 Release 11i

Classroom Lab Exercises

Prepared by Oracle University:

Author: Larry PhillipsCreation Date: November 24, 2000

Last Updated: April 11, 2001

TABLE OF CONTENTS

LAB 37: DEFINE A SUBINVENTORIES........................................................................................................................LAB 38: MISCELLANEOUS TRANSACTIONS................................................................................................................LAB 39: COMPILE AN ABC ANALYSIS......................................................................................................................LAB 40: DEFINE ABC CLASSES................................................................................................................................LAB 41: DEFINE ABC GROUP..................................................................................................................................LAB 42: INITIALIZE THE CYCLE COUNT....................................................................................................................LAB 43A: ENTER CYCLE COUNT ENTRIES................................................................................................................LAB 43B: APPROVE CYCLE COUNT ENTRIES...........................................................................................................LAB 44A: PHYSICAL INVENTORY............................................................................................................................LAB 44B: CREATE PHYSICAL INVENTORY TAGS......................................................................................................LAB 44C: PRINT PHYSICAL INVENTORY TAGS.........................................................................................................LAB 44D: ENTER TAG COUNTS...............................................................................................................................LAB 44E: PRINT ADJUSTMENT REPORT...................................................................................................................LAB 44F: APPROVE TAG COUNT ENTRIES...............................................................................................................LAB 44G: BOOK TAG COUNTS................................................................................................................................LAB 44H: VIEW QUANTITY ON-HAND.....................................................................................................................LAB 45A: CREATE A STANDARD PURCHASE ORDER.................................................................................................LAB 45B: CREATE AN EXPRESS RECEIPT..................................................................................................................LAB 46A: CREATE A STANDARD PURCHASE ORDER.................................................................................................LAB 46B: CREATE A CASCADE RECEIPT...................................................................................................................LAB 47A: CREATE A STANDARD PURCHASE ORDER.................................................................................................LAB 47B: CREATE A RECEIPT..................................................................................................................................LAB 47C: PERFORM QUALITY INSPECTION TRANSACTION.........................................................................................LAB 47D: DELIVER GOODS TO A FINAL DESTINATION..............................................................................................LAB 47E: RETURN GOODS TO THE SUPPLIER............................................................................................................LAB 48: REVIEWING RECEIVING TRANSACTIONS......................................................................................................LAB 49: REVIEWING RECEIVING TRANSACTIONS......................................................................................................

Copyright Oracle Corporation. All rights reserved.Inventory 11i: Part 3 4/11/2023 4/11/2023 Page 2

Lab 37: Define a Subinventories

Þ Step Description: Define and update subinventories for use in Cycle Counting Lab

1. Inventory2. Setup3. Organizations4. SubInventories

Subinventory Windows <click on Open button>

Name TXX-FGI

Description TXX SUBINVENTORY

Window Tab Main

Quantity Tracked

Asset Subinventory

Depreciable

Include in ATP

Allow Reservation

Nettable

Locator Control None

Picking Order

Inactive On

Save


Lab 38: Miscellaneous Transactions

Þ Step Description:: Place some items into a subinventory to be used for cycle count Lab

1. Inventory2. Transactions3. Miscellaneous Transactions

Date<default>

Type Account alias receipt

Source MISC_RCPT

<click on Transaction Lines button>

Enter all items before Saving.

Transaction Lines WindowsCM13375 CM13139 AS54888 AS54999 AS72111

Subinventory TXX-FGI TXX-FGI TXX-FGI TXX-FGI TXX-FGI

Lot

UOM<default> <default> <default> <default> <default>

Quantity 74 600 100 150 200

Reason PHYSICAL INVENTORY

PHYSICAL INVENTORY

PHYSICAL INVENTORY

PHYSICAL INVENTORY

PHYSICAL INVENTORY

<click on New

icon >

<click on New

icon >

<click on New

icon >

<click on New

icon >

<click on New

icon > Enter next item.

Enter next item. Enter next item.

Enter next item. Save


Lab 39: Compile an ABC AnalysisPages: 3.82-101, 10.14-20Þ Step Description: Compile an ABC analysis for the TXX-FGI Subinventory

1. Inventory2. ABC Codes3. ABC Compiles

ABC Compiles <click on the New button>

Compile NameTXX-ABC

Description ABC COMPILE FOR TXX

Content Scope Subinventory / TXX-FGI

Valuation Scope Subinventory

Compile Specification

Criterion Current on hand value

Cost Type Frozen

<click on the Compile button>

<click on OK>

<Do not print Results>

<verify that the compile is completed>

View your Request for the results!


1. Inventory2. Reports3. ABC and Counting

Parameters

Request Name ABC Descending Value Report

ABC Compile Header TXX-ABC

Cumulative Display Criteria Cumulative By Value

<click on OK>

<Submit Request>

View your Request for the results and Output!


Lab 40: Define ABC Classes Pages: 3.82-101, 10.22-24Þ Step Description: Define ABC classes using your team number to uniquely identify your classes

Note: Do not type over existing data!

1. Inventory2. ABC Codes3. ABC Classes

ABC CompilesClass Name Description Inactive On

TXX-A TXX-A (ABC CODE)

TXX-B TXX-C (ABC CODE)

TXX-C TXX-C (ABC CODE)

Save Your Work!


Lab 41: Define ABC GroupPages: 3.82-101, 10.22-24Þ Step Description: Define ABC group using your team number and assign item to classes.

1. Inventory2. ABC Codes3. ABC Assignment Groups

ABC Assignment Groups

<click on New icon >

Group Name TXX-GROUP

Compile Name TXX-ABC

Subinventory TXX-FGI

Valuation Scope Restricted to Subinventory

<click on Group Classes button>

ABC Group Class AssignmentPriority Class Name Description

1 TXX-A TXX-A (ABC CODE)

2 TXX-B TXX-B (ABC CODE)

3 TXX-C TXX-C (ABC CODE)

Save Your Work!

Click on Assign Items button


Enter data in the % Item column.

Assign ABC Items

TXX-A: % Items60

TXX-B: % Items80

TXX-C: % Items100

<click on the Assign button>

Record your Request Id #

<close the Assign ABC Items Window>

<after your request has processed, click on Update Items to review the result of the Assignment>


Lab 42: Initialize the Cycle Count Pages: 3.82-101, 10.41-47Þ Step Description: Define a cycle count header and initialize it with the ABC compile group, TXX-ABC

1. Inventory2. Counting3. Cycle Counting4. Cycle Counts

Cycle Counts <click on New button>

Name TXX-CYCLE COUNTS

Description TXX CYCLE COUNTS

Calendar Vision01

Adjustment Account 01-520-5250-0000-000

Window Tab Content, Scope

Count Controls

Inactive On<blank>

Late Days1

Starting Seq1

Unscheduled Entries

Display System Qty

Count Subinventories

Specific


Automatic Recounts

Maximum <blank>

Window Tab

Serial Control, Schedule

Serial Control Option


Count Not Allowed

AutoSchedule

Frequency Weekly

Count Zero Quantity

Last Date <blank>

Next Date <blank>

Window Tab

Adjustment, ABC

Approval

Required If Out Of Tolerance

+ -

Tolerance, Qty Variance3 % 3 %

Tolerance, Adjustment Value

$200 $200

Hit/Miss Analysis10 % 10 %


ABC Initialization

GroupTXX-GROUP

Option Re-initialize

Update Classes

Delete Unused Items

Save Record your Request ID___________

View your request and verify that your Initialization process is complete. <click on Name and click on the Find Icon

and choose your Cycle Count Name><click on the Classes button>


Classes

Name TXX-A

Counts Per Year 52

NameTXX-B

Counts Per Year 26

Name TXX-C

Counts Per Year 13

Save <close Cycle Counts Classes window>

<click on Name and click on the Find Icon

and choose your Cycle Count Name>

Menu Bar = Tools Perform Full Cycle Count


Program

Generate Automatic Schedule Request

Parameters

All Cycle Counts No

Cycle Count Name TXX-CYCLE COUNTS

Include Control ItemsNo

<click on OK>


Program

Generate Cycle Count

Parameters

All Cycle Counts No

Cycle Count Name TXX-CYCLE COUNTS

<click on OK>

Program

Cycle Count Listing

Parameters

Cycle Count NameTXX-CYCLE COUNTS

Start Date<today’s date>

End Date<today’s date>

Include Recounts Only No

SubinventoryTXX-FGI

Display Serial Numbers Yes

Display On-Quantities Yes

<click on OK>

<click on Submit button>

Record your Request ID______________


Lab 43A: Enter Cycle Count EntriesPages: 3.82-101, 10.52Þ Step Description: Enter counts from Cycle Counted Items

1. Inventory2. Counting3. Cycle Counting4. Cycle Count Entries

Cycle Count Entries

Cycle Count TXX-CYCLE COUNT

Description<default>

<click on Find button and search for all Open Counts>

Window Tab Adjustments

<enter some counts that you know will be outside of the tolerances and some that are within or exact count>

Save


Lab 43B: Approve Cycle Count EntriesPages: 3.82-101, 10.83-85Þ Step Description: Enter approvals/unapprovals for counts outside of the acceptable tolerances.

1. Inventory2. Counting3. Cycle Counting4. Approve Count

Cycle Count Entries

Cycle Count TXX-CYCLE COUNTS


<click on Find button and search for all Pending approvals>


Adjustments <click on the option to approve >

Save


Lab 44A: Physical InventoryPages: 11.24-30Þ Step Description: Setup for a Physical Inventory

1. Inventory2. Counting3. Physical Inventory4. Physical Inventories

Physical Inventories Summary <click on the New button>

Define Physical Inventory

Name TXX-TAX

DescriptionTXX TAG PHYSICAL

Date <default>

Approvals: Required If out of tolerance

Approvals: Tolerances: Qty + 10

Approvals: Tolerances: Qty - 10

Approvals: Tolerances: % + <blank>

Approvals: Tolerances: % - <blank>

Count Subinventories: Specific

Subinventories TXX-FGI

Allow Dynamic Tags

Save <click on the Snapshot button>


Lab 44B: Create Physical Inventory TagsPages: 11.31-40Þ Step Description: Generate Physical Inventory Tags

1. Inventory2. Counting3. Physical Inventory4. Tag Generation

Generate Physical Inventories Tags

NameTXX-TAG

Description <blank>

Snapshot Date <blank>

Tag Type: Default

Show Serial on Tags

Tags: Starting Tag FGI-0005

Tags: Digit Increments 00001115

Tags: Ending Tag <default>

Tags: Number of Tags <default>

<click on the Generate button>



Lab 44C: Print Physical Inventory TagsPages: 11.31-40Þ Step Description: Print Physical Inventory Tags


Parameters

Request Name Physical Inventory Tags

Physical Inventory TXX-TAG

Sort By Tag Number

Ranage Full listing

<click on OK>

<Submit Request>



Lab 44D: Enter Tag CountsPages: 11.42-45Þ Step Description: Report the Physical Inventory Counts

1. Inventory2. Counting3. Physical Inventory4. Tag Counts

Physical Inventory Tag Counts

NameTXX-TAG

<click on the Find button>

Window Tab Main

<for class purposes, enter a quantity of 200 for each tag> <click on a blank row>

Tag FGI-0001

New Tag

Rev <blank>


Locator <blank>

UOM Ea

Qty 1

Save


Lab 44E: Print Adjustment ReportPages: 11.42-45Þ Step Description: Before booking the tag counts as On-hand, run adjustment to review your adjustments


Parameters

Request Name Physical adjustments report

Display and Break on Subinventory

No

Include Rejected Items Yes

Adjustments Value Sort Option Descending

Physical Inventory TXX-TAG

<click on OK>

<Submit Request>



Lab 44F: Approve Tag Count EntriesPages: 11.46-47Þ Step Description: Enter approvals/unapprovals for Tag Counts outside of the acceptable tolerances. For class purpose we are going to approve all counts and adjustments

1. Inventory2. Counting3. Physical Inventory4. Approve Adjustments

Approve Physical Inventory Adjustments Summary

Name TXX-TAG


<click on Find button and search for all Pending approvals>

Query out of Tolerance adjustments only

Yes


<review all of the window tabs and data> <click on the Approval All button>

Save


Lab 44G: Book Tag CountsPages: 11.48-49Þ Step Description: Launch process to book tag counts

1. Inventory2. Counting3. Physical Inventory4. Physical Inventories

Physical Inventories Summary

<click on the Find icon >

Name TXX-TAG

<click on OK>

<go to the Menu Bar and click on Launch adjustments option>

Launch Adjustments

Adjustment Account01-520-5250-0000-000

Adjustment Date<default today’s date>

<click on the Launch Adjustments button>

View your Request for the results!


Lab 44H: View Quantity On-Hand Þ Step Description: View Quantity on Hand for your TXX-FGI subinventory after booking Tag counts

1. Inventory2. On-Hand, Availability3. On Hand Quantity

Find On-Hand Quantities

Organizations M1

SubinventoryTXX-FGI

Display Detailed <click on the Find button>

<review the results which should be your tag counts>


Lab 45A: Create a Standard Purchase Order Þ Step Description:: Create a standard Purchase order with Direct Delivery specified.

1. Purchasing2. Purchase Orders3. Purchase Order

Purchase Orders

Type Standard Purchase Order

Supplier Allied Manufacturing

Site SAN JOSE

Contact

Ship To M1 - Seattle

Bill To V1 - New York City

Description Lab 45A

Line 1 Information

Type Goods

Item TXX-003

Revision

Quantity 2355000

Price .0001

Need-By <today’s date>

<click on the Shipments button>


Shipment 1

Number 1

Org M1


Quantity 2355000

Need By <today’s date>

<click on the Receiving Controls button>

Receipt Routing Direct Delivery

<click on OK>

Save <click on the Distributions button>

Deliver To M1 - Seattle

Subinventory Stores

<close the Distributions Window>

<close the Shipments window>

Save <click on the Approve button>

Approve Document

Submit for Approval

<click on OK>

Record your Purchase Order Number:___________________


Lab 45B: Create an Express Receipt

Þ Step Description:: Create an express receipt for direct delivery

1. Inventory2. Transactions3. Receiving4. Receipts

Find Expected Receipts

Purchase Order <enter your Purchase Order number from Lab 45A>

<click on Find button>

Receipt Header

Packing Slip TXX-5555

Fright Carrier <blank>

<close the Receipt Header Window>

Receipt <verify that Destination Type = Inventory>

<click on the Express button>

Destination Type Final DestinationNote: Only PO Direct Delivery Routing lines will be transacted for Destination Type = Final Destination. If you have no lines processed, it may be that PO Standard Delivery Receipts lines exist, rerun Receipts and choose Receiving as the Destination Type <click on OK>

Save <you should receive a message that 1 transaction was created>

· Click on the Header button and record the Receipt Number:____________________


Lab 46A: Create a Standard Purchase OrderÞ Step Description: Create a standard Purchase order to be use in a Cascading Receipt

1. Purchasing2. Purchase Orders3. Purchase Orders

Purchase Orders



Site SAN JOSE

Contact



Description LAB 46A

Line 1 Information

Type Goods

Item TXX-005

Revision

Quantity 239000

Price .001




Shipment 1

Number 1

Org M1


Quantity 200000



Receipt Routing Standard Receipt

<click on OK>

<enter shipment 2 by going to the next line>

Shipment 2

Number 2

Org M1


Quantity 39000

Need By <three days from today>



<click on OK>

<close the Shipments Window>



Approve Document

Submit for Approval

<click on OK>



Lab 46B: Create a Cascade ReceiptÞ Step Description: Create an cascade receipt




Item, Rev TXX-005NOTE: If you do not enter an Item number and PO number then Cascading is not available <click on the Find button>

Receipt Header

Packing Slip TXX-1234



Receipt <click on the Cascade button>

Cascade Details

Cascade Quantity230000

Unit of Measure Square Inch

<click on OK>

Save

· Click on the Header button and record the Receipt Number:_____________


Lab 47A: Create a Standard Purchase Order Þ Step Description: Create a standard Purchase order. Shipment 1 is to be inspected.

1. Purchasing2. Purchase Orders3. Purchase Orders

Purchase Orders



Site SAN JOSE

Contact



Description Lab 47A

Line 1 Information

Type Goods

Item TXX-004

Revision

Quantity 55000

Price .30




Shipment 1

Number 1

Org M1


Quantity 30000



Receipt Routing Inspection Required

<click on OK>

Save <enter shipment 2 by going to the next line>

Shipment 2

Number 2

Org M1


Quantity 25000

Need By <three days from today>



<click on OK>

<close the Shipments window>



Approve Document

Submit for Approval

<click on OK>



Lab 47B: Create a Receipt Þ Step Description: Receive goods into a receiving location.




<click on the Find button>

Receipt Header

Packing Slip XX9877



Receipt <place a check in the box, far left, on each line

Save

· Click on the Header button and record the Receipt Number:_____________


Lab 47C: Perform Quality Inspection Transaction

Þ Step Description:: Inspect the goods and enter Quality information into the Quality Module.

1. Inventory2. Transactions3. Receiving4. Receiving Transactions


Purchase Order <enter your Receipt number from Lab 47B>


Receiving Transaction

Window Tab Lines

<notice which line is shipment one: Place the cursor on line for Shipment 1(30,000)<click on the Inspect button>

Enter Quality Results

Item TXX-004

Inspect ResultAccept

Quantity26000

Quality Code Excellent

Transaction Date<default>

<click on the next line>

Enter Quality Results

Item TXX-004

Inspect ResultReject

Quantity 4000

Quality CodeUnacceptable


Transaction Date<default>

<click on the OK button>

Save


Lab 47D: Deliver Goods to a Final Destination

Þ Step Description:: Move inspected and received goods to a Subinventory

1. Inventory2. Transactions3. Receiving4. Receiving Transactions


Purchase Order <enter your Receipt number from Lab 47B or PO number from Lab 47A> <click on Find button>

Receiving Transaction

Window Tab Lines

<notice which line is shipment one: Place the cursor on line for Shipment 1, Quantity = 26000

Location

<keep pressing the Tab key until you get to the Location field>

M1- Seattle

Person <blank>

Subinventory RIP

Window Tab Lines

<place a check in the box, far left, on the line for Shipment 2, Quantity = 25000<press tab a few times and this will reset the screen to the beginning of the line>

Quantity 25000

Location M1- Seattle

Person

Subinventory RIP

Warning! Be sure you do not have a check on the reject quantity of 4000.

Save


Lab 47E: Return Goods to the SupplierÞ Step Description:: Return unacceptable items back to the supplier

1. Inventory2. Transactins3. Receiving4. Returns


Purchase Order <enter your Receipt number from Lab 47B or PO number from Lab 47A>

Window Tab Transaction Details

Transaction Type Reject


Receiving Returns

Window Tab Transaction

<use the horizontal scroll bar and click on the line that has a quantity of 4000 and Transaction Type = Reject <place a check in the box, far left>

Quantity 4000

Return to Supplier

RMA 123456

Window Tab Details

Reason Specification

Window Tab Return From

Destination Type Receiving

Save


Lab 48: Reviewing Receiving TransactionsÞ Step Description:: Review complete receipt transactions.

1. Inventory2. Transactions3. Receiving4. View Receiving Transactions

Find Receiving Transactions

Purchase Order <enter your Receipt number from Lab 47B>


Receipt Header Summary <place your cursor on your receipt number>

<click on Transactions button>

<Review the transactions>


Lab 49: Reviewing Receiving TransactionsÞ Step Description::: Review complete receipt transactions.

1. Inventory2. Transactions3. Receiving4. View Receiving Transactions

Find Receiving Transactions



Receipt Header Summary <place your cursor on your receipt number>

<click on Transactions button>

<Review the transactions>


Documents

Oracle Inventory III