Last updated on Jan 05, 2024
Oracle Fusion Supply Chain Management (SCM) is a product that helps in handling supplies and demand. It manages material requirements, resources, and forecasts demand too. It offers order management where users can create sales orders. It also handles managing the execution and monitoring of manufacturing.
In this post, we present to you the top 14 Oracle Fusion SCM interview questions. Our Oracle Fusion experts have carefully prepared these interview questions and answers by taking various concepts into account. Go through the below frequently asked Oracle Fusion SCM interview questions and answers that help in enhancing your skill.
Now let's have a look into the Oracle fusion SCM interview questions based on the basic, intermediate and advanced levels.
Ans. The following are the top job roles a person can work in Supply Chain Management:
Ans. The following formula is useful to compute the total annual costs:
TC = DC +(D/Q)*S + (Q/2)*H
Each alphabet used in this formula denotes a different part of the cost calculation.
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Ans. The following are the major Flexfields available in the inventory:
Ans. The picking rules in inventory allow you to determine the criteria of material consumption. Moreover, it defines the sorting condition for the items stored within the sub-inventory, lot, locator, and revision. Quantity movement method manufacturing batches or sales orders will be automatically allocated. Further, we can use the Order Management tab to assign a picking rule to an item.
Ans. It is just a file containing information about the seller and the buyer and their addresses. Additionally, there are instructions for shipping the package to the customer's location exactly as it arrived originally. The additional items included in the bill of lading are:
Ans. It is merely a contract between the firm that provides the commodity to the customer and the transportation company. In essence, this is done to ensure that the cost of the cargo is kept to a minimum for both the transporter and the buyers. More than other factors, the shipment's price depends on the weight of the item being transported, the distance traveled on the selected route, and a few other factors.
Ans. The following are the top Oracle Inventory planning methods:
Ans. The following steps will help you define an item:
Ans. The term "Deadweight tonnage" exhibits the difference in weight between the vehicle used for shipping, which was empty, and the car that was loaded. It is difficult for businesses and shipping firms to weigh each shipment separately because they are frequently made in bulk. The total weight of all shipments may be considered in some scenarios.
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Ans. Items with identical features will be grouped into a category, which is a logical grouping. A collection of multiple types is called a category set. An item can be allocated to a class for every set of categories. The MTL_CATEGORIES_B table contains category information, while the MTL_CATEGORY_SETS_B table has category set information.
Ans. The key positions are the logistics director, logistics coordinator, logistics analyst, logistics engineer, supply chain manager, and logistics specialist. .
Ans. A status attribute flag is used to manage transactions on an item is the purchasable flag. Users can order this item in a purchase order if this flag is enabled. Users are unable to buy this item if it is disabled. If the item is already in authorized order, the purchased flag indicates that it will be received.
Ans: Items of similar characteristics will be assigned to a logical classification called category. A category set is a grouping of several categories. An item can be assigned to a category for each category set. The category information is stored in the MTL_CATEGORIES_B table, and the category set information is stored in the MTL_CATEGORY_SETS_B.
Ans. When a receipt is saved, "Accrue On Receipt," called online accruals, automatically records the transactions to the (GL) general ledger. The phrase "Accrue at Period End" indicates that the transactions are not immediately added to the public ledger. Rather, these accounting entries will be produced and passed on at the end of each month.
Ans: The following tables store the sub-inventory-related data for an item:
Ans. An approach that is often used is known as cross-docking. The products are loaded directly onto the departing trucks after being unloaded from the incoming vehicle. It is possible to minimize product and storage costs greatly with little effort.
Ans. It's a direct note informing the clients about the (shipment) cargo. It often includes details about the product's shipping, packing, and routing firm. Along with this communication, a few companies are also sending a copy of the invoice. It ensures that the shipper keeps customers fully informed about everything.
Ans. It is just a contract that the customer signs stating that the full cost of the product is their responsibility. Usually, it is signed before the shipment's ownership is transferred. Since buyers could reside in various places, contracts are typically signed electronically. This document notifies the shipper that the item is ready for delivery or transfer.
Ans. The following are the basic tasks that are often carried out in logistics at the level of operations.
Ans. Consumers should continue to ensure that the greatest product is made without sacrificing quality. Customers can have access to all the necessary goods where they truly want them to be. Furthermore, customers will continue to enjoy stronger after-sale support, which is one of the most important elements that can contribute to the success of any modern business today.
Ans. ABC Analysis is the technique of grouping inventory items into three different classes. The most valued object is A, whereas the least valuable item is C. Further, it facilitates tracking and monitoring precious inventory items.
Ans. A logical object refers to the item master organization that defines the items within an organization. An item can have multiple entities assigned once it has been described. However, objects cannot be copied across item master organizations.
Ans. Blind shipment refers to a load where the buyers are unaware of the vendor or seller. It indicates that the buyer cannot access the seller's details. A blind shipment may not catch buyers' interest, which could lead to fewer chances of sales.
Ans. First and foremost, the logistician is in charge of managing the entire supply transition. It is the primary duty of this professional. Furthermore, the logistician's duties include performing transport-related activities and maintaining proper material storage.
Ans. Retailers should ensure that expensive things are no longer stored with them. It is because there is no need for storage—they are supplied to clients extremely fast.
Ans. Design networks are becoming increasingly essential to suppliers and retailers to meet customer satisfaction and service goals. Businesses can still greatly reduce their market competition if SCM is effective, which Oracle Fusion can achieve.
Ans. Yes, SCM is going to add greatly to this issue. This is mainly because SCM only gives businesses more control and lower costs related to their supply chains. SCM can also reduce fixed asset spending, benefiting businesses by increasing their net income. Additionally, enhanced cash flow could also be assured.
Ans. SCM offers a powerful remedy for this. It is easily capable of carrying out a medicinal mission if utilized properly. In the event of a disaster within the organization, they can use it during emergencies and relief activities. Finding issues is simple and doesn't require an increasing number of staff.
Ans. It is merely an import duty imposed under certain conditions, such as when it finds the imported items less expensive than the genuine ones. It is intended to stop material loss in the nation of import.
Ans. It is referred to as "Bulk Angle Storage." It indicates that processing the content will be simple. The same cannot, however, be applied in every situation. It depends on what's written. If not, companies frequently employ the "Bulk Storage in Vertical" strategy, which is recognized as being more effective.
Ans. Compliance stickers, which typically have barcodes and make this task simple to complete, are generally used to achieve this. One can also gain much other important information about the distribution from this.
Ans. In a nutshell, it's a technique that divides the entire inventory into smaller batches or groups. The shipper can save lots of money because the cost is computed based on a batch rather than each item.
Conclusion
A survey indicates that Oracle Fusion SCM has a large customer base across all industry sectors. It includes different industries such as manufacturing, transportation, retail, professional services, healthcare, life sciences, insurance, and oil, gas, and chemicals. Thus, almost all industries use Oracle Fusion SCM in their operations. Therefore, there will be plenty of career offers for applicants with experience and freshers in Oracle Fusion SCM.
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