100% Free 1Z0-1163-1–100% Free Test Study Guide | Updated New Oracle Fusion Cloud Applications SCM Foundations Associate - Rel 1 Study Materials
100% Free 1Z0-1163-1–100% Free Test Study Guide | Updated New Oracle Fusion Cloud Applications SCM Foundations Associate - Rel 1 Study Materials
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Oracle Fusion Cloud Applications SCM Foundations Associate - Rel 1 Sample Questions (Q25-Q30):
NEW QUESTION # 25
What role does the Inventory Management function play in Oracle Fusion Cloud SCM?
- A. It focuses on reducing supplier costs instead of stock levels.
- B. It manages only supplier shipments, not warehouse stock.
- C. It ensures optimal inventory levels by tracking stock movement and availability.
Answer: C
Explanation:
Inventory Management in Oracle Fusion Cloud SCM ensures optimal inventory levels by tracking stock movement, availability, and replenishment needs across warehouses and supply chains. It monitors quantities on hand, in transit, and on order, using real-time data to prevent overstocking or stockouts. For instance, if a product's stock drops below a reorder point, the system triggers a replenishment alert. Option A is incorrect-reducing supplier costs is a procurement goal, not Inventory Management's focus, which is stock optimization. Option B is wrong as it manages warehouse stock, not just supplier shipments. This function balances inventory costs with service levels, supporting efficient operations and customer satisfaction by ensuring products are available when needed without tying up excess capital.
NEW QUESTION # 26
Which process in Oracle Fusion Cloud SCM ensures that inventory levels are maintained efficiently?
- A. Supplier Qualification.
- B. Manufacturing Execution.
- C. Cost Accounting.
- D. Replenishment Planning.
Answer: D
Explanation:
Replenishment Planning (D) in Oracle Fusion Cloud SCM ensures inventory levels are maintained efficiently by predicting demand and adjusting supply plans to replenish stock proactively. It uses forecasts and safety stock rules-e.g., ordering 300 units when stock falls to 50 and demand is expected to rise-to prevent shortages or excess inventory. Option A (Supplier Qualification) focuses on supplier evaluation, not inventory maintenance. Option B (Cost Accounting) tracks financials, not stock levels. Option C (Manufacturing Execution) manages production, not replenishment. Replenishment Planning optimizes inventory turnover, reduces carrying costs, and ensures product availability, making it a proactive inventory management tool.
NEW QUESTION # 27
Which metric is used to measure the effectiveness of the Demand to Management OMBP?
- A. Inventory Turnover.
- B. Forecast Accuracy.
- C. Customer Acquisition Cost.
- D. Supplier Lead Time.
Answer: B
Explanation:
Forecast Accuracy (C) measures the effectiveness of the Demand to Management OMBP by comparing predicted demand to actual demand, reflecting how well the process anticipates market needs. For example, if a forecast predicts 1,000 units and actual sales are 950, accuracy is 95%, indicating strong performance. Option A (Customer Acquisition Cost) is a marketing metric, unrelated to demand planning. Option B (Supplier Lead Time) assesses supplier performance, not forecasting. Option D (Inventory Turnover) measures stock movement, an outcome influenced by forecasting, not a direct metric. Accurate forecasts drive efficient inventory and production planning, reducing costs (e.g., avoiding $10,000 in overstock) and ensuring customer satisfaction.
NEW QUESTION # 28
What is the role of the Global Order Promising feature in Oracle Fusion Cloud SCM?
- A. It guarantees same-day delivery for all orders.
- B. It focuses only on local inventory availability.
- C. It eliminates the need for supplier collaboration.
- D. It provides real-time order commitment dates based on supply and demand constraints.
Answer: D
NEW QUESTION # 29
What is the purpose of the Available to Promise (ATP) process in Oracle Fusion Cloud SCM?
- A. It manages only supplier payments without impacting inventory levels.
- B. It guarantees immediate product shipment for all orders.
- C. It ensures product availability commitments based on inventory and supply constraints.
Answer: C
Explanation:
The Available to Promise (ATP) process in Oracle Fusion Cloud SCM is designed to determine product availability and provide realistic commitments to customers based on current inventory levels and supply constraints, such as production capacity and supplier lead times. ATP calculates how much stock is "available to promise" for new orders by subtracting existing commitments from on-hand inventory and factoring in planned supply. For example, if a warehouse has 50 units of a product, with 20 already allocated to prior orders, ATP shows 30 units available for new promises. Option B is incorrect because ATP has no direct role in managing supplier payments-it focuses on inventory and supply planning. Option C is false as ATP does not guarantee immediate shipment; it provides feasible dates based on availability, not an unrealistic promise of instant delivery. This process supports accurate order promising, prevents stockouts, and aligns customer expectations with operational reality, making it a cornerstone of effective supply chain management.
NEW QUESTION # 30
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