1Z0-1073-24

The Oracle 1Z0-1073-24 exam, "Oracle Inventory Management Cloud Service 2023 Implementation Essentials," focuses on the implementation and configuration of Oracle Inventory Management Cloud Service. The main points covered generally include:

• Setting up and Configuring the System: This includes understanding the prerequisites, setting up organizations, defining inventory organizations, configuring parameters, and managing users and security.

• Master Data Management: A significant part focuses on managing item master data (including different item types, attributes, and categories), location master data, and UOM (Units of Measure). Understanding how to create, update, and maintain this data accurately is crucial.

• Inventory Transactions: This covers the various transactions you'll perform within the system, including:

  • Receiving: Processing receipts from suppliers, handling discrepancies, and managing receiving options.
  • Issuing: Managing the issuing of inventory to various departments or projects.
  • Transferring: Moving inventory between locations.
  • Adjustments: Making corrections to inventory counts.
  • Cycle Counting: Understanding and performing cycle counts to maintain accuracy.

• Reporting and Analytics: The ability to generate different reports to track inventory levels, transactions, and other key metrics is vital. Understanding the available reporting tools and customizing reports as needed is important.

• Integration: Understanding how the Inventory Management Cloud Service integrates with other Oracle Cloud applications (like Oracle SCM Cloud) is also a key area.

• Best Practices: The exam will test your understanding of best practices for inventory management, including strategies for optimization and efficiency.

• Security: Understanding the security features and how to configure them to protect your inventory data.

It's important to note that the specific weighting of these topics might vary slightly, so reviewing the official Oracle exam guide is crucial for the most up-to-date and accurate information. This guide will provide a detailed breakdown of the exam objectives and the percentage of questions dedicated to each area.