Oracle E Business suite Products a brief outlook of what it consists of | Class 10

What are Bills Of Material?

Oracle Manufacturing and Oracle Order Management use bills of material to store lists of items that are associated with a parent item and information about how each item is related to its parent. Oracle Manufacturing supports standard, model, option class, and planning bills of material.

Bill of Material Types

Standard Bill of Material

A standard bill of material is the most common type of bill and lists the mandatory components, the required quantity of each component, and information to control work in process, material planning, and other Oracle Manufacturing functions. Examples include bills for manufacturing assemblies, pick-to-order bills, kit bills, and phantoms.

A configuration bill (a type of standard bill) is a set of option choices made from a model bill that comprise a buildable, sellable product. Configuration items and bills are automatically created from model bills after a customer chooses options on a sales order. Or, you can manually create configuration bills by choosing options directly from a model bill.

Model Bill of Material:

A model bill of material defines the list of options and option classes you can choose in Oracle Order Management to order a configuration. A model bill also specifies mandatory components or included items that are required for each configuration of that model. You do not order or build the model itself: you order and build configurations of the model. A model bill can be either assemble-to-order or pick-to-order.

Option Class Bill of Material:

An option class is an item that groups optional components on a bill. An option class is an item that becomes a level in your model bill of material. Option classes can also have mandatory components that apply for all of its options. For example, when you order a computer, the monitor is an option class, and the specific type of monitor you order is an option within that option class. An option class bill can be either assemble-to-order or pick-to-order.

Planning Bill of Material:

A planning bill of material is a bill of material structure that includes a percentage distribution for its components. The percentages associated with the components on a planning bill of material do not need to add to 100%. You can define alternate and common planning bills, where the bill you reference as a common must be another planning bill.

Planning items can be nested within one another any number of times. When you nest planning items, Oracle Master Scheduling explodes forecasts level by level and applies planning percentages at each level.

1. Engineering Bills of Material:

You can define an engineering bill of material as an alternate for a manufacturing bill. The typical use for an alternate engineering bill is to prototype variations from the primary bill that produce the same assembly.

You can specify a list of item catalog descriptive elements for model and option class engineering bills. After you release the engineering bill to manufacturing and take customer orders for specific configurations, Bills of Material creates the new configuration item and automatically assigns values to each catalog descriptive element.

Oracle Engineering users are allowed to assign manufacturing and engineering items as components to an engineering bill. Bills of Material users can assign only manufacturing items as components to manufacturing bills.

2. Oracle Capacity Planning

Oracle Capacity lets you calculate your capacity utilization by resource or production line. It ensures that you have sufficient capacity to meet your production requirements.

 

Oracle Capacity provides you with two levels of capacity planning:

 

  • Rough cut capacity planning (RCCP) to validate your master

Schedule

  • detailed capacity requirements planning (CRP) to validate your

MRP plans

 

3. Oracle Customer Relationship Management?
Oracle’s Complete CRM solutions offer the broadest and deepest capabilities that help organizations drive sales, marketing, loyalty, and service effectiveness. And in combination with Oracle’s Commerce solutions, they deliver a unified cross-channel experience for consumers. Oracle CRM On Demand enables organizations of all types and sizes to:

  • Get smarter—with contextual intelligence, real-time and historic analytics, and adaptive business planning.
  • Get more productive—with integrated sales and marketing in the cloud, Outlook/mobile integration and industry specific solutions.
  • Get the best value, period—with a lower total cost of ownership, enterprise grade security and your choice of multi-tenancy or single-tenancy options. Release 35 is now available

 
4. Oracle Advanced Planning and Scheduling ?
Ans: Oracle Advanced Supply Chain Planning enables you to run holistic plans that spanlong term aggregate planning to short term detailed schedules, multiple manufacturing processes (lot based, process, discrete, configure to order, and project based), and all organizations across a virtual supply chain. As a single solution for distribution, supply chain, and manufacturing planning, it is based on one supply chain model, one planning engine, and one setup. Its flexible configuration, however, enables you to define different models that can coexist (hub-and-spoke planning; single plan) and evolve as your organization grows without requiring reimplementation. Extensive defaulting logic paired with a productivity enhancing user interface and strong exception management enables planners to quickly make their decisions.
 
5. What is Oracle business Intelligence?
Ans: Oracle Business Intelligence 12c is a unique platform that enables customers to uncover new insights and make faster, more informed business decisions by offering agile visual analytics and self-service discovery together with best-in-class enterprise analytics.  Instant mobile, highly interactive dashboards, powerful operational reporting, just-in-time alerts, content and metadata search, strategy management, native access to Big Data sources, sophisticated in-memory computing, and streamlined systems management combine to make Oracle BI 12c a comprehensive solution that reduces the total cost of ownership and increases return on investment for the entire organization.

 

6. What is Oracle Order Entry?
Ans: Order Entry/Shipping provides several features that enable you to set up your system and begin processing order information. You must define business policies, such as how you classify your orders, as well as various control features. Oracle Order Entry/Shipping Recommended Setup Setup involves several phases, including setting up other integrated applications, which include Oracle General Ledger, Oracle Receivables, and Oracle Inventory. Some setup steps are optional, depending on whether you have the integrating applications installed and whether you use the associated feature. For example, if your business supports drop shipments, you should also set up Oracle Purchasing. If you sell Models and kits, set up Oracle Bills of Material and Oracle Product Configurator. If you are setting up Order Entry/Shipping without one of the integrating applications fully installed, Order Entry/Shipping provides the necessary windows or defaults for a stand–alone installation.
 
7. What is Order fulfillment?
Ans: Order Fulfillment consists of Schedule Orders, Order fulfillment, Monitor Performance, Handle   Exceptions , Manage Shipments, Generate Invoices.
 
8. What is Oracle Payroll?
Ans:Oracle Payroll is part of Oracle Human Resources Management family of applications, and integrates seamlessly with other Human Resources applications, including Human Resources (core), Advanced Benefits, Incentive Compensation, and Oracle Financials.
 
9. What is Purchasing?

Ans: Supply management is vital to profitability, making effective purchasing systems key strategic assets. But to keep saving you money every year, those systems must efficiently handle all purchasing needs and adapt to changing business requirements. Oracle Purchasing does just that. Oracle Procurement streamlines purchasing to make buyers more Productive, improves management of the supply base and may be configured to support any procurement process.
 
10. What is Land Cost Management?

Ans: Oracle Landed Cost Management enables you to manage estimated and actual landed cost for an item purchased from a supplier. Using Oracle Landed Cost Management you can determine the “real” costs associated with acquiring items including insurance, transportation, handling, storage costs, container fees, and import or export charges. Knowledge and visibility into these trade costs help organizations better evaluate new product plans, price their items, and negotiate contracts with both suppliers and customers.

Using Oracle Landed Cost Management you can first estimate the landed costs for the items and then you can update those costs with the actual landed costs as they become known. Oracle Landed Cost Management gives you the option to determine and calculate estimated landed costs before the receipt of the items into inventory (Landed Cost as a Pre-Receiving Application) or after the receipt of the item into inventory (Landed Cost Management as a Service). Then when you create and match invoices against those receipts this price information is used to calculate the actual landed costs for the item. Within Oracle Landed Cost Management you can view the estimated and actual landed costs for an item side by side. This gives you valuable information about the landed cost for an item and where cost improvement can made.

During the processing of landed costs using Oracle Landed Cost Management, inventory valuations for various cost methods are maintained providing better visibility into individual items profitability and an organizations outstanding exposure. This data provides insight for item forecasting and budgeting and provides clear evidence of the detailed accumulation of expenses for regulatory requirements and reporting.
 
11)What is Oracle Receivables?
Ans: The Accounts Receivables (AR) module is used to create, manage and control the cash flow of any organization.  From invoice generation, credit memo issues to customer account management, the Receivables module simplifies the collection process.  With the Receivables module you can:

  • Control credit limits prior to committing product
  • Effectively manage customer relations with historical information
  • Create mechanisms to aid in reducing DSO
  • Manage the customer database to ensure accurate contact and address locations
  • Merge different account histories


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