Oracle Cloud Inventory Setups - Part2

Oracle Inventory Management is part of the supply chain management solution and integrates seamlessly with other supply chain management applications, including Oracle Warehouse Management, Oracle Mobile Supply Chain Applications, Oracle Order Management, Oracle Purchasing, Oracle Discrete Manufacturing, Oracle Process Manufacturing, and Oracle Cost Management.Oracle Inventory Management allows organizations to consolidate their disparate inventory tracking and control systems into a single, global inventory management solution for material in every stage of the product or production lifecycle as well as for different business types.This course contains videos and learning materials of Basic setups in Oracle Cloud Inventory Management. Topics:- Inventory Organization- Subinventory- Locator- Interorganization ParametersIn Oracle, an inventory organization is a logical or physical entity that stores and manages items. It can be a warehouse, distribution center, or manufacturing facility. Inventory organizations can also be used to define items.How inventory organizations are usedUsed to track the movement and storage of inventory financially and physicallyAssociated with a business unit, legal entity, and primary ledgerCan be managed by a business unit that has the materials management business function enabledInventory organization typesPhysical: A warehouse, distribution center, or manufacturing facilityLogical: An item master organization that holds items but has no transactions