The Oracle Fusion Cloud 24D release brings several new features to the Inventory Management module, designed to enhance efficiency and streamline inventory processes. Here are some key highlights:
- Supply Chain Orchestration: Manage configure-to-order changes without canceling supply group transfer orders using source and destination organizations.
- Collaboration Messaging Framework: Manage external message definitions using a Redwood page, simplify the exchange of invoices with Oracle Cloud Enterprises, create a file name pattern for B2B messages sent via SFTP, file export, or email, and receive B2B messages from your trading partners in real-time using a REST API.
- Inventory Management Redwood Pages: Use Redwood pages to create cycle counts and view item quantities. This helps maintain accurate inventory records and manage stock levels effectively.
- Mobile Inventory Management: View the Inventory Management (New) tile as Inventory Management (Mobile), create inter-organization transfers using a mobile device, inspect received goods using a mobile device, and view lot attributes in mobile inventory transactions.
- Cost Management: Select work definitions for cost rollup across multiple manufacturing plants, roll up costs of make items or use the buy item cost for manufactured items with work definitions, and analyze and report rolled-up costs for discrete manufacturing work definitions with multiple outputs using OTBI.
- Receipt Accounting: Review receipt accounting exceptions using a new user experience, audit receipt accrual clearing balances using a new user experience, and create and edit accrual cutoff rules using a new user experience.
Here are more details on the new features in Oracle Fusion Cloud Inventory Management 24D:
- Supply Chain Orchestration
- Configure-to-Order Changes: Manage configure-to-order changes without canceling supply group transfer orders using source and destination organizations. This ensures continuity and reduces administrative burden.
- Collaboration Messaging Framework
- External Message Management: Manage external message definitions using a Redwood page, simplify the exchange of invoices with Oracle Cloud Enterprises, create a file name pattern for B2B messages sent via SFTP, file export, or email, and receive B2B messages from your trading partners in real-time using a REST API.
- Inventory Management Redwood Pages
- Cycle Counts: Use Redwood pages to create cycle counts and view item quantities. This helps maintain accurate inventory records and manage stock levels effectively.
- Material Status Validations: Use validations to change material status when reservations exist, ensuring accurate inventory management.
- Mobile Inventory Management
- Mobile Device Integration: View the Inventory Management (New) tile as Inventory Management (Mobile), create inter-organization transfers using a mobile device, inspect received goods using a mobile device, and view lot attributes in mobile inventory transactions. This feature allows for real-time data entry and inspection on the go.
- Cost Management
- Cost Rollup: Select work definitions for cost rollup across multiple manufacturing plants, roll up costs of make items or use the buy item cost for manufactured items with work definitions, and analyze and report rolled-up costs for discrete manufacturing work definitions with multiple outputs using OTBI.
- Parallel Processing: Enable parallel processing in the COGS processor, improving efficiency and reducing processing time.
- Receipt Accounting
- New User Experience: Review receipt accounting exceptions using a new user experience, audit receipt accrual clearing balances using a new user experience, and create and edit accrual cutoff rules using a new user experience. This enhances the usability and functionality of the receipt accounting process.
These enhancements aim to streamline inventory processes, improve data management, and provide a more intuitive user experience.
EnchantApps Oracle Cloud experts can help you with your 24D Upgrade and testing. Make sure that Oracle Cloud quarterly updates do not impact your business processes! We are here to help you! Contact us for more details.
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Oracle Fusion Cloud Inventory Management 24D – What’s New