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As an Oracle Fusion SCM consultant with extensive experience, I understand the vital role that mastering this platform plays in today’s rapidly changing supply chain world. Oracle Fusion SCM empowers organizations to enhance their procurement, inventory, and supply chain operations with advanced cloud-based capabilities.
Whether you’re preparing for an interview or striving to deepen your expertise, this expertly curated list of questions offers a thorough understanding of core concepts, practical applications, and proven practices. Based on hands-on experience and real-world challenges, these questions are designed to help you build the confidence and skills necessary to excel in your Oracle Fusion SCM journey.
Oracle Fusion SCM is a whole suite of apps designed to make supply chain operations more efficient. It encompasses modules such as Inventory Management, Product Management, Order Management, Procurement, and Cloud Costing. For professionals aspiring to excel in Oracle Fusion SCM interviews, here is a curated list of frequently asked interview questions and their answers. These insights will enhance your Oracle Fusion SCM interview preparation and provide valuable Oracle SCM Cloud interview tips.
1. What is Oracle Fusion Inventory Management, and how does it benefit organizations?
A: Oracle Fusion Inventory Management provides a robust solution for inventory tracking, movement, and optimization. It enables organizations to manage inventory levels effectively, reduce carrying costs, and ensure stock availability.
2. Can you explain the concept of "Lot and Serial Control" in Inventory Management?
A: Lot and Serial Control ensures precise tracking of inventory by assigning unique identifiers to batches or individual units. Lot control tracks batches, while serial control tracks individual items, enhancing traceability and compliance.
3. How does Oracle Fusion Inventory Management support cycle counting?
A: Cycle counting is an inventory audit technique that ensures inventory accuracy by regularly counting a subset of inventory items, reducing the need for complete physical counts.
4. What are "Subinventories" in Oracle Inventory Management?
A: Subinventories represent logical or physical segments within an inventory organization. They help segregate stock by location, type, or purpose, such as raw materials or finished goods.
5. Explain the concept of "Item Attributes" in Oracle Fusion Product Management.
A: Item Attributes define a product's characteristics, such as dimensions, weight, and cost. Configuring these attributes helps in categorization, reporting, and operational decisions.
6. What is Oracle Fusion Order Management, and what are its key features?
A: Oracle Fusion Order Management automates the order-to-cash process. Key features include real-time order tracking, order orchestration, pricing management, and integration with other SCM modules.
7. How does Oracle Fusion handle "Order Orchestration"?
A: Order orchestration in Oracle Fusion defines the process flow for fulfilling an order. It includes steps like order capture, validation, fulfilment, and invoicing, ensuring streamlined operations.
8. Can you explain "Order Promising" in Oracle Fusion Order Management?
A: Order Promising ensures accurate delivery commitments by considering inventory availability, lead times, and production schedules. It uses ATP (Available to Promise) and CTP (Capable to Promise) calculations.
9. What are "Fulfillment Lines" in Oracle Fusion Order Management?
A: Fulfilment lines represent individual order lines during the fulfilment process. They track the status and progress of each item in the sales order.
10. What is Oracle Fusion Procurement, and how does it streamline purchasing processes?
A: Oracle Fusion Procurement automates and optimizes purchasing activities. It includes modules like Self-Service Procurement, Sourcing, Supplier Qualification, and Procurement Contracts, improving efficiency and supplier collaboration.
11. How does Oracle Fusion handle "Supplier Management"?
A: Supplier Management involves onboarding, evaluating, and maintaining supplier data. It includes supplier qualification processes and performance monitoring to ensure quality and compliance.
12. Explain "Procurement Contracts" in Oracle Fusion Procurement.
A: Procurement Contracts streamline agreement creation, negotiation, and enforcement. They provide templates, clause libraries, and approval workflows for efficient contract management.
13. What is "Self-Service Procurement," and how does it improve purchasing efficiency?
A: Self-Service Procurement enables employees to create purchase requisitions using a guided interface. It simplifies the purchasing process, ensures compliance, and reduces administrative effort.
14. What is Cloud Costing in Oracle Fusion SCM?
A: Cloud Costing calculates and tracks the cost of goods and services. It integrates with other modules to provide real-time cost analysis, helping organizations manage profitability.
15. How does Oracle Fusion handle "Cost Elements" in Cloud Costing?
A: Cost elements include material, labour, overhead, and additional costs. Oracle Fusion Cloud Costing categorizes these elements to provide detailed cost insights.
16. Explain "Cost Accounting" in Oracle Fusion SCM.
A: Cost Accounting records and analyzes the financial impact of inventory and manufacturing transactions. It provides data for decision-making and ensures financial compliance.
17. How does "Actual Costing" differ from "Standard Costing" in Oracle Cloud Costing?
A:
Actual Costing: Reflects the true cost of an item based on transactions.
Standard Costing: Uses pre-determined costs for planning and variance analysis.
Mastering these questions will help you confidently tackle your Oracle Fusion SCM interview and advance your career in supply chain management. Leverage these Oracle Fusion SCM interview questions and answers to excel in your interview preparation.
Tech Leads IT provides comprehensive Oracle Fusion SCM Online Training tailored for both beginners and experienced professionals seeking to excel in Supply Chain Management. Our program emphasizes practical, hands-on learning through real-world scenarios, covering core modules such as Procurement, Inventory Management, and Order Management. Advanced topics, including Supply Chain Planning and seamless integration with Oracle ERP, ensure that participants gain the expertise required to handle complex supply chain processes efficiently.
Led by seasoned industry experts, the training focuses on practical knowledge and job-readiness, preparing learners for Oracle Fusion SCM certifications. Whether you aim to advance your career or transition into a role in Oracle SCM, our well-structured curriculum is designed to meet diverse learning goals and professional aspirations.
Mr. Krishna is a seasoned professional with over 18 years of real-world experience in Oracle Fusion SCM. Having successfully conducted more than 60 training batches and mentored over 21,000 students globally, he is renowned for his engaging, hands-on teaching style. His training emphasizes practical, project-based learning, covering essential modules such as Procurement, Inventory Management, and Order Management. With his guidance, learners acquire the skills and confidence to excel in modern supply chain roles.
Wed, 19 Mar 2025
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