1Z0-1073-24 Oracle Inventory Cloud 2024 Implementation Professional Exam
Effective February 6, 2025, you can recertify by taking a free Delta exam anytime.
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Passing this exam is required to earn these certifications. Select each certification title below to view full requirements.
Oracle Inventory Cloud 2024 Certified Implementation Professional
Format:
Hands-on Performance Based
Duration: 90 Minutes
Number of Questions: Not Applicable
Passing Score: Challenges – 75% | Multiple choice – 68%
Validation: This exam has been validated against 23A/23B/23C/23D/24A/24B.
Policy: Cloud Recertification
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The Oracle Inventory Cloud 2024 Implementation Professional certification is designed for Inventory Specialists, Inventory or Warehouse Managers and Administrators who design and configure enterprise structures and manage advanced inventory transactions. Individuals who earn this certification are capable of analyzing and processing the material request flow within Supply Chain Orchestration, replenishing inventory, ensuring inventory accuracy, managing consigned inventory, and integrating receipts, shipments, inventory balances, and inventory transactions with external systems.
The Oracle Inventory Cloud 2024 Certified Implementation Professional certification is a Hands-on Performance based exam comprising of hands-on challenges and multiple choice questions. You will need to pass both sections individually to earn the credential.
You must have a valid Oracle Inventory Cloud Implementation Professional Certification exam credential in order to take this Delta exam. If your credential has expired you can get up to date by successfully completing the qualifying Delta exam for free. If you are not eligible to take the Delta exam, you will need to take the Oracle Inventory Cloud 2024 Implementation Professional Certification exam.
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Take recommended training
Complete one of the courses below to prepare for your exam (optional):
Become a Certified Inventory Implementer
Additional Preparation and Information
A combination of Oracle training and hands-on experience (attained via labs and/or field experience), in the learning subscription, provides the best preparation for passing the exam.
Review exam topics
Implementing Enterprise Structures
Design fundamental structures for an enterprise
Explain legal entities and their role within the system
Set up an inventory organization
Model managerial and functional structures of an enterprise
Describe item and cost organizations
Creating Inventory Transactions
Create sub inventory transfer and miscellaneous transactions
Create an interorganizational transaction
Summarize movement requests
Create transfer orders
Create receipts
Explain the relationship between discrete manufacturing and inventory transactions
Execute picking
Setting up Advanced Inventory Transactions
Set up material status control
Create lot and/or serial controlled transactions
Review inventory balances and item availability
Outline inventory reservations
Create project-specific inventory transactions
Understanding Consigned Inventory from a Supplier
Illustrate the consignment process
Create consumption advice
Explain ownership transfers and return from a consignment perspective
Executing Back-to-Back Process
Apply the back-to-back process flow
Manage exceptions in the back-to-back process flow
Maintaining Inventory Replenishment
Run min-max plan
Set up min-max planning
Outline PAR location management
Configuring Inventory Counts
Generate cycle count
Configure physical inventory
Implementing Supply Chain Orchestration
Illustrate the capabilities of Supply Chain Orchestration
Analyze and manage business flows and exceptions within Supply Chain Orchestration
Integrating with External Systems
Integrate inventory with external systems using ADFDi and FBDI
Integrate inventory transactions, balances, receipts, and shipments
Setting up Costing and Inventory
Set up common inventory configurations
Describe managerial accounting and cost accounting basics
Sample Question and Answers
QUESTION 1
You are configuring business units for your customer and have defined two business units: Business
Unit America and Business Unit Singapore.
Based on discussions with the customer, you configured Business Unit Singapore as Procurement
Service Providers in the Manage Service Providers: Business Unit America task.
What is the role of Business Unit Singapore?
A. To process requisitions, supplier information, and payable invoices for Business Unit America
B. To process procurement orders, payable invoices, billing, and revenue for Business Unit America
C. To process requisitions and negotiate supplier terms for Business Unit America
Answer: C
QUESTION 2
You have created a new material status Transfit allowing Miscellaneous and Purchase Order Receipt transactions.
How can you assign Transfit as a default lot status?
A. Set Default Lot Status under Lot, Serial Number, and Packing Unit on the Manage Inventory Organization Parameters page.
B. Set Default Lot Status under Item Specifications in Master Organization.
C. Set Default Lot Status under Associate Item on the Configure Subinventories page
Answer: B
QUESTION 3
Which interface tables should be populated to import inventory transactions using the FBDI template?
A. INV_BALANCE_TXNS_INT and CST_I_INCOMING_TXN_COSTS
B. INV_RESERVATIONS_INTERFACE and INV_BALANCE_TXNS_INT
C. CST_I_INCOMING_TXN_COSTS and INV_TRANSACTIONS_INTERFACE
Answer: C
QUESTION 4
You are planning to create a new transaction type, Audit Movement, to track all inventory
movements planned for periodical audit in your warehouse.
Which statement is true about the Audit Movement transaction type?
A. Material status control cannot be enabled.
B. User-defined transaction source can be included.
C. User-defined transaction actions can be included.
Answer: B
QUESTION 5
Item AS56001 has 10 on-hand quantities. In the Item Availability window, Available to Transact is
equal to On-Hand Quantity. However, Available to Reserve is 0 and no reservations exist for this item.
What could be two reasons for 0 Available to Reserve?
A. The item lot material status is not allowing reservations.
B. The inventory organization is not allowing reservations.
C. Pending transactions exist for this item.
D. The item is lot-controlled and the lot has expired.
Answer: A, D