1z0-1077-23 Oracle Order Management Cloud Order to Cash 2023 Implementation Professional Questions and Answers

The Orders in Jeopardy dashboard is an Order Management Oracle Transactional Business Intelligence (OTBI) dashboard that can be used to get all possible root causes for orders that are not fulfilled on time. This dashboard provides real-time visibility into the order fulfillment performance and the potential issues that may affect the on-time delivery of the orders. The dashboard includes various reports and charts that show the number and value of the orders that are in jeopardy, the reasons for the jeopardy, the actions that can be taken to resolve the jeopardy, and the impact of the jeopardy on the customer satisfaction and revenue1.

References:

• Orders in Jeopardy Dashboard

• A is correct because cost method is the way of valuing inventory and cost of goods sold. Cost method can be defined at different levels of granularity, such as item category, item, or lot. This allows for more flexibility and accuracy in cost accounting1
• B is incorrect because a cost organization must have a primary cost book associated with the primary ledger. A cost book is a set of cost accounting policies and valuation structures that determine how inventory transactions are accounted for. A cost organization can have multiple cost books, but one of them must be primary2
• C is correct because Supply Chain Orchestration is the application that coordinates and executes the fulfillment of sales orders across multiple sources and systems. Supply Chain Orchestration automatically selects the appropriate orchestration process based on user-defined subledger accounting rules when a supply creation is initiated. Subledger accounting rules define how transactions are accounted for in the general ledger3
• D is correct because Landed Cost Management is the application that enables organizations to capture, track, and allocate the actual costs associated with acquiring items from suppliers. Landed cost includes not only the purchase price, but also other charges such as freight, insurance, taxes, and duties. Landed Cost Management gives organizations financial visibility into their extended supply chain costs and helps them optimize their sourcing and pricing decisions.
• E is incorrect because Receipt Accounting is not the application that performs the accrual accounting for all types of receipts. Receipt Accounting is the application that performs the accrual accounting for purchase order receipts, return to supplier transactions, and inventory adjustments. Other types of receipts, such as sales order receipts, are accounted for by other applications, such as Receivables.

References:

1: Cost Methods 2: Cost Organizations and Cost Books 3: Supply Chain Orchestration : Landed Cost Management : Receipt Accounting

Profitable-to-promise (PTP) is a Global Order Promising mode that allows you to override the normally used source by considering the item cost in your organization, transfer-cost between internal organization, and inbound transit cost from a supplier. PTP selects the most profitable fulfillment location that meets the customer’s needs, by comparing the total cost and revenue of each potential source. PTP can also factor in the impact of discounts, taxes, and currency conversions on the profitability of each source.

References:

• Global Order Promising Data Sheet
• Oracle Fusion Cloud Order Management Global Order Promising Solution Brief
• 4 Stages of Oracle Global Order Promising (GOP) in Make-to-Order Production Systems

https://docs.oracle.com/en/cloud/saas/supply-chain-management/r13-update17d/faivc/implementing-planning-source-systems-and-profile-options.html#FAIVC134911

Physical Material Return Required is available in manage returns and used for accounting only

The back-to-back fulfillment process is one in which specific sales order demand triggers supply creation, and a link is established between the sales order and the supply.

Orders in jeopardy – Details – The Fulfillment Lines in Jeopardy Analysis shows the number of fulfillment lines that are in jeopardy, using a bar for each jeopardy priority that you have defined. For example, a range can indicate high, medium, or low jeopardy priorities. You can click a range bar to drill down to the Manage Fulfillment Lines page, which displays a list of fulfillment lines restricted to the exception type that corresponds to that range, as indicated by an icon in the Exception Type column.

Orders on Past Due – Details and allows filtering based upon :◦Year◦Inventory Organization Name◦Item Name◦Business Unit Name◦Bill-to Customer Name◦Ship-to Customer Name

So Past due seems to give root cause details while Jeopardy gives ranges

Oracle Order Management Cloud supports three costing methods: perpetual average cost, actual cost (FIFO), and frozen standard cost. Perpetual average cost is a method that calculates the average unit cost of an item by dividing the total cost of the item by the total quantity on hand. Actual cost (FIFO) is a method that assigns the actual cost of each receipt to the item, and uses the first-in, first-out (FIFO) principle to determine the cost of goods sold. Frozen standard cost is a method that assigns a predetermined cost to the item, and uses the difference between the standard cost and the actual cost to calculate variances.

References:

• Overview of Costing Methods
• Costing Methods

https://docs.oracle.com/cd/E51367_0 1/scmop_gs/FAOFO/F1433056AN132D9.htm

A tier-based discount list is a pricing strategy that applies a different discount percentage based on the quantity of the item ordered. A tier-based discount list enables you to define the tier basis type, the aggregation method, the adjustment type, the adjustment basis, the application method, and the tiered pricing rules for the discount1. By creating a tier-based discount list using the given parameters, the client can achieve the requirement of offering 10%, 15%, and 20% discounts for different quantity ranges of the older-model tablets.

References:

• How Pricing Works with Tiered Pricing

A shipment comprises a set of shipment lines, grouped by certain common shipping attributes, that are scheduled to be shipped to a customer's ship-to location on a specific date and time. You can include items from different sales orders in a shipment. You can either manually or automatically group shipment lines to create a shipment. The shipment lines are grouped by the mandatory default criteria: ship-from location and ship-to location. However, you may also include additional grouping criteria, such as customer, freight terms, FOB (Free on board), and shipping method.

A pricing segment is a pricing entity that defines a set of conditions that must be met for a pricing strategy to apply. A pricing segment can include attributes such as customer, customer category, item, item category, order type, and so on. By creating a pricing segment for the specific customer, the client can set conditional logic around the customer without changing the pricing strategy for all other customers1.

References:

• How Profiles, Segments, and Strategies Work Together

Order header status update and hold are two business event trigger points that can be used to enable e-mail notifications. A business event trigger point is a condition that triggers a business event, which is a notification that informs subscribers about a significant development in the order-to-cash process1. You can use the Manage Business Event Trigger Points page to set up the criteria that uses the Sales Order Notification business event to send e-mail notifications to subscribers2. The following are some examples of business event trigger points that you can use3:

• Order header status update: This trigger point sends a notification when the status of the order header changes, such as from Entered to Booked, or from Booked to Closed.
• Hold: This trigger point sends a notification when a hold is applied to or released from an order or a fulfillment line. A hold is a condition that prevents the fulfillment of an order or a line until it is resolved.
• Split: This trigger point sends a notification when a fulfillment line is split into two or more lines. A split can occur due to various reasons, such as partial fulfillment, backorder, or change order.
• Change order compensation complete: This trigger point sends a notification when the compensation process for a change order is completed. A change order is a request to modify an existing order, such as adding, deleting, or updating lines. A compensation process is a set of actions that adjust the fulfillment plan and the pricing of the order to reflect the changes.
• Order attribute update: This trigger point sends a notification when a predefined attribute on the order header or the fulfillment line is updated, such as the order type, the customer, or the ship-to location.

References:

• Business Event Trigger Point
• Overview of Using Business Events with Order Management
• Manage Business Event Trigger Points

These are the two reasons why the Extensible Flexfield (EFF) is not visible in the order capture additional information section. An EFF is a user-defined flexfield that you can use to capture additional information on sales orders, such as trade compliance, call center details, or source order status1. To make an EFF visible in the order capture additional information section, you need to perform the following steps2:

• Associate the EFF context with the page: You need to specify which page in the Order Management work area will display the EFF, such as the order header or the order line. You can use the Pages tab in the Manage Order Extensible Flexfields task to associate the EFF context with the page.
• Publish the custom extensible flexfields: You need to deploy the EFF to the database and make it available for use. You can use the Deploy Flexfield task to publish the custom extensible flexfields.

References:

• Overview of Setting Up Extensible Flexfields in Order Management
• Set Up Extensible Flexfields in Order Management
• [Manage Order Extensible Flexfields]
• [Deploy Flexfield]

Supplier part numbers are created and maintained in the Product Information Management functional area. This is where you can define and manage items, such as products, services, and components, that you sell, buy, or use in your business processes. You can also associate supplier information with items, such as supplier part numbers, lead times, and prices. Supplier part numbers are used to identify items that you purchase from suppliers or sell to customers using the supplier’s terminology.

References:

• Overview of Product Information Management
• Manage Supplier Part Numbers

The Manage Supply executing document creation rule is the configuration that is required to enable the warehouse user to have visibility of both the Transfer Orders and the Sales Orders. This rule determines the type of supply order that is created for each demand line, such as a transfer order, a purchase order, or a work order. You can update this rule to specify the conditions and actions for creating transfer orders for internal material transfers between warehouses1. You can also use this rule to combine visibility of internal and external orders by sending transfer orders to Oracle Order Management Cloud2.

References:

• Manage Supply Executing Document Creation Rule
• Oracle Supply Chain Management Cloud: Order to Cash Release 11 RCD

Verified Answer: A. Order header status update and order attribute update

Short but Comprehensive Explanation: In Oracle Order Management Cloud Order to Cash, business event trigger points can be used to enable e-mail notifications for specific events. The “Order header status update” and “Order attribute update” are among the business events that can trigger notifications12. When these events occur, such as when details in a sales order change, a notification can be sent2.

References:

• Overview of Using Business Events with Order Management
• Overview of Sending Notifications from Order Management to Other Systems

https://docs.oracle.com/cloud/r13_update17c/scmcs_gs/FAIMS/FAIMS1823005.htm#FAIMS1922710

Verify that the Snapshot status is “Updates not in workspace” and F. Use the “Add Updated Item Snapshots for Models” command on the Workspace page to add the updated snapshots to the model’s workspace.

These are the two steps that you should perform to verify and update your model to have the most current updates. A snapshot is a copy of the item-based model structure that you import from the Product Information Management work area into the Configurator Models work area1. The snapshot status indicates whether the snapshot has any changes that are not yet reflected in the model’s workspace2. If the snapshot status is “Updates not in workspace”, it means that there are changes made to the item structure in the Product Information Management work area that are not yet imported into the Configurator Models work area. You can use the “Add Updated Item Snapshots for Models” command on the Workspace page to add the updated snapshots to the model’s workspace. This command updates the model structure with the latest changes from the Product Information Management work area3.

References:

• Import Item-Based Models into Configurator
• Snapshot Status
• Add Updated Item Snapshots for Models

A workspace is a container that holds one or more models and their associated user interfaces, rules, and data. A workspace enables you to create and manage multiple versions of your configurator frameworks in Configurator Cloud1. The following statements are true about workspaces:

• An effective date must be specified when you create a workspace. The effective date determines when the workspace becomes active and available for use. You can specify a past, present, or future date for the effective date2.
• You can edit both the workspace name and description. You can change the name and description of a workspace at any time, as long as the workspace is not locked by another user. The name must be unique within the Configurator Cloud instance2.
• While creating a workspace, the name must be unique. You cannot create a workspace with a name that already exists in the Configurator Cloud instance. The name must be alphanumeric and can include spaces and special characters2.

References:

• Overview of Workspaces
• Create Workspaces

http://www.oracle.com/technetwork/fusion-apps/orderorchestrationguide-e22707-01-1514572.pdf

Rule conditions are the Oracle Business Rule component that determines the specific rule that will be used to transform the imported orders. Oracle Business Rules are a set of logic statements that define the behavior of an application or a process, such as order transformation, order orchestration, or order approval1. A rule consists of two parts: a condition and an action. A rule condition is a statement that evaluates to true or false based on the input data, such as order attributes, order lines, or order status. A rule action is a statement that performs a specific task or operation when the rule condition is true, such as updating order attributes, creating order lines, or changing order status2. You can use the Manage Order Transformation Rules task to define the rule conditions and actions for transforming the imported orders from a legacy system into Oracle Order Management Cloud3.

References:

• Overview of Using Business Rules with Order Management
• Oracle Business Rules
• Manage Order Transformation Rules

An orchestration process is a predefined business process that coordinates the orchestration of physical goods and activities within a single order and automates order orchestration across fulfillment systems.

The Edit Configurator Model page is where you can modify the structure, rules, user interfaces, and connectors of a configurator model in Configurator Cloud. The Structure tab is where you can view and edit the features and options that make up the model structure. The Structure tab has two subtabs: Item attributes and Supplemental Structures1.

• Item attributes are the characteristics or properties of the features and options that participate in the model structure. You can use item attributes to define the behavior and appearance of the features and options, such as the default value, the display name, the data type, and the validation rules2.
• Supplemental Structures are the additional structures that you can create and associate with the model structure. You can use supplemental structures to add more features and options to the model, such as accessories, services, or documentation. You can also use supplemental structures to create different views of the model, such as a technical view or a marketing view3.

References:

• How You Modify Configurator Models
• Overview of Item Attributes
• Overview of Supplemental Structures

Oracle Order Management Cloud Order to Cash provides several built-in metrics for comparing promising results, such as substitute item usage, total fulfillment cost, on-time results, and delay results1. However, total margin is not one of them. Total margin is a financial metric that measures the profitability of a sales order, but it is not directly related to the availability or fulfillment of the order.

References:

• How Order-to-Cash Works in Order Management