Oracle Inventory
An inventory organization is a facility where you store and
transact items. Before you can use Oracle Inventory, you must define one or
more inventory organizations. Inventory organizations represent distinct
entities in your enterprise and can be one of the following:
- A physical entity such as a manufacturing facility,
warehouse, or distribution centre.
- A logical entity such as an item master organization,
which you use to define items.
- An inventory organization may have the following
attributes: An inventory organization can have its own
location, ledger, costing method, workday calendar, and items
- An inventory organization can share one or more of
these characteristics with other
organizations.
Inventory Organization Structure
An inventory organization, where you store and transact items can
have one or more subinventories. Subinventories are unique physical or logical
separations of material inventory, such as raw material inventory, finished
goods inventory, or defective goods inventory. In Oracle Inventory, all
material within an organization is held in a subinventory. You must define at
least one subinventory for every organization. You can track item quantities by
subinventory as well as restrict items to specific subinventories. The
subinventories in an inventory organization may be made up of one or more
locators. You use locators to identify physical areas where you store inventory
items. You can track items by locator and restrict items to a specific locator.
Locator control is optional in Oracle Inventory.
Sample Inventory Organization
- Receiving Subinventory
- Raw material subinventory
- Manufacturing subinventory
- Finished goods subinventory
- Inspection subinventory
- Defective goods subinventory
- Shipping Subinventory
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