Supply Chain - Oracle Inventory
Inventory Setup in oracle apps r12
We will First create the Inventory Org Location.
Inventory ==> Setup ==> Organizations ==> Locations
The 4-4-5 accounting cycle means that in each quarter, the first financial period consists of the first four weeks, the second period consists of the next four weeks, and the third period consists if the next five weeks.
The grouping of 13 weeks may also be set up as 4-4-5 weeks or 5-4-4 suitable if you are planning to use (MRP).
Material requirements planning (MRP) is a computer-based inventory management system designed to improve productivity for businesses.
When this type of calendar is in use, reports with month-by-month comparisons or trends are flawed as one month is 25% longer than the other two. It could still compare a period to the same period in the prior year, or use week by week data comparisons.
Now we will create the Inventory Organization and assign the Inventory Location and Inventory Calendar
When we do click on Others Button , You will need to provide the additional information for 'Accounting Information ' , 'Inventory Information' , 'Receiving Information'.
In Accounting Information , We need to Provide the Ledger Name , Legal Entity and the Operating Unit under which we want to create the Inventory Org.