About Oracle Fusion SCM

Oracle Fusion Supply Chain Management is a common configuration that consists of three main components: enterprise structure, enterprise fundamental structure, business units, and inventory organization.

The enterprise structure in Oracle Fusion is a hypothetical structure that maintains the system to represent the actual organization structure of the company. It includes different levels from enterprise to inventory organization.

Benefits of Oracle Fusion SCM

Oracle Fusion Supplier Lifecycle Management (OFSL) is an all-in-one supply chain management system that supports suppliers, procurement, and inventory operations. Oracle Fusion SCM’s advantages:

1. Supplier Lifecycle Management:

Oracle Fusion SCM provides enterprises with tools for overseeing supplier relations from on boarding through off boarding, such as finding and vetting suppliers, overseeing contracts and analyzing risk. This service makes the search for new vendors easier while managing contracts properly and mitigating exposures to risk.

2. Procurement Automation:

Oracle Fusion SCM makes procurement automation possible for companies by automating every procurement stage, from order placement to approval and invoicing.

This eliminates manual processes, mistakes, and inefficiency and increases streamlined operation.

3. Integration with Other Oracle Applications:

Oracle Fusion SCM integrates seamlessly with ERP, EPM, and Transportation Management applications from Oracle for an end-to-end corporate solution, streamlining operations while eliminating data silos for increased efficiency and streamlining operations more smoothly overall.

4. Reporting and Analytics:

Oracle Fusion SCM offers extensive reporting and analytics solutions, allowing enterprises to gauge supply chain performance accurately.

Utilizing pre-built reports, dashboards, and custom analytics reporting technologies helps firms optimize processes while quickly making choices.

5. Collaboration and Communication:

Oracle Fusion SCM facilitates supply chain partner cooperation and communication among suppliers, customers, and internal teams.

Organizations may strengthen supplier relationships via real-time communications, document sharing and collaborative workspaces.

6. Customization and Configuration:

Oracle Fusion SCM can easily be tailored to fit each organization’s unique requirements, and it can be quickly installed through pre-built settings, templates, or customized development projects.

7. Scalability and Security:

Oracle Fusion SCM provides businesses with robust supply chain security measures such as role-based access control, data encryption and single sign-on to protect data while adhering to regulatory mandates.

Prerequisites of Oracle Fusion SCM

Enterprises should adhere to certain conditions to successfully implement Oracle Fusion Supplier Lifecycle Management (SCM). Standard SCM requirements for Oracle Fusion deployments:

1. Hardware and Infrastructure:

Oracle Fusion SCM requires physical infrastructure to run smoothly, such as servers, storage space, network resources, and databases.

2. Software Requirements:

Oracle Fusion SCM requires specific software, including Oracle’s Fusion Middleware stack, application server software, and web or application servers that support it.

3. Data Integration:

Finance, HR, and procurement systems must integrate seamlessly with Oracle Fusion SCM for organisations to have successful data management practices and capabilities to extract, transform, and load information from different systems into the Fusion SCM application.

4. Security:

Oracle Fusion SCM should utilize security rules and procedures that protect its data, such as role-based access controls, encryption techniques, and other safeguards.

To achieve this aim, implement role-based access control policies, encryption procedures, or other necessary means.

Oracle Fusion SCM Tutorial

Supply Chain Management Cloud Fusion:

The Supply Chain Management cloud fusion integrates Oracle’s applications. This involves converting raw materials or components into finished goods using a few resources.

The manufacturing process starts with receiving an order from purchasing, sales, or inventory management.

Once the order is received, a work definition outlines the components, operations, and resources needed to convert the raw material into a product.

Manufacturing Cloud Integration with Other Modules:

The manufacturing cloud integrates with other modules in cloud applications, such as procurement, planning, inventory management costing, and Production Information Management (PIM).

PIM is used for creating items and organizing them under an organization. The security console deals with building users, roles, customizations, and assigning roles to users.

Fusion Cloud Plan Parameters and Exceptions:

Plan parameters in the fusion cloud involve defaulting work order numbers, treating operation pull and push components, and defaulting resources.

In the case of OSP, repurchase requisitions must be generated after completing previous operations or at a one-work order release.

Oracle Fusion Applications:

Oracle Fusion Applications is a product developed by Oracle as part of their continuous product implementation and innovations.

The application offers features like social interaction, role-based access control, and reporting UI features.

Customizable Reporting and Data Import:

Reporting runs backend queries and generates reports, while FBDI (file-based data import) converts data.

The application also supports integration with multiple retail application systems or e-commerce portals.

The customizable user interface makes adopting and contributing to innovation and business growth easy.

Exploring Fusion Applications:

In contrast to EBS and Fusion applications, Fusion applications have offerings and options, such as procurement, software portals, self-service procurement, and document contact.

A functional setup manager tool helps create or configure the product, including enabling offerings, managing implementation projects, and assigning tasks to implementation projects.

A feature called manage configuration packages also allows for data migration between environments.

Fusion applications offer a step-by-step process for creating enterprise structures, divisions, legal entities, and business units and managing their functions.

The application provides a single page where users can create everything, including legal entities, ledgers, operating units, inventory organizations, sub-inventories, and locations.

Employees are created at the legal entity level, while business units can be designed to segregate transactions and functions.

Fusion Procurement and Supplier Portal:

Fusion Self-Service Procurement allows users to create catalogues, categories, and content zones and perform receiving tasks like receipts, returns, corrections, and end-to-end flow.

Catalogues can be made using a procurement catalogue administrator role, and users can publish purchasing news and view intent flows from requisition to purchase order.

The Fusion Supplier Portal allows suppliers to manage orders, schedules, agreements, shipments, and more.

Fusion applications offer two types of suppliers: prospective and spend order-based.

Prospective suppliers are those interested in doing business with an organization, while spend order-based suppliers are already approved or rejected based on the information provided.

Fusion applications also have several roles, including supplier administrator, supplier manager, supplier service administrator, and service provider.

Each role has specific tasks, such as creating a supplier, transferring to the supplier, advanced shipment and billing notices, and advanced shipment and billing notices.

Procure to Pay Cycle

The procure to pay (P2P) process is a crucial aspect of an organization’s business operations, involving the procurement and payment of goods and services.

The P2P cycle involves inventory procurement, order management, accounts payable, fixed assets, general leisure, cash management, and accounts receivable.

These applications are essential for efficient and accurate business operations.

The P2P cycle is an automatic system integrating procurement with accounts payables, streamlining processes, ensuring accuracy, and creating cost and time efficiencies.

Modes of learning of Oracle Fusion SCM

Oracle Fusion Supplier Lifecycle Management (SCM) features various learning modes to assist users in mastering its technology. Some common Oracle Fusion SCM learning approaches:

1. Documentation:

Oracle Fusion SCM offers comprehensive online documentation that covers new features and best practices as well as installation, setup and use. This documentation also details new product updates.

2. Training Courses:

Oracle Fusion SCM offers instructor-led training. Oracle Fusion SCM Online classes cover report creation, data modelling and administration, providing hands-on experience and professional onsite and online interaction.

3. Online Resources:

Oracle Fusion SCM Online Training users have several online resources, from forums for asking and exchanging information, such as the Oracle Fusion SCM Community, to tool recommendations.

4. Webinars:

Oracle Fusion SCM seminars are regular webinars where users may ask Oracle specialists questions on various topics.

5. Self-Paced Learning:

Oracle Fusion SCM contains lessons, videos, and interactive labs to facilitate self-paced learning and allow individuals to develop quickly.

Oracle Fusion SCM Certification

Oracle Corporation certifies Oracle Fusion Supplier Lifecycle Management (SCM) solution designers, developers, and implementers as experts in supplier lifecycle management, procurement management, inventory control systems management, procurement, and inventory.

Consequently, this certification program helps organizations identify suitable experts capable of managing supplier procurement and inventory (IPMI).

Oracle Fusion SCM certification involves passing one or more exams designed to assess knowledge and abilities related to this field, typically administered at Oracle certification centers, Pearson VUE testing centers or online proctored. These examinations may occur locally at an Oracle center, Pearson VUE center or online proctored.

Certified professionals receive a certificate and badge to demonstrate their talent to companies and clients. Still, certification must be renewed every three years either by retaking an examination or accruing additional continuing education credits.

Candidates seeking Oracle Fusion SCM Online Course certification can advance their careers by showcasing their talents and adding value to firms using these solutions.

Furthermore, it may help firms ensure they employ qualified Oracle Fusion SCM Class managers capable of overseeing suppliers, procurement processes and inventories.