Slide 4 - Oracle Value Chain Execution Cloud Release 9

Inventory_Enhancements / Tuesday, October 02, 2018

Slide 4 - Oracle Value Chain Execution Cloud Release 9

Slide notes

Hello, welcome to the Release 9 Training for Oracle Fusion Inventory Management Enhancements. In this session, we’ll cover several new enhancements in Oracle Fusion Inventory Management. We will review new functionality for printing shipping documents for returns and enhancements for tax. In addition, we’ll cover key changes to intercompany functionality.

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Slide 5 - Agenda

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For the enhancements covered in this training, we’ll give an overview, followed by more detail to explain how you can use them, and what business value they bring.

Next we’ll explain what you need to consider before enabling these features in your business, and what you need to know to set them up.

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Slide 6 - Inventory Enhancements: Overview

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Inventory Enhancements: Overview

As a key new feature for Release 9, we’ve enhanced our tax capabilities by allowing users to review and update different tax determinants in the procure-to-pay and order-to-cash flows. Tax determinants on the receipt, inventory and shipment transactions are consistently carried forward as your document progresses through its transaction life cycle.

In addition, we now allow you to print shipping documents for returns to supplier transaction, just as you would for any outbound shipment.

Finally, we’ve introduced a new product, Oracle Fusion Supply Chain Financial Orchestration which is a new configurable application that manages all of the financial relationships resulting from trade between internal parties. All intercompany functionality that was in Oracle Fusion Inventory Management will now be part of Oracle Fusion Supply Chain Financial Orchestration.

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Slide 7 - Expanded Tax Support (Tax Point Date)

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We’ve expanded our tax support by enhancing user interfaces in receiving, inventory and shipping to capture and display additional tax attributes from source documents and transactions. Receiving transactions enhanced for this include the receive, return, match unordered, and review transactions screens. Inventory transactions enhanced include completed and pending transactions. In shipping, the shipment request, manage shipment and shipment lines have been enhanced for this purpose. The Edit Shipment user interface depicted in the slide allows users to view and update tax determinants as needed.

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Slide 8 - Expanded Tax Support (Tax Point Date)

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Gain greater control and consistency in reporting your tax liability or recoverability at different tax points throughout the transaction lifecycle. For example, you can report taxes at different tax points for supplier invoices: invoice date, payment date, or goods delivery date. This allows you to comply with specific tax regulations and properly report on taxes for purchases and sales transactions, including goods receipt and shipments.

Additionally you can review and update your tax determinants across business documents in the procure-to-pay and order-to-cash flows. For example, if your supplier has shipped from a location different from the site selected for the purchase order that materially impacts the taxes, you can record the actual ship-from location on the receipt or subsequent invoice.

You can also help reduce costs by making supply chain operations more tax efficient and also taking advantage of lower tax regimes.

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Slide 9 - New Shipping Documents for Return to Supplier Transactions

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Print Shipping Documents: New and Enhanced Features

The new shipping documents for return to supplier transactions allow a variety of shipment documents to be printed for the return, if the receiving parameter is setup to do this. To start the process, the receiving agent enters the return transaction to the supplier in the Return Receipts user interface. Once the return is prepared for shipment, the Shipping Agent, in Oracle Fusion Shipping, searches for the return to supplier lines and then performs the ship confirmation. The shipping documents can be retrieved and printed following the regular steps for printing documents for outbound shipments

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Slide 10 - New Shipping Documents for Return to Supplier Transactions

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New Business Value: Print Shipping Documents

Using the new shipping documents for return to supplier functionality, you can easily generate shipping documents for returns to supplier transactions . These documents can then be printed and attached to the items being returned.

The following shipping documents will be supported for return to supplier transactions:

Shipping labels

Packing slips

Commercial invoices

Bill of Lading

A new setup option on the Manage Receiving Parameters UI called “Print shipping documents for returns to suppliers” determines whether shipping documents will be printed for the returns to suppliers transactions.

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Slide 11 - Intercompany changes

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We’ve changed some functionality in Release 9 related to intercompany within Oracle Fusion Inventory Management.

Intercompany functionality currently contained in the Manage Intercompany Transactions Flow user interface is now included in a new module, Oracle Fusion Supply Chain Financial Orchestration.

They are now defined as agreements.

In addition, financial related fields such as the Transfer Charge, Transfer Charge Type and Percentage and Track Internal Profit have been moved into Oracle Fusion Supply Chain Financial Orchestration. The Oracle Fusion Inventory Management user interfaces modified to remove financial fields include the Manage Interorganization Parameters and the Create Interorganization Transfer UI.

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Slide 12 - Summary of Enhancement Capabilities

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Here is the summary of the features I have talked about today:

Related to tax enhancements, we now allow the user to capture and display additional tax attributes (also called tax determinants) in several receiving user interfaces. These include the Receive, Return, Correct, Match and Transaction History user interfaces. The inventory-related user interfaces include the Pending Transactions and Completed Transactions UIs. And, in shipping, the Shipments, Shipment Lines and Shipment Request Message Corrections UIs have been enhanced.

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Slide 13 - Summary of Enhancement Capabilities

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To summarize, the features covered in this training include the printing of shipping documents for the ‘Return to supplier’ transactions.

These documents are required to be printed within the premises of the company before affixing them to the goods being returned.

An optional setup in the Manage Receiving Parameters UI determines whether the Returns to Suppliers transaction would require creation of the shipping documents. If the option remains unchecked, the ‘Returns to supplier’ transaction for the organization does not generate the shipping documents and follow the existing business flow.

However, if the option is enabled, the ‘Return to supplier’ flow would be accomplished in the following two steps:

Step 1 : Creation of the Returns transactions in the Return Receipts UI

The user (Receiving Agent / Warehouse Manager) obtains the return material authorization (RMA) number for the return. Then, the receiving agent creates the return to supplier transaction by providing details such as the returned quantity and RMA number. Finally, the receiving agent submits the transaction for processing.

Step 2: Creation & Confirming of the ‘Return to supplier’ shipment in the Shipments UIs leading to closure of shipment and generation of the documents

These transactions can now be searched by the Shipping Agent/ Shipping Manager. This enhancement introduces an additional attribute of the ' Order Type' on the Search Area to search the lines related to the return to supplier transactions.

On Ship Confirm, the application also generates the shipping documents including Bill of Lading, Packing Slip and Commercial Invoice.

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Slide 14 - Slide 14

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So that concludes the audio portion of this presentation, thank you for listening. There is no audio in the implementation advice section.

You can easily pause and rewind any of these slides if you require additional time to take in the detail.