Oracle 1Z0-1163-1 Valid Exam Voucher | 1Z0-1163-1 Vce Format
Oracle 1Z0-1163-1 Valid Exam Voucher | 1Z0-1163-1 Vce Format
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Oracle 1Z0-1163-1 Practice Test - Right Preparation Method [2Pass4sure]
Users can customize the time and 1Z0-1163-1 questions of Oracle 1Z0-1163-1 practice tests according to their needs. You can give more than one test and track the progress of your previous attempts to improve your marks on the next try. These 1Z0-1163-1 mock tests are made for customers to note their mistakes and avoid them in the next try to pass Oracle Fusion Cloud Applications SCM Foundations Associate - Rel 1 (1Z0-1163-1) exam in a single try.
Oracle Fusion Cloud Applications SCM Foundations Associate - Rel 1 Sample Questions (Q17-Q22):
NEW QUESTION # 17
Which activity is fundamental to the Insight to Sourcing OMBP, ensuring effective procurement and cost optimization?
- A. Idea Generation, which identifies market opportunities, incorporating trend analysis and internal innovation.
- B. Spend Analysis, which involves categorizing and analyzing historical spending data to identify cost-saving opportunities and strategic sourcing decisions.
- C. Performance Monitoring, which assesses supplier ability to meet quality and service standards by utilizing audits, inspections, or performance reviews.
Answer: B
Explanation:
Spend Analysis (B) is the cornerstone of the Insight to Sourcing OMBP in Oracle Fusion Cloud SCM, as it involves categorizing and analyzing historical spending data to uncover cost-saving opportunities and inform strategic sourcing decisions. By examining past expenditures-e.g., identifying that 70% of spending on raw materials comes from a single supplier-businesses can negotiate better terms, consolidate suppliers, or shift to lower-cost alternatives, optimizing procurement costs. Option A (Idea Generation) is a preliminary step focused on innovation and market trends, not the core analytical activity driving sourcing. Option C (Performance Monitoring) evaluates supplier performance post-sourcing, not the initial insight process. For instance, Spend Analysis might reveal excessive spending on expedited shipping, prompting a shift to local suppliers, directly impacting cost efficiency and procurement strategy. This data-driven approach ensures decisions are grounded in financial reality, making it fundamental to the OMBP.
NEW QUESTION # 18
Which feature in Oracle Fusion Cloud SCM assesses and approves suppliers based on compliance and performance criteria?
- A. Cost Accounting.
- B. Supplier Qualification Management.
- C. Supplier Portal.
- D. Manufacturing Execution.
Answer: B
Explanation:
Supplier Qualification Management (D) assesses and approves suppliers based on compliance (e.g., regulatory standards) and performance criteria (e.g., delivery reliability). For example, it might evaluate a supplier's 95% on-time delivery rate and ISO certification before approval. Option A (Cost Accounting) tracks costs, not supplier quality. Option B (Supplier Portal) facilitates communication, not qualification. Option C (Manufacturing Execution) manages production, not supplier vetting. This feature ensures reliable, high-quality suppliers, reducing supply chain risks and enhancing procurement outcomes.
Reference:
Below is the batch of questions formatted as requested, with comprehensive and detailed explanations verified against Oracle Fusion Cloud Applications SCM and Procurement documentation. Each explanation is extensive, covering the reasoning behind the correct answer, why other options are incorrect, practical examples, and the broader implications within the SCM or Procurement framework. All questions have four options, so the format includes A, B, C, and D. Note that Question 11 was included in this batch as it aligns with the pattern of your request.
NEW QUESTION # 19
What is the primary function of Cost Rollup in Oracle Fusion Cloud SCM?
- A. It tracks only direct labor expenses, excluding materials.
- B. It ensures material costs remain unchanged over time.
- C. It eliminates the need for cost accounting.
- D. It calculates the total cost of a product by aggregating material, labor, and overhead expenses.
Answer: D
Explanation:
Cost Rollup (C) in Oracle Fusion Cloud SCM calculates the total cost of a product by aggregating material, labor, and overhead expenses across production stages. For instance, a widget might cost $10 total-$5 materials, $3 labor, $2 overhead-rolled up from raw inputs to finished goods. Option A is false-Cost Rollup enhances, not eliminates, cost accounting by providing detailed data. Option B is incorrect-it includes all cost components, not just labor. Option D is wrong-costs fluctuate with market conditions; Rollup reflects current values. This function ensures accurate pricing, profitability analysis, and cost control, critical for financial decision-making and competitive strategy.
NEW QUESTION # 20
Which feature in Oracle Fusion Cloud SCM ensures optimal inventory levels by predicting demand and adjusting supply plans?
- A. Supplier Qualification.
- B. Cost Accounting.
- C. Replenishment Planning.
- D. Manufacturing Execution.
Answer: C
Explanation:
Replenishment Planning (C) in Oracle Fusion Cloud SCM ensures optimal inventory levels by predicting demand and adjusting supply plans proactively. Using forecasts-e.g., expecting 300 units next month-it triggers replenishments to maintain stock (e.g., ordering 250 units when levels hit 50), avoiding overstock or shortages. Option A (Cost Accounting) tracks costs, not inventory levels. Option B (Supplier Qualification) evaluates suppliers, not stock planning. Option D (Manufacturing Execution) manages production, not replenishment. This feature balances cost and availability, reducing waste (e.g., $5,000 in excess stock) and ensuring service continuity.
NEW QUESTION # 21
Which two capabilities within the Predict Demand process in the Demand to Management OMBP make it a powerful tool for demand planning and management?
- A. Machine Learning-based Forecasting.
- B. Collaborative Forecasting Platform.
- C. Demand Sensing.
- D. Statistical Forecasting.
Answer: A,B
Explanation:
The Predict Demand process within the Demand to Management OMBP in Oracle Fusion Cloud SCM leverages advanced capabilities to enhance demand planning. Collaborative Forecasting Platform (A) enables stakeholders-such as sales teams, suppliers, and distributors-to collaborate in real time, inputting qualitative insights (e.g., market trends or promotions) that refine forecasts beyond pure data analysis. For example, a retailer might adjust forecasts based on an upcoming sale confirmed via the platform, improving accuracy. Machine Learning-based Forecasting (B) uses algorithms to analyze historical data, detect patterns (e.g., seasonality or anomalies), and adapt predictions dynamically, making it more precise than traditional methods. For instance, it might identify a spike in demand for umbrellas during unexpected rainy seasons. Option C (Statistical Forecasting) is a traditional method relying on statistical models but lacks the adaptive intelligence of machine learning, though it's still used as a foundation. Option D (Demand Sensing) focuses on short-term demand signals (e.g., point-of-sale data) rather than long-term planning, making it complementary but not a core strength of Predict Demand. Together, A and B empower businesses with both human collaboration and cutting-edge AI, ensuring robust demand planning that balances quantitative and qualitative inputs.
NEW QUESTION # 22
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