1Z0-1163-1 Test Engine Version - 1Z0-1163-1 New Braindumps Pdf
1Z0-1163-1 Test Engine Version - 1Z0-1163-1 New Braindumps Pdf
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Oracle Fusion Cloud Applications SCM Foundations Associate - Rel 1 Sample Questions (Q43-Q48):
NEW QUESTION # 43
Which feature in Oracle Fusion Cloud Procurement automates the creation of purchase orders from contracts?
- A. Receipt Accounting.
- B. Supplier Portal.
- C. Contract Fulfillment Automation.
- D. Intelligent Document Recognition (IDR).
Answer: C
Explanation:
Contract Fulfillment Automation (C) in Oracle Fusion Cloud Procurement automates the creation of purchase orders (POs) directly from contract terms, streamlining the procurement process. This feature uses predefined contract details-such as items, quantities, pricing, and delivery schedules-to generate POs without manual intervention. For example, if a contract stipulates 1,000 units of a product at $10 each over six months, Contract Fulfillment Automation triggers POs as needed (e.g., 200 units monthly), ensuring accuracy and compliance with the agreement. Option A (Receipt Accounting) records goods received, not PO creation. Option B (Supplier Portal) enables supplier interaction but doesn't automate PO generation from contracts. Option D (IDR) extracts data from documents like invoices, not contracts for PO creation. This automation reduces errors (e.g., mismatched quantities), saves time, and ensures procurement aligns with negotiated terms, enhancing efficiency and supplier relationships.
NEW QUESTION # 44
Which key metric measures the effectiveness of the Demand to Management OMBP in Oracle Fusion Cloud SCM?
- A. Inventory Turnover, which tracks the speed of inventory movement.
- B. Forecast Accuracy, evaluates the precision of demand predictions against actual market demand.
- C. Supplier Lead Time, which measures supplier response efficiency.
Answer: B
Explanation:
For the Demand to Management OMBP, Forecast Accuracy is the primary metric, as it evaluates how precisely demand predictions match actual market demand, a foundational step in effective supply chain planning. Calculated as a percentage (e.g., actual demand of 800 units versus a forecast of 850 yields 94% accuracy), it directly reflects the OMBP's ability to drive downstream processes like procurement and production. Option B (Supplier Lead Time) measures supplier performance, which affects supply execution but not demand forecasting accuracy. Option C (Inventory Turnover) tracks inventory movement efficiency, an outcome influenced by forecast accuracy, not a direct measure of the OMBP itself. Accurate forecasts prevent overproduction or shortages-for example, overestimating demand by 20% could lead to $50,000 in excess inventory costs, underscoring the metric's importance.
NEW QUESTION # 45
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. Performance Monitoring, which assesses supplier ability to meet quality and service standards by utilizing audits, inspections, or performance reviews.
- C. Spend Analysis, which involves categorizing and analyzing historical spending data to identify cost-saving opportunities and strategic sourcing decisions.
Answer: C
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 # 46
What is a key feature of the Supply Chain Orchestration process in Oracle Fusion Cloud SCM?
- A. It provides a manual approach to tracking supply chain transactions.
- B. It only manages warehouse operations without linking to procurement or manufacturing.
- C. It automates the execution of supply chain tasks across different applications, ensuring end-to-end process integration.
Answer: C
Explanation:
The Supply Chain Orchestration (SCO) process in Oracle Fusion Cloud SCM is a pivotal feature that automates the execution of supply chain tasks across multiple applications, including procurement, manufacturing, and inventory management. It ensures seamless end-to-end process integration by coordinating activities like order fulfillment, material transfers, and production scheduling. Option A is incorrect because SCO extends beyond warehouse operations to integrate with procurement and manufacturing. Option C is also inaccurate as SCO eliminates manual tracking by leveraging automation, improving efficiency and visibility across the supply chain. This capability reduces delays and enhances coordination, aligning with Oracle's goal of a connected supply chain ecosystem.
NEW QUESTION # 47
What role does the Inventory Management function play in Oracle Fusion Cloud SCM?
- A. It manages only supplier shipments, not warehouse stock.
- B. It ensures optimal inventory levels by tracking stock movement and availability.
- C. It focuses on reducing supplier costs instead of stock levels.
Answer: B
Explanation:
Inventory Management in Oracle Fusion Cloud SCM ensures optimal inventory levels by tracking stock movement, availability, and replenishment needs across warehouses and supply chains. It monitors quantities on hand, in transit, and on order, using real-time data to prevent overstocking or stockouts. For instance, if a product's stock drops below a reorder point, the system triggers a replenishment alert. Option A is incorrect-reducing supplier costs is a procurement goal, not Inventory Management's focus, which is stock optimization. Option B is wrong as it manages warehouse stock, not just supplier shipments. This function balances inventory costs with service levels, supporting efficient operations and customer satisfaction by ensuring products are available when needed without tying up excess capital.
NEW QUESTION # 48
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