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1Z0-1163-1 Valid Exam Testking | 1Z0-1163-1 Latest Dumps Questions
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Oracle Fusion Cloud Applications SCM Foundations Associate - Rel 1 Sample Questions (Q45-Q50):NEW QUESTION # 45
Which function does the Global Order Promising component serve in Oracle Fusion Cloud SCM?
- A. It provides real-time order promising based on supply and demand constraints.
- B. It focuses only on local supplier availability.
- C. It guarantees order fulfillment within 24 hours.
Answer: A
Explanation:
Global Order Promising (GOP) in Oracle Fusion Cloud SCM provides real-time order promising by evaluating supply and demand constraints across the enterprise, ensuring accurate delivery commitments. Option A is incorrect as GOP considers global, not just local, availability. Option C is false-it doesn't guarantee a 24-hour fulfillment but provides feasible timelines. This enhances customer satisfaction and planning accuracy.
NEW QUESTION # 46
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 # 47
What is a key benefit of Supplier Qualification Management in Oracle Fusion Cloud SCM?
- A. It eliminates supplier performance reviews.
- B. It assesses and approves suppliers based on compliance and performance criteria.
- C. It only tracks supplier payments.
Answer: B
Explanation:
Supplier Qualification Management in Oracle Fusion Cloud SCM evaluates and approves suppliers based on predefined compliance and performance criteria, ensuring reliable partnerships. Option A is incorrect as it focuses on payments, not qualification. Option C is wrong-performance reviews are integral to the process. This benefit mitigates risks and ensures quality suppliers.
NEW QUESTION # 48
Which process in Oracle Fusion Cloud SCM ensures real-time communication between suppliers and buyers?
- A. Cost Accounting.
- B. Supplier Qualification.
- C. Supply Chain Collaboration.
- D. Manufacturing Execution.
Answer: C
Explanation:
Supply Chain Collaboration (B) in Oracle Fusion Cloud SCM is designed to facilitate real-time communication between suppliers and buyers through tools like the Supplier Portal and collaboration workspaces. This process enables sharing of critical information-such as order statuses, inventory levels, and delivery schedules-instantly, fostering transparency and responsiveness. For example, a buyer can notify a supplier of an urgent order change, and the supplier can confirm availability within minutes, reducing delays. Option A (Supplier Qualification) focuses on evaluating supplier eligibility, not ongoing communication. Option C (Cost Accounting) tracks financial data, unrelated to supplier-buyer interaction. Option D (Manufacturing Execution) manages shop floor activities, not external collaboration. Supply Chain Collaboration ensures a synchronized supply chain, mitigating risks like stockouts or misaligned expectations by keeping all parties informed in real time.
NEW QUESTION # 49
What is the main purpose of the Supply Chain Collaboration feature in Oracle Fusion Cloud SCM?
- A. It enables real-time communication between suppliers and buyers for improved supply chain visibility.
- B. It automates internal financial reporting without supplier interaction.
- C. It eliminates the need for supplier contracts.
Answer: A
Explanation:
The Supply Chain Collaboration feature in Oracle Fusion Cloud SCM facilitates real-time communication between suppliers and buyers through tools like the Supplier Portal, improving visibility into supply chain activities such as order status and inventory levels. Option A is incorrect as it involves supplier interaction, not just internal reporting. Option B is false-contracts remain essential. This collaboration enhances coordination and responsiveness across the supply chain.
NEW QUESTION # 50
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