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Oracle 1Z0-1163-1 Real Questions: Oracle Fusion Cloud Applications SCM Foundations Associate - Rel 1 - PDFBraindumps Last Updated Download
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Oracle Fusion Cloud Applications SCM Foundations Associate - Rel 1 Sample Questions (Q19-Q24):
NEW QUESTION # 19
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 # 20
Which feature in Oracle Fusion Cloud SCM tracks and manages real-time production processes?
- A. Inventory Management.
- B. Manufacturing Execution.
- C. Cost Accounting.
- D. Supplier Qualification.
Answer: B
Explanation:
Manufacturing Execution (C) in Oracle Fusion Cloud SCM tracks and manages real-time production processes on the shop floor, capturing data like work order progress, material usage, and labor hours. For example, if a worker completes 100 units, the system logs the time, resources consumed (e.g., 50 kg of steel), and any delays (e.g., machine downtime), providing live visibility. Option A (Supplier Qualification) evaluates suppliers, not production. Option B (Cost Accounting) analyzes costs post-production, not real-time processes. Option D (Inventory Management) tracks stock, not manufacturing activities. This feature ensures production aligns with schedules, identifies bottlenecks instantly, and feeds data into cost and quality systems, enhancing operational control.
NEW QUESTION # 21
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 # 22
Which metric is used to measure the effectiveness of the Demand to Management OMBP?
- A. Inventory Turnover.
- B. Supplier Lead Time.
- C. Customer Acquisition Cost.
- D. Forecast Accuracy.
Answer: D
Explanation:
Forecast Accuracy (C) measures the effectiveness of the Demand to Management OMBP by comparing predicted demand to actual demand, reflecting how well the process anticipates market needs. For example, if a forecast predicts 1,000 units and actual sales are 950, accuracy is 95%, indicating strong performance. Option A (Customer Acquisition Cost) is a marketing metric, unrelated to demand planning. Option B (Supplier Lead Time) assesses supplier performance, not forecasting. Option D (Inventory Turnover) measures stock movement, an outcome influenced by forecasting, not a direct metric. Accurate forecasts drive efficient inventory and production planning, reducing costs (e.g., avoiding $10,000 in overstock) and ensuring customer satisfaction.
NEW QUESTION # 23
How can Oracle Fusion Applications ensure that supply planning recommendations reflect the latest supplier information?
- A. Using separate forecasting models for procurement and supply chain planning.
- B. By enabling real-time supplier collaboration to update supply planning with lead times and inventory availability.
- C. Increasing reorder points in inventory management.
- D. Implementing manual verification of supplier information before updating supply plans.
Answer: B
Explanation:
Oracle Fusion Cloud SCM ensures supply planning recommendations are up-to-date by enabling real-time supplier collaboration through tools like the Supplier Portal and Supply Chain Collaboration features. This integration allows suppliers to provide current data on lead times and inventory availability, which is directly reflected in supply plans. Option A (manual verification) contradicts Oracle's automation-driven approach. Option B (increasing reorder points) is a reactive measure, not a solution for real-time updates. Option D (separate forecasting models) undermines the unified planning framework of Oracle Fusion. Real-time collaboration enhances planning accuracy and responsiveness.
NEW QUESTION # 24
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