Oracle Inventory, with Oracle Order Management, Oracle Purchasing, and Oracle Work in Process, provides you with a complete set of transactions and reports for maintaining inventory control. This allows you to control the flow of material from the time you receive items to the time you ship finished goods to the customer. You can:
Process miscellaneous issues and receipts. See: Performing Miscellaneous Transactions.
Transfer material between subinventories. See: Transferring Between Subinventories.
Move material from a shipping organization to a destination organization and move material to intransit inventory before it reaches its final destination. See: Transferring between Organizations.
Track lots and serial numbers for an item. See: Assigning Lot Numbers and Assigning Serial Numbers.
Generate shortage alerts and shortage notifications. See: Material Shortage Alerts and Shortage Notifications.
Enter and maintain movement statistics information. See: Entering Movement Statistics
View material transactions. See: Viewing Material Transactions.
View material transaction accounting distributions. See: Viewing Material Transaction Distributions.
View summarized transactions for a range of dates. See: Viewing Transaction Summaries.
View pending transactions. See: Viewing Pending Transactions.
View pending transaction interface activity. See: Viewing and Updating Transaction Open Interface Activity.
Purge transaction history. See: Purging Transaction History.
View serial genealogy. See: Viewing Serial Genealogy.
Attention: Inventory transactions and on hand balance supports decimal precision to 5 digits after the decimal point. Oracle Work in Process supports decimal precision to 6 digits. Other Oracle Applications support different decimal precision. As a result of the decimal precision mismatch, transactions another Oracle Application passes may be rounded when processed by Inventory. If the transaction quantity is rounded to zero, Inventory does not process the transaction. It is therefore suggested that the base unit of measure for an item is set up such that transaction quantities in the base unit of measure not require greater than 5 digits of decimal precision.