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1Z0-226 exam Dumps Source : Inventory and Order Management Fundamentals
Test Code : 1Z0-226
Test appellation : Inventory and Order Management Fundamentals
Vendor appellation : Oracle
: 302 real Questions
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REDWOOD SHORES, Calif., June 26, 2018 /PRNewswire/ -- To assist consumers in the reduction of logistics prices, optimize stock ranges and ameliorate consumer provider, Oracle these days introduced prolonged Oracle Warehouse administration (WMS) Cloud capabilities. The latest global enhancements present heightened inventory visibility through yard management and integration with Oracle stock administration Cloud, as well as improved extensibility with the addition of recent leisure application Programming Interfaces (APIs).
Legacy transportation and warehouse administration techniques are often unable to provide insight into trailers within the yard, which creates a significant gap into visibility that may judgement achievement delays. Oracle WMS Cloud yard administration capabilities directly address this challenge, making it less demanding to locate shipments in trailers with the intention to expedite unloading for elevated precedence inventory.
Oracle Integration provider (ICS) based integrations between Oracle WMS Cloud and Oracle stock administration Cloud will enable Oracle commercial enterprise useful resource Planning (ERP) and supply Chain administration (SCM) Cloud consumers to unexpectedly attach in compel supply-to-settle and order-to-cash flows to ameliorate traffic responsiveness. The addition of relaxation internet provider APIs improves extensibility and allows shoppers to customise Oracle WMS Cloud for their certain company and industry wants.
"We Have been always running out of stock and obligatory a scalable solution that would convey real-time visibility into inventory to develop their enterprise," referred to Eduardo Gonzalez de Boado Halcon, vp of provide Chain at Supermercados Peruanos, "in view that enforcing Oracle WMS Cloud, their stock outs Have reduced via eighty percent and their market partake has improved by passage of six %, which equates to a lot of earnings."
"state-of-the-art eCommerce driven economy has changed consumer expectations for achievement, and delays or inconsistencies can greatly influence consumer delight and loyalty," talked about Diego Pantoja-Navajas, vp, WMS Product evolution at Oracle. "The prolonged capabilities to Oracle WMS Cloud permit businesses to gain more suitable visibility of inventory with the intention to attach in compel more unexpectedly, prick back prices, optimize stock levels and carry constant, terrific client adventure."
The enhancements extra give a boost to Oracle's position as the leader in cloud-primarily based Warehouse management programs, and Transportation management techniques, delivering conclusion-to-conclusion logistics capabilities including Oracle Warehouse management Cloud, Oracle Transportation administration Cloud, and Oracle international change administration Cloud.
The latest improvements to Oracle WMS Cloud include:
further InformationFor additional information on Oracle provide Chain management (SCM) Cloud, talk over with facebook, Twitter or the Oracle SCM weblog.
About OracleThe Oracle Cloud presents comprehensive SaaS application suites for ERP, HCM and CX, plus most reliable-in-class database Platform as a carrier (PaaS) and Infrastructure as a service (IaaS) from information facilities birthright through the Americas, Europe and Asia. For greater suggestions about Oracle (NYSE: ORCL), gladden visit us at www.oracle.com.
emblems Oracle and Java are registered trademarks of Oracle and/or its affiliates. different names may breathe emblems of their respective owners.
safe Harbor The previous is supposititious to outline their universal product route. it's meant for assistance purposes simplest, and may no longer breathe included into any contract. It isn't a commitment to bring any material, code, or performance, and may no longer breathe relied upon in making purchasing choices. The building, unlock and timing of any features or functionality described for Oracle's products continues to breathe at the sole discretion of Oracle.
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The “rising markets” narrative continues to become greater advanced, roar consultants in the cloud-based warehouse administration space. The international powerhouse Oracle, illustrates this with the aid of offering a new inventory device.
To advocate managerreduce logistics costs, optimize inventory tiers and enrich client service, Oracle currently introduced the release of Oracle Warehouse Cloud. based on spokesmen, the latest international enhancements tender heightened stock visibility via yard management and integration with Oracle inventory management Cloud, in addition to stronger extensibility with the addition of latest relaxation software Programming Interfaces (APIs).
Derek Gittoes, vp, SCM Product method, informed LM in an interview that Oracle WMS Cloud is designed to tackle the requisite of multiple industries.
“The industries so that it will capitalize from these enhancements consist of producers, retailers, wholesale distributors, and logistics service suppliers,” he talked about.
He introduced that Oracle has brought a number of new languages to augment world advocate for its new offering. These encompass “average chinese,” traditional French, German, Italian, japanese, Korean, Polish, Russian, Thai and Turkish.
“The areas where they perceive the biggest growth opportunities are in Europe, the middle East, central and South the us,” observed Gittoes.
Legacy transportation and warehouse administration methods are sometimes unable to supply perception into trailers within the yard, which creates a major gap into visibility that may lead to fulfillment delays.
Spokesmen said Oracle WMS Cloud yard administration capabilities directly tackle this challenge, making it more convenient to locate shipments in trailers so as to expedite unloading for top precedence inventory.
Oracle Integration carrier (ICS) based mostly integrations between Oracle WMS Cloud and Oracle inventory management Cloud is designed to enable Oracle commercial enterprise aid Planning (ERP) and provide Chain administration (SCM) Cloud shoppers to rapidly attach into result supply-to-settle and order-to-cash flows to enhance company responsiveness. The addition of relaxation internet provider APIs improves extensibility and permits clients to customize Oracle WMS Cloud for their particular traffic and trade needs, delivered spoksemen.
“We were continually operating out of inventory and mandatory a scalable solution that would deliver real-time visibility into inventory to develop their business,” referred to Eduardo Gonzalez de Boado Halcon, vice chairman of give Chain at Supermercados Peruanos, “considering the fact that implementing Oracle WMS Cloud, their stock outs Have reduced with the aid of eighty percent and their market partake has extended by using six percent, which equates to loads of income.”July 5, 2018
Jul 5, 2018
Oracle has extended its Warehouse management (WMS) Cloud capabilities. The newest enhancements present more desirable stock visibility via yard administration and integration with Oracle inventory management Cloud, as well as more advantageous extensibility with the addition of recent leisure software Programming Interfaces (APIs).
in line with Oracle, legacy transportation and warehouse administration methods are often unable to provide perception into trailers in the yard, which creates a vast pocket into visibility that can lead to achievement delays. Oracle WMS Cloud yard management capabilities tackle this problem, making it more convenient to find shipments in trailers with the intention to expedite unloading for top precedence inventory.
Oracle Integration carrier (ICS) based integrations between Oracle WMS Cloud and Oracle inventory administration Cloud will allow Oracle traffic useful resource Planning (ERP) and supply Chain administration (SCM) Cloud purchasers to impulsively implement supply-to-settle and order-to-money flows to enrich enterprise responsiveness. The addition of leisure internet provider APIs improves extensibility and allows customers to customise Oracle WMS Cloud for their selected company and industry wants.
Key new Oracle WMS Cloud capabilities consist of:
greater assistance is obtainable from Oracle about Warehouse administration (WMS) Cloud.
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The technology advancements are revolutionizing daily processes for many logistics companies. Modern logistics companies now focus on implementing the birthright tools that integrate seamlessly, helping them streamline their overall operations, obtain data-backed decisions, enhance performance, and reduce costs. This is the only passage to ameliorate customer satisfaction and tarry above the water in the highly competitive logistics industry.
Here are is how the implementation of traffic intelligence and new technologies can bewitch your logistics company to the next level.Tighter communication and greater transparency
Unless your deliveries Have been already performed by driverless cars and your inventory has been managed by automated machines, the communication between your team members still matters. And, this is exactly where technology can help.
For example, there are many workforce management and scheduling tools that will let you optimize your daily tasks efficiently. They advocate you schedule different deliveries, determine transport routes, and partake the information with your employees faster. Most importantly, your employees will breathe able to report problems, communicate transactions, and check the location of vehicles faster.
Apart from their internal use, there are many tools that ameliorate your business’ communication with your customers. There are many tools that let you integrate different online and offline communication channels, including your phone, email, social networks, and instant messaging apps. There are too multiple order tracking systems that let your customers monitor their order status and delivery progress in real time. Centralized, multi-channel customer advocate and greater transparency will gain your customers’ confidence and augment their experience with your business.Real-time asset and vehicle tracking
Logistics companies now focus on automating and centralizing their asset tracking, inventory organization, and transportation management. And, there are many powerful tools that may automate these processes and augment their overall transparency.
For example, with inventory and asset management software fancy Zoho Inventory or Orderhive you can tarry on top of your stock levels both for your in-house inventory and parts of your supply chain.4 ways to ameliorate your Software as a Service business
The employ of fleet tracking software too grows, helping logistics businesses with the entire process of transportation management. Platforms fancy Linxio provide a replete overview of your fleet in real time, informing you about their exact location, current route, and speed. By having greater insights into your fleet management, you will breathe able to reduce fuel costs and manage your fleet wiser. Above all, you will breathe able to streamline your entire delivery process, ensuring that your products achieve distribution centers and halt users on time.With the implementation of AI, logistics gets smarter
Artificial intelligence is not everything about robots taking over their jobs. It’s already here and it’s enhancing almost every aspect of their lives, from searching the web to automating their traffic processes. Given these facts, it’s not surprising that machine learning technologies are gaining ground in the logistics industry, as well.Centralized data analytics
One of the greatest benefits of AI for logistics companies is definitely the easier access to vast data that provide us with better insights and advocate us obtain smarter decisions.
Not only finish the above mentioned tools advocate logistics businesses streamline their operational processes, but they too provide deeper performance insights. The only problem you may puss here is analyzing these massive amounts of data across multiple platforms.
And, this is where supply chain analytics tools step in. They let you integrate data from multiple sources, helping you centralize your key performance data and focus on those metrics that really matter for your business.
With these tools, you will breathe able to track your traffic processes efficiently and understand the major patterns related to your operations, customers, and industry trends. They will advocate you detect the major production problems, determine what your most profitable products are, analyze suppliers, find out how to optimize your production planning and scheduling accuracy, and reckon how much it takes to cater to different customer groups. Supply chain analytics software can too advocate you understand when your traffic faces the greatest exact spikes and prepare for this season on time.These 7 tips will advocate your startup assess and manage risk The automation of the supply chain
Artificial intelligence lets logistics companies automate some repetitive, manual tasks and obtain elbowroom for more creative roles and jobs. Automation will augment your overall operational efficiency on multiple levels, from streamlined warehouse sorting technologies to smarter package labeling.
A faultless sample of the implementation of automation in the logistics sector is Port of Rotterdam, too known as the most advanced port in the world. Namely, they’re using automated stacking cranes to unload cargo. Many ports in the U.S. are now using the same technologies to augment operational productivity. By using automated technologies with minimal human intervention, logistics companies will soon breathe able to maximize their handling performance and minimize operational costs.
Another employ of AI in the logistics industry is autonomous trucks. Self-driving vehicles will reduce the truck driver shortage. They are too believed to breathe more accurate, boosting your delivery times and increasing user satisfaction. Finally, since 90% of crashes in the US are a result of a driver error, replacing long-haul truck drivers with autonomous vehicles will minimize road accidents. Given everything these factors, it’s not surprising that a fully automated trucking industry could advocate businesses rescue $300 billion.Over to you
Today’s logistics businesses puss fierce competition. And, to survive, they requisite to preserve up with the latest technologies that will advocate them achieve better results in less time. By investing in the abovementioned technology toolkit, you will streamline your businesses operations effortlessly, ameliorate the collaboration between your team members, and augment the overall transparency. Most you will boost user satisfaction and retention.
If you could receive customer payments faster, how would your traffic improve?
Many miniature businesses struggle with cash collections and finding enough cash to operate each month can breathe a challenge. Speeding up cash collections, even by a day or two, can Have a meaningful impact on your financials.
Use these tips to understand your cash inflows and outflows, and the steps you can bewitch to ameliorate your cash management, including the employ of technology to receive payments faster:Where Your Cash Goes
It's a common problem.
You start the year with a positive cash poise and generate a profit for the year. However, when you then check the bank poise at the halt of the year, the ending cash poise is lower than where the company started.
So where did the cash go?Accounts Receivable
Accounts receivable and inventory accounts can tie up a big amount of cash, and even a profitable company can struggle to collect these dollar amounts. When the cash does arrive in, you Have to fullfil accounts payable:
This poise represents the dollar amount of credit sales that are not collected in cash. In short, it is the money you are owed. Adding new customers may judgement accounts receivable to augment quickly, which can lead to a cash shortage.
Assume you generate $1 million in credit sales, and the medium customer pays in 30 days. Now you augment credit sales to $1.2 million in 2018, but the medium customer pays in 45 days.
In most cases, accounts receivable increase, because the new customers pay more slowly, on average. While your traffic generates $100,000 in credit sales per month in 2018, it took 15 more days, on average, for customers to pay.
The growing accounts receivable poise means that cash inflows are slower, and you may not breathe able to generate adequate cash to operate each month. Increasing credit sales too means higher costs, and you requisite cash to pay for the higher costs.Inventory
As sales increase, so will the dollar of inventory needed to fill customer orders. If your hard is growing, you may breathe spending more on inventory each month, which can too lead to a cash shortage.
To maintain a adequate plane of cash, you must preserve an eye on the accounts receivable and inventory balances, and bewitch steps to circumscribe the dollars tied up in these accounts.Accounts Payable
You too requisite cash to obtain payroll, pay vendors, and possibly for debt payments.
Your accounts payable poise represents bills you must pay within 12 months, and that poise is a current liability. If cash inflows are insufficient, you may requisite to access a line of credit or raise more capital through a stock or bond offeringCurrent versus Non-Current
Assets and liabilities are either current or non-current, and these classifications Have a vast impact on cash management.
A current asset represents cash or an asset that will breathe converted into cash within 12 months. Accounts receivable balances and inventory are current assets. On the other hand, fixed assets, such as machinery and equipment, are non-current assets that will breathe used for years.
The most pressing cash management requisite for a traffic owner is to collect current assets in cash so that current liabilities can breathe paid. Planning your long-term cash needs is important, but you requisite to address any short-term cash problems now, in order to preserve your doors open.
Now that we've discussed the parts of cash management lets talk about ways to ameliorate it. Here are some strategies to ameliorate cash current management.How to gain Paid
The vast "users" of cash in your traffic are accounts receivable and inventory, and you can employ these strategies to collect cash faster:1. Create a collection policy.
Enforce a formal collection policy to manage your accounts receivable balance.
Your accounting software should provide an aging schedule for accounts receivable, which groups your receivables based on when each invoice was issued. You should monitor this report and implement a collections process to email and possibly muster clients to interrogate for payment.2. tender discounts.
Offer customers a discount, if they pay an invoice within 10 days. Sure, you'll collect slightly less cash, but some customers will pay faster, which improves your cash inflows.
You could tender customers a 5 percent discount if they pay within 10 days of receiving the invoice. You may lose 5 percent of the revenue generated, but collecting cash sooner may eradicate the requisite to borrow money-- and pay interest costs.3. Develop smart inventory management.
Managing inventory is a balancing act.
If your traffic is manufacturing, you may preserve a supply of finished items on hand as inventory. Carrying an inventory poise allows you to quickly fill orders so that clients don't Have to wait.
But you want to minimize the dollars tied up in inventory while making confident not to lose a potential sale.
Smart inventory management requires time and effort. You will requisite to analyze the dollar amount of inventory carried in past years, the sales generated, and the number of sales lost due to a stockout (when an inventory particular is out of stock). This analysis can advocate evaluate the dollar amount of inventory needed.
Another tip for inventory management; develop a stout relationship with your largest customers. Understanding the future needs of your biggest clients allows you to preplan your own inventory needs.4. Invest in better systems.
Every traffic should employ technology to collect cash faster, including software tools that speed up the time it takes to transfer payments into the company bank account. If you can speed up cash inflows by just a few days, you can dramatically ameliorate your cash position. (Self-employed? employ this implement to evaluate your taxes.)
Improving your cash management system requires time and effort, but your toil will pay off. employ these tips to forecast your cash needs, speed up cash collections, and avoid borrowing money to operate your business.
To learn more, check out this ultimate sheperd to accounting.
This article originally appeared on the Quickbooks Resource Center and was syndicated by MediaFeed.org.
Artificial intelligence is taking up the pace when it comes to global logistics and supply chain management. As per a number of executives from the transportation industry, these fields are expected to fade through a more significant transformation. The on-going evolution in the areas of technologies fancy synthetic intelligence, machine learning, and similar new technologies is said to possess the potential to bring in disruption and lead innovation within these industries.
Artificial intelligence comes with computing techniques which helps to select big quantities of data that is collected from logistics and supply chain. You can attach such methods to use, and they can breathe analyzed to gain results which can initiate processes and involved functions.
Many organizations Have now been benefitted with investments in synthetic intelligence. As per Adobe, currently, 15% Have already started to employ AI while other 31% plans to Have them implemented in 2019. Some of the areas from which revenue can breathe generated are research and development, product innovation, supply chain operations, and customer service.Impact of synthetic intelligence in Logistics Predictive capabilities will rise.
The efficiencies of the company in the areas of network planning and predictive exact are getting improved with AI capabilities. Companies gain to become more proactive by having a implement which can advocate with capacity planning and accurate exact forecasting. When they know what the market expects, they can quickly coast the vehicles to the areas with more exact and thereby bring down the operational costs.
To avoid risks, anticipate events and arrive up with solutions, now techs are using data. The data helps companies to employ their resources in the birthright passage for maximum benefits, and synthetic intelligence helps them with it more accurate and faster manner.Robotics.
You cannot talk about synthetic intelligence without mentioning robotics. Even though robotics is considered as a futuristic technology concept, the supply chain already makes employ of it. They are used to track, locate and coast inventory within the warehouses. Such robots arrive with abysmal learning algorithms which helps the robots obtain autonomous decisions regarding the different processes that are performed in the warehouse.Big data.
Apart from robots, synthetic intelligence is too about vast data. For the logistics companies, vast Data helps to optimize future performance and forecast accurate outlooks better than ever. When the insights of vast Data are used along with synthetic intelligence, it helps to ameliorate different areas of supply chain fancy supply chain transparency and route optimization.
For AI in the logistics industry, coming up with spotless data is a huge step, and they cannot implement without having such usable figures. It is not smooth to measure efficiency as data comes from different sources. At the source plane it is not practicable to ameliorate such data, and so algorithms are used to analyze data, enhance the character of data, identify issues to attain transparency which can breathe used for traffic benefits.Computer vision.
When you are poignant cargo across the world, it is always worthy to Have a pair of eyes to monitor, and it can breathe best when it comes with state-of-the-art technology. Now you can perceive things in a new passage by using computer vision which is based on synthetic intelligence for the logistics.Autonomous vehicles.
Autonomous vehicles are the next vast thing that synthetic intelligence offers the supply chain. Having driverless trucks can bewitch a while, but the logistics industry is now making employ of high-tech driving to augment efficiency and safety. The significant change is expected in this industry in terms of assisted braking, lane-assist, and highway autopilot.
In order to achieve lower fuel consumption, better-driving systems are coming up which works on to bring together multiple trucks to Have formations. Computers control such formations and they are connected with one another too. Such benevolent of configuration is said to advocate the trucks rescue fuel distinctively.Impact of synthetic intelligence (AI) in Supply Chain. AI offers contextual intelligence.
AI provides the supply chain with contextual intelligence which can breathe used by them to reduce the operating costs and manage inventory. The contextual information helps them to gain back to the clients quickly.
Companies obtain employ of AI along with machine learning to gain new insights into different areas which involve warehouse management, logistics and supply chain management. Some of the technologies used in these areas are AI-powered Visual Inspection to identify damage and carry out needed correction by taking photos of the cargo by using special cameras and intelligent Robotic Sorting to sort palletized shipments, parcels and letters.AI offers insights to boost productivity.
By making employ of AI in supply chain management, it is practicable to analyze its performance and arrive up with new factors which impacts the same area. In order to find the factors and issues which affects the performance of the supply chain, AI combines the capabilities of different technologies fancy reinforcement learning, unsupervised learning and supervised learning.AI helps with exact forecasting by analyzing big volumes of data.
AI makes it practicable to measure and track everything the factors which can toil towards offering accuracy in exact forecasting. Based on the weather, real-time sales and other factors, it provides continuous forecasts in a loop. Such benevolent of information can advocate with automated sorting, improving warehouse management, self-management of inventory systems and forklifts that are self-driving.AI can advocate with improving the selection of the supplier and its effectiveness.
AI can analyze the data related to the supplier fancy audits, in-full delivery performance, credit scoring, evaluations and based on that deliver information which can breathe used to obtain future decisions. This benevolent of step helps the company obtain better decisions as a supplier and toil towards improving customer service.AI helps to ameliorate the customer experience.
As per Pega, 38 percent of consumers believe that AI can enhance customer service. AI personalizes the relationship of customers with logistics providers. Customers can now obtain employ of voice-based service to track their shipment. In case any issues arrive up when the customer will breathe redirected to the customer assistance team.AI improves factory scheduling and production planning.
With the introduction of AI now companies can toil on enhancing factory scheduling and production planning. They can toil on to analyze the different issues and then optimize them. With AI having the power to poise constraints this can toil well for build-to-order situations automatically.Impact of synthetic intelligence in Transportation.
Issues in transportation arise when system behavior is hard to figure based on the predictable pattern which is affected by human errors, traffic or accidents. In such situations, AI can arrive to your rescue. AI predicts decisions based on data analysis. AI is now implemented in a number of ways across the transportation industry, and some Have been explained below:Corporate conclusion making.
By making employ of AI methods, the fright transport system can obtain employ of prediction methods to know about their volume in order to simplify planning for the transport company. Moreover, it is practicable to design a number of decision-making tools which can breathe hasten by AI. Such benevolent of investments in AI will advocate the companies in the future in a better way.Improvement in public safety.
By real-time tracking of crime data in the urban areas, it has become practicable to ensure the safety of the people who are making employ of public transport. Such benevolent of data can breathe used by the police to obtain their patrolling efforts efficient and toil towards ensuring the safety of the people.Autonomous vehicles.
Over the last many years self-driven cars and trucks Have been a thing of interest for people. To boost productivity and subside the instances of accidents over highways, Elon Musk and Uber Have developed self-driving trucks.Safety of pedestrians.
It is practicable to subside injuries and traffic accidents by predicting the path of cyclists and pedestrians. Gaging traffic information allows for reducing overall emissions and various transportation usage.Traffic patterns.
The traffic current is said to impress transport significantly. When the data related to traffic is used for traffic management by making employ of AI, then such information can breathe used to dramatically reduce the congestion in traffic as well as streamline it. Today a number of AI-based solutions are used to build smarter traffic solutions, and they are said to play their roles effectively.Summary
With recent breakthroughs in technologies fancy vast data and machine learning algorithms, in the future, AI is said to arrive up with unusual solutions in the supply chain, logistics and transportation industries.Kritika Pndey Senior Marketing Executive
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