Oracle Inventory - Receipt to Issue Life Cycle

Oracle Inventory uses the Receipt to Issue process to manage the inventory. When inventory arrives in the warehouse, the inventory is received.  After the inventory is received, it can be transferred within the organization or to another organization. Finally, the material can be issued out of Oracle Inventory.

So, the Receipt to Issue process has three steps

ü  Receive

ü  Transfer and

ü  Issue

Receiving Inventory

There are different ways material can be received into the organization.

Purchasing

Oracle Purchasing can be used to receive material from outside of the organization.

Can be received through:

Purchase order receipts

Internal requisitions

In-transit receipts

Return material authorizations

Unexpected receipts

Work in Process

Oracle Work in Process can be used to receive material from the manufacturing floor.

Can be received through:

Component returns

Negative component issues

Assembly returns

Inventory

Oracle Inventory can be used to receive material in to your warehouse. 

Can be received through:

Miscellaneous account receipts

Receipt from projects

User-defined receipts

Inter-organization transfers

Types of Inventory Receipts

ü  Receipt and Deliver (Direct)

ü  Receipt then Deliver (Standard)

ü  Inspection

o   Receipt

o   Inspect

o   Deliver

Transferring Inventory

Different applications can generate requests to transfer inventory.

Shipping

Oracle Shipping Execution can be used to generate a transfer to move material from a storage area to a staging to for shipping.

Order Management

Oracle Order Management can be used to generate a transfer to move material from a storage area to a staging area for shipping.

Work in Process

Oracle Work in Process can be used to generate a transfer to acquire components for a project.

Inventory

Oracle Inventory can be used to:

ü  Transfer material between organizations

ü  Transfer material within an organization

ü  Replenish materials

ü  Request transfers

Issuing Inventory

The following applications can be used to issue material:

Order Management

Oracle Order Management can generate an inventory issue through:

Sales orders

Internal orders

Purchasing

Oracle Purchasing can generate an inventory issue for:

Return to vendor materials

Work in Process

Oracle Work in Process can generate an inventory issue through:

Component issues

Assembly returns

Inventory

Oracle Inventory can issue stock through:

User-defined material issues

Inter-organization transfers

Cycle count negative issue

Issue requests