The key functionalities of Oracle Inventory Management are as follows:
Receiving goods and services with Oracle Inventory Management
Creating and updating different items as raw materials, semi-finished, and finished goods
Managing item categories and category sets
Creating and managing Units of Measures (UOMs) and defining the possible conversions
Managing sub-inventories and stock locators for proper placement of items in the warehouse and proper control for optimal inventory performance
Issuance of goods using move order, managing issuance for consumption, and different business requirement using miscellaneous transactions
Managing the warehouse for optimal performance using min., max., and other planning methods
Controlling the inventory using various controls such as locator, lot serial, and so on
Transferring goods from one inventory organization to another
Transferring goods from one sub-inventory to another
Managing and updating item costs...