1Z0-1163-1 Valid Test Simulator & New 1Z0-1163-1 Exam Review
1Z0-1163-1 Valid Test Simulator & New 1Z0-1163-1 Exam Review
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Oracle Fusion Cloud Applications SCM Foundations Associate - Rel 1 Sample Questions (Q47-Q52):
NEW QUESTION # 47
Which activity is fundamental to the Insight to Sourcing OMBP, ensuring effective procurement and cost optimization?
- A. Idea Generation, which identifies market opportunities, incorporating trend analysis and internal innovation.
- B. Spend Analysis, which involves categorizing and analyzing historical spending data to identify cost-saving opportunities and strategic sourcing decisions.
- C. Performance Monitoring, which assesses supplier ability to meet quality and service standards by utilizing audits, inspections, or performance reviews.
Answer: B
Explanation:
Spend Analysis (B) is the cornerstone of the Insight to Sourcing OMBP in Oracle Fusion Cloud SCM, as it involves categorizing and analyzing historical spending data to uncover cost-saving opportunities and inform strategic sourcing decisions. By examining past expenditures-e.g., identifying that 70% of spending on raw materials comes from a single supplier-businesses can negotiate better terms, consolidate suppliers, or shift to lower-cost alternatives, optimizing procurement costs. Option A (Idea Generation) is a preliminary step focused on innovation and market trends, not the core analytical activity driving sourcing. Option C (Performance Monitoring) evaluates supplier performance post-sourcing, not the initial insight process. For instance, Spend Analysis might reveal excessive spending on expedited shipping, prompting a shift to local suppliers, directly impacting cost efficiency and procurement strategy. This data-driven approach ensures decisions are grounded in financial reality, making it fundamental to the OMBP.
NEW QUESTION # 48
Which process in Oracle Fusion Cloud SCM ensures that inventory levels are maintained efficiently?
- A. Replenishment Planning.
- B. Cost Accounting.
- C. Supplier Qualification.
- D. Manufacturing Execution.
Answer: A
Explanation:
Replenishment Planning (D) in Oracle Fusion Cloud SCM ensures inventory levels are maintained efficiently by predicting demand and adjusting supply plans to replenish stock proactively. It uses forecasts and safety stock rules-e.g., ordering 300 units when stock falls to 50 and demand is expected to rise-to prevent shortages or excess inventory. Option A (Supplier Qualification) focuses on supplier evaluation, not inventory maintenance. Option B (Cost Accounting) tracks financials, not stock levels. Option C (Manufacturing Execution) manages production, not replenishment. Replenishment Planning optimizes inventory turnover, reduces carrying costs, and ensures product availability, making it a proactive inventory management tool.
NEW QUESTION # 49
What is the role of the Global Order Promising feature in Oracle Fusion Cloud SCM?
- A. It focuses only on local inventory availability.
- B. It provides real-time order commitment dates based on supply and demand constraints.
- C. It eliminates the need for supplier collaboration.
- D. It guarantees same-day delivery for all orders.
Answer: B
Explanation:
Global Order Promising (C) provides real-time order commitment dates by analyzing supply (e.g., inventory, production) and demand (e.g., orders, forecasts) constraints enterprise-wide. For instance, if 100 units are requested and 70 are available with a 3-day lead time, it commits to 3 days. Option A is false-no universal same-day guarantee exists. Option B is incorrect-supplier data often informs promises. Option D is wrong-it considers global, not just local, availability. This feature ensures reliable promises, reduces cancellations, and aligns customer expectations with operational capacity.
NEW QUESTION # 50
What is a key benefit of Supplier Qualification Management in Oracle Fusion Cloud SCM?
- A. It assesses and approves suppliers based on compliance and performance criteria.
- B. It only tracks supplier payments.
- C. It eliminates supplier performance reviews.
Answer: A
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 # 51
Which feature in Oracle Fusion Cloud Procurement automates the creation of purchase orders from contracts?
- A. Supplier Portal.
- B. Contract Fulfillment Automation.
- C. Receipt Accounting.
- D. Intelligent Document Recognition (IDR).
Answer: B
Explanation:
Contract Fulfillment Automation (C) in Oracle Fusion Cloud Procurement automates the creation of purchase orders (POs) directly from contract terms, streamlining the procurement process. This feature uses predefined contract details-such as items, quantities, pricing, and delivery schedules-to generate POs without manual intervention. For example, if a contract stipulates 1,000 units of a product at $10 each over six months, Contract Fulfillment Automation triggers POs as needed (e.g., 200 units monthly), ensuring accuracy and compliance with the agreement. Option A (Receipt Accounting) records goods received, not PO creation. Option B (Supplier Portal) enables supplier interaction but doesn't automate PO generation from contracts. Option D (IDR) extracts data from documents like invoices, not contracts for PO creation. This automation reduces errors (e.g., mismatched quantities), saves time, and ensures procurement aligns with negotiated terms, enhancing efficiency and supplier relationships.
NEW QUESTION # 52
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