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Free PDF 1Z0-1163-1 Interactive Course–The Best Free Dumps for your Oracle 1Z0-1163-1

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Oracle Fusion Cloud Applications SCM Foundations Associate - Rel 1 Sample Questions (Q17-Q22):

NEW QUESTION # 17
What is the primary purpose of the Predict Demand process in Oracle Fusion Cloud SCM?

A. It eliminates the need for supplier collaboration.
B. It uses machine learning and statistical forecasting to predict demand.
C. It focuses only on local inventory availability.
D. It guarantees same-day delivery for all orders.

Answer: B

Explanation:
The Predict Demand process (B) in Oracle Fusion Cloud SCM aims to forecast customer demand using advanced tools like machine learning and statistical forecasting. Machine learning analyzes historical sales, market trends, and external factors (e.g., weather or economic indicators) to predict future demand with high accuracy, while statistical forecasting provides a baseline using mathematical models like moving averages. For example, it might predict a 20% increase in demand for air conditioners in summer based on past patterns. Option A is incorrect-demand prediction isn't limited to local inventory but informs broader supply planning. Option C is false; supplier collaboration remains essential to fulfill predicted demand. Option D is unrealistic-Predict Demand focuses on forecasting, not delivery guarantees. This process ensures businesses can proactively adjust inventory and production, reducing costs and improving service levels.

NEW QUESTION # 18
Which feature in Oracle Fusion Cloud Procurement automates the creation of purchase orders from contracts?

A. Intelligent Document Recognition (IDR).
B. Receipt Accounting.
C. Supplier Portal.
D. Contract Fulfillment Automation.

Answer: D

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 # 19
What role does the Inventory Management function play in Oracle Fusion Cloud SCM?

A. It ensures optimal inventory levels by tracking stock movement and availability.
B. It manages only supplier shipments, not warehouse stock.
C. It focuses on reducing supplier costs instead of stock levels.

Answer: A

Explanation:
Inventory Management in Oracle Fusion Cloud SCM ensures optimal inventory levels by tracking stock movement, availability, and replenishment needs across warehouses and supply chains. It monitors quantities on hand, in transit, and on order, using real-time data to prevent overstocking or stockouts. For instance, if a product's stock drops below a reorder point, the system triggers a replenishment alert. Option A is incorrect-reducing supplier costs is a procurement goal, not Inventory Management's focus, which is stock optimization. Option B is wrong as it manages warehouse stock, not just supplier shipments. This function balances inventory costs with service levels, supporting efficient operations and customer satisfaction by ensuring products are available when needed without tying up excess capital.

NEW QUESTION # 20
What is the main purpose of the Supply Chain Collaboration feature in Oracle Fusion Cloud SCM?

A. It automates internal financial reporting without supplier interaction.
B. It eliminates the need for supplier contracts.
C. It enables real-time communication between suppliers and buyers for improved supply chain visibility.

Answer: C

Explanation:
The Supply Chain Collaboration feature in Oracle Fusion Cloud SCM facilitates real-time communication between suppliers and buyers through tools like the Supplier Portal, improving visibility into supply chain activities such as order status and inventory levels. Option A is incorrect as it involves supplier interaction, not just internal reporting. Option B is false-contracts remain essential. This collaboration enhances coordination and responsiveness across the supply chain.

NEW QUESTION # 21
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 # 22
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