Item Definition and Maintenance in Inventory

Item Definition and Maintenance

Items in the business are the goods in which the business deals or which are used for producing the finished goods that the business produces.

Item is a part or service is what the business

       ·         Buys

       ·         Sells

       ·         Plans

       ·         Manufactures

       ·         Stocks

Item definition

When defining an item from oracle the user needs to perform the below steps

       1.       Copy the item or template

       2.       Copy the item attributes

       3.       Assign items to child organizations

       4.       Specify org level item attributes

       5.       Define item costs

Item Master Organization is the logical entity that is used to define the items. Any item defined in the system needs to be defined in the master organization and then assigned to the child organizations

Item Attributes are the characteristics that define the different properties of the item and the operations that can be performed on it. Some of the item attributes are:

        ·         Purchasable

        ·         Orderable

        ·         Transactable

        ·         BOM Allowed etc

These item attributes specify what operations can be performed on the item for e.g.: Web Orderable : this attribute specifies if the item can be ordered by the customer over the web

Item Template: All the items in the business have many attributes which might be the same across different items, thus when defining these items the business user will have to check/set all these attributes to ensure that the attributes are set correctly , this means a lot of manual effort given the number of items to be defined is very large. Thus oracle has given a functionality called item templates. An item template is allows the users to specify a set of attributes which are to be set for the items to be defined in the system, thus when defining an item the user can select an item template and Oracle system will assign all the attributes to the item which are defined in the item template.

Item Status: When an item is defined or for defined items there is an item status. The  item status defines the current status of an item if the item is currently active or inactive.

Item Categories and Category sets

A category is a logical classification of items that have similar characteristics

 A Category set is a distinct grouping scheme and consists of categories

 Users can define an unlimited number of categories and group subsets of your categories into category sets

 A category can belong to multiple category sets

Item Org Assignment: When an item is defined the item is always defined in the item master organization. Once the item is defined in the item master org , it needs to be assigned to the child organization.  Once the item is defined to be transacted in the system it needs to be assigned to the child organizations from where all the business transactions take place