Drop Ship SO Cycle in Oracle Order Management (Part 2/5)

In this part, we will walk through needed steps to implement Drop Ship SO Cycle in Oracle Order Managements:

1)Create Item

-Navigate INV > Items > Master Item
-Enter Item Name and Description
-Apply 'Purchased Item' template then confirm the attribute Customer Ordered and Customer Orders Enabled are checked.
-Assign Default Buyer and List Price in Purchasing Tab

2)Create Price List for Item or Add to Existing Price List

-Navigate Order Management > Price List > Price List Setup
-Query Price List then add new line for Dropship Items

3)Create PO Buyer

-Navigate HR > People >
-Define Employee
-Navigate PO > Setup > Personal > Buyer

4)Set Profile Options

-Navigate System Administrator > Profile > System
-Query up profile: "OM: Population of Buyer Code for Dropship Lines
  + Set the profile value to Null: system will retrieve the buyer information from the Master Item
  + Set the profile value to Order Creator: system retrieve the buyer information from the employee id creating the Drop ship SO (in Order Management) responsibility

OracleValues Teams

Merry Christmas and Happy New Year !

Merry Christmas and Happy New Year to all, 

Christmas is a lovely time of year, I am to spend time with friends and family. And I hope you have a nice day on Christmas Day. I hope that Santa is good to you as well and He brings you lots of presents on Christmas Day.

I hope the New Year brings you loads of Happiness and Good Health. And of course, eating lots of nice foods and candies.

OracleValues Team

Internal Order Process Notes

In Internal Order Process, there are some note you need to know:

1-After run "Order Import Request", Sales Order had been created:

• The Sales Order Type being chosen from Purchasing Options (Navigation: PO > Setup > Organizations > Purchasing Option).
• The Sales Order line Schedule Ship Date is coming from the Internal Requisition Need-By Date.
• The Unit selling price gets passed from the Internal Requisition or item cost from the source organization.
• Sales Order lines are always created with Calculate Price Flag as 'N'. You can forcefully changes the Calculate Price Flag to 'P'.
  

2-After do the Ship Confirm for the Sales Order. You change to Purchasing Super User for receive the quantity that is delivered on the Internal Requisition but can not find Receiving Transaction. This error may occurs when default SubInventory is not defined in the destination Org. To fix this error do the following steps:

• Query the Item in the Item Master, Move to the Receiving Tab and enter a Default Receiving Subinventory in the lower-right corner.
• Then, navigate to INV > Transactions > Transaction Open Interface, find the Item Error
• Select the record in error, choose 'Submit' checkbox and save.
• Finally, run the 'Inventory interface transaction manager' for process the record using the new default SubInventory.

OracleValues Team

Drop Ship SO Cycle in Oracle Order Management (Part 1/5)

1)What is “Drop Ship” ?

Drop Ship is a method of product delivery which the vendor accepts payment for an order, but the buyer receives the product(s) directly from the manufacturer. In a drop shipping arrangement, the vendor will be a middleman between the manufacturer and the buyer. The profit in this transaction is come from difference between the wholesale and retail price of the items sold.

2)Drop Ship in Oracle Order Management

Order Management  allows you to create Drop Ship SO which means you can receive orders for products that do not have in your inventory and you have a vendor provide the products directly to your customer.

3)Flow of  Drop Ship Sales Order

  (1). Create SO

  (2). Book SO

  (3). Progress SO

  (4). Release Purchase Order (Purchase Release concurrent)

  (5). Import Requisition / Auto create Purchase Order (Purchasing response)

  (6). Receive the material against purchase order

  (7). Invoice creation in AP

  (8). Invoice creation in AR

  (9). Complete line and Close Order

4)Benefit of Drop Shipment Order

Drop shipping is very useful for smaller retail shops, internet-only storefronts and those who primarily use catalogs for sales. A representative product may be displayed on the store's shelves or pictured in its catalog, but the actual product purchased may be sitting in a factory 1000 miles away. The following are some benefit of this method:

 + Do not need inventory

 + Reduce flow times

 + Elimination of losses on non-sellable products.

 + Reduced shipping to customer

 + No need packing and shipping costs.

 + Vary your product to customers.

OracleValues Team