Oracle process manufacturing training
- 1. Oracle Process Manufacturing Training By TutorOnTech In Association with Mavensdesk 2020 Nov
- 2. Agenda Introduction OPM – Costing Overview OPM - Process Execution Overview Contact 2
- 3. Introduction OPM The Oracle Process Manufacturing Process Execution application Tracks firm planned orders and production batches from incoming materials through to finished goods. Seamlessly integrated to the Product Development application, Process Execution converts planned orders to single or multiple production batches, allocates ingredients, records actual ingredient usage, and completes and closes production batches. Production inquiries and preformatted reports help optimize inventory costs while maintaining a high level of customer satisfaction with on-time delivery of high quality products. 3
- 4. OPM - Costing Costing Course Details Understanding OPM Cost Management • Using OPM Cost Management • Identifying the Cost Management Process Flow • Defining Cost Attributes • Defining Standard Costing • Defining Actual Costing • Defining Lot Costing • Performing Period-End Cost Processing Setting Up Costing – Part 1 • Identifying the Cost Management Process Flow • Reviewing Costing Setup • Defining Cost Types • Defining a Standard Cost Type • Defining an Actual Cost Type 4
- 5. OPM – Costing contd… Setting Up Costing – Part 2 • Defining Cost Organization Associations • Defining Cost Factors • Defining Fiscal Policies • Defining Resources and Resource Costs • Describing Overheads • Defining Overhead Details • Defining Percentage Overhead Codes, Sources, and Targets • Defining Overhead Priorities and Variability's Using Standard Costs – Part 1 • Describing the Cost Management Process Flow • Describing Standard Cost • Describing the Standard Cost Flow • Defining Ingredient Costs • Defining Routings and Formulas • Defining Resources and Resource Cost • Defining Rollup Source Organizations 5
- 6. OPM – Costing contd… Using Standard Costs – Part 2 • Running Cost Rollup • Deriving Product Cost • Viewing Product Costs • Viewing Formula Costs • Viewing Routing Costs • Viewing Overhead Costs • Describing Implementation Considerations Using Actual Costs – Part 1 • Describing the Cost Management Process Flow • Describing Actual Cost and the Actual Cost Flow • Describing Transactions in Actual Cost • Ensuring Accurate Actual Cost • Setting Up Material Cost Component Classes and Expense Allocations • Using Allocation Definition Types • Describing Raw Material Cost • Describing Cost Calculation Types 6
- 7. OPM – Costing contd… Using Actual Costs – Part 2 • Describing Raw Material Cost Calculation Types • Describing Product Cost Calculation Types • Describing Overhead Costs • Describing Inventory Transfers • Running Actual Cost Process • Viewing Actual Costs • Adjusting Actual Costs • Describing Implementation Considerations Using Lot Costs • Describing the Cost Management Process Flow • Describing Lot Cost • Describing the Lot Cost Flow • Describing Transactions in Lot Cost • Setting Up a Lot Cost Type • Setting Up Lot Cost Items • Describing Lot Cost Calculations and Running the Lot Cost Process • Viewing Lot Cost History and Adjusting Lot Costs Performing Period-End Cost Processing • Describing the Cost Management Process Flow • Describing the Standard Cost Period-End Processing Flow • Describing the Actual Cost Period-End Processing Flow 7
- 8. OPM – Costing contd… Copying Costs • Describing the Cost Management Process Flow • Describing Copy Costs • Copying Item Costs • Copying Fixed Overheads • Modifying Existing Costs • Removing Existing Costs Before and During Copying • Copying Resource Costs • Copying Overhead Percentages and Source Organizations Running Cost Management Reports • Running and Interpreting the Item Cost Detail Report • Running and Interpreting the Actual Cost Adjustment Report • Running and Interpreting the GL Expense Allocation Definition Report • Running and Interpreting the GL Expense Allocation Detail Report • Running and Interpreting the Cost Organization Association Report • Running and Interpreting the GL Item Cost Detail Report • Running and Interpreting the OPM Lot Cost Detail, and Lot Cost History Reports • Running and Interpreting the Inventory Valuation Report 8
- 9. OPM – Costing Introducing Cost Management APIs • Identifying Cost Management APIs • Calling the API • Performing Public API Validations • Using the Item Cost API • Using the Resource Cost API • Using the Allocation Definition API • Using the Overhead Details API Understanding Sub-ledger Accounting and Processes • Describing Sub-ledger Accounting • Describing Application Accounting Definition Hierarchy • Using Multiple Sub-ledger Accounting Valuation for a Transaction • Describing Events • Describing Account Definitions • Running the OPM Accounting Pre-processor • Running Create Accounting • Transferring and Viewing GL Journal Entries 9
- 10. OPM – Process Execution Using Oracle Process Manufacturing Process Execution • List the advantages of using Oracle Process Manufacturing (OPM) Process Execution • Identify tasks and responsibilities • Understand the process flow Setting Up OPM Process Execution • Understand the inventory organization structure • Set up other applications for Process Execution • Set up parameters and profile options in Process Execution • Set up responsibilities and security profiles Using the Process Execution Workbench • Navigate OPM Process Execution using the standard menu and the hierarchical navigator workbench • Use the workbench • Use custom views 10
- 11. OPM – Process Execution contd… Creating Firm Planned Orders and Batches • Describe firm planned orders (FPOs) and batches • Differentiate between FPOs and batches • Convert an FPO to a batch • Explain how to create FPOs and batches Considering the Stages of Batch Processing • Release and unrelease a batch • Cancel, reschedule, and reroute a batch and firm planned order • Complete a batch and revert a batch to WIP • Close and reopen a batch • Terminate a batch • Explain how Process Execution and MES are integrated 11
- 12. OPM – Process Execution contd… Understanding Material Reservations and Transactions • Create high and detailed level reservations • Understand the process of material movement on the shop floor • Understand material transactions and exceptions • Understand move orders and pending product lots • View inventory shortages Scaling a Batch and Firm Planned Order • Scale a batch or FPO • Explain the Contribute to Yield indicator • Differentiate among scale types Creating Phantom Batches • Explain phantoms • Differentiate between automatically and manually exploding a phantom item • Create a phantom batch 12
- 13. OPM – Process Execution contd… Using Batch Steps • Explain the advantages of batch step control • View batch step activities, resources, and resource transactions • Explain item step associations and batch step dependencies • Explain charges, activity factors, and process parameters Using the Ingredient Picking Workbench • Explain the ingredient picking process • Explain how ingredient picking is integrated with Oracle Warehouse Management • Pick release a batch Using the Production Scheduler Workbench • Describe the Production Scheduler Workbench • Describe the Navigator and Gantt chart • View object properties • Reschedule batches, FPOs, and steps 13
- 14. OPM – Process Execution contd… Backflush a Batch • Explain incremental backflushing • Explain consumption and yield type • Explain how actual quantities are calculated through backflushing • Perform incremental backflushing Understanding Process Loss and Scrap • Explain process loss and scrap • Explain the setup process for process loss and scrap percentages • Understand the process loss and scrap factor calculations Using Process Execution Reports and Inquiries • Identify Process Execution reports and inquiries • Run and view reports • Initiate inquiries • Run concurrent programs Using E-Records and E-Signatures • List the Process Execution e-record and e-signature events • Explain creation and approval of events 14
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