Friday, August 28, 2015

Oracle Order Management Functional Interview Questions and Answers - Part1

Oracle Order Management Functional Interview Questions and Answers

Oracle Order Management is one of the most important module of Oracle E-Business Suite. Using Oracle Order Management we can create and maintain different types of orders. Oracle Order Management drives the order fulfillment process of any business.
 The orders that are created in Order Management can be for inventory items as well as for services. Using Oracle Order Management, these orders can be reviewed and maintained in
Order Management Workbench (Order Organizer)
Key features:
·         Order Process
·         Sales Orders
·         Pricing and Discount
·         Delivery-Based Shipping
·         Drop Shipments
·         Order Holds
·         Credit Checking
·         Returns
·         Open Interfaces

Some important FAQ’s are discussed below:
1.       What are the various order management processes supported by oracle OM?
2.       Describe the order flow in Order to Cash life cycle
3.       Describe the processes involved after entering sales order?
4.       What are the different types of sales orders available?
5.       When is an item eligible for customer order?
6.       Describe the Header status during the sales order process?
7.       Describe the line status during the sales order process?
8.       Differentiate available quantity and on-hand quantity?
9.       Differentiate Supply Eligible Status and Supply Partial Status?
10.   Describe scheduling in sales order?
11.   What are the various ways of scheduling the sales order?
12.   Differentiate ship set and arrival set?
13.   What are the Process Constraints?
14.   At what stage an order cannot be cancelled?
15.   What are picking rules?
16.   What are Defaulting Rules?
17.   What are validation templates?
18.   What is pick slip?
19.   What is packing slip?
20.   What is shipping exceptions report?
21.   Explain Bill of Lading?
22.   What is Interface trip stop?
23.   When is drop ship order created?
24.   What is ASN?
25.   What is Autoinvoice?
26.   Explain the difference between a credit memo and an invoice?
27.   What is FOB?
28.   What are the different RMA Order Types?
29.   What are the necessary setups to perform Internal Sales Order?
30.   What are Modifiers and Qualifiers?
31.   What are the possible reasons for Interface trip stop to complete with Error?

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