Master Oracle 1Z0-1163-1 Exam with Reliable Practice Questions

Correct : C

In Oracle Fusion Cloud Procurement, IDR and OCR technologies are used to capture and extract data from invoices, automating the data entry process. OCR converts scanned invoice images into machine-readable text, while IDR intelligently interprets and extracts relevant fields (e.g., invoice number, amount). This reduces manual effort and errors. Option A (automated routing) is a downstream process, not the primary function of IDR/OCR. Option B (validation) is a secondary benefit, not the core purpose. Option D (supplier registration) is unrelated to invoice processing. This automation streamlines procurement workflows.

Correct : C

Replenishment Planning in Oracle Fusion Cloud SCM optimizes inventory levels by predicting demand and adjusting supply plans to prevent overstocking or stockouts. It uses demand forecasting and supply data to ensure inventory aligns with business needs. Option A (reducing payment cycles) is unrelated to replenishment planning. Option B (static inventory) is incorrect as the process dynamically adjusts to demand fluctuations, not maintains static levels. This advantage enhances operational efficiency and cost savings.

Correct : C

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.

Correct : B

Supplier Qualification Management in Oracle Fusion Cloud SCM evaluates and approves suppliers based on predefined compliance and performance criteria, ensuring reliable partnerships. Option A is incorrect as it focuses on payments, not qualification. Option C is wrong---performance reviews are integral to the process. This benefit mitigates risks and ensures quality suppliers.

Correct : B

Global Order Promising (GOP) in Oracle Fusion Cloud SCM provides real-time order promising by evaluating supply and demand constraints across the enterprise, ensuring accurate delivery commitments. Option A is incorrect as GOP considers global, not just local, availability. Option C is false---it doesn't guarantee a 24-hour fulfillment but provides feasible timelines. This enhances customer satisfaction and planning accuracy.