Advanced Inventory Planning (AIP): Business Introduction
Starting dates and places
Description
This course presents the fundamentals of Supply Chain Planning as they relate to the Oracle Retail Advanced Inventory Planning (AIP) system. The course covers the goals and benefits of Supply Chain Planning, physical hierarchies and logical relationships used in AIP, the basics of replenishment planning, exception management, and navigation of AIP applications.
Learn To:- Define Supply Chain Management
- Explain the benefits and goals of Supply Chain Planning
- Describe the physical hierarchies and logical relationships used in AIP
- Articulate the basic Replenishment Planning Process
- Describe the purpose of the different types of Receipt Plan Alerts
A Live Virtual Class (LVC) is exclusiv…
Frequently asked questions
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This course presents the fundamentals of Supply Chain Planning as they relate to the Oracle Retail Advanced Inventory Planning (AIP) system. The course covers the goals and benefits of Supply Chain Planning, physical hierarchies and logical relationships used in AIP, the basics of replenishment planning, exception management, and navigation of AIP applications.
Learn To:- Define Supply Chain Management
- Explain the benefits and goals of Supply Chain Planning
- Describe the physical hierarchies and logical relationships used in AIP
- Articulate the basic Replenishment Planning Process
- Describe the purpose of the different types of Receipt Plan Alerts
A Live Virtual Class (LVC) is exclusively for registered students; unregistered individuals may not view an LVC at any time. Registered students must view the class from the country listed in the registration form. Unauthorized recording, copying, or transmission of LVC content may not be made.
Audience
- Administrator
- Business Analysts
- Functional Implementer
- Presales
- Sales Consultants
- End Users
Course Topics Supply Chain Overview
- Definition of Supply Chain Management
- Complexities of the physical supply chain
- Challenges and benefits of Supply Chain Management
- How AIP fits within the Oracle Retail footprint
- A high-level overview of AIP business processes
- The platforms on which AIP runs
- The physical hierarchies used by AIP
- The logical relations connecting the physical the supply chain
- The data requirements for replenishment planning
- The key concepts used in replenishment planning
- The differences between the fixed period and the planning horizon
- The three Inventory Levels calculated based on the Replenishment method
- What triggers a planned receipt
- How the receipt quantity is calculated
- The process that determines when an order is placed
- The reasons why reconciliation is needed
- The four allocation boundaries
- The use of the priority matrix
- Two additional constraining factors
- Distinguish the types of alerts and their purpose
- Name the types of alerts available in SRP
- Name the types of alerts available in WRP
- Identify typical user responses to alerts
- Identify the major functions in Order Management
- Name the major processes for creating orders
- Describe how orders are maintained in OM
- List the functions available when reviewing orders
Course Objectives
- Discuss the challenges and benefits in managing the supply chain
- Provide a basic definition of Supply Chain Management
- Describe the main goal of supply chain replenishment planning
- Describe a high-level overview of AIP business processes
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