Retail Trade Management (RTM) Business Essentials 13.1

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Retail Trade Management (RTM) Business Essentials 13.1

Oracle University
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Description

The course is designed to help the learners to track the cost of the goods/items from the source country to the importing country using the RTM modules in RMS.

This course covers comprehensive functional information about the application, the basic concepts, the cost components for the trading, assessments, estimated landed costs, actual landed cost, the mode of transactions used for trading and letters of credit, basic operations, navigation and the interaction of this application with RMS and other third party applications.

Learn to:
  • Provide an overview of the RTM application
  • Set up Master data for the transaction - Import attributes, HTS and LC
  • Create Import PO and attach LC
  • Create…

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Didn't find what you were looking for? See also: Retail (Management), General Management, Leadership, Management Skills, and Project Management.

The course is designed to help the learners to track the cost of the goods/items from the source country to the importing country using the RTM modules in RMS.

This course covers comprehensive functional information about the application, the basic concepts, the cost components for the trading, assessments, estimated landed costs, actual landed cost, the mode of transactions used for trading and letters of credit, basic operations, navigation and the interaction of this application with RMS and other third party applications.

Learn to:
  • Provide an overview of the RTM application
  • Set up Master data for the transaction - Import attributes, HTS and LC
  • Create Import PO and attach LC
  • Create a transportation record and update the Customs Entry record
  • Maintain Obligations
  • Review and finalize the Actual Landed Cost

Audience
  • Application Developers
  • Developer
  • Functional Implementer
  • End Users
  • Technical Consultant

Course Topics Course Introduction
  • Course Agenda
  • Course Objectives
  • Important Things to remember
Application Overview
  • Oracle Retail Footprint
  • International Trade Entities
  • RTM Business Process
  • RTM Process Flow
  • Core Components
  • Interaction with other applications and third party applications
  • Navigation
Item Attributes
  • Item Attributes Overview
  • Supply Chain Partners
  • Supplier Details
  • Process Flow
  • Creating an Item
  • Creating Item-Supplier-Country of Sourcing relationship
  • Adding HTS
  • Approval
Harmonized Tariff Schedule
  • Overview of HTS as an assessment component
  • Illustration of a typical HTS
  • HTS Mass Upload
  • HTS Manual Upload
  • HTS Classfication Maintenance
  • Attaching HTS to the import item
  • Reviewing assessment components in HTS
Purchase Order
  • Overview of Purchase Order
  • Process Flow
  • Classification of POs
  • Creating Import Purchase Order
  • Purchase Order attributes
Letter of Credit
  • Overview of Letter of Credit
  • Classification
  • Process Flow
  • Setting up information on Letter of Credit
  • Attaching the Letter of Credit with the PO
Estimated Landed Cost
  • Overview of Estimated Landed Cost
  • ELC Components
  • ELC calculations
  • Creating and maintaining ELC components
  • Reviewing the ELC for import items and POs
Transportation
  • Overview of Transportation in RTM
  • Process Flow
  • Creating transportation records
  • Reviewing the transportation details
  • Finalizing the transportation record
Customs Entry
  • Overview of Customs Entry
  • Process flow
  • Updating a Customs Entry record
  • Statuses in Customs Entry
  • Allocating the Customs Entry information to ALC
Obligations
  • Overview of Obligations
  • Process Flow
  • Review Non Merchandise Codes
  • Create Obligation with non merchandise codes
  • Approve the obligation
  • Allocate it to ALC
Actual Landed Cost
  • Overview of Actual Landed Cost
  • Process Flow
  • Reviewing the Actual Landed Cost
  • Finalizing the Actual Landed Cost
Review
  • Recapitulation of the course objectives
  • Emphasis on the Import Process Flow
  • Reviewing the RTM process Flow
  • Conclusion

Course Objectives
  • Explain trade management
  • Provide an overview of the RTM application
  • Create master data for an import item
  • Attach HTS Codes to the import item
  • Create an import Purchase Order
  • Set up Letter of Credit for the retailer
  • Associate the Letter of Credit with Purchase Order
  • Create Transport Record about the item's shipping information and finalize
  • Update the Customs Entry Record and send it to the Customs department
  • Allocate the Customs Entry to the Actual Landed Cost after confirmation
  • Create Obligation for the importing item
  • Approve the Obligations
  • Allocate the obligations to ALC
  • Review and finalize the Actual Landed Cost
  • Maintain Cost Components
  • Create Expenses and Assessments components

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