Required Oracle SCM Cloud Functional Lead -(Orlando, FL).

[Adil Momento]

Hi,

Momento USA is a global technology consulting, talent acquisition, and creative development firm that addresses clients' most pressing needs and challenges. We are currently looking for a Oracle SCM Cloud Functional Lead -(Orlando, FL). Please let me know if you are interested.

 

 

 

Position: Oracle SCM Cloud Functional Lead

Location: - (Orlando, FL).

 

 

They will have to go to client offices 2-3 days a week.

 

Note : Focus on SCM modules (Inventory, Order Management, Procurement).

 

 

Oracle SCM and ERP Landed Cost Management (LCM) are features within Oracle's supply chain and enterprise resource planning systems that provide financial visibility into the total cost of acquiring goods, including all associated charges like transportation, insurance, and duties. It works by first estimating these costs before an item is received and then updating them with actual amounts from sources like supplier invoices, allocating these costs to shipments, orders, and products for more accurate financial reporting and decision-making.

 

Key functions and benefits

Captures all costs: Aggregates all extended supply chain costs, including freight, handling fees, insurance, and import/export duties and taxes.

Provides cost visibility: Enables companies to see the real cost of items by incorporating these additional charges, which can be a significant portion of the total cost.

Estimates and updates: Initially estimates costs to aid in pre-purchase decisions and later updates them with actual costs once invoices are processed.

Allocates costs: Distributes and allocates charges to specific shipments, orders, and products to ensure accurate accounting and inventory valuation.

Enhances decision-making: Provides data to improve pricing strategies, evaluate new product plans, and negotiate contracts more effectively.

Ensures compliance: Helps in complying with regulatory mandates related to trade activities.

Improves financial processes: Maximizes profits and improves visibility into outstanding liabilities.

 

How it works

Capture charges: Charges are captured and grouped under a trade operation, which is a logical entity for a single business transaction, such as a shipment.

Perform allocations: Material purchase order schedules and transfer order shipments are associated with the trade operation, and the charge amount is allocated to the respective orders and receipts.

Create accounting: The final step is creating the accounting entries for all incurred charges, which is transferred to the Receipt Accounting and Cost Accounting modules.

Match invoices: Information from supplier invoices in Oracle Payables is used to calculate the actual landed costs once they are matched to receipts.

Thanks,

Adil M

Sr. Technical Lead

Momento USA | Exceeding Customer Expectations…

Email:  ad...@momentousa.com