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Oracle SCM Costing

Roles & Responsibilities

  • Experience implementing Oracle SCM Costing with setup of cost organizations, cost books, and valuation structures
  • Familiarity with costing methods: Standard, Average, FIFO, and LIFO, configurable per organization
  • Knowledge of receipt accounting and cost accounting processes for inventory costs
  • Experience with rapid implementation using spreadsheet uploads for quick setup of cost organizations, books, and relationships

Requirements:

  • Configure core setup components for Oracle SCM Costing: cost organizations, cost books, and valuation structures
  • Implement and configure costing methods (Standard, Average, FIFO, LIFO) per organization
  • Configure receipt accounting and cost accounting processes for inventory movements and transactions
  • Enable rapid implementation using spreadsheet uploads to set up cost organizations, books, and relationships

Job description

This is a remote position.


Key Aspects of Oracle SCM Costing Implementation

Core Setup Components: Implementation requires establishing cost organizations (often aligned with Business Units), cost books (Primary/Secondary), and valuation structures (inventory, sub-inventory, or locator levels).

Costing Methods: Oracle supports four primary perpetual costing methods: Standard, Average, FIFO, and LIFO, allowing different methods per organization.

Receipt Accounting: Configures how costs of received goods, purchase orders, and returns are captured.

Cost Accounting: Manages inventory valuation for transactions like movement requests and transfers.

Rapid Implementation: Uses spreadsheet uploads for quick setup of cost organizations, books, and relationships.

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