ADVANCE YOUR CAREER. TRANSFORM YOUR LIFE WITH IN-DEMAND SKILLS FOR AN ON.DEMAND WORLD. EARN MINIMUM £35K A YEAR WITH YOUR ORACLE RETAIL SKILLS.
VERY GOOD HANDS-ON INTERACTIVE TRAINING MATERIAL WITH REAL-LIFE BASED SCENARIOS.
PERFECT INTERACTIVE SELF-TEACH TRAINING COURSE FOR THOSE WORKING IN A RETAIL ENVIRONMENT AS WELL AS THOSE WHO WORK IN TRADITIONAL RETAIL BUT LOOKING TO UPSKILL TO A DIGITAL RETAIL MERCHANDISE PLATFORM. ALSO GOOD FOR THOSE COMPLETELY NEW TO RETAIL MANAGEMENT OR CROSS-TRAIN TO A DIGITAL RETAIL ENVIRONMENT.
Oracle Retail Merchandising System (RMS) Business Essentials Self-Study CBT
How This Course Is Organised
The Retail Merchandising System (RMS) Business Essentials course provides a broad overview of the whole system and the RMS foundation data. You will learn how to manage inventory, including Replenishment and Investment Buy.
By investing in this course, you will develop a deeper understanding of the crucial pieces of the RMS Foundation, including organizational and merchandise hierarchies, items, suppliers, finishers, value added tax and more. All of these
topics are fundamental to the operation of the Oracle Retail Merchandising System.
This course applies to Retail Merchandising System - RMS versions 14.x and above.
End Users
Sales
Marketing
Functional Implementer
Sales Consultants
Prerequisites:
None
Objectives:
After completing this course, students will be able to:
Explain Value Added Tax
Create Transfers
Create Deals
Setup and Maintain Contracts
Establish Investment Buy Parameters
Establish Replenishment Parameters
Manage and Maintain Inventory
Manage and Maintain Franchise Stores
Define Shipping and Receiving processes
Adjust Stock Ledger
Maintain Costing Strategies
Create Foundation Data
Perform core navigational and setup tasks
Define Hierarchies
Create Items with Diffs
Create Items without Diffs
Course Outline
Introduction to the Retail Industry
Retail Overview
Retail Definition
Retail Value Chain
Major Segments of Retail
Retail Organization Structure
Retail Math and Terms
Retail Financial Analysis and Metrics
Retail Cost vs. Retail Accounting
Retail Industry Trends
Challenges
Retail Industry Organization
The Store Environment
Corporate Environment
Retail Enterprise Network
Target Business Units for Solution
Data Processing Functions
Key Systems
Store Systems
Corporate Systems
Retail Technology Reference Architecture
Retail Application Architecture
The Store Logical Data Model
The In-Store Processing Strategy
The Retail ARTS Data Model
RMS Overview
Explain the Oracle Retail Footprint
Define at a High Level Applications in the MOM Suite
Navigation
Navigate through the RMS Application and Forms
Perform a Search for Information
Use View Menu
System Setup Help
Organizational Hierarchy
Describe the organizational hierarchy structure in base RMS
Explain multichannel
Create a store
Add a warehouse to the organizational hierarchy
Assign a cost structure to the physical warehouse
Add a virtual warehouse to the physical warehouse
Set up a virtual warehouse as an internal finishe
Explain the stores and warehouse workflow
Merchandise Hierarchy
Define the structure of the merchandise hierarchy
Identify the levels of the merchandise hierarchy
Identify merchandise hierarchy concepts
Add a department, class and Subclass
Suppliers
Define supplier workflow
Describe Supplier Management
Identify Supplier Characteristics
Describe Electronic Data Inercahgne
Explain how to add an Item to a Supplier
Explain Return Requirements
Create a Supplier
Describe Vendor Managed Inventory
Partners and Finishers
Explain what a partner is
Define partner options
Create a partner
Maintain and search for a partner
Describe internal and external finishers
Explain work orders
Define transformation and packing
Value Added Tax
Explain Value Added Tax (VAT)
Differentiate between VAT and sales tax
Describe Inclusive and Exclusive VAT
Identify VAT regions
Explain VAT rates
Differentiators
Define differentiators
Define item groups
Items
Explain the importance of transaction levels
Define the various types of units of measure
Add UDAs to RMS
Assign UDAs
Create Level 1 and 2 items
Identify and describe the types of pack items
Define Transformable Orderable and Sellable Items
Explain Concession and Consignment Items
Item Lists
Explain possible uses of item lists
Create an item list
Use an item list
Rebuild an item list
Identify the item properties that can be used to group items
Identify item properties inherent to item setup that can be used to group item
Describe additional item properties that can be used to group items
Locations
Establish Item/Location Relationships
Set Item Local Cost
Edit Item Location Information
Explain possible uses of location lists
Create a Location List
Use a Location List
Custom Flex Attributes (CFAS)
Attribute groups and Group sets
Explain Attribute Types
Custom Validation functions
Purchase Orders
Explain the methods used to create a PO
Explain PO types
Explain PO level information
Describe the PO distribution process
Explain Open to Buy
Explain Vendor Managed Inventory
Cost Management
Identify the types of item costs
Identify cost components
Explain costing methods
Discuss cost changes
Landed Costs
Explain the types of Landed Costs
Discuss the components of Landed Cost
Explain Estimated Landed Cost
Identify the foundation data required for costing
Discuss costing strategies
Deals and Fixed Deals
Explain Deals and Rebates
Explain the deal application process
Define Deals components
Explain Deal Thresholds
Explain Discounts and Rebates
Provide examples of deal structures
Explain the role of Suppliers and Partners
Explain deal security
Contracts
Explain Contract Functionality
Describe Types of Contracts
Explain Types of Orders
Transfers
Identify available Transfer Types
Create a Manual Requisition without finisher
Create Manual Requisition with Finisher
Describe Transfer Up charges
Shipping and Receiving
Explain the shipping and receiving processes
Describe the shipping schedule process
Explain shipment of transfers
Define the PO receiving process
Explain ASN Outbound Messages
Explain ASN Inbound Messages
Describe Stock Order Exception Reconciliation
Franchise Management
Explain Franchise Management
Describe Franchise Inventory Management
Define Franchise Customer and Customer Groups
Explain Franchise Stores
Discuss Franchise deal Pass through and Templates
Manage Franchise Orders
Stock Ledger and Stock Counts
Describe Stock Ledger Attributes
Define Accounting Methods
Describe Stock Ledger Options
Explain Transaction Data
Explain stock count request/scheduling
Describe physical counts
Define Unit Only stock counts
Define Unit and Value stock counts
Replenishment
Provide an overview of replenishment process
Explain the replenishment parameters
Discuss the types of replenishment
Explain the replenishment outputs
Review the replenishment outputs
Explain the replenishment methods
Discuss the system options used to configure replenishment
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