Oracle SCM Costing implementation

About the Company

Greetings from Teamware Solutions a division of Quantum Leap Consulting Pvt. Ltd

Teamware Solutions (a division of Quantum Leap Consulting Pvt. Ltd.) is a 20+ year industry leader providing IT staffing and consulting services, supporting 4000+ professionals across India, the USA, the Middle East, and APAC for leading GCC clients.

About the Role

We are hiring an Oracle SCM Costing implementation

• Location: Bangalore
• Work Model: Hybrid
• Experience: 7-10 years
• Notice Period: Immediate - 15 days

Job Description:

Oracle SCM Costing implementation involves configuring cost organizations, books, and valuation structures to manage inventory, manufacturing, and receipt accounting. Key steps include setting up cost methods (Perpetual Average, Standard, FIFO/LIFO), defining cost components, mapping to the general ledger, and utilizing Rapid Implementation spreadsheets to automate setup.

YouTube +3

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.

Additional Information:

• Mandatory Skills - Inventory, Costing
• Nice to have skills - SLA, PDH
• Interview Mode - Virtual Interview
• Work Model - Remote

Please let me know if you are interested in this position and send me your resume to netra.s@twsol.com