Oracle SCM Cloud: Cost Management Implementation Course Overview

Oracle SCM Cloud: Cost Management Implementation Course Overview

The Oracle SCM Cloud: Cost Management Implementation course is designed for professionals looking to deepen their understanding and expertise in cost management within the Oracle SCM Cloud environment. The course is structured into seven modules, each focusing on specific aspects of cost management.

Starting with an introduction, learners gain foundational knowledge before diving into detailed lessons on Receipt Accounting, which covers the accrual process and associated reporting. Cost Accounting modules teach setup, daily management, and period-end processes, along with reporting techniques. For those involved in manufacturing, the Manufacturing Costing module provides insights into setup, standard cost definitions, work order costing, and reporting.

The course also tackles Landed Cost Management, addressing the intricacies of managing estimated and actual landed costs and their reporting. The Costing of Fulfillment Business Flows module explores different business scenarios like contract manufacturing and drop shipments, providing a comprehensive understanding of costing in various fulfillment operations.

Finally, the Supply Chain Financial Orchestration module delves into setting up and processing financial orchestration flows, monitoring, costing transactions, and relevant reporting, culminating in a course summary that underscores the main takeaways.

Learners will emerge with a holistic view of cost management, ready to implement and optimize Oracle SCM Cloud cost processes effectively, enhancing their organization's supply chain financial performance.

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Course Prerequisites

To ensure that participants can successfully engage with the Oracle SCM Cloud: Cost Management Implementation course and fully benefit from its content, the following prerequisites are recommended:


  • Basic understanding of supply chain management concepts and terminology.
  • Knowledge of general business practices related to cost management and accounting.
  • Familiarity with Oracle Cloud User Interface or similar enterprise resource planning (ERP) systems.
  • Experience with financial or cost accounting in a business environment is beneficial.
  • Prior exposure to Oracle SCM (Supply Chain Management) Cloud applications would be advantageous but not mandatory.

These prerequisites are intended to provide a foundation that will help learners to grasp the course material more effectively. Individuals who meet these criteria are likely to experience a smoother learning curve and gain more value from the course.


Target Audience for Oracle SCM Cloud: Cost Management Implementation

The Oracle SCM Cloud: Cost Management Implementation course is designed for professionals involved in supply chain and cost management.


  • Supply Chain Managers
  • Cost Accountants
  • Financial Analysts
  • Operations Managers
  • ERP Consultants
  • Implementation Specialists
  • Business Analysts
  • IT Professionals working with Oracle SCM
  • Procurement Specialists
  • Logistics Managers
  • Warehouse Managers
  • Inventory Managers
  • Manufacturing Engineers
  • Production Planners
  • CFOs and Finance Executives involved in cost strategies
  • Project Managers overseeing SCM implementations


Learning Objectives - What you will Learn in this Oracle SCM Cloud: Cost Management Implementation?

Introduction to the Oracle SCM Cloud: Cost Management Implementation Course's Learning Outcomes:

This course offers comprehensive insights into Oracle SCM Cloud's Cost Management, encompassing key functionalities such as Receipt Accounting, Cost Accounting, and Landed Cost Management.

Learning Objectives and Outcomes:

  • Understand the fundamental concepts and components of Oracle SCM Cloud's Cost Management module.
  • Learn how to set up and manage Receipt Accounting, including accruals and subledger accounting.
  • Gain knowledge on configuring and operating Cost Accounting, managing daily tasks, and executing period-end processes.
  • Acquire skills in Manufacturing Costing, including setting up cost components and calculating work order costs.
  • Become proficient in Landed Cost Management, from setup to handling estimated and actual charges.
  • Explore the cost implications of various fulfillment business flows such as contract manufacturing and drop shipments.
  • Understand how to cost consigned inventory and manage back-to-back orders efficiently.
  • Gain expertise in the revenue and cost of goods sold (COGS) matching process.
  • Learn to set up and process transactions using Supply Chain Financial Orchestration.
  • Develop skills to monitor and report on financial orchestration flows and costing transactions.