Purpose of po ,O2C cycle, P2P cycle discussion, debit memo, credit memo, inventory topics

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Discussion on PO, O2C cycle, P2P cycle, debit memo, credit memo, and inventory topics for Oracle SCM Functional Consultant role.

PO (Purchase Order) is a document used to request goods or services from a supplier.
O2C (Order to Cash) cycle involves the entire process from receiving an order to receiving payment.
P2P (Procure to Pay) cycle involves the entire process from identifying a need to paying the supplier.
Debit memo is a document used to request a credit from a supplier for goods or services that were overcharged or not received.
Credit memo is a document used to issue a credit to a customer for goods or services that were returned or overcharged.
Inventory topics include inventory management, inventory valuation, and inventory control.

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