These notes are compiled keeping in view of students just begin to learn Oracle Applications. Even though there is nothing very complicated in Oracle Inventory, a beginner finds it very confusing and complicated initially for some time. While attending lectures, under the guidance of the faculty, the students do all the relevant exercises. But, after the lecture hours when he/she is trying to do the same exercise all by himself/herself, he/she will find that the steps are not remembered properly. The lecture notes are not of much use because that is not written properly or there is no mention of certain steps in the notes. This in turn leads the student to a kind of desperation. The purpose of these notes is to save the students from the kind of desperation mentioned above.