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Is it possible to create Business Event in oracle fusion- Item Create/ Item Update

We have a requirement to create a business event for item creation and updation. It is presumed that OIC can subscribe to the following PIM Business Events:

  • Item Create Event
  • Item Update Event

While trying to configure business events in Oracle, I see that there is no such event type available (As mentioned above).

Can you please help if such business events already exists in Oracle fusion? If not, then how do we configure it and what roles do we need to configure the same?

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