ERP
Showing posts with label ERP. Show all posts
Showing posts with label ERP. Show all posts

ORACLE APPLICATIONS INTRODUCTION



ERP: Resource Planning with in an Enterprise. ERP is a term that covers whole Product line. ERP means integration of different module. Any business will greatly benefits by adapting this feature because u can customize it or integrate it with other Packages to satisfy unique requirements.


BENEFITS OF ERP:


1). Flow of Information Effectively

2). Maintaining Standardizations


What is Oracle Applications?


Oracle Applications are an ERP Package. The Key Feature of the entire oracle‐Application module is Data In Integration.


Master data is integrated: All the application share common files of customers,Suppliers, employee, items and other entities that are used by multiple Applications.


Transaction data is Integrated: Oracle automatically bridge transactions from one system to another.


Financial data is integrated: Financial data is carried in a common format, and Financial data is transmitted from one application to another.



Oracle Applications is one of the Enterprise Resource Planning (ERP) Business Application packages. It comprises of various Modules, Libraries, Forms, Reports, etc.Oracle Applications is designed on the basis of Generally Acceptable Accounting Principles (GAAP). It is used to chatter the Business needs of an Organization. It consists of 256 different types of modules, 4000 Forms, 5000 Programs etc. Any Organization can Adopt this package and use the supplied modules with the customization as per their Business requirements.


Oracle works on 3 Tier Architecture (i.e. Client, Application and Database). It Supports Form based Interface (i.e. FIN, MFG, MM & HR) and HTML based Interface (i.e. CRM, SSWA).


Where: SSWA – Self Service Web Architecture
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Advantage of ERP



Advantage of ERP

According to Anthony, R. A, organizational processes fall into three levels - strategic planning, management control and operational control. Even though much of ERP success has been in facilitating operational coordination across functional departments, successful implementation of ERP systems benefit strategic planning and manegment
control one way or other.

Help reduce operating costs

ERP software attempts to amalgamate commerce processes across departments onto a single enterprise-wide information system. The major benefits of ERP are enhanced harmonization across functional departments and increased efficiencies of doing business. The instant benefit from implementing ERP systems we can imagine is abridged operating costs, such as inferior inventory control price, inferior production costs, inferior marketing costs and inferior help desk support costs.

Facilitate Day-to-Day Management

The other benefits from implementing ERP systems is facilitation of day-to-day management. The implementations of ERP systems care for the organization of backbone data warehouses. ERP systems offer better convenience to data so that management can have up-to-the-minute access to information for decision making and managerial control. ERP software helps track actual costs of activities and perform activity based costing.

Support Strategic Planning

Strategic Planning is "a deliberate set of steps that assess needs and resources; define a target audience and a set of goals and objectives; plan and design coordinated strategies with evidence of success; logically connect these strategies to needs, assets, and desired outcomes; and measure and evaluate the process and outcomes."
Part of ERP software systems is intended to support resource planning section of strategic planning. In reality, resource planning has been the weakest link in ERP practice due to the difficulty of strategic planning and lack of sufficient integration with Decision Support Systems (DSS).


Enhances flexibility

Organizations followed rigid procedures and formalities prior to ERP intervention. One had to seek permission to view the details or data of the other department in the same company. This had to be routed through departmental heads. Of course there was nothing wrong because confidentiality had to be maintained at the interdepartmental levels itself in order to ensure the security of data. With the advent of ERP this practice has been given a go by. Whatever a person needs can be immediately accessed by him subject to the delegated authority and essentiality. ERP function has thus helped individuals.

Improves Quality

ERP support has vastly helped to improve the quality of services and products offered by the companies. ERP has been instrumental in identifying the areas for improvement In the event of speeding and improving the manufacturing process or other core functions of the company. This has greatly helped to improve the over all quality. For example in the course of implementing ERP software the company would have found some obsolete practice. They can devise a novel and productive measure in consultation with the ERP vendor which will double the benefits given the ERP software implementation. Thus ERP project helps to identify the existing mistakes and improve upon them in a better manner. The ERP function will accrue only if ERP is carried properly in an organization.

Economizes the resources

ERP support will help to save manpower, time and money not only on a large scale but also in the case of many sub process. During the course of ERP implementation the company can identify many areas that where resources are not properly put in use. This will help the company to decide on them and devise a suitable measure to properly use those resources. For E.g. during the course of ERP implementation the company can get to know the misallocation of the resources due to reasons like wrong organizational structure and procedures. These would not have been otherwise possible but for ERP function.

Helps decision making


ERP support has increased the autonomy and thereby the process of decision making process becomes easy in departments. Formerly departments had to get the consent and consensus from one another before finalizing or processing the end information. ERP has eliminated this need in the right time. Individual departments can function like separate entities (with good faith) because they can access the information required from other departments from the system in their table.
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What is ERP

ERP (Enterprise Resource Planning)

Enterprise Resource Planning systems (ERPs) integrate (or attempt to integrate) all data and processes of an organization into a unified system. A typical ERP system will use multiple components of computer software and hardware to achieve the integration. A key ingredient of most ERP systems is the use of a unified database to store data for the various system modules. ERP is an amalgamation of a company's information systems designed to bind more closely a variety of company functions including human resources, inventories and financials while simultaneously linking the company to customers and vendors.

ERP is the short form of Enterprise Resource Planning. ERP utilizes ERP software applications to advance the performance of organizations' resource planning, management control and operational control. ERP software is multi-module appliance software that integrates activities across functional departments, from product planning, parts purchasing, inventory control, product circulation, to order tracking. ERP software may include application modules for the finance, accounting and human resources aspects of a business.

This is very common in the retail sector, where even a mid-sized retailer will have a discrete Point-of-Sale (POS) product and financials application, then a series of specialized applications to handle business requirements such as warehouse management, staff roistering, merchandising and logistics.
Ideally, ERP delivers a single database that contains all data for the software modules, which would include:

Manufacturing 
Engineering, Bills of Material, Scheduling, Capacity, Workflow Management, Quality Control, Cost Management, Manufacturing Process, Manufacturing Projects, Manufacturing Flow.

Supply Chain Management 
Inventory, Order Entry, Purchasing, Product Configurator, Supply Chain Planning, Supplier Scheduling, Inspection of goods, Claim Processing, Commission Calculation.

Financials 
General Ledger, Cash Management, Accounts Payable, Accounts Receivable, Fixed Assets.

Projects 
Costing, Billing, Time and Expense, Activity Management.

Human Resources 
Human Resources, Payroll, Training, Time & Attendance, Benefits.

Customer Relationship Management 
Sales and Marketing, Commissions, Service, Customer Contact and Call Center support
and various Self-Service interfaces for Customers, Suppliers, and Employees .



ERP Definition – A Systems Perspective


ERP, frequently like other IT and commerce concepts, are defined in many different ways.

A sound definition should contain several purposes:

* It gives answer to the question of "what is ... ?".
* It provides a foundation for defining more detailed concepts in the field - ERP software
   ERP systems, ERP realization etc.              
* It provides a common ground for comparison with related concepts - CRM, SCM etc.
* It helps to answer the  essential  questions  In the  field - benefits of ERP,  the causes of      
   ERP failure etc.

A definition of ERP based on Systems Theory can server those purposes. ERP is a system which has its aim, components, and borders.

The Aim of an ERP System - The aim of ERP is to advance and modernize inner business processes, which characteristically requires reengineering of current business processes.

The Components of an ERP System -    The components of an ERP system are the common components of a Management InformationSystem (MIS).

*ERP Software - Module based ERP software is the core of an ERP system. Each software module automates business activities of a functional area within an organization. Common ERP software modules include product planning, parts purchasing, inventory control, product distribution, order tracking, finance, accounting and human resources
aspects of an organization.

*Business Processes - Business processes within an organization falls into three levels - strategic planning, management control and operational control. ERP has been promoted as solutions for sustaining or streamlining business processes at all levels. Much of ERP success, however, has been limited to the integration of various functional departments.

*ERP Users - The users of ERP systems are workforce of the organization at all levels,
from workers, supervisors, mid-level managers to executives.

*Hardware and Operating Systems - Many huge ERP systems are UNIX based. Windows NT and Linux are other popular operating systems to run ERP software.


Legacy ERP systems may use other operating systems.
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