Oracle Erp Full Form
Oracle ERP Introduction • 1. Oracle - ERP Presented By – Nitin Maheshwari • Layout • Introduction to ERP • Business Need • What is Oracle – ERP? • Oracle as an ERP • Modules of Oracle ERP • How do ERP System Works • ERP Components • ERP Vendors • Revenue, Profits & Investments of major ERP Vendors • Layout (Contd.) Services Offered Implemented modules of Oracle Apps Scope of ERP Career Track Benefits of ERP System Wrap Up • What is ERP? The practice of consolidating an enterprise’s planning, manufacturing, sales and marketing efforts into one management system. Combines all databases across departments into a single database that can be accessed by all employees. ERP automates the tasks involved in performing a business process.
The acronym ERP stands for enterprise resource planning. It refers to the systems and software packages used by organizations to manage day-to-day business. Enterprise resource planning (ERP) is business management software to. Gartner's annual market share reports put SAP, Oracle, Sage, Microsoft and NetSuite.
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• Business Needs Global Operations Heterogeneous Solutions Different locations Different countries Different languages Different time zones Central vs. Distributed • Business Needs contd. Global Operations Heterogeneous Solutions Different applications Different technologies Different vendors Point-to-point integration Custom-made solutions • What is Oracle as an ERP? • Oracle Applications comprise the application software or business software of Oracle Corporation. • Is a suite of back office software modules designed to integrate and streamline a company’s business processes and transactions. • Great benefits can be made adopting an ERP system.
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• Modules of Oracle ERP ERP Financials Distribution E-Commerce Human Resources Payoll CRM Manufacturing ERP • Modules of Oracle ERP (Contd.) •Oracle HRMS •Oracle Payroll •Oracle CRM •Oracle Financials •Oracle Mobile Supply Chain Application •Oracle Order Management •Oracle Procurement •Oracle Project Portfolio Management •Oracle Quotes •Oracle Transportation Management •Oracle Warehouse Management Systems •Oracle Inventory •Oracle Enterprise Asset Management •Product Life cycle Management •Asset Lifecycle Management •Manufacturing • Employees Managers and Stakeholders How Do ERP Systems Work? Central Database Payroll Human Resource Management Applications Financial Applications Manufacturing Applications Inventory And Supply Applications Human Resource Management Applications Service Applications Sales and Delivery Applications Sales Force And Customer Service Reps Customers Back-office Administrators And Workers Suppliers • ERP Components HR: software for handling personnel-related tasks for corporate managers and individual employees. Examples: HR administration Payroll Self-service HR Finance: modules for bookkeeping and making sure the bills are paid on time. Examples: General ledger Accounts receivable Accounts payable Manufacturing and Logistics: A group of applications for planning production, taking orders and delivering products to the customer. Examples: Production planning Materials management Order entry and processing Warehouse management • An ERP Example: Before ERP Customers Customer Demographic Files Sales Dept.
Vendor Orders Parts Accounting Accounting Files Purchasing Purchasing Files Order is placed with Vendor Invoices accounting Inventory Files Warehouse Checks for Parts Calls back “Not in stock” “We ordered the parts” “We Need parts #XX” “We ordered the parts” Sends report Sends report Sends report Ships parts • An ERP Example: After ERP Database Customers Sales Dept. Purchasing Warehouse Accounting Vendor Inventory Data If no parts, order is placed through DB Orders Parts Order is submitted to Purchasing.
When you search for 'ERP' on the web, the sheer amount of information that comes up can be overwhelming—not to mention a little confusing. Every website seems to have its own definition of ERP, and one ERP implementation can vary widely from the next. These differences, however, underscore the flexibility that can make ERP such a powerful business tool. To get a deeper understanding of how ERP solutions can transform your business, it helps to get a better sense of what ERP actually is and how it works. Here's a brief introduction to ERP and why it seems like everyone's talking about it.