Oracle Apps

Monday, October 25, 2010

Sunday, October 10, 2010

What are advantages of ERP for business process?

Installing{To connect or set in position and prepare for use} an ERP SYSTEM has many advantages - both direct and indirect. The direct advantages include improved efficiency, information integration
{The act or process of integrating} for better decision making, faster response time to customer-queries, etc. the indirect benefits include better corporate image, improved customer goodwill, customer satisfaction, and so on. The following are some of the direct benefits of an ERP systems
. Business integration
. Flexibility
. Better analysis{The separation of an intellectual or material whole into its constituent parts for individual study.} and planning capabilities
. Use of latest technology

Business integration important 

The first and most important advantage lies in the promotion of integration. The reason why ERP packages are considered to be integrated, is the automatic data updation automatic data exchange among applicatins that is possible among the related business components{A constituent element, as of a system. See Synonyms at element.}. Since conventional company information systems were aimed at the optimization of independent business functions in business units, almost all were weak in terms of the communication and integration of information that transcended the different business functions. In case of large companies are particular,the timing system costruction and directives differs for each product and department/function and sometimes, they are disconnected. For this reason, it has become anbbstacle in the shift to new product and business classification. In the case of ERP packages, the data of related business functions is also automatically updated at the time a transaction occurs. For this reason, one is able to grasp business details in real time and carry out various types of management decisions intimely manner, based on that information.


The second advantage of ERP packages is their flexibility. Different languages, currencies, accounting standards and so on can beovered in one system, and functions that comprehensively manage multiple, location of a company globalization{To make global or worldwide in scope or applicaton.} and system unification, this flexibility is essential, and one can say that it has major advantage, not simply for development and maintenance, but also in terms of management.

Better analysis and planning capabilities
Yet another advantage is the boost 'o' the planning functions{The appropriate or assigned duties, responsibilities, missions, or tasks of an individual, office, or organization}. By enabling them comprehensive and unified management of related business and its data, it becomes possible fully utilize many types of decision support systems and simulation functions. Further more, since it become possible to carry out, flexibly and in real time, filing and analysis of data from a variety of dimensions, one is able to give the decision makers the information they want; thus enabling them to make better informed decisions.

Use of latest technology

The fourth advantage is the utilization of the latest developments in Information Technology (IT). The ERP vendors were very quick to realize that in order to grow and sustain that growth, they had to embrace the latest developments in the field of Informational Technology. Therefore, they quickly adapted their systems to take advantage 'of the latest technologies like open systems, client/server technology Internet/lntranet CALS {Computer Aided Acquisition and Logistics Support}, electonic commerce, etc. it is this quick adaptation to the latest changes in Informat Technology that makes the flexible adaptation to changes in future business environments possible. It is this flexibility that makes the incorporation of the latest technology possible during
system customization, maintenance and expansion phases.

Why Do Businesses Need ERP?

ERP is a solution, a tool using IT to solve the problems in streamline the business process, and integrate all the information along the business process of enterprise core business. You can't consider ERP is just a software package, there are so many ERP software, each has it's own positioning in some industrial line.

What is ERP ?

ERP stands for Enterprise Resource Planning. ERP is a way to integrate the data and processes of an organization into one single system. Usually ERP systems will have many components including hardware and software, in order to achieve integration, most ERP systems use a unified database to store data for various functions found throughout the organization.

The term ERP originally referred to how a large organization planned to use organizational wide resources. In the past, ERP systems were used in larger more industrial types of companies. However, the use of ERP has changed and is extremely comprehensive, today the term can refer to any type of company, no matter what industry it falls in. In fact, ERP systems are used in almost any type of organization - large or small.

In order for a software system to be considered ERP, it must provide an organization with functionality for two or more systems. While some ERP packages exist that only cover two functions for an organization (QuickBooks: Payroll & Accounting), most ERP systems cover several functions.

Today's ERP systems can cover a wide range of functions and integrate them into one unified database. For instance, functions such as Human Resources, Supply Chain Management, Customer Relations Management, Financials, Manufacturing functions and Warehouse Management functions were all once stand alone software applications, usually housed with their own database and network, today, they can all fit under one umbrella - the ERP system.

Integration is Key to ERP
Integration is an extremely important part to ERP's. ERP's main goal is to integrate data and processes from all areas of an organization and unify it for easy access and work flow. ERP's usually accomplish integration by creating one single database that employs multiple software modules providing different areas of an organization with various business functions.

Although the ideal configuration would be one ERP system for an entire organization, many larger organizations usually create and ERP system and then build upon the system and external interface for other stand alone systems which might be more powerful and perform better in fulfilling an organizations needs. Usually this type of configuration can be time consuming and does require lots of labor hours.

The Ideal ERP System
An ideal ERP system is when a single database is utilized and contains all data for various software modules. These software modules can include:

Manufacturing: Some of the functions include; engineering, capacity, workflow management, quality control, bills of material, manufacturing process, etc.

Financials: Accounts payable, accounts receivable, fixed assets, general ledger and cash management, etc.

Human Resources: Benefits, training, payroll, time and attendance, etc

Supply Chain Management: Inventory, supply chain planning, supplier scheduling, claim processing, order entry, purchasing, etc.

Projects: Costing, billing, activity management, time and expense, etc.

Customer Relationship Management: sales and marketing, service, commissions, customer contact, calls center support, etc.

Data Warehouse: Usually this is a module that can be accessed by an organizations customers, suppliers and employees.

ERP Improves Productivity
Before ERP systems, each department in an organization would most likely have their own computer system, data and database. Unfortunately, many of these systems would not be able to communicate with one another or need to store or rewrite data to make it possible for cross computer system communication. For instance, the financials of a company were on a separate computer system than the HR system, making it more intensive and complicated to process certain functions.

Once an ERP system is in place, usually all aspects of an organization can work in harmony instead of every single system needing to be compatible with each other. For large organizations, increased productivity and less types of software are a result.
Implementation of an ERP System

Implementing an ERP system is not an easy task to achieve, in fact it takes lots of planning, consulting and in most cases 3 months to 1 year +. ERP systems are extraordinary wide in scope and for many larger organizations can be extremely complex. Implementing an ERP system will ultimately require significant changes on staff and work practices. While it may seem reasonable for an in house IT staff to head the project, it is widely advised that ERP implementation consultants be used, due to the fact that consultants are usually more cost effective and are specifically trained in implementing these types of systems.

One of the most important traits that an organization should have when implementing an ERP system is ownership of the project. Because so many changes take place and its broad effect on almost every individual in the organization, it is important to make sure that everyone is on board and will help make the project and using the new ERP system a success.

Usually organizations use ERP vendors or consulting companies to implement their customized ERP system. There are three types of professional services that are provided when implementing an ERP system, they are Consulting, Customization and Support.

Consulting Services - usually consulting services are responsible for the initial stages of ERP implementation, they help an organization go live with their new system, with product training, workflow, improve ERP's use in the specific organization, etc.

Customization Services - Customization services work by extending the use of the new ERP system or changing its use by creating customized interfaces and/or underlying application code. While ERP systems are made for many core routines, there are still some needs that need to be built or customized for an organization.

Support Services- Support services include both support and maintenance of ERP systems. For instance, trouble shooting and assistance with ERP issues.

Advantages of ERP Systems

There are many advantages of implementing an EPR system; here are a few of them:

  • A totally integrated system
  • The ability to streamline different processes and workflows
  • The ability to easily share data across various departments in an organization
  • Improved efficiency and productivity levels
  • Better tracking and forecasting
  • Lower costs
  • Improved customer service

Disadvantages of ERP Systems

While advantages usually outweigh disadvantages for most organizations implementing an ERP system, here are some of the most common obstacles experienced:

Usually many obstacles can be prevented if adequate investment is made and adequate training is involved, however, success does depend on skills and the experience of the workforce to quickly adapt to the new system.
  • Customization in many situations is limited
  • The need to reengineer business processes
  • ERP systems can be cost prohibitive to install and run
  • Technical support can be shoddy
  • ERP's may be too rigid for specific organizations that are either new or want to move in a new direction in the near future.

Saturday, October 2, 2010

Some things about Oracle Corporation

Oracle Corporation is an American multinational computer technology corporation that specializes in developing and marketing enterprise products — particularly database management systems. Headquartered in Redwood Shores, California, United States, Oracle employs 105,000 people worldwide as of 1 July 2010 (2010 -07-01). It has enlarged its share of the software market through organic growth and through a number of high-profile acquisitions. By 2007 Oracle had the third-largest software revenue, after Microsoft and IBM.

The company also builds tools for database development and systems of middle-tier software, enterprise resource planning software (ERP), customer relationship management software (CRM) and supply chain management (SCM) software.

As of 2010, Larry Ellison, a co-founder of Oracle Corporation, has served as Oracle's CEO throughout its history. Ellison also served as the Chairman of the Board until his replacement by Jeffrey O. Henley in 2004. Ellison retains his role as CEO. On August 22, 2008 the Associated Press ranked founder Larry Ellison as the top-paid chief executive in the world.


Special Effects by Oracle .......

Oracle provides the world’s most complete, open, and integrated business software and hardware systems, with more than 370,000 customers—including 100 of the Fortune 100—representing a variety of sizes and industries in more than 145 countries around the globe. Oracle's product strategy provides flexibility and choice to our customers across their IT infrastructure. Now, with Sun server, storage, operating-system, and virtualization technology, Oracle is the only vendor able to offer a complete technology stack in which every layer is integrated to work together as a single system. In addition, Oracle's open architecture and multiple operating-system options gives our customers unmatched benefits from industry-leading products, including excellent system availability, scalability, energy efficiency, powerful performance, and low total cost of ownership.

Starting more than 30 years ago with Oracle's innovative relational database, the Oracle stack today includes Oracle Enterprise Linux, Oracle VM, Oracle Fusion Middleware, and the largest and most complete set of industry and business applications software on the market. The addition of Sun storage and systems technology makes the Oracle stack complete.

Oracle integrates every layer of the IT stack to deliver compelling value, based on high system availability and security, stunning performance, and low TCO. Only Oracle can offer this stack advantage to its customers through deep and seamless integration between the tiers that our Competitors cannot match.

by Oracle :-