|
|
| www.1001TopWords.com |
|
|
Enterprise Resource Planning Overview
ERP (Enterprise Resource Planning) Overview covers What is ERP, Brief history of ERP, Why is it necessary, Market Leaders and the future of ERP. What is ERP? Enterprise Resource Planning or ERP is an industry term for integrated, multi-module application software packages that are designed to serve and support multiple business functions. An ERP system can include software for manufacturing, order entry, accounts receivable and payable, general ledger, purchasing, warehousing, transportation and human resources. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. ERP modules may be able to interface with an organization's own software with varying degrees of effort, and, depending on the software, ERP modules may be alterable via the vendor's proprietary tools as well as proprietary or standard programming languages. Brief History of ERP The focus of manufacturing systems in the 1960's was on Inventory control. Most of the software packages then (usually customized) were designed to handle inventory based on traditional inventory concepts. In the 1970's the focus shifted to MRP (Material Requirement Planning) systems that translated the Master Schedule built for the end items into time-phased net requirements for the sub-assemblies, components and raw materials planning and procurement. In the 1980's the concept of MRP-II (Manufacturing Resources Planning) evolved which was an extension of MRP to shop floor and Distribution management activities. In the early 1990's, MRP-II was further extended to cover areas like Engineering, Finance, Human Resources, Projects Management etc i.e. the complete gamut of activities within any business enterprise. Hence, the term ERP (Enterprise Resource Planning) was coined. Why is it Necessary? By becoming the integrated information solution across the entire organization, ERP systems allow companies to better understand their business. With ERP software, companies can standardize business processes and more easily enact best practices. By creating more efficient processes, companies can concentrate their efforts on serving their customers and maximizing profit. Market Leaders The top five ERP vendors, SAP, Oracle Corporation, Peoplesoft, Inc. (now Oracle Corp.), JD Edwards & Company, and Baan International, account for 64 percent of total ERP market revenue. These vendors continue to play a major role in shaping the landscape of new target markets, with expanded product functionality, and higher penetration rates. SAP dominates the $6.7 billion ERP applications market in Europe with 39% market share. Oracle and PeopleSoft come second and third respectively, followed by SAGE Group and Microsoft Business Solutions. The Future of ERP Industry analysts expect that every major manufacturing company will buy the software, which ranges in cost -- with maintenance and training -- from hundreds of thousands of dollars for a small company to millions for a large company. AMR Research of Boston says consolidation among the major players will continue and intensify. ERP vendors are expected to put more effort into e-commerce, CRM and SCM initiatives, with leaders redirecting between 50% and 75% of their R&D budget to these projects. According to Gartner research group, the rapid evolution of ERP has already lead to a new corporate must-have, ERP II, which is supposed to help businesses gain more competitive edge in the future. The major difference is that ERP II involves collaborative commerce, which enables business partners from multiple companies to exchange information posted on eCommerce exchanges. In the next tutorial we will talk about popular ERP Products and the Modules and Application related to them. For more visualization of this article along with the screen shots and more visit with step by step instructions, http://www.exforsys.com/content/category/17/260/342/ Exforsys is a community of developers specializing in C, C++, C#, Java, J2EE, .NET, PeopleSoft, SAP, Siebel, Oracle Apps., Data warehousing, Oracle/SQL Server/DB2 and Testing. Please visit http://www.exforsys.com for more tutorials, for IT Interview questions visit http://www.geekinterview.com, for articles and resources visit http://www.itquestionbank.com
|
|
|
|
RELATED ARTICLES
Daffodil DB: Web Database What is a Web Database? Microsoft Navision Database Selection: C/SIDE or MS SQL Server - Overview For IT Specialist There are certain pluses and minuses in both cases and you should make your decision, based on your company needs. We'll give you some hints in this subject and you should know then where to look further. How To Create A Data Capture Procedure Checklist For Your Small Business CRM Software Fortunately one of the most common reasons cited for the high failure rate of CRM systems - poor data quality - is also one of the easiest to avoid. Your CRM software is only as good as the information it contains. As the old programmers motto goes 'garbage in, garbage out'. Business Plan Software Review: Ultimate Business Planner? One of the main reasons business owners and entrepreneurs use business plan software is to simplify building their financial models. Even with an explosion in business plan software packages on the market today, "doing the financial projections" is still often cited as the most difficult part of completing a business plan. Yet, software can still simplify financial forecasting. Quick Summary of Basic and Common Linux Commands There are many commands that are used in linux on a daily basis, ones that everyone should know just to get by. Like back in the days of DOS, you had to know how to work with the command line and how to navigate around. Learning new commands is always hard, especially when there are so many new ones that don't always seem to make sense in their names. Rapid Application Development - Is it Really a Need of Today? Rapid Application Development (RAD) is a software development methodology. In this competitive world, software product delivery time should be as little as it can be. The RAD is a way to this. As the name suggests, RAD technique allows RAPID application development, with development time, usually, 30 to 90 days. Dig Out That Worm Internet worms.Is your PC infected? Kick-Ass Performance For Your PC? Its Easy Is your PC is slow and wimpy? Then you need some PC steroids - software applications that will cleanse the registry, optimize RAM and make that puppy fly. Here is what you should start with. Software Piracy - Global Increase Pirated software is on the increase and now accounts for over one third of the software installed on the world's computers and it's cost the software industry a staggering, $28bn (£12bn) last year in lost revenues. That's the startling claim of the UK based, Business Software Alliance. Their annual survey of global software piracy shows that some 36% of software applications were illegally installed and being used during 2003. Behave, Word, Behave! If you copy something from a Web site or elsewhere... or you reuse a document and the formatting is making you crazy with its weirdness, then stop the insanity. The first option to make the document behave loses some of the formatting. You can always undo the changes if you don't like it by pressing CTRL+Z. To dump some of the formatting, press CTRL+A to select all and then select "Normal" from the style drop-down box in the left corner next to the AA as shown in the picture. This changes some of the formatting. If it's too much, remember CTRL+Z is there. If it's not enough, try option two. Corel WordPerfect 7 Macro Programming Example Case study:A secretary using Corel WordPerfect 7 is often required to carry out calculations and insert the values into invoices or other documents. Google Brings the Earth to Your Desktop Google Inc. has launched a new software package that allows you to see satellite images on your desktop. Microsoft Great Plains FA: Fixed Assets ? Overview For Consultant Great Plains Fixed Assets Management module is a robust tool that can help you manage your assets effectively. It integrates perfectly with other Great Plains modules like General Ledger, Purchase Order Processing, and Payables Management ensuring accuracy while reducing redundant data entry. Microsoft Great Plains ? Licensing & Product Versions Current Microsoft Business Solutions Great Plains has more that 10 years of history. Former Great Plains Software had two lines of Great Plains: Dynamics & Dynamics C/S+, later on renamed into eEnterprise. In this small article we would like to give you first directions when you look into Great Plains purchase and implementation or upgrade your existing product. Also we'll clarify on annual enhancement program reenrollment and getting technical support from Microsoft Business Solutions or third party. We will talk about customization, because it would be outside of the tiny article format. You need to know that Great Plains is written in Great Plains Dexterity and customization is possible in Dexterity, SQL, Extender, Modifier/VBA, Continuum, eConnect. Linux vs Windows Operating Systems With so many Microsoft Windows related viruses, errors, and other software problems, many average computer users are looking at alternative operating system platforms, such as Linux. It is important that users, frustrated with Windows, don't simply install a version of Llinux without knowing what they are in for. There are many important differences between Windows and Linux that anyone considering a change should be fully aware of. Herein we discuss some of the similarities and differences between Windows and Linux so you can get a better idea as to which operating system is really best for you. Spyware, Adware, etc. -- Terms and Common Sense When reading an article where some term is used often, it is useful to make sure the author of the article and you mean the same. Not surprisingly for those who still remember English lessons at school, every noun ending with "ware" is a mixture of objects having something in common--usually used for similar purposes. So it tends to be when "ware" is short for "software"; sometimes it's pretty tricky to define exactly what kind of software it includes and what these programs do. Brief Notes About Mainframe Software Pricing We don't think about mainframe software pricing anymore, we just go out buy a server hardware/software "package" from Microsoft, but did you ever tink about how they got their ideas for the usage licence, it all started with IBM and the introduction of Cmos logic technology in 1994, simnce then mainframe software pricing has steadily became disproportion to the comparatively minute hardware costs, which has been stated to be "typically four to five times the hardware cost" in terms of the system budget. COSMIC: A Small Improvement on the Symons Method The COSMIC FP (function point) software quality metric, is no longer 'proposed' but an actual system in use and internationally recognised, whereas MarkII, like other older systems, is not recognised anywhere, and, even in the UK is in decline if not actually dormant, so this debate is already over. Three Steps To Windows Safety Heaven Now there are Three Steps To HeavenJust listen and you will plainly seeHow virus and hackers attack and destroyYour precious internet-connected computer toyJust follow steps one, two and three What is Shareware? Shareware is software that you can try before you buy; shareware is a kind of marketing method for software. Software developers post trial versions of their software on websites. Consumers can then download the trial version to their computer and evaluate it. If the consumer likes the software they can purchase it. Shareware is also called try before you buy.
|
| © Athifea Distribution LLC - 2013 |
