Software Information |
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
MORE RESOURCES: Unable to open RSS Feed $XMLfilename with error HTTP ERROR: 404, exiting |
RELATED ARTICLES
Great Plains Dexterity Development: FAQ Microsoft Business Solutions Great Plains is Dexterity-written application and currently we see increased interest for Great Plains customers to do in-house Dexterity development and customization. Dexterity itself is written on C programming language and its initial architecture was based on the Graphical and Database platform independence, which C programming language was believed to provide. 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.This trend has given rise to growing concerns over the direct results of current software pricing techniques which are leading to problems such as making smaller applications costly to operate on large systems. Resume Software - Advantages Revealed The various resume software offered, particularly on the internet, can seem very attractive to job seekers; especially to those not comfortable writing resumes. At first glance resume writing software can provide a number of perks and can appear to be the perfect solution to many job seekers. Understanding XML Server XML Server can be a Web Server that stores the XML files in it and serves them on demand. The XML Server would have processing capabilities with an XML engine and to transform the XML document to other forms. Theres Gold in Your Websites Server Log Many Webmasters have never bothered to view their website's server log. Ignoring your server log is like flying with a blind pilot. Demand More From Your Lead Tracking Software An integral part of any quality CRM system is lead tracking software. This is the part of the system that helps you gather customer data from your sales force. Mapping Software: Putting Data Visualization on the Map Mapping Software Improves Data VisualizationFrom the outset, it is important to clarify exactly what mapping software is and what it has to do with data visualization. If you are looking for driving directions for your next road trip, this is not the article for you. Microsoft Great Plains Implementation: Verticals - Wholesale Order Entry center - overview Microsoft Business Solutions Great Plains has substantial market share and strong support by Microsoft on the US market. Currently we see the trend in the vertical markets when companies with custom-built accounting application, usually written on legacy platform are switching to standard and proven ERP solution and customize or tailor it to fit their vertical market requirements. Microsoft CRM Implementation - US Market Lessons Microsoft CRM is CRM answer from Microsoft Business Solutions. If you compare it to other traditional CRM applications, such as Siebel - you will see that Microsoft CRM does use all the resent Microsoft technologies, that means that Microsoft targets its CRM to Windows market exclusively, plus this means that Microsoft CRM is more difficult in its installation. How To Avoid Getting Hooked By Pfishing "Pfishing", sometimes spelled "Phishing", is a word that's used to describe amethod of identity theft where con men use fake e-mail that looks like it comesfrom legitimate sources. This e-mail is designed to hoodwink you into givingout personal and financial information. Basic Tips and tricks for Windows XP Running Applications in Compatibility ModeWith Windows XP, you can run programs as if though they were being run under a different operating system. (This is known as "emulation". Snort for Network IDS What is Snort?Snort is an open source network intrusion detection system (NIDS) that can audit network traffic in real-time. Snort is a packet sniffer, a packet logger, and a network intrusion detection system. Razzle Dazzle Them Once upon a time not so long ago, there was a little boy who went to the market to try to sell his wares. He wasn't having any luck. Microsoft Great Plains: Service Business Customization & Integration Example Microsoft Business Solutions Great Plains might be considered as ERP platform, ready for customization and integration. Microsoft Business Solutions partner typically does one of the two things: specializes in the industry (in this case it goes for the nation-wide clientele) or specializes in the local or regional market. Blind CC (Bcc): Master Its Use When E-Mailing If you use Microsoft Outlook (or similar applications) for e-mailing, then you are familiar with the fields at the top of a new mail message, right? Of course, in the "To.. Microsoft Great Plains Implementation & Customization: Computer Parts Retailer Example Microsoft Great Plains fits to majority of horizontals and retail business is good fit as well. We'll consider the system, consisting from Microsoft Great Plains as Accounting, Inventory Pricing and Microsoft Retail Management System (RMS) Headquarters and Store Operations Manager. Will Adobe Manage to Replace Industry Work Horse Quark Express by Giving Adobe InDesign for Free? And kill the best layout software in the process of gaining market share?***Heard about the Quark "killer"?Adobe InDesign CS2. Will it really "kill" Quark? Adobe has been saying "it will" for the last six years or so, but it hasn't happened. Is Your Family Protected? When you think about Security, what do you think of? We all have one device or another to assist in keeping us safe. We have pad locks and security systems to safe guard our home, alarm systems to protect the equipment in our cars, parental controls on our cable TV and satellite accesses. Story Development Software: Good or Evil? In the early days of the personal computer, we're talking the mid-'80s here, there was speculation that someday books would all be writen by computers. It sounded a little too science-fictiony for most writers. Microsoft Great Plains Jewelry - Implementation & Customization Overview Each Industry and market niche has business specific and unique requirements to ERP/Accounting System. Microsoft Business Solutions Great Plains is ERP platform, ready for third party modules additions and customizations, plus being SQL Server-based system it opens you wide spectrum of integration options and tools. |
home | site map | contact us |