Friday, October 26, 2007

ERP Products

Having realized the importance of ERP in an organization, the market was ready with a number of ERP applications. Oracle came up with Oracle Apps E business suite, Axapta developed by Damgaard Data A/S (which later merged with Navision and was finally acquired by Microsoft) and SAP to name a few.

SAP (Systems, Applications, and Products in Data Processing), manufactured by SAP AG is the leading ERP software package. SAP was the first to integrate a corporation's worldwide functions tightly into one application. SAP redefines enterprise resource planning – delivering role-based access to crucial data, applications, and analytical tools. It addresses the core business software requirements of the most demanding midsize and large organizations – in all industries and sectors. It improves alignment of strategies and operations. This not only increases productivity but also reduces cost through increased flexibility.

Oracle E-Business Suite (Apps) is the industry's only complete and integrated set of enterprise applications, working together seamlessly to streamline every area of your business—from sales, service, and marketing, through financials and human resources, to supply chain and manufacturing. Oracle E-Business Suite is your fastest path to high-quality enterprise intelligence, bringing your company a true 360-degree view of your finances, your customers, and your supply chains, so you can make faster, better decisions and grow profitability in a competitive marketplace. With Oracle, you can now have an integrated suite built on unified information architecture—with the functionality you need in each individual application. These applications connect business processes within and across departmental, geographical, and line-of-business domains. With Oracle E-Business Suite’s depth of product functionality and breadth of product offering, you can take your business further by automating processes across the enterprise.

Microsoft Dynamics AX is an all-in-one solution that can scale as your organization grows. The three-tier, object-oriented architecture of Microsoft Dynamics AX integrates with other Microsoft technologies, such as Microsoft SQL Server, offering a high-speed server-side performance and the capability to scale your IT infrastructure easily, so the solution can grow with your company. It also gives you built-in multisite, multilanguage, and multicurrency capabilities which meet the local tax, regulatory, and market requirements. Axapta being relatively new to this industry is yet to make its mark and is facing tough competition from other ERP leaders like SAP and Oracle Apps.

Thursday, October 25, 2007

ERP

Enterprise Resource Planning (ERP) systems integrate (or attempt to integrate) all data and processes of an organization into a unified system. The term ERP originally implied systems designed to plan the use of enterprise-wide resources but today it has a much broader scope. ERP systems typically attempt to cover all basic functions of an organization, regardless of the organization's business or charter.

ERPs are cross-functional and enterprise wide. All functional departments that are involved in operations or production are integrated in one system. In addition to manufacturing, warehousing, logistics, and information technology, this would include accounting, human resources, marketing, and strategic management In short ERP helps to integrate the datas in an organization under one common platform. The purpose behind is not only to ensure transparency but also to facilitate tracking down information regarding the status of a particular order or its dispatch and so on.In the absence of an ERP system, a large manufacturer may find itself with many software applications that do not talk to each other and do not effectively interface.

It helps in having a say over your competitor and adapting to the whims and fancies of the market and business fluctuations globally. ERP is suitable for global operations as it encompasses all the domestic jargons, currency conversions, diverse accounting standards, and multilingual facilities .In short it is the perfect commercial and scientific epitome of the verse "Think Local. Act Global".

In spite of rendering marvelous services ERP is not free from its own limitations. ERP calls for a voluminous and exorbitant investment of time and money. The amount of cash required would even be looming on the management given the fact that such an outlay is not a guarantee to the said benefits but subject to proper implementation, training and use which is in the hands of consultants hired ( I have mentioned the glorious nature of consultants in my last post..!!)

I as an ERP Consultant, would recommend ERP in an organization not only because the advantages outnumber the disadvantages but also by keeping in mind my future.


PS : I think I have passed the first test as a consultant because I could rant so much on a topic which I hadn’t even heard of 3 months ago.

My start as a consultant

Now that I have been a consultant since last 3 months, I can only say that a consultant is a person who borrows your watch, tells you what time it is, pockets the watch, and sends you a bill for it. And all of you who can rant well can become successful consultants. So here I start my ranting practice sessions.