ORACLE Enterprise Resource Planning (ERP): ERP is an integrated suite of software covering various organizational systems for companies across industries. They follow industry standards on software and connectivity and are deployable easily.
ORACLE ERP is also called ORACLE EBS (Enterprise Business Suite) , ORACLE APPLICATIONS, and ORACLE APPS.
1. Main features of an ERP
Software package covering major organisational systems. All areas are integrated seamlessly
Are tested suite of programs.
General package applicable to most industries.
Have best benchmarked processes.
Usually have a clear technology roadmap.
Can be easily deployed but in the manner recommended.
2. Why ERP?
Concentrate on core business with less dependence on software development.
Support global business.
Improve data integrity and organizational systems.
Improving decision support.
Enhancing efficiency through redefined processes.
3. Popular ERP systems
Oracle Apps (+ PeopleSoft, JD Edwards)
SAP R/3
Baan
MFG Pro
RAMCO and
Some industry specific or solution specific ERPs.
4. Companies that deploy ERP
Large enterprises – Manufacturing, services, public sector, multi-nationals etc. Most have ERP deployed.
Medium sized companies – Have moved in aggressively – a promising area of business for ERP vendors.
Small sized organizations – Are increasingly viewing the solution. New products hit the market.
5. A Strategic Tool (ERP)
ERP has to be viewed as a tool for business and not as a software tool needed for replacement.
Business drivers need to be clearly spelt out and documented.
ERP should be seen as a tool helping organization to grow or help enhance capability to compete in markets.
Example – an automotive company looking at optimizing the supply chain and increased responsiveness to market.
Example – a company looking at replacing existing legacy systems and for an ROI on the investment made in ERP.
6. Summarize
ERP is a medium adopted by many organizations. Is a state-of-the-art approach.
ERP implementation is an organization wide project and hence requires management attention and commitment.
Organizations need to view ERP as a business tool for addressing organization objectives and strategies.
ERP is a long term strategy and therefore requires commitment.
