Enterprise Resource Planning (ERP) is software used for business management. It usually comprises of a number of integrated applications that operate from a central database and a common platform. It is used by companies to effectively utilize their resources and to facilitate the flow of information between their business functions and with their stakeholders (Ray, 2011). Since ERP solves many of the challenges that companies face in trying to manage their resources in the best way possible, the business of ERP solutions has become very lucrative. Hence there are a number of ERP software that a company may choose to adopt.
One of the leading ERP software vendors is SAP SE, a German company. SAP was hived off of IBM and was the first company to develop ERP software. In earlier versions of SAP, applications were built on top of a SAP Web Application Server which had all the capabilities of SAP Basis, SAP’s collection of middleware programs and tools. The latest version the software suite, SAP ERP 6.0, was released in 2006, while the last Enhancement Package (EHP7) for the SAP ERP 6.0 was released in 2013. SAP ERP is part of the SAP Business Suite of applications. It collects and combines the data from these application modules thereby incorporating the key business functions of any organization that adopts it in its operations. The applications modules support resource management in marketing and sales, human resources, product design and development, production and inventory control, accounting and finance.
Another ERP software vendor is PeopleSoft. It was founded by David Duffield and Ken Morris in 1988. It began with a collection of applications for payroll accounting and human resources management. It strengthened its application offerings in the area of supply chain by acquiring another ERP software vendor JD Edwards in 2003. PeopleSoft was then acquired by Oracle in late 2004 (Wagner and Monk, 2008). Oracle continues to market the PeopleSoft name and product line and releases Feature Packs as updates to the suite of PeopleSoft applications. The original architecture of PeopleSoft was based on a two-tier, client-server approach which had a dedicated client. Later the whole suite was refactored to enable access using a web browser. The PeopleSoft suite of applications can work like an ERP, much like SAP, and it can also be used for single application modules like Human Capital Management (HCM), student administration, manufacturing, Customer Relationship Management (CRM), Enterprise Performance Management (EPM), and
briefly research of IBM’s ERP systems Outline Introduction…………………….…………………… 02 IBM Products……………………………………….. 03 Competitive Advantage……………………………. 08 Conclusion………………………….……………..... 09 Final Reference……………………..……………….10 Introduction In the era of globalization, business organizations are facing increasing numbers of challenges from peer companies all around the world. They keep changing their marketing strategies, improving products, and developing new management systems to gain more competitiveness…
Facing the possibilities of future growth and becoming a more global company, NIBCO’s management analyzed their current information systems and came to the conclusion that NIBCO was actually information poor. They came to the conclusion that they could no longer continue to grow with their current information technology, which consisted of a series of legacy systems and reporting tools that were unable to communicate with each other. Distribution could not see what manufacturing was doing and manufacturing…
Table of Contents Introduction 2 ERP Implementation Process 3 Implementation Obstacles 8 Implementation Success Level Analysis 9 Suggestions for Improvement 10 Conclusion 10 References 12 Appendix 14 Introduction To be successful in today's competitive and continuous evolving information technology (IT) market companies must be able to utilise their skills, information and knowledge to the highest efficiency level possible. Utilisation of and control…
made to engage business management in selecting software for their individual areas, and/or agreeing to participate in the ERP implementation project. List and explain reasons why management would hesitate to become engaged in the IT process/project. Below are reasons Cisco hesitated to take on an ERP project: a) Fear of decentralization b) Fear of “mega-projects” that ERP implementation often becomes c) Disruption to the business d) Need for strong internal team and strong partners e) Balancing…
data integrity” Critically analyse the human, system and organizational issues that may be faced implementing an AIS such as ERP. Introduction Enterprise Resources Planning, which is evolved from its previous level, general Information System aims to integrate a set of business processes which together serves common business functions, such as accounting, inventory control and business projecting, etc (Charalambos & Sylvia, 2004). ERP system has its primary objective to improve the decision-making…
necessarily work for another company. A business can be anywhere from one person to thousands of people. The size of the business is a huge factor in determining what kinds of Information Systems should be implemented. For a business to be ultimately considered successful, it needs to have the right Information Systems (IS) implemented because although a great IS does not guarantee success, it is a huge factor in contributing to success. Because IS supports business operations in many fields of an organization/business…
products, ERP implemented. 2. An ERP is a collection of integrated software for business management, accounting, finance, human resources management, project management, inventory management, services and maintenance, transportation, e-business and SRM, CRM and e-collaboration. 3. The central notation behind an ERP system is that it includes all technology systems and software in organization. 4. ERP systems are big business; the U.S. federal government spent about $7.7 billion on ERP products…
ERP: Better Business Solutions Enterprise Resource Planning better known as ERP is a business management information system comprised of business applications that companies use to store, collect, manage and interpret information for business activities. “ERP systems are often used by large business and they are customized and analyzed by different teams in order to fit the different priorities and obligations of the business.” (Webopedia, ERP Term). The enterprise applications integrates and connect…
CIO. He realized that the IT department was not able to contribute enough to the business, in other words, the internet technologies failed to give enough value to Cisco’s business. Moreover, Cisco’s system at that time was not capable of keeping in pace with the growth rate of Cisco; indeed, the system was lack of scalability, flexibility, and robustness. For these reasons, we can deduce that Cisco’s growth was impeded at that time because its growth was hampered by the misalignment between business…
BUS 771 ERP Final Application Paper Enterprise Resource Planning (ERP) systems are rapidly becoming more and more common in today’s industries, in fact you would be hard bent to try and find any sizable company that is not using some form of ERP. Companies are implementing ERP systems to help them become more efficient in their everyday processes in turn making them more lean and profitable as well as being more reliable to their customers. These companies set these goals of the ERP system but they…
