overview of erp

oracle application training

Oracle application training by Mr Prasad V.

1 Overview of ERP

Consider Real Time scenario

Business : Book/Stationary Shop Keeper

Dealer : International dealers Pvt. Ltd.

Let us Classify the business growth into 3 stages.

Entities Identified:

Dealer -- > Vendor

Shop Keeper -- > Owner

People Buying Items --> Customer

Store Room -- > Inventory

Stage 1:

Daily Job:

Collect goods from Vendor.

Sell items/goods to customers.

If any goods out of stock note it down to order it from vendor

Daily accounting - Profit and Loss.

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2 Stage 2:

After a year your business is developed & you are becoming a whole sale dealer.

Changes in Business

Many Branches

Hire people for working.

Maintaining a small database for the business.

Transportation services.

Daily Job:

Collect goods from vendor & store it in inventory.

Take order from shop keepers.

Maintain a small database for goods, shopkeepers and employees.

Delivering items to customers.

Stage 3:

Changes in business

Worldwide Branches and customers.

Developed as a Multinational Organization.

International Transportation.

E commerce, Phone Marketing, etc..





3

Workload in business

Now the owner of the business can't go to sites (all over the world) daily.

He has to maintain a big database for his business to run continuously.

Need to manage inventory activities (how much is sold, received items etc.)

Need to maintain the employees and their benefits (needs Human Resource management team).

Need to calculate accounting.(profit & loss for worldwide business).

Asset Management.

Therefore, to maintain & control these kinds of situations oracle corporation have created huge software known in the category of ERP (Enterprise Resource Planning) as Oracle Applications.

To integrate all these activities and to run the business ERP is necessary.





overview of erp

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