...the data and processes of an organization into a single system using many components including hardware, software and a unified database. Many companies utilize ERP software to manage a suite of applications from cost, development, product planning, financial management, to manufacturing. The benefits of ERP systems are not without cost. There is initial implementation, software, hardware, data storage, training, maintenance and upgrade cost that maybe associated with any ERP System. Depending on the size of the company these cost can be in the thousands, to hundreds of thousands, to millions of dollars. For companies like Kennametal, to make significant changes to an ERP System once implemented, or to completely migrate to a different ERP System can multiply those cost. (Wisner, J., Tan, K., & Leong, G., 2012. p. 198). There are many ERP software solutions for major corporations that fit all budgets and offer a variety of features based on a firm’s needs. Three of those companies we will discuss in closer detail are Oracle, SAP, and Microsoft. Each of these companies offer the ability to configure their software to be tailored to an organizations specific demands; whether it be, choosing a type of inventory accounting or how the company choses to recognize its profits. In addition, each of these three companies offer functionality by providing the option to have ERP data housed on a server in a specified location or, an increasingly more popular option, by usage of the...
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...fraud on SAP project The success or failure of implementing ERP software depends on a number of factors. I will look at the case Marin County sues Deloitte: Alleges fraud on SAP project. Marin County filed a complaint against Deloitte Consulting for its role in an over-budget SAP implementation. The lawsuit alleges Deloitte committed fraud and misrepresented its skills and experience. One of the reasons why this ERP system failed was Deloitte knew the County didn’t have any prior ERP or SAP implementation experience and knew it would be depending on Deloitte to guide and manage the project. The complaint also states that Deloitte mishandled staffing, project management, risk management, and testing. When implementing ERP software customers, software vendors, and system integrators typically share responsibility for project success of failure. However, customers purchasing complex systems, such as ERP software, do have a high responsibility that their own projects outcome is successful. In Marin’s contract suggested the County was concerned about its own ability to manage the project properly. Being concerned with your own company’s ability to manage a project in the early stage of implementation is not a good thing and Marin County should’ve controlled the conversation with their system integrators and lead from that premise. It’s up to the customer such as Marin County to lead and drive the result of their ERP implementation project and can’t rely on their system integrator...
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...According to the book “Why ERP?: A Primer On SAP Implementation” by Jacobs and Whybark, the overall situation can be summarized into three main parts. First of all, the novel introduces us with a manufacturing manager of a furniture plant called Billy. His boss, Mr. McDougle, who owns the company, wants to buy his brother’s furniture plant in Ohio. Virtually, Ohio plant has already implemented SAP R/3, and MR. McDougle desires to run the same software at both company in order to get efficiency. Consequently, Billy learns about EPR systems, and he has some considerations of its implementation. Moreover, Billy feels deeply that his plant is operating well with its existing software system (MRP). Then, as a result, Mr. McDougle sends Billy to an SAP training seminar. He attends it to learn more about the system and to decide whether this system is appropriate for the plant. Finally, Billy goes to Ohio to evaluate the SAP R/3 installation in use at there which works successfully, and to learn about how the plant works depending on a comparison between the two companies. He ends up with several concerns about transferring the software from the Ohio plant to his. Finally, Billy presents his final recommendations to his boss, and he gives some guidelines for how ERP systems should be implemented. He agrees that the system will be useful only in accounting sector to provide integrated financial statement at both plants. Mr. McDougle insists the ERP should be implemented as the system...
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...1: What systems are described here? What valuable information do they provide? IT/IS System 1. Digital form: The Company had to establish several infrastructural components such as the computer network, backup system and security policy this enabled the implementation of various systems including time and attendance systems this has saved a lot of lost working hours and has been linked to the ERP. 2. Website – Having an attractive and informative website has become a major need .the website helps many functional departments including marketing HR, sales, and customers services. 3. ERP (Enterprise Resource planning) system: the company has picked Oracle E-business Suite after meeting planning what would really fit their needs. The modules chosen to help automate the business processes were: Oracle financials, inventory management, manufacturing sales and marketing, order management and procurement. CEO and it consultant involvement in the project steering committee and adequate training and change management . Question 2: What are the risks facing El-Alamein in implementing the ERP system? How do you evaluate the actions taken from their side to mitigate those risk factors? A. The company has identified key persons from all the functional areas who will act as change agents and take responsibility of persuading other employees of the importance of the system B. Train users to use the new system and understand how the business process will be affected. They have fostered...
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...Tektronix Inc: Global ERP Implementation 1.Business Context/Key Business Drivers * Tektronix manufactured a broad range of electronic test and measurement equipments, color printers and video and networking products. * In 1993, it was a $1.3 billion manufacturer and a worldwide leader in oscilloscopes with a more than twice the market share of its largest competitor. * It was the number one manufacturer of televisions, measuring and monitoring equipment and color printers. * multiplicity of application systems and no uniformity in technologies in its offices around the world. The Inefficient shipping schedule was inefficient because of problems with inventory. * Errors in order management. * NOo system to measure performance metrics and obtain customer information. * The technologies used were old and redundant technologies. * Inefficient financial administration, operations and profitability analysis was inefficient. 2. The Key Business Objectives: * Replace the legacy systems, do away with the need of manual coordination, * Implement improved information technology for fast and error free customer and organizational information, * Achieve integration in functioning across divisions and countries by creating a common template for various services, * Standardize processes, streamline their financial system, and create a functional order management system 3. Challenges and Solutions...
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...Main Challenges facing Software Houses while developing customized Enterprise Resource Planning (ERP) Systems Research Methods Course Done By Suhaib Adnan Al-Helo (8100611) Supervised By Dr. Amjad Abu Elsamen Dr. Mutaz Al-Debei The University Of Jordan Main Challenges facing Software Houses while developing customized Enterprise Resource Planning (ERP) Systems Introduction The Enterprise Resource Planning (for short ERP) is an information system deals with external and internal organization resources by mean of managing them whether they are financial, materials and even a human resources (Zaitun and Zaini, 2008). Recently, ERP systems became an essential application in every organization; since managing different department resources was massive challenge in the last three decades. Therefore, achieving organization goals can be easier by using a computer based application like ERP system. The adoption of ERP system has more many advantages including enhancing the overall performance of organization, breaking down the complexity of performing business, best managing of the resources (Shimon, 2003 and Darshana, 2001), and increasing operational efficiency and competitiveness (Karimi, Somers and Bhattacherjee, 2007). In accordance to the organization needs and the extensive differences in business processes and functions from organization to another, ERP System used to be highly configurable and dynamic system (Helmut Klaus, Michael Rosemann and Guy G. Gable...
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...Compiere – Open Source ERP Software COMPIERE: OPENSOURCE ERP SOFTWARE Bellalita R. Samik Ibrahim, M. Khalis Anra, Nurlaili Fajriyah, Reishita Indardhati, Rivans Aulia A Maret 2012 ABSTRAK ERP(Enterprise Resource Planning) adalah sistem yang didesain untuk melakukan otomatisasi proses bisnis untuk perusahaan kelas Enterprise (menengah dan besar). Ketepatan pemilihan dan pen erapan dari sistem ERP tersebut menjadi kunci dari efektivitas dan keberhasilan penerapan ERP. Salah satu software yang menggabungkan dan mengotomatisasi data bernama Compiere, yang merupakan software open source pertama yang berbasis Java dan merupakan salah satu software ERP yang paling popular. Alasan utama banyak pihak lebih memilih sistem yang open source (bebas) adalah biaya, fleksibilitas, kemandirian vendor dan generasi pengetahuan internal perusahaan. Kelebihan software ini ialah implementasi cepat , dengan asumsi tanpa memerlukan proses pengambilan keputusan yang panjang, yang umumnya terjadi karena masalah perhitungan biaya dan investasi (serta kerugiannya apabila sistem ternyata gagal) dengan Compiere risiko kerugian sangat kecil. Kata Kunci: ERP, Compiere, open source 1. PENGENALAN COMPIERE 1.1 a. Deskripsi Software Compiere adalah salah satu Server Database software ERP Menggunakan database Oracle versi 9, (Enterprise Resouce Planning) berbasis commercial sehingga secara legal tetap harus membayar open source yang populer saat ini. Perangkat lunak lisensi Oracle walaupun Compiere...
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...ERP Players Comparison SAP, JD Edwards, BAAN Objective • Understand the ERP systems • Identify the major players • Evaluate SAP, J D Edwards and BAAN in terms of market share, revenue, expertise, implementation time etc ERP • Enterprise Resource Planning • ERP refers to automation and integration of a company's core business to help them focus on effectiveness & simplified success. • ERP systems track business resources—cash, raw materials, production capacity—and the status of business commitments: orders, purchase orders, and payroll Major ERP Players • • • • • • • • • • • SAP ORACLE MICROSOFT LAWSON QAD Epicor JD EDWARDS KRONOS BAAN PEOPLESOFT INFO SAP • Systems Application & Products in data processing • It was founded in 1972 by five German engineers • SAP is the world's leading provider of business software • It delivers products and services that help accelerate business innovation for their customers JD EDWARDS • On March 17, 1977 J.D. Edwards was formed, by Jack Thompson, Dan Gregery • JD Edwards is a leading provider of integrated software for distribution, human resource, finance, manufacturing & SCM • J.D Edwards emphasizes on the following three matters • Solution • Relationship • Value • It was purchased by PeopleSoft, Inc. in 2003. PeopleSoft, in turn, was purchased by Oracle Corporation in 2005, and Oracle continues to sell and support Enterprise One and World ERP software line. BAAN • Baan company was founded in Netherlands in 1978 by brothers Jan...
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...for Vodafone, they were able to identify the shortcomings within the infrastructure and rectify the situation before it really started to negatively affect business. 9-15 My understanding of the amount of time needed to effectively make the transformation involves the size of the company, the span with which they cover the globe, and to piggyback on the previous point, the different cultures involved within the company. The adjustment and ability to adapt is going to vary greatly from country to country. 9-16 As stated in the book (MIS, Pg.325), “Vodafone was a network of individual businesses, but it wanted to function more like a single global firm”. In order to do that, they needed to implement an ERP. Also stated, (MIS, Pg.325), “A common SAP ERP system would provide the technology platform for...
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...Study 111-5 Columbia Southern University With wanting to ‘Go Live” on December 30, 1997 NIBCO, Inc. had to put in a lot of hard work and man hours in order for this date to take off. NIBCO is a plant that produces valves and Pipes fittings and is located in Elkhart, Indiana. In 1996 NIBCO, had an annual estimated revenue of $461 million and 3000 on payroll. (Brown, DeHayes, Hoffer, Martin, & Perkins, 2012, p. 468). With a 15 month time frame for the project and a princely$ 17 million budget, NIBCO wanted to change to SAP R/3 at all of their plants including the four new North American distribution centers while endorsing the big bang approach (Brown et al., p. 468). NIBCOs decision to kick start an enterprise resource planning (ERP) systems where mainly contributed to an old outdated system the company could not move forward. The departments all had different systems, many that were alike and repeated some of the same functions, which was a waste of time and money. With the systems not communicating with one another it resulted in the distribution not seeing what the manufacturing was doing and manufacturing could not see what sales and distribution was doing (Brown, et al., p. 470). It was very timely to correct the issues from disconnects and building custom interfaces which would not meet the deadline to improve productivity. The system required a lot of maintenance and required a lot of preparation and changes due to the system crashes. A new and improved system...
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...five member staff at the founding of the company in 1972 to approximately 53,000 employees 38 years later (sap.com ). That is like hiring an average of 1432 employees per year for the last 37 years; a significant contribution by many standards. The company's success and relevance to the world of Information Systems can be attributed to its founders, management, and employees realizing SAP's mission through a vision. It is hard to argue that the company had not done remarkably well, when in 2010 "more than 50,000 customers and other interested people attended SAP's SAPPHIRE Now event either live or online" (sap.com ). Curran and Ladd confirmed the company's success by noting, "SAP is the number one vendor of standard business application software and is the fourth largest independent...
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...Introduction Riordan Manufacturing has placed a service request for all manufacturing locations to gain an overview about all existing software applications in Finance & Accounting, Sales & Marketing, Human Resources, Operations, Legal and Information Technology. All the listed areas within the organization are using various business systems of which each of them represents challenges. The organization is in an urgent need to identify what is needed to improve effectiveness in those areas. This summary is going to serve as a platform to implement systems in the various departments. Finance and Accounting Sales and Marketing The Sales and Marketing team at Riordan Manufacturing has both hard copy and electronic copies of paperwork from various ages. They also have many databases as well. The plan is to consolidate everything into a more convenient electronic storage system. The systems that the company plans to consolidate and track are: Historic Sales Files of Past Marketing Research, Marketing Plans and design awards Sales Database Production Records Profit and Loss Statements by Item and Group Marketing Budget Marketing Budget Anticipated Results Riordan also has a 2-year plan setup to reach the $50 Million in revenue mark. This is slated to occur by the 2006 year. This program is setup in three parts: Strategic sales objectives with corresponding financial goals and roll-out schedules Tactics by marketing mix, timing, and relationship to strategic sales objectives Customer...
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...Riordan Manufacturing Executive Summary ABCO Consulting thanks the Riordan organization for allowing us to do this upgrade analysis. A review of the existing infrastructure at Riordan has been completed and the findings are contained in this document. There will be a listing of what was found followed by a proposed upgrade system layout. The scope of this project is to cover the following systems and subsystems and to explain how they all interact one with another. Finance & Accounting Identify and describe existing system: Riordan’s Manufacturing’s Accounting Services division is responsible for overseeing all financial processes within the company. Everything from AR, AP, payroll, General Ledger, purchasing, inventory controls, metrics, and employee payroll processing has been managed by team of well-qualified members who have demonstrated utmost professionalism for many years. In addition to these many time-consuming tasks, strict quarterly audits are also conducted throughout the company on a regular basis, most of which have met or exceeded industry standards. Therefore, the issue here the company faces is not one of quality, but rather one of efficiency. To date, many of the systems and procedures in place, while affective, are not as streamline or as consistent as they could be. Still others (e.g. audits), although effective, are taking weeks to complete when most similar operations today can finalize internal audits in a matter of days...
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...Business Processes | 18 | 12. | Endnotes | 19 | ENTERPRISE RESOURCE PLANNING SYSTEM ATLAS BATTERY LIMITED Acknowledgement: This project would not have been possible if not for our esteemed faculty Mr. Ahsan Ul Haq, his motivation has made this project possible. The Reason behind this project: This project was given to us inorder to understand how different companies use ERP’s in there everyday work and what kind of advantages does it provide to the company, we choose Atlas Battery LTD because most of their operations are done through the ERP’s they used the tier3i before but now they have shifted to ORACLE Business suite. This project provided us with the oportunity to actually understand the ERP system and the business processes that have been made possible by the ERP system. Introduction of the company: 1. In 1962, starting with an initial capital of Rs.500,000.00, Mr Yusuf HShirazi, the Founder of Atlas Group, established an investment company, Shirazi Investments (Private) Limited (SIL). This event marked the birth of Atlas Group.During this period Atlas Group grew rapidly.With this momentum, in 1966, Mr.Yusuf...
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...SAP FICO: SAP FICO Stands for FI (Financial Accounting) and CO (Controlling). SAP FICO is the important module of ERP and both FI and CO modules stores the financial transactions data. ◾SAP FI is the important module of all SAP implementations ◾SAP FI (Financial Accounting) is used for external reporting i.e. Balance sheet, Profit and Loss statements ◾SAP FICO Module integrates with various other SAP Modules such as MM (Materials Management), SD (Sales and Distribution), PP (Production Planning), PM (Plant Maintenance), and PS (Project Systems). ◾SAP FI (Financial Accounting) Module receives postings from various other modules such as Materials Management, Sales and Distribution, Human Resource) through integration. ◾All accounting-relevant transactions which are made in Logistics (LO) are posted real-time to Financial Accounting by automatic account determination. This data can also be passed on to Controlling (CO). SAP FI Modules contains the following sub-modules ◾General Ledger accounting ◾Accounts Receivables ◾Accounts Payable ◾Asset Accounting ◾Bank Accounting ◾Consolidation ◾Special Purpose Ledger ◾Travel Management General Ledger Accounting: - The general ledger accounting is to provide a complete report for external and internal accounting i.e. Accounts, Journals, Monthly debits and Credit, Balance sheet and Recording all business transactions. Accounts Payable: - The Accounts Payable records and manages all accounting data related to vendors Accounts...
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