An ERP system are the software tools that are used to manage Enterprise Data. ERP System helps various organizations to deal with supply chain, receiving, inventory management, production planning, finance/accounting, Human Resource Management and other business function.
Oracle ERP :
Oracle Corporation was founded in the year of 1977, and it is the world’s largest software company and leading supplier for Enterprise Information Management. This is the first software company which implement internet computing model for using Enterprise software across entire product line.
It also provides database and relational services, application development tools and Enterprise Business Application.
Oracle was founded in 1977 by Larry Ellison, Bob Miner and Ed Oates under the name of Software Development Laboratories. Initially they created Database by inspiring from IBM later on they started other services like providing Enterprise Software.
In 1995, they change their name to Oracle Corporation. Oracle corporation owned various ERP Companies like PeopleSoft, JD Edward, Ban ERP etc.
In 2012 Oracle shifted their ERP Software Solutions into Cloud basis. Now Oracle provide cloud based ERP Software. Oracle cloud based technology of providing ERP System had come in India in 2017.
Technology and Product :
Oracle Software runs on network computers, work station etc.
Oracle 8i is the leading database used for internet Enterprise Computing.
Oracle consist of 45 plus software Modules which is divided into following modules:
- Oracle Financials –
This module includes Account Payable, Account Receivable, Cash Management, Fixed Assets etc.
- Oracle Human Resource –
The module of Oracle records basic demographic and address data, selection, training and development, capabilities and skills management, compensation planning records and other related activities.
- Distribution Module –
This module includes sales management, purchase management, and warehouse management etc.Tools and Utilities : This includes server platform, database, Programming Language.
- Oracle Projects : This module includes –
Project budget, project definition, project cost estimation, project planning etc.
- Oracle Manufacturing –
This module consist of Cost price calculation, billing, Material Requirement planning etc.
- Oracle Supply Chain –
This module deals with the supply of products to the consumer’s and various other components related to Supply Management.
Oracle Warehouse Technology Initiative is one of the fastest comprehensive program in data warehousing industry which provide Customers a complete data warehousing solution.