Oracle Research Paper

There are five major reasons why companies come up upon ERP. 1. fuse financial informationAs the CEO tries to forecast the companys overall performance, he may chance many different interpretations of the truth. Finance has its own set of put across numbers, sales has another version, and the different business units may all(prenominal) charter their own version of how much they contributed to revenues. ERP creates a virtuoso version of the truth that lavatorynot be questi genius and only(a)d because everyone is using the alike(p) system. 2. Integrate guest order informationERP systems sewer become the take betoken where the customer order lives from the time a customer emolument representative receives it until the loading dock ships the merchandise and finance sends an invoice. By having this information in one software system, rather than disconnect among many different systems that cant communicate with one another, companies can keep track of orders mo re easily, and coordinate manufacturing, stock-taking and transportation system among many different locations at the same time. 3. regularize and speed up up manufacturing processesManufacturing companiesespecially those with an appetite for mergers and acquisitionsoften attain that denary business units across the company mother the same wid trim back using different methods and information processing system systems. ERP systems come with sample methods for automating nearly of the steps of a manufacturing process. Standardizing those processes and using a single, interconnected computer system can save time, increase productiveness and turn off head count. 4. Reduce inventoryERP helps the manufacturing process stop more smoothly, and it remediates visibility of the order fulfillment process wrong the company. That can lead to reduced inventories of the stuff used to make products (work-in-progress inventory), and it can help users better plan deliveries to custo mers, reducing the faultless life-threaten! ing inventory at the warehouses and shipping docks. To really improve the flux of your supply chain, you need supply chain...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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