Oracle Research Paper

There are five major reasons why companies seize ERP. 1. fuse financial informationAs the CEO tries to puzzle out the companys overall performance, he may accident many different transformations of the truth. Finance has its own set of acknowledge numbers, sales has another version, and the different business units may all(prenominal) contract their own version of how much they contributed to revenues. ERP creates a virtuoso version of the truth that go offnot be questi single and only(a)d because everyone is using the alike(p) system. 2. Integrate node order informationERP systems privy become the take deal where the customer order lives from the time a customer utility 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 undo among many different systems that cant communicate with one another, companies can keep track of orders much easily, and coordinate manufacturing, stock-taking and rapture among many different locations at the same time. 3. regularize and revivify up manufacturing processesManufacturing companiesespecially those with an appetite for mergers and acquisitionsoften attain that octuple business units across the company mother the same wid raze using different methods and figurer systems. ERP systems come with sample methods for automating slightly of the steps of a manufacturing process. Standardizing those processes and using a single, interconnected computer system can save time, increase productiveness and dishonor 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 customers, reducing the faultless redeeming(prenominal) i nventory at the warehouses and shipping dock! s. To really improve the range 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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