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Erp
Erp
Edwards:
What is J.D Edwards?
J.D. Edwards World Solution Company or JD Edwards, abbreviated JDE, JD Edwards
EnterpriseOne is a suite of enterprise resource planning (ERP) software that is
developed and sold by Oracle Corporation.
Oracle has developed this ERP-solution especially designed for the demand-driven
environment. With JDE organizations can integrate different aspects of their
business in one system. Hence, this allows all different business units to improve
their cooperation but also helps to detect potential problems before they cause
damage. Either before or after the ERP-system has been implemented, it can be
adapted to fit to the way your business works and according to your organization’s
structure.
JD Edwards EnterpriseOne contains more than 80 separate application modules
designed to support a wide range of business processes. The suite includes supply
chain management (SCM) software as well as applications for financial
management, project management, enterprise asset management, order,
manufacturing and operational reporting. The software suite also features mobile
applications that support both iOS and Android and can be used on smartphones
and tablets.
History
EnterpriseOne was originally developed by J.D. Edwards, an ERP vendor that
released the first version of the suite in 1997 under the name JD Edwards
OneWorld. The name was changed to JD Edwards EnterpriseOne after J.D. Edwards
was acquired by PeopleSoft Inc. in 2003. In 2005, Oracle acquired PeopleSoft, and
with it the JD Edwards technology. The following year, Oracle announced that it
would continue to develop and support JD Edwards EnterpriseOne indefinitely.
The company name was derived from the initials of its founders’ names, “J” for Jack
Thompson, “D” for Dan Gregory, and “Edwards” for “Ed” Edward Mc Vaney.
JD Edwards was the very first ERP solution company and they got their name by
building accounting ERP software for IBM(International Business Machine)
minicomputers in the late 1970s.
Today, JD Edwards offers a holistic enterprise solution, helping organizations
manage every asset of their business, including financials, sales, inventory,
manufacturing, human resources, customer relations and much more.
Features of JDE
Following are the features of JDE:
• Financial Management
• Project Management
• Asset Life Cycle Management
• Order Management
• Manufacturing Management
• Reporting
• Mobility
Financial Management
Financial management is designed to help stream line finance department
processes and improve financial reporting accuracy.
Accounts Receivable, Accounts Payable and General Ledger accounting can all
benefit from this flexible and collaborative tool that links seamlessly with all other
JD Edwards Enterprise One Software solutions.
Project Management
You can actively manage projects from start to finish with Enterprise One Project
Management.
This module helps improve the way complex contracts are managed, streamline
repetitive billing processes for sales and purchasing, and integrate projects
throughout the extended enterprise, to increase financial control and gain better
project performance.
Order Management
Manufacturing Management
The manufacturing module can help businesses optimize and develop efficient
processes to achieve superior customer satisfaction.
Mobility
Workforce mobility has become a requirement to remain competitive in today’s
fast-paced business environment. Mobile devices are being used in all aspects of
business not only as a source of real-time information but also as a way to improve
efficiency and performance.
History
Microsoft Dynamics AX was originally developed as a collaboration
between IBM and Danish Damgaard Data as IBM Axapta. Axapta was initially
released in March 1998 in the Danish and U.S. markets. In September 2011,
Microsoft released version AX 2012. It was made available and supported in more
than 30 countries and 25 languages. Dynamics AX is used in over 20,000
organizations of all sizes, worldwide. The newest version, released in February
2016,[7] dropped the nomenclature of year and version and was simply called AX.
General Ledger – ledger, sales tax, currency, and fixed assets features
Bank Management – receives and pays cash
Customer Relationship Management (CRM) – business relations contact and
maintenance (customers, vendors, and leads)
Accounts Receivable – order entry, shipping, and invoicing
Accounts Payable – purchase orders, goods received into inventory
Inventory Management – inventory management and valuation
Master Planning (resources) – purchase and production planning
Production – bills of materials, manufacturing tracking
Product Builder – product mode creation and maintenance
Human Resources – employee information
Project Accounting – projects creation and tracking (primarily from an
accounting perspective)
Basic – data configuration
Administration Module – system configuration
Procurement and Sourcing
Sales and Marketing
Store, manage, and interpret data.
AX 2012 R3
Call Center - employees take orders over the phone and are able to create sales
orders
General Ledger - the ability to transfer opening balances in balance sheet
accounts to a new fiscal year
Inventory and Warehouse Management - compare item prices, enhanced
posting routine and a new Inventory aging report
Master Planning - estimate future demand and create demand forecasts based
on transaction history
Procurement and Sourcing - create your own solicitation request for RFQs, and
more
Production Control - a new option to automate material reservations
Project Management and Accounting - new on-account billing rules and fee
transactions that modify invoice proposal sales prices
Public Sector - now able to publish a request for quotation (RFQ) to the Vendor
portal and now have the ability to view details of closed RFQs
Retail - commerce Data Exchange, updated retail server, new retail hardware
station, and more
Sales and Marketing - register serial numbers during sales processes when
preparing the packing slip or the sales order invoice
Transportation Management - plan transportation for inbound and outbound
shipments, configure rating structures and view driver check-in and check-out
history
Trade Allowance Management - define merchandising events, manage trade
fund budgets, process customer payments (including deductions, and more
Warehouse Management - configure inbound and outbound intelligent
workflows, use scanners/mobile devices to optimize precision in the picking and
put-away processes, and more
Extended core
The following modules are part of the core of AX 2009 (AX 5.0) and available on a
per-license basis in AX 4.0:
Architecture
The Microsoft Dynamics AX software comprises four major components:
The Database Server, a database that stores the Microsoft Dynamics AX data
The File Server, a folder containing the Microsoft Dynamics AX application files (in
AX2012 application files are stored in the database)
The Application Object Server(s) (AOS), a service that controls all aspects of
Microsoft Dynamics AX's operation
The Client(s), the actual user interface into Microsoft Dynamics AX
Microsoft Dynamics GP:
What is Microsoft Dynamics GP?
Microsoft dynamics GP (Great Plains) is full featured financial management/ERP
software built on the affordable and highly-scalable platform of Microsoft
technologies. It is designed to meet the needs of growing companies at a price you
can afford. More than just accounting software, Dynamics GP is an ERP solution
that helps small and medium-sized businesses gain greater control over your
financials, inventory, and operations. Get up and running quickly with a solution
that is flexible, configurable, and designed to grow with you.
Microsoft Dynamics GP is a mid-market business accounting software or ERP
Software package for managing multi user accounts, financial management, and
supply chain management of mid size to large business organizations. It uses either
Microsoft SQL Server 2005, 2008, or 2012 to store data. Microsoft Dynamics GP is
written in a language called Dexterity.
History
The Dynamics GP product was originally developed by Great Plains Software, an
independent company located in Fargo, North Dakota, which was run by Doug Bur
gum.
Dynamics Release 1.0 was released in February 1993. It was one of the first
accounting packages in the USA that was designed and written to be multi-user and
to run under Windows as 32 bit software. In late 2000, Microsoft announced the
purchase of Great Plains Software for $1.1 billion. This acquisition was completed
in April 2001.
Macros
Great Plains was one of the first accounting packages with capability to record and
play back macros. Macros are saved in .MAC files in the Dexterity programming
language.
The MAC files are editable text files. Macro files are very different from the VBA
files found in the Microsoft Office products.
Dynamics GP macros cannot make decisions, but merely play back keystrokes
recorded by a user. Microsoft Dynamics can also have VBA functionality attached
to forms and reports to carry out decisions.
Dynamic GP Includes
Financial management and accounting
Manage your cash, assets, and banking.
Customization Tools
It includes customization tools to enable .NET developers to create real-time,
transactional connections between Microsoft Dynamics GP and other applications
and expand potential for new features and functionality.
Advantages
Microsoft Dynamics GP enhances Productivity
In June 2000, PeopleSoft released version 8, which was web based and not client
application based. The underlying development architecture remained unchanged,
which surprisingly meant that very little new knowledge was required to deploy the
web version vs. the client application version.
PeopleSoft now provides users with an integrated ERP software package that
assists in the day-to-day execution of various business operations. PeopleSoft
applications are used by human resource departments in large corporations. These
applications include human resource management systems (HRMS), customer
relationship management (CRM), financials and supply chain management (FSCM)
and enterprise performance management (EPM).
Evolution:
1987 : First PeopleSoft ERP launched
- Addressing Management of payroll, benefits, travel, expenses and vacation of
all employees was the key focus of the first product
1997 : PeopleSoft 7 released
- They upgraded the supply chain and finance modules, and added the
functionality for analyzing business data
Products:
Human Capital Management
Financial Management
Supplier Relationship Management
Enterprise Services Automation
Supply Chain Management
PeopleTools – Tools and Technology
SAP Software was Founded in 1972 by Wellenreuther, Hopp, Hector, Plattner and
Tschira.
SAP is number one in the ERP advertise. Starting at 2010, SAP has in excess of
140,000 establishments around the world, more than 25 industry-explicit business
arrangements and in excess of 75,000 clients in 120 nations.
Other Competitive results of SAP Software in the market are Oracle, Microsoft
Dynamics and so forth.
Why SAP ERP is Required?
Suppose a client approaches sales team asking for a particular product. The sales
team contacts to inventory department to check the availability of the product.
To their surprise, sales team found out that the product is out of stock. So next
time this don’t happen, they have to introduce a SAP ERP tool.
How it Work?
Different departments are engaged with the entire business process, directly from
the requesting of the crude material – to assembling products – to conveying last
merchandise to the client.
1. Client contacts the sales team to check the availability of the product
2. Sales team approaches the Inventory department to check for the
availability of the product
3. In case the product is out of stock, the sales team approaches the Production
Planning Department to manufacture the product
4. The production planning team checks with inventory department for
availability of raw material
5. If raw material is not available with inventory, the Production Planning
team buys the raw material from the Vendors
6. Then Production Planning forwards the raw materials to the Shop Floor
Execution for actual production
7. Once ready, the Shop Floor Team forwards the goods to the Sales Team
8. Sales Team who in turn deliver it to the client
9. The sales team updates the finance with revenue generated by the sale of
the product. Production planning team update the finance with payments to
be made to different vendors for raw materials.
10. All departments approach the HR for any Human Resource related issue.
Classification of Enterprise
Systems
Based on the manner in which communication and data exchanged is managed.
Enterprise systems can be broadly classified as
1) Decentralized System
Decentralized System
In a decentralized system, raw material information is separately stored by
Production Planning as well as Inventory Department. Thus, data maintenance cost
(in this case Raw Material) goes up.
So, they go ahead and buy the raw material. Thus, material as well inventory cost
goes up.
Once the raw material is available, the shop floor department suddenly realizes
they are short of workers they approach the HR, who in turn hire temporary
employees at higher than market rates. Thus Labor cost Increases.
These are some drawbacks in decentralized system for which we need a solution.
Well the Solution lies in Centralized Systems i.e. ERP.
Centralized System
In this Case, all departments update a Central Information System.