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Learn Oracle ERP from best Institutes in Tirupur. To facilitate big businesses, companies like Oracle Corporation have created huge software known in the category of ERP (Enterprise Resource Planning) as Oracle Applications. Oracle Apps is a collection of software known as modules that are integrated and talk to each other but its not a huge company.
ERP is a business process management enterprise application software that allows an organization to use a system of integrated applications to manage the business and automate many back office functions related to technology, services and human resources. ERP software integrates all facets of an operation including product planning, development, manufacturing, sales and marketing in a single database, application and user interface.
The history of ERP goes back more than 100 years. In 1913, engineer Ford Whitman Harris developed the economic order quantity (EOQ) model, a paper-based manufacturing system for production scheduling. For decades, EOQ was the standard for manufacturing. Toolmaker Black and Decker changed the game in 1964 when it was the first company to adopt a material requirements planning (MRP) solution that combined EOQ concepts with a mainframe computer. As computer technology evolved through the 1970s and 1980s, concepts similar to MRP II were developed to handle business activities beyond manufacturing, incorporating finance, customer relationship management, and human resources data. By 1990, technology analysts named this business management as enterprise resource planning. From the 1990s until the beginning of the twenty-first century, ERP adoption grew rapidly, as more organizations relied on ERP to streamline core business processes and improve data visibility. ERP software is the backbone of many organizations. Oracles modern, connected cloud applications deliver the functionality, analytics, security, mobile capabilities, and social collaboration tools you need to run your business.
The following new and continuing trends affect enterprise ERP software: Mobile ERP, Cloud ERP, Social ERP, Two-tier ERP. ERP systems typically include the following characteristics: An integrated system, operates in real time, a common database that supports all the applications, a consistent look and feel across modules, Installation of the system with elaborate application/data integration by the IT department. ERP is the integrated management of core business processes, often in real-time and mediated by software and technology. These business activities can include: product planning, purchase, production planning, manufacturing or service delivery, marketing and sales, materials management, inventory management, shipping and payment, finance.
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