Preview

Compiere and Open Source Erp

Powerful Essays
Open Document
Open Document
2917 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Compiere and Open Source Erp
In today's business world, all the companies are looking for new software to do business. They want new software to help them save money and at the same time, work more efficient than before. During the 1990's, Gartner Group employed the first definition of ERP. The ERP system growing rapidly during the year 1990 to 2000 since the countries all around the world are working closer and closer and the global business environment changed a lot. Companies start to notice that they are dealing with a whole new world and they need some really powerful tools to help them finished tasks. Therefore, ERP system itself also changed a lot and starts getting better and better. Then we have open source ERP. I think open source ERP changed the ERP market even though there are lots of people think open source ERP is an dead end. During my research and the presentation of the classmates, I find out that open source is a really important breakthrough for the whole IT industry. I will explain my reason in detail later in my paper. There are some major open source ERP brands on the market like, compiere, OpenERP, ERP5 etc. These are also really popular vendor in the market. What is ERP system? As we all know, ERP is stand for enterprise resource planning. According to APICS, the definition of ERP is Framework for organizing, defining, and standardizing the business processes necessary to effectively plan and control an organization so the organization can use its internal knowledge to seek external advantage. As the ERP system growing rapidly, there are several companies start to give free software and those companies think we should share our knowledge. Compiere is one of the leading vendors that start introducing their open source ERP back in late 1990’s. I think this transformation of ERP system has a positive effluence on the market since there are lot more small and medium companies on the market who can not afford millions of dollar a year for just using ERP software. The
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Erp/405 Research Paper
    • 376 Words
    • 2 Pages

    Erp/405 Research Paper

    Enterprise Resource Planning (ERP) connects - networks internal and external management information across an entire organization, organizing different functions like finance/accounting, manufacturing, marketing, sales and service, etc. ERP systems automate this activity with an integrated software System that integrates different nooks & corners of the Organization it exists. Its purpose is to facilitate the flow of information amongst all the business departments / functions wihin the boundaries of the organization and manage the integration with the internal & external stakeholders in the…

    • 376 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Powerful Essays

    Enterprise Resource Systems for Kroger
    • 2118 Words
    • 9 Pages

    Enterprise Resource Systems for Kroger

    In business, it is important for companies to be able to communicate effectively. Each department of a company relies on the other departments as they add to the value chain. One way for a company to integrate its different departments is enterprise resource planning. ERPs are software programs that allow companies to join together data across operations on a company wide basis (Jessup and Valacich 248). ERPs store company information in a common database and allow all departments to access it from one central location (Koch). Companies without ERPS may contain many legacy systems, each operating with different equipment. Without an ERP and a common system used by each department, when information changes, it has to be changed in each legacy system. ERPs connect different departments so that company actions can be streamlined and data can be sent from one department to another easily. This makes it easier for information to be up to date. When data is changed in one department, it is updated company wide, avoiding conflicting data.…

    • 2118 Words
    • 9 Pages
    Powerful Essays
    Read More
  • Satisfactory Essays

    Exam Summary
    • 949 Words
    • 4 Pages

    Exam Summary

    ERP – Enterprise Resource planning systems integrate internal and external management information across the entire organisation , embracing finance, manufacturing, sales and service, customer relationship management,…

    • 949 Words
    • 4 Pages
    Satisfactory Essays
    Read More
  • Best Essays

    Issues in Erp Implementation
    • 1829 Words
    • 8 Pages

    Issues in Erp Implementation

    Enterprise Resource Planning (ERP) is identified as the essential platform upon which companies are building their competitive business process upgrades (Caruso 2003). An ERP system is an integrated software solution that spans the range of business processes that enables companies to gain a holistic view of the business enterprise. It promises one database, one application, and a unified interface across the entire enterprise (Bingi, Sharma & Godla 1999). Due to the fact that ERP systems provide companies with a means to have an integrated and unified business process, companies have not been swayed from investing large amounts of money on…

    • 1829 Words
    • 8 Pages
    Best Essays
    Read More
  • Satisfactory Essays

    Cisco Systems, Inc.: Implementing ERP
    • 440 Words
    • 2 Pages

    Cisco Systems, Inc.: Implementing ERP

    The managers at Cisco were apprehensive about the risk involved in converting the existing legacy systems with ERP systems. They were worried because they thought that the implementation of ERP systems would turn out to be a “mega project” consuming lot of time and resources. Also, they preferred not to choose ERP systems in order to maintain Cisco’s strong tradition of standardization and consistency in budgetary structures which were in place in Cisco. The managers who were asked to make their own decision regarding the software packages were not ready to try any packages individually as they considered it a huge risk financially and in terms of time and so they preferred to keep going with their existing legacy systems by updating/repairing it when needed until it completely failed.…

    • 440 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Powerful Essays

    Cisco Implementing Erp
    • 2143 Words
    • 9 Pages

    Cisco Implementing Erp

    This case describes the deliberations, process, problems, solutions and outcome of Cisco Systems’ implementation of an Enterprise Resource Planning (ERP) system. In 1993, Pete Solvik, Cisco Systems CIO, was convinced that the company needed to move away from its UNIX-based software package in order to prepare the company for growth. Initially, he was inclined not to consider an ERP implementation, concerned about the overall costs and scope of such a project. However, in 1994, after a major crash of Cisco’s legacy environment, Solvik concluded that not only should they initiate a major ERP implementation, but that they should do it all at once rather than in phased manner. Solvik and his team secured KMPG as its integration partner, and KMPG aided the team in narrowing the candidate software packages to Oracle and another player in the ERP market. Due to its strength in manufacturing capability, its promise to develop the ERP functionality over the long-term, and its proximity to Cisco, Oracle was chosen, a mere 75 days after the inception of the project. With Oracle chosen, Solvik and his team needed the approval of Cisco’s board to proceed. At an estimated cost of $15 million, the Cisco’s CEO and board were concerned, but ultimately approved the project. With the green light, the core ERP team expanded from 20 to 100 members and was organized into five tracks managed by a Project Management Office that was overseen by an Executive Steering Committee. Implementation of the ERP system occurred in phases called Conference Room Pilots (CRP). CRP0 involved the training of the implementation team and setting-up the technical environment. In CRP0, it was determined that the ERP software would need to be modified substantially. CRP1 involved each track ensuring that the ERP stem worked within its specific area. In CRP1, gaps in the system were identified and developers worked to modify the system. In…

    • 2143 Words
    • 9 Pages
    Powerful Essays
    Read More
  • Good Essays

    Bandon Group, Inc
    • 1086 Words
    • 5 Pages

    Bandon Group, Inc

    The feasibility of ERP systems is very promising for Bandon Group as it will greatly help the company surpass its goals of remaining competitive through its…

    • 1086 Words
    • 5 Pages
    Good Essays
    Read More
  • Better Essays

    Supply Chain Managemetn - Scm vs. Crm and Erp
    • 2113 Words
    • 9 Pages

    Supply Chain Managemetn - Scm vs. Crm and Erp

    Enterprise Resource Planning System (ERP), also referred to as the traditional management system, was generated from the MRP or the Material Requirement Systems. Companies have utilized this system for well over 25 years. In its primary set up, the MRP stores data related to inventory control and production planning. The system is widespread with the use of one its system with the largest market share, the SAP system is the primary base system for over 60 percent of multinational companies. Many companies have been influenced by ERP over the years, including both small and medium size businesses; it is the core of their information processing landscape.…

    • 2113 Words
    • 9 Pages
    Better Essays
    Read More
  • Good Essays

    Sap Personal Statement
    • 459 Words
    • 2 Pages

    Sap Personal Statement

    It is my understanding that an ERP system stands at the center of modern business operations — spanning across business units to drive efficiency, transparency, and consistency. By the shear necessity of ERP in business, I’ve grown a deep appreciation for its application.…

    • 459 Words
    • 2 Pages
    Good Essays
    Read More
  • Better Essays

    Powerit Case Study
    • 1011 Words
    • 5 Pages

    Powerit Case Study

    In order to survive in this competitive business world, every business must produce or provide not only a better product or service, they must also provide better customer service, minimize their production costs and overhead costs, have a more efficient management system, a highly reliable infrastructure…the list is endless. Many of these can be achieved through a customized enterprise resource planning system (ERP). ERPs serve as “one comprehensive database to house all of [the company’s] corporate information” so that “when you enter new information in one place, the system automatically updates related information.” However, if these systems are not implemented correctly with the necessary change in management of people and technology it can result in failure…..…

    • 1011 Words
    • 5 Pages
    Better Essays
    Read More
  • Powerful Essays

    Erp System in Cvs
    • 2352 Words
    • 10 Pages

    Erp System in Cvs

    ERP (Enterprise Resource Planning) software system aims in integrating the vital functions of an enterprise leading to a better communication and flow of data through the different units of an enterprise, regardless of their geographical locations. A standard ERP system constitutes of a software component, hardware infrastructure and a process documentation component. An ERP package integrates several functions like production, finance and accounts, supply chain management, asset management, logistics and many more. Different types of ERP software are available in the market catering to the needs of all types of business and corporate houses. Large global organizations require complex ERP package to support more functions than the small and medium sized enterprises.…

    • 2352 Words
    • 10 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Cisco Systems,Inc: Implementing ERP : Case Analysis
    • 2334 Words
    • 8 Pages

    Cisco Systems,Inc: Implementing ERP : Case Analysis

    In 1994, Cisco Systems, Inc. was on the verge of an internal breakdown. The company experienced exponential growth in response to businesses’ demand for Internet technologies and data systems. Unfortunately, the UNIX-based software package the company used at the time couldn’t keep up with its sudden growth. After a system failure that caused Cisco to shut down for two days, the management team decided to proceed with plans to implement a new ERP system. This paper provides an in-depth analysis of the process used to implement the new system, and an assessment of its overall effectiveness.…

    • 2334 Words
    • 8 Pages
    Powerful Essays
    Read More
  • Good Essays

    Proposal
    • 501 Words
    • 3 Pages

    Proposal

    Companies have many business requirements that must be met for them to compete and thrive above their competition. These business requirements would affect how the any new information system created. Requirements that Riordan face are to produce enough items, ship items by due date, and pay employees on time. This is currently being completed by Riordan but the process is tedious and has a high probability for error. To make the company more proficient and to cut labor costs were implementing the ERP system. The main purpose of ERP system is to collect all of the data that is entered by the different branches.…

    • 501 Words
    • 3 Pages
    Good Essays
    Read More
  • Powerful Essays

    Case: Cisco Systems, Inc. Implementing Erp, 9-699-022
    • 1806 Words
    • 8 Pages

    Case: Cisco Systems, Inc. Implementing Erp, 9-699-022

    It comes as no surprise, then, that companies have been beating paths to the doors of enterprise-system developers. The sales of the largest vendor, Germany’s SAP, have soared from less than $500 million in 1992 to approximately $3.3 billion in 1997, making it the fastest-growing software company in the world. SAP’s competitors, including such companies as Baan, Oracle, and PeopleSoft, have also seen rapid growth in demand for their packages. It is estimated that businesses around the world are now spending $10 billion per year on enterprise systems—also commonly referred to as enterprise resource planning, or ERP, systems—and that figure probably doubles when you add in associated consulting expenditures. While the rise of the Internet has received most of the media attention in recent years, the business world’s embrace of enterprise systems may in fact be the most important development in the corporate use of information technology in the 1990s.…

    • 1806 Words
    • 8 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Finance Proposal
    • 1665 Words
    • 7 Pages

    Finance Proposal

    ERP are software packages comprise different modules e.g. Human resource, sales, marketing etc. These software’s can be modified according to the needs of the department of an organization.ERP system is not a project which will end one day, they are the way of life. However ERP does not guarantee the solutions of the problems but those who will understand and implement it will be most likely to succeed.…

    • 1665 Words
    • 7 Pages
    Powerful Essays
    Read More

Related Topics