Mustangboywonderful document..thanx a lot
I am working with a Large International Petrochemical Co. as Personnel Admin. Assistant. HR has become my passion & I have taken up some certification courses in that and am enjoying it. Currently, our company is planning the ERP implementation (ORACLE APPLICATIONS E-BUSINESS SUITE R12). I have been chosen as the HRMS Functional Team Leader and yeah you guessed it right, the company with the help of professionals intends to do all the training from the scratch to the end. I need help with the following:
Got NO IDEA whatsoever about ERP…..someone HELP??? What is it all about?
Is this experience gonna help me in my HR career or to say in getting a good placement?
How valuable is the ERP (HRMS) experience in the market today???
I really appreciate the maximum help I can get out of this. Please guys give me all the advice you have. I am very career oriented and looking for desperate help on the above issues.
Thanks to all
From Qatar, Doha
Below is some information on ERP. I have also attached a presentation.
What is ERP?
ERP stands for enterprise resource planning, a software system that aims to serve as a backbone for a whole business.
It integrates key business and management processes to provide a sky-level view of much of what's going on in the organization. ERP tracks company financials, human resources data and (if applicable) all the manufacturing information such as where you put your inventory and when it needs to be taken from the parts warehouse to the shop floor.
The leader in ERP market share, and the one that invented the market to an extent, is the German company SAP AG with its R/3 software. Other big players include PeopleSoft Inc., Oracle Corp., Baan Co. NV and J.D. Edwards & Co.
he idea behind ERP is that the software needs to communicate across functions. With an ERP system, the financial software can cut an accounts payable check as soon as the loading dock clerk confirms that the goods have been received in inventory. Similarly the accounts receivable module can generate an invoice as soon as the shipping clerk says the finished goods are on the truck to the customer. All this is done with a minimum of human intervention and paperwork.
ERP aims to replicate business processes (how do we record a sale, how do we verify hourly workers' paychecks) in software, guide the employees responsible for those processes through them step by step and automate as many procedures as desired.
With careful planning and lots of elbow grease, though, ERP can work and make many an enterprise work better.
ERM (enterprise resource management): Some analysts prefer this term and make a subtle distinction between ERM and ERP. ERM encompasses accounting, HR and materials management; ERP is ERM plus applications.
The ERP acronym is an outgrowth of MRP (materials requirements planning) and MRP II (manufacturing resource planning), older types of manufacturing-specific software that aim to keep the right inventories on hand and the lines humming.
My best regards
Dr. Al Husseini
MustangboyThanx Dr. alhusseini,
That was quite an information and I really appreciate it from an experienced person like you.
I hope I can get back to you for any further queries and it wont be a problem for you to answer them.
My sincere regards and thanks,
Abdul Samad Khan
From Qatar, Doha
Shreya TechnologiesDear ASK,
You might have gathered lot of knowledge on ERP by now through this forum. I bet, Client HR is one of the best site to share, acquire and enhance your knowledge related Human Resource.
Coming to your queries, you can go through the attached document which might add some more niceties to your ongoing learning process.
As you said, your company is implementing Oracle e-Business Suite you will get to work on PeopleSoft HRMS. Who will be doing this implementation? Is it your company or an Oracle Implementation partner? If it is going to through an Oracle Implementation partner, you will be working as a Core team member for this implementation. As a Core team member your primary job will be assisting the implementation partner to customize and configure your company’s HR processes. There is no much exposure in this process as you yourself is not a part of the customization and configuration. But if you look at migrating your career to ERP Field and work towards becoming an Oracle PeopleSoft Functional Consultant it will surely help. Oracle is the 2nd world leader in ERP Global market share, 1st being SAP.
This is an open forum and all information might not be relevant to all members, hence I would suggest please drop a mail with your queries and I will be happy to apprise you with my little knowledge in ERP.
From India, Mumbai
email@example.comGrowing companies eventually reach a point where spreadsheets no longer cut it. That’s where enterprise resource planning software comes in: ERP systems collect and organize key business information and help organizations run lean, efficient operations, even as they expand.
Most business professionals have heard the term “ERP,” but they may not know exactly what enterprise resource planning systems can do for their teams. We’ll explain exactly what ERP is, how it works, what it can do for your business, how to choose the right solution and much more.
Read on for answers to just about any questions you might have about enterprise resource planning.
What Is Enterprise Resource Planning (ERP)?
At its core, an ERP is an application that automates business processes, and provides insights and internal controls, drawing on a central database that collects inputs from departments including accounting, manufacturing, supply chain management, sales, marketing and human resources (HR).
Every business must complete work that requires numerous stakeholders with various responsibilities. But that’s a struggle when the information needed to execute processes and make key decisions is spread across disconnected systems. Whether data is held in basic business management software or spreadsheets, employees have a hard time finding what they need and may lack access to it entirely. For example, the accounting and FP&A teams could each have different spreadsheets with different figures for expense tracking.
These disparate data sources make it very challenging to keep everyone on the same page and hinders collaboration and efficiency, especially as an organization grows. Staff waste time hunting for documents and potentially duplicating work because there is no one place to look for up-to-date information on all aspects of the business relevant to them. This also makes it difficult to see the full cause and effect of developments affecting your business.
An ERP system solves this problem by compiling information in a central database to grant managers and employees cross-departmental visibility. It also eliminates the problems that come with conflicting sources of data and empowers them to analyze various scenarios, discover process improvements and generate major efficiency gains. That translates to cost savings and better productivity as people spend less time digging for needed data.
ERP software that’s tailored to meet the needs of an individual business pays major dividends, making these systems a critical tool for companies across industries and of all sizes. Many of the world’s best-known and most successful firms have leaned on ERP for the last quarter century. Now, this software can be configured and priced to meet the needs of all-size businesses.
Put simply, an ERP system helps unify people, core business processes and technology across an organization.
FINANCE AND ACCOUNTS MANAGER
International trading grp,Kuwait
From India, Chennai
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