ERP Solutions Oracle

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ERP SolutionsOracle

• Sabrina Davis-Thomas
• CIS-3380
• Fall 2005

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Overview

• What is ERP
• 5 Major Benefits From Implementing ERP
• Cost of ERP
• Hidden Cost of ERP
• Why ERP Projects Fail
• Oracle (company)
• Key Benefits From Using Oracle ERP Solutions
• Changan Automobile Liability (customer)
• Jinan Steel Group Co. Ltd. (customer)

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What is ERP Solutions?

• ERP attempts to take all the departments and
  functions of a business and integrate them into a
  single computer. For example finance, human
  resource and the warehouse will all work off the
  same integrated software program that runs off a
  single database, instead of three different
  programs and three different databases.

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5 Major Benefits From Implementing ERP

• Integrated Financial Information Within a
  company there are various sources of revenue,
  managed by different financial systems. With ERP,
  the goal is that all of the different sources be
  managed by one common solution.
• Integrate Customer Order Information By using
  one common solution, companies can track orders
  more effectively with fewer mistakes between the
  different departments, coordinate manufacturing
  and shipping.

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5 Major Benefits From Implementing

• Standardize and Speed Up Manufacturing Processes
  Automating some of the steps for a manufacturing
  company can save time, increase productivity and
  reduce employee numbers.
• Reduce Inventory ERP helps the manufacturing
  process work smoothly and it improves visibility
  of orders inside the company. Which can lead to
  lower inventory and help better plan deliveries.
  

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5 Major Benefits From Implementing

• Standardize HR Information ERP solutions has a
  unified, simple method for tracking employees
  time and communicating with them about benefits
  and services.

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Cost of ERP

• Total cost of ownership of ERP, includes
  hardware, software, professional services and
  internal staff cost, and getting the software
  installed. According to the Meta Group (who did
  the study) the average cost for implementing ERP
  solution was 15 million dollars. The highest was
  300 million the lowest was 400,000 thousand.

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Hidden Cost of ERPThere are several hidden cost
areas that ERP pros agree are commonly overlooked
or are underestimated

• Consultants ad infinitum
• Replacing ERP consultants
• Implementation teams never stop
• Waiting for ROI

• Training
• Integration and testing
• Customization
• Data Conversions
• Data analysis

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Why ERP Projects Fail

• People do not like change, therefore when an ERP
  solution is implemented there is a lot of
  resistance to the new system of doing things.
  Most of the time when a companys ERP project
  fails it is because of customization. This makes
  the software unstable and harder to maintain.

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ORACLE

• Oracle is one of the many software companies that
  provide ERP solutions. Many companies are using
  Oracle ERP solutions to increase efficiency and
  improve performance with in there organization.

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Key Benefits From Using Oracle ERP Solutions

• Reduced expense reimbursement cycle time
• Real-time stock information (levels, price, and
  availability) for customers and sales reps
• Improved order-tracking processes
• Availability of online ordering for customers
• Reduced workload in procurement department
• Shortened production cycles

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Customers

• Changan Automobile Liability Co. Ltd
• E-mail www.changan.com
• Jinan Steel Group Co. Ltd.
• E-mail www.jigang.com.cn

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Changan Automobile Liability Co. Ltd
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Jinan Steel Group Co. Ltd.
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Summary
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Sources

• CIO (research)
• Oracle (company)
• Changan Automobile
• Liability Co. Ltd (customer)
• Jinan Steel Group Co. Ltd.
• (customer)