Types of ERP Software System – SAP Infor and Oracle

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.

A brief synopsis of the different types of ERP software is given below

SAP R/3 and B1: This is one of the most popular ERP software applications in the world with a record number of customers. SAP ERP offers two types of packages, SAP R/3 and B1. SAP R/3 integrated software is suitable for very small and big enterprises, and supports all the vital functions. This system can be customized to meet the specific requirements of a business. The client/server architecture enables this system to run on various platforms like Windows Server, UNIX and OS/400. Various database packages like SQL server, Oracle or DB2 can be used in implementing SAP R/3.

SAP B1 package, also known as “Business One”, is more suitable for the small and medium sized organizations. This package comes with pre- built modules like Customer Relationship Management, Finance, e-commerce, Warehousing, procuring and reporting.

LN/Baan: Originally created by The BaaN Corporation, LN ERP software package is configured for the manufacturing industries, which have a complex working system. The complex supply chains of these industries follow different methodologies. Suitable for the large business organizations this ERP software offers better communication and collaboration and enhances the performance and productivity. It leverages the IT infrastructure thereby reducing the expenses. This package offers a high level of customization and is largely adopted by the made-to-order and engineering-to-order organizations.

Oracle e-Business Suite Financials and PeopleSoft Enterprise: Oracle has launched two ERP software packages. One is E- Business Suite Financials, which is a user- friendly package ideal for the financial services organizations. This package offers modules for dynamic planning, budgeting, forecasting, multidimensional analysis of profits and all sorts of financial operations. It supports the functions of globally scattered organizations. The second Oracle ERP package is the People Soft Enterprise, which is highly customized, and is targeted for the complex business functions. This customized package supports a wide range of functions of different types of organizations and can be run on a number of database systems and architecture.

Warehousing Management Software: How Software Can Streamline The Processes From Order To Delivery

There are so many processes involved when it comes to the ordering of a product from your business all the way up to the delivery.

You might be able to handle all of this just fine if you are a small business owner, but what if you have to deal with sending out hundreds if not thousands of products on a regular basis?

Think about how complex this can get without the use of warehousing management software to help you be able to quickly identify where to locate certain items in your warehouse.

You want the ability to streamline all of these processes having to do with orders and delivery. When you are able to do this you cut out things that add to the time it takes for a customer to get the products they are ordering from you.

You are able to quickly identify what is what, where it is located, and get all you need at once. The software allows you to input all the information you need into it in order to make all this possible.

Your ability to use this logistics software to help you streamline processes from order to delivery is going to enable you to determine the availability of products in your warehouse very precisely. There is going to be no accuracy problems in this respect.

This means you will be able to offer superior customer service, because you will be able to provide delivery dates to them that are realistic and that you will be able to keep with no problems.

Companies that are not able to use warehousing management software to help them speed up the time it takes to get products out of their warehouse and into the hands of costumers are going to struggle, particularly if they are a growing business.

These companies would be spending just too much time doing things that can be either avoided or speed up to the point of cutting down costs. A small business would definitely benefit from this, and warehousing management software is available at an affordable price so they can set up the system they need to make their processes run more efficiently.

What else can warehousing management software do for you because when you are trying to operate a warehouse that holds certain items you need to make sure you are able to quickly identify what you need and release it if it has been ordered.

When you can do this your shipping speeds are better not to mention certain businesses might have products on their shelves that are actually in their warehouse that have been back-ordered. The problem is your company might not know this information because it has not been released yet.

Use of this logistics software can help make sure this does not happen by automatically letting you know of back-ordered inventory. This is going to allow you to reduce problems with returns. You will be able to give your customers better shipping times as well as keep holding costs in your warehouse down.

You do not have to let all of the processes involved with ordering and getting products to customers overwhelm you. Warehousing management software helps to make all of these things easy and it can be a life saver for those smaller businesses that are fighting to establish themselves against the big boys.

The big boys likely already make use of such software, but for those who don’t they are doing their customers a disservice by not using it. Look into getting it today and watch how order and fulfillment for products that you carry improves overtime.

Inventory Software Steps That Will Maximize Your Inventory Investment While Reducing Your Expenses

You might not think that your business needs to use inventory software, and maybe this is true if you are in the very beginning stages of running a business.

However, once you were truly up and running you would be doing yourself a terrible disservice if you were not putting in place a good inventory management system that would allow you to maximize the way you were doing things.

When a business first gets started or if it is still quite small the business is going to go through a lot of cash. This is usually the make or break time for a lot of businesses.

If they are unable to use cash the right way then they are not going to survive very long. It is getting tougher and tougher to stay in business if one is not able to have cash on hand when they need it.

Seeing as how you are going to need cash on hand all the time you cannot afford to have cash tied up at all. This is going to happen no matter what you do, but there are some areas where you can prevent such problems.

Inventory would be one of them. Using the right inventory management system is just the first step. Making sure you have the right software in place to run it efficiently is the next step.

Your goal is going to be carrying only as much inventory as needed based on customer demand. You might decide to carry a little bit extra for the purpose of bigger discounts from suppliers or to hedge against fluctuations in customer demand.

In any case the goal is going to be finding that sweet spot. You do not want too much, but you also will not want too little.

When things are done thins way it means you will not have to worry about having cash tied up in inventory. Now why is this important. You want to be able to use this money in other areas of the business.

This is really important for any business that is just getting started and having cash on hand will allow you to be prepared for unexpected things.

Inventory software also allows a business to reduce negative cash flow, because it is going to allow a business to keep down inventories.

At least it will allow a business to keep them right where they need to be. Excess inventories can mean doom for certain business, especially if they are not able to eventually move it.

What inventory software is really all about will surprise you because many businesses fail to understand how logistics software can really benefit their organization long term.

For instance, say you want to set up an inventory management system that is not going to consume a lot of your time right? Well if this is the case you cannot have a system that is overly dependent on other people.

You want to know that any and all information you need to ensure your system is effective can be quickly obtained by you.

Even if you have to rely on others you still want to know what information they will need in order to ensure they bring you back the information you need to input into the software.

Inventory software will help you along in this regard. It is designed to help you answer important questions and make needed changes.

It is made so that you are able to control your inventory the way it needs to be so you keep your costs down. In such a competitive business environment you need this.

The investment you might have to make in logistics software is nothing compared to the long term value you will get by using this program daily.

Warehousing Management Software: One Of The Best Investments You Can Make For Business Here’s Why

Warehousing software can be expensive which is why in this tough economy it is easy to understand why a business owner, whether they be large or small would not want to take on an unneeded expense.

After all the ultimate goal of business is to keep expenses down so you are able to maximize profits to the best of your ability. However, certain things you can purchase should not be looked at as expenses.

These things should be looked at as assets, tools for business to grow and function more efficiently. Warehousing management software offers just this. There are a lot of businesses who have probably heard of using this type of software, but many of them are still not sold on how powerful it can be for them. Not a problem, you can easily be convinced. The advantages are plenty.

The entire purpose of warehousing management software is to enable a user to get an instant picture of certain information that is very pivotal.

Quick access means that warehouse operations function far smoother than what they may be at the moment. You will be able to cut back on various costs, and as a result increase your bottom line.

For starters, you need to constantly be aware of how much inventory is in your warehouse. You may already have a system in place for this, but it can be made far more effective.

Warehousing management software will help you know instantly how much inventory is in your warehouse, whether it be for specific parts or for everything.

You need to know how many orders are being shipped at the moment, this gives you an idea of how much product is being moved. The logistics software is going to help you get an instant picture of this as well.

At times your business is going to have pending orders. There are several processes involved in this, and you need to know what they are. Warehousing management software will easily alert you to the various stages of processing when it comes to pending orders.

Does your business hire staff? Odds are it probably does, and you need to make sure they are being as productive as possible. You cannot afford to pay people who are not being productive right?

Warehousing management software will allow you to set up a system so that you can monitor staff productivity details. This enables you to make sure your staff is performing the way they should and that your warehouse is operating the way it is supposed to.

You also can use the software to see how many goods have been shipped by the warehouse for a specified period of time. This information is going to be needed at times, and you can easily search for it for any time period you wish.

Businesses that are smaller and have not had the chance to automate their warehousing management process will definitely benefit from using warehousing management software.

Logistics software is a very simple way to automate your warehouse management process without having to interrupt the flow of your business. You can be up and running in no time and if you need help it is easily available.

Do not let the cost of warehousing management software deter you from deciding to make an investment in it. The longevity of your business is important to you right?

Having this type of inventory software at your disposal will benefit you in ways that will protect your business from the tough economy.

Your business needs to operate as efficiently as possible, and you definitely cannot rely on the old way of doing things. Make the investment in some good warehousing management software today and start realizing the benefits mentioned in this article.