Oracle ERP - What Is It & What Are Its Benefits

Oracle ERP is a software program which allows you to unify various different processes within your internet based business. Certainly of all the software systems now being used by internet based businesses ERP (Enterprise Resource Planning) is one of the most widely used of all.

Through the use of a ERP software packages as that produced by Oracle one will be able to actually improve the performance of ones business. A good ERP system will help to not only plan how resources within the business are used, but also to manage and control these resources as well.

The various ERP software programs that you see today consist of several different modules which allow you to smoothly and effectively integrate various activities within your business. These programs are designed not only to look after the product planning side of your business, but also helping you with the purchasing of items, keeping track of your inventory and track orders placed and how the product is distributed.

During the 1960's when manufacturing was becoming extremely productive many businesses elected to use a management and control system to help keep track of all their inventory. Although it was effective, if records were not maintained by the staff then mistakes could be made and over ordering of certain products could occur.

It was however in the 1980's that we soon begun to see big changes when it came to managing and controlling the way a business ran effectively. It was at this time that batch manufacturing software was developed known as MRP (Manufacturing Requirements Planning) and which had evolved from the earlier systems being used during the 1960's and 1970's. This is also the software program from which ERP evolved and which is now more commonly used. Just like ERP, MRP was found to have many things that were beneficial to running a business successfully.

1. When it comes to ERP this software program has been found to help improve the way in which various sectors of a business integrate with each other. This makes them not only more productive but actually ends up saving the business money as well.

2. Secondly, an ERP system like the one developed by Oracle is one that can help you to manage your day to day business matters more effectively. Again this not only saves you time, but will end up saving you money and possibly increase your revenue levels as well.

3. Along with the benefits we have previously mentioned when using such software packages is that you can transfer crucial data from one sector of your business to another very quickly. This then provides you with the opportunity of being able to respond to and deal with anything of importance not only effectively but much more quickly as well.

4. Finally, when it comes to using Oracle ERP software by having important information easily to hand one can make more informed decisions on how the business should be progressing.

However which Oracle ERP system you select will depend on a number of different factors including whether you have implemented such a software program before. The type of business you run and how big it is. Only after you have taken these factors into consideration can you then decide which the best ERP system for your business is.