WWW.VIDYARTHIPLUS.COM . PARUL INSTITUTE OF ENGINEERING AND TECHNOLOGY COMPUTER SCIENCE & ENGINEERING ENTERPRISE RESOURCE PLANNING (171605) PREPARED BY: KHUSHALI MISTRY PARUL INSTITUTE OF ENGINEERING & TECHNOLOGY SUBJECT CODE: 171605 SUBJECT NAME :ERP INDEX S. NO. NAME OF PRACTICAL PAGE NO. Introduction to ERP System and Review on different ERP 1. 3 packages. 11 2. Study on Odoo ERP package. Identification and brief introduction of different Modules 3. 13 in Odoo ERP package. 4. Detail study of odoo erp modules. 16 5. Identify different process of the odoo erp modules. 20 6. Study on odoo erp business functions. 24 7. ERP Implementation life cycle at Huck International Inc. 26 2 PARUL INSTITUTE OF ENGINEERING & TECHNOLOGY SUBJECT CODE: 171605 SUBJECT NAME :ERP Practical: 1 Aim: Introduction to ERP System and Review on different ERP packages. Enterprise Resource Planning (ERP) :- Enterprise resource planning (ERP) is business process management software that allows an organization to use a system of integrated applications to manage the business and automate many back office functions related to technology, services and human resources. Figure:1 Introduction to ERP Evolution of ERP The term ERP was coined in 1990 by Gartner, but its roots date to the 1960s. Back then, the concept applied to inventory management and control in the manufacturing sector. Software engineers created programs to monitor inventory, reconcile balances, and report on status. By the 1970s, this had evolved into Material Requirements Planning (MRP) systems for scheduling production processes. In the 1980s, MRP grew to encompass more manufacturing processes, prompting many to call it MRP-II or Manufacturing Resource Planning. By 1990, these systems had expanded beyond inventory control and other operational processes to other back-office functions like accounting and human resources, setting the stage for ERP come to know it. Today, ERP has expanded to encompass business intelligence (BI) while also handling "front-office" functions such as sales force automation (SFA), marketing automation and ecommerce. With these product advancements and the success 3 PARUL INSTITUTE OF ENGINEERING & TECHNOLOGY SUBJECT CODE: 171605 SUBJECT NAME :ERP stories coming out of these systems, companies in a broad range of industries— from wholesale distribution to ecommerce—use ERP solutions. Software-as-a-Service (SaaS) solutions—also referred to as "cloud computing"— have helped fuel this growth. Cloud-based solutions not only make ERP software more affordable, they also make these systems easier to implement and manage. Perhaps even more importantly, cloud ERP enables real-time reporting and BI, making them even valuable to executives and staff seeking visibility into the business. As a result, companies of all sizes and a wide range of industries are transitioning to cloud ERP systems. In fact, Forrester predicts that SaaS-based ERP adoption will rise 21 percent annually through 2015. When stop to consider the benefits of ERP, it's easy to see why it's become so popular and why its use will continue to grow so rapidly. Figure 2:-Evolution of ERP The Business Value of ERP At its core, ERP helps employees do their jobs more efficiently by breaking down barriers between business units. More specifically, an ERP solution: Gives a global, real-time view of data that can enable companies to address concerns proactively and drive improvements Improves financial compliance with regulatory standards and reduces risk. Automates core business operations such as lead-to-cash, order-to-fulfillment, and procure-to-pay processes. Enhances customer service by providing one source for billing and relationship tracking. 4 PARUL INSTITUTE OF ENGINEERING & TECHNOLOGY SUBJECT CODE: 171605 SUBJECT NAME :ERP When add up these advantages, the value of ERP—particularly cloud ERP—is clear. With an ERP solution, employees have access to accurate information that enables them to make better decisions faster. Not only that, but ERP software helps to eliminate redundant processes and systems, dramatically lowering the cost of doing business overall. List of ERP Packages 1. SAP SE 2. ProContractor 3. Foundation 4. Jonas Enterprise 5. ComputerEase 6. NetSuite 7. PENTA Construction 8. Praesto AE 9. Exact JobBOSS 10. PolyPM 11. Sage ERP 12. EnterpriseiQ 13. ECi M1 14. Vista 15. Spectrum 16. ProContractor 17. Entree 18. Infor 19. InFocus 20. Oracle Review on Different ERP packages Sage ERP X3:- Sage ERP X3 comprises a number of features and functions designed to help manage business’s sophisticated processes, transactions and relationships. It can manage specific areas such as manufacturing, inventory, warehousing, purchasing, finance, customer relationship and even electronic document systems. Sage ERP X3 is flexible and cost effective package of features that give control and confidence. All the key information about the business will be held in a single, innovative and comprehensive management tool that is simple and intuitive to use. Better integration and the ability to plan with accurate real-time information will improve the productivity and help to make the right decisions. It will reduce organization costs and 5 PARUL INSTITUTE OF ENGINEERING & TECHNOLOGY SUBJECT CODE: 171605 SUBJECT NAME :ERP lead times, deliver better service to the customers and help seize new opportunities effectively. Industry Solution Manufacturing Inventory Warehousing Purchasing Finance customer relationship electronic document systems Key Features PLM (Product Life Cycle Management) APS (Advanced planning and Scheduling) MES (Manufacturing Execution System) EDM (Electronic Document Management) OCR (Optical Character Recognition) MMS (Maintenance Management System) IT for Green (REACH, Carbon Management & Greenhouse Gas Accounting) Forecasting 6 PARUL INSTITUTE OF ENGINEERING & TECHNOLOGY SUBJECT CODE: 171605 SUBJECT NAME :ERP Technologies Cloud-Based (Saas), node js elasticsearch mongoDB MS SQL Server, Oracle OS supported Windows, Linux, Unix Open source Sage ERP X3 doesn’t support open source. Users of Sage ERP X3 United Health Group Cemex Jamaica Ltd Vista Community Clinic Wooden Mallet ERPNext ERPNext is an Online, Open Source ERP system for small and medium sized businesses. It covers many business functions including accounting, inventory management, CRM, purchasing, project and task management, human resource management and manufacturing. Industry solutions Services Manufacturing Retail distribution ERPNext modules: Accounting Asset management CRM Human resource management. 7 PARUL INSTITUTE OF ENGINEERING & TECHNOLOGY SUBJECT CODE: 171605 SUBJECT NAME :ERP Manufacturing Point of sale Project management Purchasing Sales management Warehouse management system Key Features ERPNext contains many complex features that are provided as a part of small business. It support multi-company, multi-currency accounting, definition of complex tax calculations, inventory valuations, serial / batch numbers and traceability. It also has a built-in social network where the entire team can maintain their profiles and also has an employee management system that includes leave and attendance management, submission of expenses, salary structures, appraisals and much more. Features for manufacturing companies include Bill of Materials (BOMs), Material Requirement Planning (MRP) and backflush, production plans, production orders and sub-contracting. The system also has CRM features like lead and opportunity (enquiry) monitoring and is integrated with the sales workflow right up to delivery and invoicing.ERPNext also has next generation Web 2.0 features such as embedding forms inside websites, giving logins to vendors and customers and sending transactions via emails.New features are constantly being added every month. Pricing Unlike many ERP systems in its class, it comes with a break-through pricing of $7per user per month on a hosted (SAAS) model. For customers with in-house IT teams who want to host it on-site, all the source-code is available online and ERPNext provides support services at a reasonable cost. Technology The ERP system is based on a Python-based web application framework -wnframework. This framework is developed by the company and is also OpenSource. The database backend currently supported is MySQL. ERPNext hosted version is online since May 2010 and so far more than 1800 users have signed up for the application. There is an automated sign-up and setup process and a thirty-day free trial. Open Source ERPNext’s SAAS + Open Source solves two big problems for customers: Customization - ERPNext has a powerful administrator interface where an analyst can do many customizations. With access to the internal work-flows, a developer can tweak the application to a great degree No Vendor Lock In - Since the application is Open Source, 8 PARUL INSTITUTE OF ENGINEERING & TECHNOLOGY SUBJECT CODE: 171605 SUBJECT NAME :ERP the customer can take a backup of the database and setup an instance at his / her own server. ERPNext Users ERPNext was launched earlier as an on-premise solution and is currently used by many companies in India for multiple years. Since its launch in May 2010, 1800 users from all over the world have signed up for ERPNext. Customers from various industries are using ERPNext and some of the success stories include an high-end electronics retailer, an apparel distributor, a furniture manufacturer, a medical devices distributor, an e-learning services provider.