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Chapter 1: Introduction & Problem Statement
Rocket Sales Corp. is an existence since 1995. Rocket Sales deals in sports goods
with focus on outdoor sports. They specialize in all types of sports equipments
related to the games of cricket, hockey, tennis, soccer etc. Rocket Sales has partnered
with international Sports goods companies such as Atlas Corporation in the US and
Metro Corporation in UK. The business model of Rocket Sales is mainly based up on
the fact that they buy the designs from internationally popular sports goods designers
and get their manufacturing done mostly in India and in some countries of Latin
America. Rocket Sales Corp. has 2000 employees all around including all its branch
& head offices. As of today they have 10 offices; of these 7 are in large cities of India
1 in US, 1 in UK and 1 in Latin America. The head office of Rocket Sales Corp is at
Delhi which also houses the main processing centers of various business functions
including finance, HR, Marketing, Manufacturing, Sales etc. by the year 2000 Rocket
Sales Corp. had got installed appropriate Information System Software for almost
every business function. Since the year 2005 the company has grown almost at an
annual rate of 30% - 40%. This rapid growth has put lot of stress on it's information
processing capabilities by the year 2008 using the help of a management consulting
firm the company got a complete review of its information systems. The review
revealed to the management of Rocket Sales that the fundamental problem with
company's information processing is the absence of integration of various information
systems. This had slowed down the decision-making processes at various levels in the
corporation and therefore they were not able to realize the complete advantages of the
computerization of processes in the company. The management consultants in their
report had recommended that Rocket Sales Corp. must consider either developing or
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outright buying from the market ERP software. They had clearly stated in their report
that only a suitable ERP Package would help integrate all the information systems in
the company and such integration would speed up decision making at various level in
the company.
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Chapter 2: Project Requirements
Rocket Sales Corp. accepted the recommendation of the management consultant and
decided to launch a project for ERP software implementation in the organization.
Towards the same they developed a project plan, which is as follows:
Formulate a project team consisting of Project Manager, a functional expert
from each business function, a system analyst, a business analyst and quality
assurance expert and information security expert. The Information Systems
Manager was declared as the Project Manager
Requirements gathering from various departments.
Project team to study 5 suitable ERP Packages from the market & evaluate
them and shortlist 2 packages for further evaluation. Finally select 1 ERP
package, which would satisfy most of the requirements for the company.
Formulate a proper contract and purchase the ERP Product.
Formulate an implementation team as a part of the project team.
Formulate and evaluation team to receive and analyze feedback information
and report to the management at the end of first year of the implementation of
the package.
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Chapter 3: Existing ERP Products Review
ERP:
ERP (Enterprise Resource Planning) are that system software, which integrate the
internal & external information for managing the organization across all the
departments and vendors. ERP automates many of the process for all the
departments, which increases efficiency and leads to a higher productivity for the
organization with time saving as well.
ERPs can run on various computer hardware, software & networks it also have
Database repository to control the information across the platforms, departments &
vendors for the company or organization.
List of ERPs available in market today:
There are a lot ERPs available in market today even though some of them are really
trending up with all the corporates
A1.iO
Adaxa Suite
Adempiere
Compiere
Dolibarr
ERP5
ERPNEXT
Fedena
FrontAccounting
GNU Enterprise
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HeliumV
JFire
Kuali Foundation
LedgerSMB
OFBiz
Openbravo
OpenERP
Phreedom
Postbooks
SAP
Microsoft Dynamics AX
Oracle Financial
SQL-Ledger
Tryton
WebERP
But when it comes to my recommendation of selecting an ERP, which will give a high
variety of features, functions, operations, scalability & most important increase
efficiency to give higher productivity for the organization. These
ERP Features & Functions:
Microsoft Dynamics AX:
Microsoft Dynamics AX is one ofMicrosoft's enterprise resource
planningsoftwareproducts. It is part of the Microsoft Dynamicsfamily.
Microsoft Dynamics AX was originally developed as collaboration
between IBM and Damgaard as IBM Axapta. Axapta was initially released in March,
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1998 in the Danish andU.S. markets. IBM returned all rights in the product to
Damgaard shortly after the release of Version 1.5. Before Damgaard was merged with
Navision Software A/S in 2000. The combined company, initially Navision
Damgaard, later Navision A/S, was acquired by Microsoft in July 2002.
In September, 2011, Microsoft announced the release of new version AX 2012.
[5] Today, it is available and supported in 25 countries and 23 languages.
Development Centers
MDCC or Microsoft Development Center Copenhagen was once the primary
development center for Dynamics AX. MDCC is located inVedbaekand also
houses Microsoft Dynamics NAV and several other Microsoft Dynamics family
products. MDCC employs about 900 people of around 40 different nationalities.
In addition to MDCC, AX development is now performed in two additional sites
inBellevue, Washington andFargo, North Dakota.
Versions
The early versions (from 1.0 to 3.0) were called Axapta, while the later versions (from
3.0 SP6 to AX 2009) are called Dynamics AX
Damgaard
Development of Axapta began in 1983 at Danish company Damgaard Data A/S. The
software was mainly targeted at the European market, though the North American
market grew rapidly following the release of Axapta 2.1 in 2000.
Version Date Description
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Axapta
1.0
Mar
1998
The first version of Axapta was released in the US and in Denmark in
March 1998 by Danish company Damgaard A/S. It supported
bothMicrosoft SQL Server and Oracledatabase servers. Notable
features were financial, trade, inventory management, logistics and
production.
Axapta
1.5
Nov
1998
The second major version of Axapta was released in Norway, Sweden,
Germany, UK, Netherlands, Austria,Switzerland, Belgium,Spain and
the European Union in November 1998.
Axapta
2.0
Jul
1999
The third major version of Axapta was released to customers in July
1999. Notable new features were the Project Accounting module,
Warehouse Management (WMS), External OLAP, Option Pack
concept, ActiveX support, COM-connector and an early release of the
Axapta Object Server which allowed offloading of some operations
from the clients onto a separate server.
Axapta
2.1
Jan
2000
This release stemmed from market demands from Germany, Austria,
Switzerland and Spain. It was the fourth major version of Axapta and
was released in January 2000. The most notable new feature was the
addition of a Web tool called the Customer Self-Service (CSS) which
is the precursor to today's Enterprise Portal. With Axapta 2.1 SP3
(Service Pack 3), the AOS (Axapta Object Server) was introduced
making Axapta the first fully three-tier ERP-system in the market.
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Navision-Damgaard
Following the merger of the two Danish companies Navision and Damgaard, Axapta
was to be known as Navision Damgaard Axapta for versions 2.5 and 3.0 (up until 3.0
SP5).
Version Date Description
Axapta 2.5 Dec
2000
As the fifth major release, Axapta 2.5 brought with it a complete
web applications development environment, the Project module,
Banking and OLAP. It was released first to Denmark, Austria and
United kingdom in December 2000.
Axapta 2.5
Market
Pack
Oct
2001
This market pack was released for Axapta 2.5 in October 2001 in
France and Italy. This new application layer contained
theCustomer Relationship Management module (CRM or
Marketing Automation), Commerce Gateway and Product Builder
(both Client-side and CSS-side (Web)).
Microsoft acquired Navision Damgaard during the summer of 2002. Navision
Damgaard Axapta was first renamed to Microsoft Business Solutions Axapta, then to
Microsoft Dynamics AX for versions 3.0 SP6, 4.0 and 2009.
Version Date Description
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Axapta 3.0 Oct
2002
The sixth major Axapta release brought with it the Microsoft
Axapta Enterprise Portal, new intercompany collaboration
functionality, actualized and rebuilt user security and system
configuration, expanded geographical reach (more countries),
demand planning and enhanced partner productivity tools.
Dynamics
AX 4.0
Mar
2006
The seventh major Axapta release brought with it an updated look
and feel. As the first version that Microsoft was involved in from
the beginning it attempted to integrate better with existing
Microsoft technologies. For example, the AOS became a true
Windows service, a.NET business connector was provided, CLR
interoperability was introduced andXML data exchanges were
supported through a set of code classes (Application Integration
Framework), full Unicode support was introduced[8] and a new
Service Management module.
Dynamics
AX 2009
Jun
2008
Originally named AX 4.1, later renamed to AX 5.0 (and finally
AX 2009), the eighth major release of Axapta brought more
improvements to the UI. It added role-based concepts to the
Enterprise Portal and Windows clients, support for time zones
(UTC), a new Site inventory dimension, and Enterprise Portal
development throughVisual Studio projects.[9]
Dynamics
AX 2012
Aug
2011
Known as AX 6 during development, AX 2012 was released in
August 2011. It included improvements to the user interface,
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general application and developer enhancements, and added
industry-specific solutions for Process
Manufacturing,Professional Services, and Public
Sector organizations. The release also included support
for SharePoint 2010, Visual Studio 2010 and SQL Server 2008
R2.
Dynamics
AX 2012
Feature Pack
Feb
2012
Released soon after AX 2012, the feature pack added
aRetailsolution in addition to the previously released industry-
specific solutions.
Dynamics
AX 2012 R2
Q4
2012
Announced at the Convergence 2012 conference, AX 2012 R2 is
due to ship in late 2012 and is expected to include enhanced
support for Microsoft SQL Server 2012 as well as support for
additional languages and markets.
Features (modules)
Microsoft Dynamics AX contains 19 core modules:
Traditional core (since Axapta 2.5)
General Ledger, composed of ledger, sales tax, currency and fixed assets
features
Bank Management, where cash is received and paid out
Customer Relationship Management (CRM), where Business Relations
(customers, vendors, and leads) are contacted and maintained
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Accounts Receivable, where orders are entered, shipped and invoiced
Accounts Payable, where purchase orders are issued and goods received into
inventory
Inventory Management, where Inventory is valued and managed[11]
Master Planning, where purchase and production planning takes place
Production, where bill of materials is defined and manufacturing is tracked
Product Builder, where product models are created and maintained
Human Resources, where employee information is kept
Project Accounting, where projects are created and tracked primarily from an
accounting perspective
Basic, where data configuration is performed
Administration Module, where system configuration is performed
Extended core
The following modules are part of the core of AX 2009 (AX 5.0) and available on a
per-license basis in AX 4.0:
Shop Floor Control
Cost Accounting
Balanced Scorecards
Service Management
Expense Management
Payroll Management[12]
Environmental Management[13]
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External components
Several external components are also available:
Enterprise Portal for Dynamics AX (built on SharePoint Services)
Microsoft SQL Reporting Services integration
Microsoft SQL Analysis services (KPIs)
Project Server Integration
Workflow
Application Integration Framework (Web services + BizTalk adapter)
A .Net Business Connector for third-party software (A COM adapter is also
available)
Microsoft Dynamics Mobile 1.5 development tools
Architecture:
The Microsoft Dynamics AX software is composed of four major components:
The Database Server, a database that stores the Microsoft Dynamics AX data
The File Server, a folder containing the Microsoft Dynamics AX application
files (in AX2012 application files are stored in the database)
The Application Object Server(s) (AOS), aservice that controls all aspects of
Microsoft Dynamics AX's operation
The Client(s), the actual user interface into Microsoft Dynamics AX
Custom AX development and modification is done with its own IDE, MorphX, which
resides in the same client application that a normal day-to-day user would access, thus
allowing development to take place on any instance of the client. Since the Dynamics
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AX 2012 version, development can also be performed in Microsoft Visual Studio
2010 through a Visual Studio plugin.
MorphX is an integrated development environmentin Microsoft Dynamics AX that
allows developers to graphically design data types,
base enumerations, tables, queries,forms,menus and reports. In addition to design of
application objects, it also allows access to any application code by launching the X+
+ code editor.
Because MorphX uses referencing to link objects together, changes in, for example,
data types of fieldnames will automatically be reflected in all places where they are
used (such as forms or reports). Furthermore, changes made through MorphX will be
reflected in the application immediately after compilation.
Microsoft Dynamics AX also offers support for version control systems (VCS)
integrated with the IDE, allowing collaboration in development. There is also a tool
for reverse-engineering table structures and class structures to Visio. The actual
implementation limits the practical use of both these features.
X++ itself is the programming language behind MorphX, and belongs to the curly
brackets and.-operator class of programming languages (like C# or Java). It is
anobject-oriented, class-based, single dispatch language. X++ is a derivative ofC+
+ (both lack the finally keyword for example) to which garbage collection and
language-integrated SQL queries were added.
Oracle Financial:
Oracle Financial Services Software Limited: majority-owned by Oracle, is a world
leader in providing IT solutions to the financial services industry. With its experience
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of delivering value- based IT solutions, Oracle Financial Services Software
understands the challenges that financial institutions face: The need to build customer
intimacy and competitive advantage through cost-effective solutions while adhering
to the stringent demands of a dynamic regulatory environment. It offers financial
institutions the worlds most comprehensive and contemporary banking applications
and a technology footprint that addresses their complex IT and business requirements.
Its portfolio of offerings include Oracle FLEXCUBE, a complete banking product
suite for consumer, corporate, investment, private wealth management, mobile and
internet banking, consumer lending, asset management, and investor servicing,
including local and cross-border payments across channels and networks. Oracle
FLEXCUBE enables banks to standardize operations across multiple countries, to
transform their local operations, and to address niche business models like direct
banking, Islamic banking, and mobile banking.
The Oracle FLEXCUBE suite of solutions comprises:
Oracle FLEXCUBE Universal Banking a comprehensive, SWIFT-certified solution
that supports the needs of retail, corporate, and investment banking and offers
transaction banking capabilities that help banks stay ahead by supporting conventional
and Islamic banking customers
Oracle FLEXCUBE Direct Banking addresses the new demands of financial
institutions and enables them to serve customers in virtual environments, to
differentiate themselves from generic service providers, and to cater to the needs of
technology-savvy customers
Oracle FLEXCUBE Mobile Banking empowers banking customers with self-service
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banking capabilities through SMS, mobile browser, and mobile applications on smart
phones and tablets. It allows banks to tap new avenues of fee-based income by
targeting customers with location- and profile-specific offers
Oracle FLEXCUBE Private Banking is seamlessly integrated with front-and back-
office systems and addresses the diverse financial goals of mass affluent customers. It
enables advisors to offer customized financial plans that simulate, rebalance, and
capture orders while continuously monitoring and analyzing portfolio performance
Oracle FLEXCUBE Investor Servicing automates processes to help financial
institutions manage the fund lifecycle and reduce operational costs across fund
structures, intermediary hierarchies, and investors; and to launch new products rapidly
using a comprehensive business rules engine
Oracle Banking Platform is a comprehensive, reintegrated solution that enables large
banks to take the complexity and cost out of technology and focus investment on
executing a strategic transformation of their business.
As a part of Oracle's analytics for the financial services industry Oracle Financial
Services Analytical Applications offers a suite of analytical applications for enterprise
risk management, financial crime and compliance, enterprise performance
management, and customer insight.
Oracle Financial Services Lending and Leasing enables automobile financing
institutions to provide better service and minimize delinquency rates through
comprehensive and flexible processing of booking, disbursement, and payment. It
centralizes origination functions, enabling them to improve customer experiences and
reduce transactional overheads. By mapping concepts to workflows, Oracle Financial
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Services Lending and Leasing creates an end-to-end solutionbuilt on proven,
configurable processesfor the auto lending lifecycle, including origination,
servicing, collections, and asset management.
Oracle Financial Services Prime Sourcing supports the entire application lifecycle
with a host of professional services on Oracle and non-Oracle platforms and
technologies. The services include end-to-end consulting, application and technology
services partnerships, implementation of Oracle Financial Services products, and
outsourcing services. Our global delivery model provides world-class services across
the extended application lifecycle, and is supported by a comprehensive pool of
proprietary methodologies and best practices.
Oracle Financial Services business process outsourcing (BPO) excels in providing
cost-effective, high-quality BPO services for the banking, capital markets, and asset
management domains. This comprehensive ecosystem of BPO services is packaged
around software applications and backed by a mature process and consulting
framework.
Oracle Financials products provide organizations with solutions to a wide range of
long- and short-term accounting system issues. Regardless of the size of the business,
Oracle Financials can meet accounting management demands with:
Oracle Assets: Ensures that an organization's property and equipment investment is
accurate and that the correct asset tax accounting strategies are chosen.
Oracle General Ledger: Offers a complete solution to journal entry, budgeting,
allocations, consolidation, and financial reporting needs.
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Oracle Inventory: Helps an organization make better inventory decisions by
minimizing stock and maximizing cash flow.
Oracle Order Entry: Provides organizations with a sophisticated order entry system
for managing customer commitments.
Oracle Payables: Lets an organization process more invoices with fewer staff
members and tighter controls. Helps save money through maximum discounts, bank
float, and prevention of duplicate payments.
Oracle Cash Management: Lets you perform bank reconciliation and cash forecasting.
Oracle Personnel: Improves the management of employee- related issues by retaining
and making available every form of personnel data.
Oracle Purchasing: Improves buying power, helps negotiate bigger discounts,
eliminates paper flow, increases financial controls, and increases productivity.
Oracle Receivables: Improves cash flow by letting an organization process more
payments faster, without off-line research. Helps correctly account for cash, reduce
outstanding receivables, and improve collection effectiveness.
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Oracle Revenue Accounting Gives an organization timely and accurate revenue and
flexible commissions reporting.
Oracle Sales Analysis: Allows for better forecasting, planning and reporting of sales
information.
SAP:
Business users can use features such as extended application menus, SAP-specific
smart panel, and business analytics delivered through Microsoft Excel, Word, and
Outlook synchronization between Microsoft Exchange and SAP processes to
perform self-service functions, such as:
Time management Streamline time entry and ensure time reporting compliance by
reporting time in the Microsoft Outlook calendar, with time automatically recorded in
the SAP ERP application.
Reporting and analytics Access reports and analytical data from SAP Business Suite
applications. Schedule reports or generate them on an ad hoc basis and access key
performance metrics through personalized views from Microsoft Outlook and
Microsoft Excel.
Budget monitoring Receive financial reports from SAP ERP in the Microsoft
Outlook Inbox and work with them offline. Monitor budgets through proactive alerts
and triggers based on time-critical information.
Workflow approval Approve and reject SAP business workflows directly from
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Microsoft Outlook. Workflows are delivered as e-mail with contextual business
process data to enable rapid and informed decisions.
Sales management Manage accounts and contacts, create sales activities, and easily
access sales reports from the SAP Customer Relationship Management application in
Microsoft Outlook.
Team management Access up-to-date information from SAP ERP about employees,
organizational structures, and managerial approvals directly in the Microsoft Outlook
contacts area and Microsoft Office documents.
Leave management Submit leave requests as calendar items that are then processed
according to approval guidelines in SAP ERP.
Travel management Submit and approve travel requests including contextual reports
to ensure cost-effective travel that is in full compliance with corporate policies
supported by SAP ERP.
Recruitment management Collaboratively schedule interviews with job candidates,
captures feedback about each candidate, and generates rankings to automate the
selection of the best-qualified person for a position.
Demand planning Use Microsoft Excel to create planning sheets and analyze and
manage demand planning data from the SAP Supply Chain Management application.
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Chapter 4: ERP Software for Rocket Sales Corporation
We evaluated 3 ERP Software namely: Oracle Financial, Microsoft Dynamics AX &
SAP. Considering the cost and the features of the software we decided to select
Microsoft Dynamics AX as the closest match for the requirements of Rocket Sales
Corporation. The important feature in Microsoft Dynamics AX is the flexibility to
integrate the existing software in the company with Dynamics AX. Therefore we
purchased the software from Microsoft Corporation and then implemented in the
company. First, we trained all the users in the company regarding how to use the new
software, which is Microsoft Dynamics AX. We used system engineers of the
company to integrate the existing modules of the software with Microsoft Dynamics
AX modules.
Next, we looked at all the new reporting requirements of the managers of the
company and developed the same & carried out extensive testing of all the integration
aspects & the reporting aspects. After implementing the ERP software at the head
quarters we implemented the software in all the branch offices one-by-one. Based on
the necessity we provided network connectivity and data communication facility &
carried out of the extensive testing of the same.
Chapter 5: Outcomes of ERP Implementation
As a result of the ERP implementation we found the following benefits:
ERP implementation made sure that all the data of the company was centrally
stored in one data-ware-house and could be accessed by any manager
working in any branch office could access required data with proper security
rights.
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Whenever a new transaction happened in any branch of the ERP network all
the concerned ledgers would be updated in real time.
Now it was possible to generate various types of reports under any business
function.
ERP has helped the company in faster and timely decision-making.
ERP has provided to the data and information systems of the company a high
level security.
ERP implementation at the Rocket Sales Corporation has led to growth of the
companys business because with highly integrated information system companys
sales force are able to create high worth customers. ERP implementation has solved
the problem of data management by centralizing data storage in a large data-ware
house or oracle corporation.