Lets start with What is ERP? It means enterprise resource planning, which itself means planning the resources in an enterprise (business). So, this abbreviation simply means, that this is a way of more effectively using the resources which can be man or material in a company or Enterprise. Notice, that this is not some kind of software, this is an ideology and thus in-order to implement this ideology the idea of ERP solutions emerged and some software are designed like “SAP” by SAP LAB, Oracle corporation's “ORACLE APPS” Microsoft Corporation's “MIROSOFT DYNAMICS AX” etc.
Thus Enterprise resource planning (ERP) is business management software that allows an organisation to use a system of integrated applications to manage the business. ERP software integrates all facets of an operation, including product planning, development, manufacturing processes, sales and marketing. Microsoft Dynamics Ax is thus a customisable, multiple-language, and multiple-currency Enterprise Resource Planning (ERP) solution. Microsoft Dynamics AX excels in :
Manufacturing.
E-business.
Wholesale.
Services industries.
Now further will try to understand this with just a small example....
Suppose I have a Small grocery store and I have a habit of keeping all record in a small book ie. how many items and in how much quantity I have, what was my sell today and what profit I made and so many other things. Because its a small shop I am able to maintain all record in a book but imagine if I am running a company where my company is manufacturing some product, where I am buying some spare parts from small companies so need to keep track of what quantity I purchased what amount I need to pay, there are huge number of employee's so again I need to track all thing like salaries, there are number of different customers so I need to track their orders and accept their payments, I am storing these products in some warehouse so need to keep track of what quantity of product is required and how much is available in warehouse and how much more production need to be done.... and if there are any handling losses in the warehouse .... and lots of other stuff so I cannot just maintain all these information manually so I felt the need for some automation. And software companies like Microsoft came with product or we can say a software which facilicated and automated all my transactions and other tasks and that software is Microsoft Dyanamics AX.
Microsoft Dynamics Ax provides different modules like “Inventory and Warehouse management”, “Product Information management”, “Accounts Receivable”, “Accounts Payable”,”General Ledger”...etc these modules are used to manage all the tasks that I mentioned above. To understand these modules I might need to write something more which I think is not my aim right now, if demanded I will come up with some explanations of these modules.
Hushh....Even I am tied now but I hope that you must have got an good Idea about ERP and Microsoft Dynamics Ax.
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