JD Edwards
Enterprise Resource Planning, ERP, is yet another of those three letter acronyms. To describe an ERP system in a simple way one could say that ERP is an information system that manages all resources available to a company. It is a common term for a co-operating software that manages and coordinates much of a company’s resources, assets and activities. Orders, storage, purchasing, assets, vendor contacts, financials and human resources are usually included in an ERP system. Based in US, JD Edwards (JDE) was founded in 1977 and is the fifth largest ERP vendor in 2002. JDE started as a custom software developer, then moved to off-the-shelf finance and logistic packages. The company continued to expand into new markets with the addition of manufacturing modules. JDE mostly targets mid-size corporations and has enjoyed a long-term growth rate in excess of 50% over its 25 years in business and its revenue reached top US$1 billion in 2000 (WSRN, 2003). At a JDE user conference in the summer of 1998, CEO Ed McVaney said that, “If we don’t grow faster than Peoplesoft and SAP, we won’t be around in five years” (Stein, 1998). His prediction certainly came true. On 2 June 2003, PeopleSoft announced a definitive agreement to acqui
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Approximate Pages = 10 (250 words per page double spaced)
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