What are the concept of Oracle Best practices and custom objects in Oracle ERP

When discussing Oracle ERP, "best practices" and "custom objects" are crucial concepts, especially for organizations aiming to optimize their system's functionality. Here's a breakdown:

Oracle ERP Best Practices:

• Standardization:
  • Oracle ERP systems are designed with industry-standard processes in mind. Best practices encourage organizations to leverage these standard functionalities as much as possible, minimizing the need for extensive customizations.
  • This standardization helps ensure consistency, improves efficiency, and simplifies upgrades.
• Process Optimization:
  • Best practices involve analyzing existing business processes and aligning them with the ERP's capabilities. This can lead to streamlined workflows, reduced errors, and improved data accuracy.
• Data Governance:
  • Establishing robust data governance policies is essential. Best practices emphasize data quality, security, and compliance.
• Upgrade Considerations:
  • Oracle frequently releases updates and patches. Following best practices, particularly minimizing excessive customizations, simplifies the upgrade process and reduces the risk of disruptions.
• Security:
  • Implementing best practices regarding role based access, and data encryption is vital for protecting sensitive company information.

Custom Objects in Oracle ERP:

• Extending Functionality:
  • While best practices advocate for using standard functionalities, there are situations where unique business requirements necessitate customizations. Custom objects allow organizations to extend the ERP's capabilities by creating new data structures and fields.
• Specific Data Storage:
  • Custom objects can be used to store information that is specific to an organization's industry or business model. For example, a manufacturing company might create custom objects to track specific production parameters or quality control data.
• Integration:
  • Custom objects can be integrated with existing Oracle ERP modules, providing a seamless flow of information.
• Considerations:
  • It's important to carefully consider the impact of custom objects on system performance, upgrades, and maintenance. Excessive customizations can increase complexity and costs.
  • It is always best to test custom objects in a test enviroment before deploying to a production enviroment.

In essence, Oracle ERP best practices promote efficient use of the system's standard features, while custom objects provide a means to tailor the ERP to unique business needs.