A collection of resources and commentary providing an introduction to supply chain management and related systems for students, practitioners, and anyone else interested in learning more about how to design, manufacture, transport, store, deliver, and manage products.
This article discusses two examples for ERP solutions of different scenarios, scales and requirements. High maintenance costslocal controls lacking transparencyinefficient decision-making, under-utilization of resources, manual processes, etc.
So it decided to take the ERP route. The challenges for LG included: It offered large data hosting, seamless migration of old data, easy scalabilitymultiple modules addition as needed and centralized access and control.
LG hired Oracle Consulting to build a single centralized system that integrates available Oracle HR modules for uniform use at global level, thereby replacing location specific system dependency.
Achieved Benefits The ERP solution, which included a data mart, performance management system, staff portal and e-learning application, enabled the following benefits for LG: Centrally managed single system with minimal maintenance costs Transparency in the recruitment and employee appraisal processes, which hiring, engaging and rewarding performance based on the right competencies and proven performance Real-time reporting for higher management and tracking of set goals and objectives Informed decision-making due to readily available real time reports Centralized control over HR processes, with flexibility for Nike erp implementation to implement localized changes Efficiency improvement for HR functions Cost savings Easy sharing of best practices across the various centers Easy-access, self-service function for employees Facilitated learning for common tasks through document sharing and online tutorials, resulting in time and cost savings Increased employee morale, productivity and engagement It was not a cakewalk, given the large and distributed scale of ERP system implementation.
Spanned over five years in five planned phases with a clearly set objective, the ERP solution enabled LG to mitigate the challenges posed by vastly spread global centers, for its Human Resource Management System requirements. Today, LG continues to benefit with the automated ERP solution, and continues to enhance it further as needed.
ERP solution for Fuze Energy Drinks Fuze Energy Drinksgoing through a rapid growth path, found its existing systems obsolete to meet the growing business needs. Management of rapidly growing stocks and inventory Planning and managing production matched to demand and supply Reporting needs for financial decision-making Fuze was looking for a cost-effective, easy-to-maintain solution, without getting into the hassles of computer maintenance.
It offered automation for inventory managementproduction lines and real-time financial reporting with no on-site maintenance, allowing Fuze to concentrate on its core business, instead of adding overhead for computer system maintenance. Realized Benefits The system had a quick and easy setup, with no installation costs.
Among the happy results: Accounting entries enabled timely decision-making, based on real-time data. Web-hosted solutions prevented the need to purchase in-house computer hardware.
It also ensured easy and timely access to the system from variety of devices. Off-site computer hosting significantly lowered costs, limiting them to annual maintenance charges. Case studies of successful ERP implementations allow for the careful selection of vendors, systems and solutions; a clear understanding of existing gaps and objectives to be met; and sufficient and continuous engagement from the client with the vendor, as requirements keep changing dynamically over the implementation phase.
Simply leaving implementation to the vendor may not be the best idea. Working with the vendor in a partnering role produces the best results. Trading Center Want to learn how to invest? Get a free 10 week email series that will teach you how to start investing.
Delivered twice a week, straight to your inbox.Very well presented topic. Bottom line is any sized SAP implementation can succeed or fail.
Hershey situation highlights the fact that this was a situation that could be % avoided provided we did the scoping, blueprinting, testing and overall execution correctly and . NIKE Inc.
Supply Chain Management Description of Nike Company Nike Inc. is a sporting goods manufacturer who engaged in design, development and marketing of sportswear, equipment and accessories. “SCM and ERP Software Implementation at Nike: From Failure to Success.”, “Our Sustainability Strategy.”.
Even the acronym "Enterprise Resource Planning" (an evolution of "Material Requirements Planning" and "Manufacturing Resource Planning" systems of the 70s and 80s) is a misnomer. ERP is not primarily a planning system, it's a transaction processing system. Mandeep was a wonderful asset to our SAP implementation team.
Though his primarly focus was within the area of SD, he often shared his extensive SAP/EDI knowledge with other groups, such as finance.
Mandeep has a positve attitude and a willingness to collaborate and create solutions that move the business/IT forward. When Nike’s ERP Just Couldn’t Do It i2 Technologies’ stocks plummeted 22% after Nike publically blamed the company’s ERP for major inventory and order delays.
The hiccups resulted in a decrease in profits for the footwear giant. • Technical Lead for Corporate ERP system implementation - Lead integration of existing Business Processes to new Technical ERP Landscape - Managed small staff of Programmers, BSA’s and DBA’sTitle: Sr.
Director - SAP Platform, .