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ERP AND THE CHANGING SCENARIO OF THE CORPORATE: CASE OF OSRAM INDIA LIMITED.
ABSTRACT The paper deals with the changing scenario ...
Submitted by ravikrishnan on March 24, 2008
Category: Business
Words: 2817 | Pages: 12
Views: 109
Popularity Rank: 70,775
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ABSTRACT
The paper deals with the changing scenario of the corporate where the implementation of the ERP solution proved success and more implementations are carried out at different segments of the industry despite of the fact that the ERP projects failed heavily in India during the previous decade.
ERP has a significant impact right from the time it is conceived in the organization. It paves way for restructuring which would not have otherwise happened in organizations sticking to traditional and conventional values. ERP is an eye-opener for organizations because they get to realize the fine distinction involved in modifying the business processes. Organizations now disclose vital information in the public domain, which was otherwise, considered confidential and not meant for dissemination.
Paper deals with the case of Osram India Limited where the ERP project was undertaken by Siemens Information Systems Limited, Gurgaon which resulted in reduction in forecasting horizon, reduction in forecasting errors and changes in production plan, local material procurement cycle reduced by 50% resulting in inventory reduction of 30%;improved maintenance plan reduced the down time of critical machines by 30%; reduction in inter warehouse transfer by 70%; improved stocked visibility and access to head office data led to reduction of order processing cycle time, easy ordering and transactions, better stock control and vastly superior services for channel members. The customers got direct access to wide range of OSRAM products and services using new channel and ability to engineer complete systems quickly with firm delivery.
INTRODUCTION
Indian industry initially had legacy systems working on different platform, which were developed in-house, and tailor made to their method of working. Since the legacy system took care of data processing, only, the system generated some operational reports. Real MIS resided...
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