Scm Practices at Tisco

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Supply Chain Management
Practices at TISCO

Table Of Contents

* Company Profile

* Introduction

* Implementation of ERP system SAP and E- commerce in Tata Steel

* In a Nutshell
* Six ERP Design Challenges for Steel Companies
* Tata Steel's Approach
* Implementing e commerce

* Performance Measures of Supply Chain Management

* Non Financial Measures
* Financial Measures

* Relationship between Supply Chain Management and performance in Tata Steel.

* Working Capital Cycle
* Inventory Management
* Debtor's Turnover
* Labor Productivity
* EBITDA Margin
* Customer Satisfaction
* Forecasting Capability

* Conclusion & Outcome

* References

Company Profile
Established in 1907, Tata Steel is among the top ten global steel companies with an annual crude steel capacity of over 28 million tons per annum (mtpa). It is now one of the world's most geographically-diversified steel producers, with operations in 26 countries and a commercial presence in over 50 countries. The Tata Steel Group, with a turnover of US$ 26.13 billion in FY 2011- 2012, has over 81,000 employees across five continents and is a Fortune 500 company. Tata Steel’s vision is to be the world’s steel industry benchmark through the excellence of its people, its innovative approach and overall conduct. Underpinning this vision is a performance culture committed to aspiration targets, safety and social responsibility, continuous improvement, openness and transparency. Tata Steel’s larger production facilities include those in India, the UK, the Netherlands, Thailand, Singapore, China and Australia. Operating companies within the Group include Tata Steel Limited (India), Tata Steel Europe Limited (formerly Corus), NatSteel, and Tata Steel Thailand (formerly Millennium Steel). The Tata Steel Group has a balanced global presence in over 50 developed European and fast growing Asian countries, with manufacturing operations in 26 countries and various ongoing projects in different parts of the world. It is the first integrated steel plant in Asia and the world's second most geographically diversified steel producer. The Tata Steel Group is proud of its performance culture. They are committed to the pursuit of challenging targets, and to safety, environmental protection, continuous improvement, openness and social responsibility in every aspect of their business around the world. Tata Steel set four key corporate goals to achieve by 2012: * Value creation: Deliver a 30% return on invested capital (ROIC) * Safety: Achieve an industry leadership position by driving down our lost time injury frequency rate (LTIF) to a maximum of 0.4 incidents per million hours worked * Environment: Reduce carbon dioxide (CO2) emissions to less than 1.9 tones per tonne of crude steel (t/tls)1 * People: Rank as an employer of choice in the top quartile across all industries. Steel is an essential material used in many industries – it’s the backbone to countless products, structures and services that shape the everyday lives of people throughout the world. Tata Steel serves customers in all the major market sectors globally, and recognizes that each sector, such as automotive or construction or packaging, requires different solutions to meet its specific needs. Depending on market, region and specification of the product, they serve their customers directly or through various steel service centers. For Tata Steel, the constant focus is on delivering total dependability, assured quality, responsive service and added value to customers in every market sector. TATA steel is India’s largest integrated private sector steel company that started its corporate journey in the year 1907. Backed by captive iron ore and coalmines, Tata Steel runs state-of-the-art Cold Rolling Mill complex at Jamshedpur, Eastern India. The enterprise has undergone a modernization programme costing $2.3...
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