Preview

SAP's Optimization of Inventory and Order Tracking Processes for Modern Industries

Powerful Essays
Open Document
Open Document
1282 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
SAP's Optimization of Inventory and Order Tracking Processes for Modern Industries
MODERN INDUSTRIES

SAP OPTIMIZES INVENTORY AND ORDER TRACKING PROCESSES FOR MODERN INDUSTRIES

QUICK FACTS
“The implementation has integrated and streamlined our business processes and has resulted in optimized and cost-efficient inventory and order tracking process.”
Mr. Shakil Khan, Manager (IT), Modern Industries n Summary n n n n n n

Implementation Highlights n n

Name: Modern Industries

Location : Ghaziabad, India Industry : Manufacturing Products & Services : Freight Wagons Revenue : Rs 80 Crores Employees : 600 www.modernindustries.co.in e-Tomato Consulting

n

n

Quick implementation Strong support and commitment of the internal IT team Good understanding of the implementation partner Expertise of the implementation partner Well-known brand Ability to integrate all the processes onto a single systems Scalable solution Automation of core processes Standardized processes Centralized database Availability of real-time information Enhanced efficiency in inventory and order tracking Reduced cost of operation Clarity, integrity and accuracy of information Better decision making FoxPro based inventory system Disparate systems for finance and inventory Lack of a centralized database

Website n Why SAP n n

Implementation partner n Challenges & Opportunities n n n n n

Integration of business processes Better inventory control Better order tracking Better control on raw material pricing Availability of real-time information Streamlining of operations Single source of critical business information Centralized financial system Online tracking of inventory Minimizing manual efforts SAP Business One

Benefits n n n n n

Objectives n n

n n

n

n n n

Existing Environment n n

SAP® Solutions & Service n n

SAP ERP Success Story MODERN INDUSTRIES

MODERN INDUSTRIES

SAP OPTIMIZES INVENTORY AND ORDER TRACKING PROCESSES FOR MODERN INDUSTRIES

Transporting a huge variety of
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Better Essays

    Kudler Fine Foods Case Study
    • 1064 Words
    • 5 Pages

    Kudler Fine Foods Case Study

    The implementation of the new industry software will enable the company to keep a better record system for the products they currently provide. The new software will allow the company to dive into more internet based transactions. Kudler will not be able to not only see what the inventory levels look like at the other locations but they will be able to make supply orders while keeping track of what has been ordered and the cost associated with those orders. This will eliminate the need for employees to constantly track the inventory in each location. Time, manpower and money will all be saved with this implementation. The use of the new system should be maintained by the accounting department. “As a business grows, the approval of purchases shifts predominantly to individuals within the accounting department” (Market Platform Dynamics, 2007). This will allow for multiple orders to be processed at one time thusly saving the company money based upon the volume to be purchased and guarantee the correct products go to the correct locations. This system will most definitely cut down on the errors that were previously done when everything was manually done by employees. The new software will provide an avenue that should lead Kudler Fine Foods into the market as a force to be reckoned…

    • 1064 Words
    • 5 Pages
    Better Essays
    Read More
  • Satisfactory Essays

    Nt1310 Unit 3 Review Questions
    • 464 Words
    • 2 Pages

    Nt1310 Unit 3 Review Questions

    The company is reengineering the company’s Intranet/Information systems and enterprise resource planning (ERP) system. The upper management has chosen to implement SAP to connect all aspects of the company; accounting, manufacturing, aircraft services, supply inventory, and customer resource management (CRM). Implementing this new information system (IS) will allow the different parts of the company to operate as one, by allowing the various modules in SAP to communicate and exchange data. SAP will replace all of the outdated and splintered software the company currently uses by allowing easier communication between the departments and the programs that are used. The change was started about three years ago and will be completed in about two years for a total of five years to complete and be fully implemented. Connecting all of the different departments will save a tremendous amount of money for the company. Reengineering the IS systems will allow the sales department and customer representatives more easy access to the customer’s information, such as current and future orders, current aircraft service status or new aircraft delivery time; thereby increasing the customers value and customer…

    • 464 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Powerful Essays

    Riordan Manufacturing Project
    • 3470 Words
    • 14 Pages

    Riordan Manufacturing Project

    The service request presented by Hugh McCauley, COO of Riordan Manufacturing, is to suggest several specific systems of changes that will improve the company 's inventory tracking capabilities. Currently Riordan Manufacturing does not have technology implemented in their business to perform this task. By incorporating the advancements requested by LTB, enhanced…

    • 3470 Words
    • 14 Pages
    Powerful Essays
    Read More
  • Good Essays

    Case Study Amazon And Lands End
    • 1012 Words
    • 5 Pages

    Case Study Amazon And Lands End

    In augmentations, both Land's End and HEB concentrated on enhancing their profit utilizing IT and saving cost. One principal path in which the two organizations decided to utilize technology was supply chain management, as HEB decided to fundamentally create economies of scale utilizing ECR (Efficient Consumer Response) while Land's End decided to seek a partnership with ASI (Archetype Solution, Inc) with a specific end goal to add to its mass customization framework. Both strategies prompted upgrades in organization proficiency and synergistic vertical associations with suppliers and producers. Before the end of HEB's patching up of their POS framework and full usage of the CRP framework, both Land's End and HEB had a comparable framework of taking out the requirement for manual purchasing and contact with makers. HEB was able to use their CRP and POS scanning system to allow manufacturers to access their inventory levels and supply them based on forecast demand and other constraining factors (McFarlan, 1997). Land's End has a comparable thought in which e-commerce based requests for altered merchandise would go specifically to the producer, ASI, and would consider a lessening in stock administration inside of the firm. This additionally considered cooperative energies between the retailers and their point of view producers and suppliers in which stock levels at both the retailer and producer could be…

    • 1012 Words
    • 5 Pages
    Good Essays
    Read More
  • Powerful Essays

    Qrb-501 Week 2 Team Assignment
    • 2054 Words
    • 59 Pages

    Qrb-501 Week 2 Team Assignment

    The purpose of this group assignment is to collaborate as a team to compare different inventory systems and describe the advantage and disadvantages of each system in comparison to the others. Management of inventory is important to any business that wants to succeed. Companies purchase inventory systems to help manage the inventory of an organization. Team A reviewed the following companies and their inventory management programs: Best Buy, , and . This Inventory System Summary includes a description of the chosen companies and their inventory systems, and a comparison describing the advantages and disadvantages of each system. Best Buy…

    • 2054 Words
    • 59 Pages
    Powerful Essays
    Read More
  • Better Essays

    Newell Rubbermaid Upgrades
    • 908 Words
    • 4 Pages

    Newell Rubbermaid Upgrades

    The Newell Rubbermaid Company is growing rapidly, and with this fast growth of Rubbermaid come certain needs in order to maintain a smooth business process. There are several other databases that support SAP ERP, that come from different vendors supporting. Rubbermaid had a difficult time reporting across the different operating units. The solution to their problems was SAP ERP.…

    • 908 Words
    • 4 Pages
    Better Essays
    Read More
  • Powerful Essays

    Supply Chain Management at TaylorMade
    • 838 Words
    • 3 Pages

    Supply Chain Management at TaylorMade

    1) It stabilized and improved basic business processes. It developed enhanced supply-chain capabilities, including fast delivery of customized product. It purchased a rash of new software applications. Underlying the entire project was a desire to integrate supply-chain strategy with that of the organization as a whole.…

    • 838 Words
    • 3 Pages
    Powerful Essays
    Read More
  • Satisfactory Essays

    Peapod Essay
    • 346 Words
    • 2 Pages

    Peapod Essay

    Strengths * Pioneer in e-commerce * Experience * Just-in-time inventory system * Easy to navigate website * Competitive prices…

    • 346 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Better Essays

    Ltb Inventory Systems
    • 1749 Words
    • 7 Pages

    Ltb Inventory Systems

    Inventory Systems are the software used to plan and track inventory balances and activities (Investopedia, 2012). There are many inventory systems, which can be used in an organization to track products sold or used. Team B’s team members will describe his or her organization and the current inventory system he or she uses. Each member will discuss the advantages and disadvantages of his or her inventory system. Team B will also do a comparison between each organization to identify the strengths and weaknesses. Below one will find the discussion to the topics mentioned above.…

    • 1749 Words
    • 7 Pages
    Better Essays
    Read More
  • Satisfactory Essays

    DAP Final
    • 549 Words
    • 5 Pages

    DAP Final

    Just-in-time alignment, manufacturing knowledge to reduce downtime, open relationship with customers to address their needs.…

    • 549 Words
    • 5 Pages
    Satisfactory Essays
    Read More
  • Powerful Essays

    Woolworths Ltd Strategic Analysis
    • 2961 Words
    • 12 Pages

    Woolworths Ltd Strategic Analysis

    * Solid capital support, strong brand name and relationship with suppliers that builds a highly effective and economic distribution channel * Distinguished and reliable brand reputation * Training and learning programs and leadership programs for both employees and executives * Wide-spread…

    • 2961 Words
    • 12 Pages
    Powerful Essays
    Read More
  • Good Essays

    Vendor-Managed Inventory at NIBCO
    • 923 Words
    • 4 Pages

    Vendor-Managed Inventory at NIBCO

    NIBCO has 100 years history and $ 400 million revenues. The main product is flow control like valves, fitting, and hangers so on. Compare to other same types of manufacturers, NIBCO wants to provide low price and differentiation of flow control products. In these days, the product quality is not only a requirement among the commodity markets. The value-added services also are good ways to attract more customers. However, when NIBCO wants to give value-added services to customers, the old system cannot suit their needs. The managers of NIBCO decided to use SAP R/3 implementation project, which helps them to deal with issues. From 1998 to 2001, SAP R/3 implementation has run smoothly in NIBCO. As a supply chain business processes, the improvements are both in supply-side and customer-side. The SAP implementation begins a demand-pull system instead of forecast push-system in NIBCO. Further on, NIBCO wants to reduce costs, improve customer satisfaction, and increase revenues. Vendor-managed inventory (VMI) program and a multiple customer service channels were initiated to enhance customer loyalty and increase electronic ordering. Wirelesses scanning for warehouse management and inventory replenishment policies were constantly processed to improve worker productivity and order fulfillment accuracy. Raw material purchase consolidation, followed by supplier-managed inventory pilots results in cost savings practices. Therefore, NIBCO uses vendor-managed inventory (VMI) program to meet their wants. After using this approach, NIBCO builds closer relationship with key customers.…

    • 923 Words
    • 4 Pages
    Good Essays
    Read More
  • Powerful Essays

    7-11 Japan
    • 3765 Words
    • 12 Pages

    7-11 Japan

    Thirdly, SEJ invested in a powerful information system that allows rapid and efficient communication. Point of sales data are utilized to bring about a competitive advantage and a smooth cooperation of with suppliers. Features,…

    • 3765 Words
    • 12 Pages
    Powerful Essays
    Read More
  • Satisfactory Essays

    Benefits Marks & Spencer Derives from Ec
    • 781 Words
    • 4 Pages

    Benefits Marks & Spencer Derives from Ec

    Also through automated inventory process the company was able to reduce the cost of centralized…

    • 781 Words
    • 4 Pages
    Satisfactory Essays
    Read More
  • Satisfactory Essays

    Computer-Based Inventory System
    • 317 Words
    • 2 Pages

    Computer-Based Inventory System

    One of the most sought after automated systems of different companies is a purchasing and inventory system which comes hand in hand. A purchasing and inventory system is very important in every organization because a good purchase and inventory management can create excellent productivity. Primarily, i6nventory work consists of input, output and restock. Input is a process of buying new products into the inventory and replacing the old products with the new ones. Meanwhile, output is a procedure of taking out the products from the inventory for sales or usage and refill is a process of increasing the number of existing products in the inventory in order to fulfill the insufficient products or escalating demands. Most of the retailing market is using traditional way in the inventory management system where a person is assigned to check and record the stock by hand using pen and paper. It is where operations with regards to all the stock will be archived. Investing in one will provide the company a bigger chance of acquiring more customers because of their fast and reliable services. It will also ensure the accuracy of their operation records which can be bestowed to the customers and partners upon request. This will develop trust between the company and the…

    • 317 Words
    • 2 Pages
    Satisfactory Essays
    Read More

Related Topics