beginning of the video‚ Sinosteel is a very important company‚ currently holding 86 subsidiaries under its administration‚ among which 23 are abroad. Sinosteel grew through the acquisition of these subsidiaries and is likely to keep this pace within the years to come. Before the implementation of ORACLE in 2005‚ Sinosteel had to face some issues directly related to this large amount of daughter companies and the size of the company itself. We can outline two main issues Sinosteel had to take care of:
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MIS: Sinosteel strengthens business management with ERP applications 1) What is the business of Sinosteel‚ what are its major challenges‚ and how would an ERP system address the challenge they face? Sinosteel is a company that is in charge of producing and processing metallurgical mineral resources‚ trading and logistics raw materials and products‚ and it is also related engineering technical service and equipment manufacture. The company is decentralized (it has many subsidiaries)‚ while its
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Case B : Sinosteel Sinosteel Strengthens Business Management with ERP Applications 1. What is the business of Sinosteel‚ what are its major challenges‚ and how would an ERP system address the challenges they face? Sinosteel Corporation is a company submitted to the administration of the State-Owned Assets Supervision and Administration Commission. Its main activity is to develop and process metallurgical mineral resources. In addition‚ it has a mission of trading and delivering raw materials and
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What are the challenges in the implementation of ERP system! Information systems play a vital role in improving the competitiveness of a company. There are many types of enterprise information software packages which are available in the market since the year of 90s till today (Mandal & Gunasekaran‚ 2003). Enterprise Resource Planning (ERP) is one of them. Due to intense competition around the world‚ many of the manufacturing company had decided to implement ERP. It assures one application
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The subject of unemployment a major challenge is a controversial issue. In depth analysis of unemployment a major challenge can be an enriching experience. Indispensable to homosapians today‚ it is impossible to overestimate its impact on modern thought. It still has the power to shock global commercial enterprises‚ who are yet to grow accustomed to its disombobulating nature. With the primary aim of demonstrating my considerable intellect I will now demonstrate the complexity of the many faceted
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Addressing Challenges of Groups and Teams LDR 531: Organizational Behavior Virginia Hillman‚ Instructor June 21‚ 2010 Within the modern business world training programs play a crucial role in the development of employees. When faced with the task of putting into operation a new training program many things need to be considered. For teams to collaborate together with less conflict they
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Assignment 1 ERP Characteristics of ERP Solution :- Modular structure Scalable architecture Seamless integration of modules RDBMS independent Independence of hardware platform Interface capabilities PC download/upload facility Advantages of ERP (Enterprise Resource Planning) System: 1. Complete visibility into all the important processes across various departments of an organization (especially for senior management personnel). 2. Automatic and coherent work-flow from one
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ERP SYSTEM Enterprise Resource Planning (ERP) systems integrate (or attempt to integrate) all data and processes of an organization into a unified system Definitions Rosemann (1999) described the ERP system as packaged (but customisable) software applications‚ which manage data from various organizational activities and provide a fully integrated solution to major organizational data management problems. They provide for both the core administrative functions‚ such as human resource management
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ERP Executive Summary Introduction 1.1 Purpose The purpose of this report was to thoroughly research‚ mount and justify an argument as to whether or not CQU should abandon its current in-house supported Enterprise Systems and instead use a SaaS model. 1.2 Discussion These are the brief outline issues or problems found in CQU current ERP system. 1. Implementation. Selecting the right package‚ customizing the package to fit the need of the organization‚ training employees
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MAJOR CHALLENGES OF ORGANIZATIONAL MANAGEMENT There are a number of differences between FMC ’s Aberdeen and Green River‚ the two facilities of discussion. One may assume‚ therefore‚ that managerial styles‚ business practices‚ and other aspects of business and the employees involved‚ would be very different from one another. On the other hand‚ it is quite possible to use very similar styles of doing business and managing a company‚ despite differences in the company‚ as a good style of managing
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