Tisco (tata iron and steel company limited)

Tisco (tata iron and brand guild limited)1. IntroductionTISCO (Tata Iron and sword Company Limited) is the worlds sixth largest steel club which was established by Indian businessman Jamshetji Nusserwanji Tata in 1907. It is also the largest private sector steel company in India in terms of domestic production. The company is the fifth largest steel producer in the world as it produces 18 million loads of steel in India and 52.32 million tons overseas. 1 The aim of the company was to view as its reputation in the steel industry. For this they had to do almost advancement in their technology because, the legacy agreement was outdated. Basic solelyy they cute to transit from a production-driven company to customer-driven company which will make them much Customer friendly. 2 For the improvement in the system they had implemented ERP SAP 3 which later on resulted in a success of company. Generally its not so free to be successful in the ERP implementation extremity, but as the company had taken right decision on right time, they were able to stir up the want results from the implementation2. ERP Implementation2.1 Need of an ERP System TISCO was facing 2 main problems. Firstly, the systems which were they using were outdated and it was also having some errors. Secondly, the system was loosely designed for the hang in and which make them to pay less attention to the customer needs. 3 Finally, company decided to implement a new ERP system which is error-free as well as less complex and which will also cooperate them to become more Customer friendly. 2.2 ERP System Selection The company cherished such an ERP system which would satisfy the factors such as time, profit, cost, compatibility, support, transp atomic number 18ncy and approaching requirements. While working on these factors company was also forecasting the physical body which will become in the future after implementing any ERP system. So at long last after a thorough study, the company ended up with the SAP 3 ERP which was fulfilling all the requirements of the company. 2 2.3 ERP Implementation Process The ERP implementation process is a very time consuming because it has to go through some major factors like planning, designing and testing. Most important thing is that the system should butt on the companys demands. Thus, to implement the SAP ERP system, a period of 8 months was mete out which was a big challenge for the company. 3 But the company was able to meet the deadline successfully.3. Factors Contributing to Success3.1 Planning The initial step for the company was to slant out the goals that are is to be achieved. According to the goals they designed the process plan. TISCO wanted to create such an environment which will always make them to see to it something new by which they can make changes to make the system more efficient. They had also planned round the changes that can affect the system in future. By this they can immediately implem ent the solutions for the changes without wasting the time. The company wanted the software to work in such a way that it would better the products and inspection and repairs which will make the company to maintain its reputation in the steel industry. 3.2 Process Organization Its always good when the process is change integrity into some parts so that distributively process can be incubated separately with less complexity. So the company had divided the totally process into two parts. The process which was more complex and had more transactions was define as the Hubs and the process with less complexity and transaction was defined as the Spokes. 2 Hubs are the major part whereas the Spokes are the minor parts. Spokes were attached to the Hubs because finally the whole process was going to run to calculateher. These processes were designed into the SAP modules. large training had been given to the developers to work on these modules so that they can handle the problems which might occur plot of land testing these modules. The company had given deadlines for each module because the final task was to run all these modules at the similar time. And at this point if any kind of errors would occur then, there should be enough time to work on it. So, In order to run all these modules together the developers had to do the proper implementation of their knowlight-emitting diodege.3.3 Final coiffure At this stage the company was ready with all the modules and was preparing to go stand firm with the entire render. This stage was very crucial for them because this is the moment when they will get to know the results. As the company did not face any problems while working on the declare oneself, the desired results were expected. They had done the thorough analysis of the whole process and implemented the solutions for the changes where they were required. So the company was quite confident about the outcomes.3.4 Result Finally TISCO got success in SAP ERP imp lementation project. This project helped the company in terms of financial, technical and managerial aspects. 3 This project made company to update its customers daily and providing a good quality of service across the country which led to the improvement of customer management. This project had led company to an improved productivity, enhanced customer service, speed delivery and minify cost. The system was less complex and a user friendly which was the biggest advantage. This project helped the company to reduce the product cost and gain more profit in the industry.3.5 Future Steps The success of this project was motivating for some(prenominal) the TISCO and the ERP vendors. Now TISCO is not only using this software but they are also going to work on it further to gain more benefits for the company as well as for the stakeholders. 3 This will help company to make more profits and satisfy the customer needs efficiently. In this way the company can keep its existing hold in the st eel industry.4. Conclusion Many big companies have failed to implement ERP systems. overdue to this fact many companies doesnt prefer to implement ERP. But this fact did not affect TISCOs morale. They worked very hard on the project which made them more confident about the results. The speed at which they worked and the way they synchronized all the work was remarkable. This was one of the major contributing factors for the success. Finally the project gave the desired results and fulfilled all their expectations.5. References1. Wikipedia (2007) http//en.wikipedia.org/wiki/Tata_Steel 2. Bhavish Sood, (2001) Indian Express Group (Mumbai, India) http//www.networkmagazineindia.com/200210/case5.shtml 3. Crewind Technologies Pvt. Ltd. (2009)http//www.erpwire.com/erp-articles/saperp-success-in-tisco.htm