Mis: Sinosteel Strengthens Business Management with Erp Applications

890 Words Feb 26th, 2012 4 Pages
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 business is expanding all around the world.

The main challenges for Sinosteel:

- Improving and consolidating its management, overwhelming their lack of centralization.

- Being more efficient, at the level of resources
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It is one of the most used ERP platforms in the world

- Oracle is a common central database : thanks to its technology and its flexibility, Oracle can spread a huge flow of information and data so as to enhance a better cooperation between departments and with external partners

- Oracle is divided into software modules (for instance Oracle SCM, Oracle CRM) which allows to get precise and relevant information of each department

4) How did business processes change in order to implement this ERP system?

Business processes are the manner in which work is organized, coordinated and focused to produce a valuable product or service[2].

The implementation of the Oracle ERP system generated some radical changes in business processes. The Oracle MS System aims at optimizing management processing:

- by standardizing managerial regulation, meaning that the company has to decide globally about its RH structures

- by standardizing coding since worldwide supply chain management is a significant activity of Sinosteel

- by preventing all types of data/information risks in the diverse operations through a transparency

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