Management
Novartis Vaccines
Novartis is a global manufacturer of vaccines.
According to the company’s website, it is estimated that in every single second,
25 people get vaccines around the world and that a disease like polio has led
to the manufacture of more than 350 million doses in the efforts to ensure its
complete eradication. Novartis uses two main forecasting tools in its business operations:
demand forcasting, and inventory and supply forecasting.
Novartis also uses the demand forecasting
tools to get the detailed information about the global market. This information
is very important to the company since it enables them to allocate resources
for the development, production, and commercialization of its new vaccines. The
inventory and supply forecasting tools are also used in the company. Novartis Company
has warehouses situated around many countries around the world. Proper
inventory system and processes are very critical in ensuring that the customers’
needs are properly met. For a big company like Novartis, inventory, and supply
forecasting plays a huge role in ensuring that the company avoids rework in the
manufacturing department. It would also eliminate stock-outs in the local
stores thus saving the company from such losses.
Kansas Department of
Transportation
The company uses the cash flow
forecasting tools to manage and forecast its cash flow because the spreadsheet
used by the agency was slow and inflexible. The agency therefore contacted the
Vanguard for their cash flow forecasting products. The cash flow forecasting
tools helps the agency by providing an accurate and complete picture of the
agency’s cash flow. This means that the employees are now able to see all the
funds for any project that the agency is involved in and see the adjustments on
the cost of operation due to factors like the seasonality and inflations.
The forecasting tools also enable the
agency to carry out faster analysis of the available funds and the funds used
in any project. The tools provide reports on forecasting on any number of
complicated situations without slowing the agency’s computer systems. The tools
have benefited the company in many ways.
It has provided a fresh new method of
generating revenue to the agency. The tools have also improved the efficiency
in the spending within the company. The tools brought faster response to
various needs in the agency and this would boost the agency’s reputation.
Case2
What
are the advantages of implementing ERP in a merger or acquisition?
Ensure clear visibility of all the important
functions in various departments of the merging companies.ERP also ensures
coherent and automatic workflow in the newly created departments in the merger.
The systems would also ensure that there is a streamlined reporting and
analysis of the finances. The merger would experience a smooth transition of
the workforce, applications, and the processes.
ERP systems would enable the new merger
to implement the new management and analytical reporting capabilities. A single
ERP systems would enable the merging companies to lower their information
technology costs.ERP would make the merger to have lesser complexity in
controlling the environment. The ERP systems allows for the creation of
reusable tools, processes and templates that would be very useful to the
merging companies.
2.
What are some of the disadvantages?
The disadvantages of the ERP system
include the following; High costs incurred during the planning, configuration,
customization, testing, and even the implementation of the systems. Mergers
mean that the companies have to deploy new sets of ERP systems. This would mean
that a lot of time would be consumed before the systems are operational. Some
systems may take more than 3 years to be operational.
Too much configurations and
customizations required in the mergers would make the systems very slow as
compared to the case of a single company. The difficulty in learning the ERP
systems reduces the user’s participation. The success of ERP system is
therefore hindered since user’s participation is a key factor for the success
of any project.
How
would you minimize the cost of implementing multiple ERP systems over time?
The best way to minimize the cost of
implementing many ERP systems would be through the two-tier strategy. The
long-term plan would consider the staff, implementation, maintenance, and
customization costs. Double-tier provides reduced costs incurred in these
areas. Consideration to these costs of implementation and others would mean
that a company is able to make significant savings on its finances.
Assume
that you are the chief information officer of Celestial. What factors would you
consider in deciding which ERP implementation to use in both Canada and Asia?
Canada
and Asia are two regions that represent developed and developing countries respectively.
The factors that are considered and that are influential in these two countries
are mainly five: economic growth and the economy, the infrastructure in the IT
and other essential areas, IT maturity of a country, the computer culture of a
country and the business size.
The developed country like Canada has an
upper hand in all the above factors. In making a decision about the
implementation of ERP worldwide, there are other additional factors that would need
to be considered; the manufacturing strength of the industries within a country,
government regulations, and the regional environment.
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