Sinosteel Strengthens Business Management with Erp Applications Essay

Words: 940
Pages: 4

Q1. What is the business of Sinosteel, what are its major challenges, and how would an ERP system address the challenges 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.

It has core business in resources development, trade & logistics, engineering project and science & technology, equipment manufacturing and specialized service, providing comprehensive auxiliary service for steel industry, especially steel mills.

Maintenance of
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These improvements were mainly perceptible in the customer relationship management, the supply chain management and the human resources management, although ORACLE also provided Sinosteel with improvements in the fields of finance, project management, and so on.

The main goal was to consolidate the management existing in a decentralized corporate structure, and optimize the management processing in all core business functions. An ERP system improves the information sharing, so the management efficiency.

The President lists several objectives that can be reached thanks to an ERP system:
- Checking inventory levels at any time, and optimizing resources assignments.
- Optimizing human resources management
- Preventing from all kinds of potential information risks

Q3. What factors were important in the choice of Oracle? The Oracle is the CEO of the International level, has very strong advantages, especially in enterprise resources management, and has very good applications and strong advantages to do such kind of project. Oracle has advanced technologies and relative flexible platform, it is very easy to learn, administer and maintain.

Q4. How did business processes change in order to implement this ERP system?

The Develop to deliver a business inside, adapt industry processes and superior ownership experience, oracle applications enabled the efficient management of