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PrashantS
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Joined: 14/Oct/2006
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   Topic: How technology improves business process?
Posted: 21/Dec/2006 at 9:27am |
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Basantji if they can implement SAP ...it would be great.....Pantaloon is expanding well in Bangalore..........but i hope reliance or walmart dont muscle out other players
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India_Bull
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Joined: 19/Sep/2006
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Posted: 25/Dec/2006 at 5:34am |
I am not sure but I guess they might have implemented SAP-Retail package.
Some of the points I can highlight:
SAP for Retail supports the following business processes for grocery companies:
- Category management -- Determine the optimal product mix and quantities for stores, shelf requirements for each product, and prices and promotions -- supporting step-by-step cooperation and coordination in development, implementation, and monitoring of business plans.
- Supply chain planning -- Collaborate with suppliers in areas such as demand planning and replenishment to help streamline merchandise flow, reduce out-of-stock situations, and balance inventory.
- Purchasing -- Automatically handle all routine procurement tasks, from requirements determination and requisition processing to purchase order generation.
- Supply chain execution -- Maintain a high level of service while optimizing labor and resources by providing precise availability information based on real-time inventory across the supply chain, and supporting the complete purchasing and delivery process.
- Multichannel retailing -- Build business on a solid transactional backbone and integrate different sales channels, better understand customer preferences, and leverage customer information.
SAP for Retail supports the following business process for fashion retailers in addition to the above:
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Seasonality management -- End a season with as little stock as possible while minimizing revenue loss due to price reductions. Tap into customer demand information at the store level to determine the right product mix, prices, and merchandise flow through the season.
Could you pls get some more information on this front,just curious if they have implemented APO and BIW tools as well which will bring huge advantages. I think Reliance retail is also implmenting SAP-Retail though.
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India_Bull forever Bull !
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basant
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Posted: 25/Dec/2006 at 7:52am |
That sounds interesting and what you wrote this should bring about efficiency in any business by lower inventories, lesser capital and so on. Pantaloon is also doing an ERP package in the Rs 100 crore outlay that it has set for technology upgradation. Even if they get a 1% operating margin expansion I think thatthis money will be recovered in 3 years.
How different is ERP from SAP or do bothe these systems complement each other? About those specifics (APO and BIW) I am not aware and would let you know as soon as I am able to find out.
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India_Bull
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Posted: 26/Dec/2006 at 3:40pm |
ERP is Enterprise Resource Planning and is a concept developed from MRP (Material Requirement Planning) and is basically an integration of MFG,FIN and SALES and other addon business processes...
SAP is one of the product and market leader with almost 65% market share worldwide. Oracle fin,Peoplesoft,Baan etc are other companies that make ERP packages.
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India_Bull forever Bull !
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s_praharaj
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Posted: 26/Dec/2006 at 6:41pm |
Thanx sandy for briefly and clearly explaining the SAP.
SAP is something which is highly essential for big companies. My brother was closely associated with implemenation of SAP in M&M and I used to talk with him about it. It may initially look costly, but it saves a lot of money as it plans everything and gives reports and alerts to the management in real time. It helps the management in perfectly managing the inventory, debtors, creditors sales, personnel, customers etc etc. It also helps in Data mining , Customer Relation Management etc etc.
In Banking SAP is called Core Banking Solution (CBS), which RBI has advised Banks to implement. Major vendors are Infosys, Iflex.
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Shashi Praharaj
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India_Bull
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Posted: 26/Dec/2006 at 6:54pm |
Very truely said. SAP transforms the business you do !!!
In banking you have mentioned Iflex and Infy, does Nucleus also into Bank ERP?
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India_Bull forever Bull !
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s_praharaj
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Posted: 26/Dec/2006 at 8:36pm |
Nucleus does not have any CBS software.
As far as I know they have some treasury Management and Fx software.
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Shashi Praharaj
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omshivaya
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Posted: 26/Dec/2006 at 2:52am |
Nucleus specializes in the "Loan Origination software" segment and is a leader in the "Retail Lending" part of the BFSI . It beats even Infy and I-Flex in many deals on this front. Interestingly, Nucleus' software has been chosen over Infy's and I-Flex in the particular area that Nucleus provides software for, by many banks in India. Also interestingly, in its niche segment in India, more than 70% of the banks have Nucleus' software implementation(chosen over Infy's and I-Flex) That is the kind of leadership Nucleus has in its niche area.
Nucleus has the major market share(over 70%) in "Retail Lending and Cash Management", where Infy and I-Flex lag far behind Nucleus.
Plus, Nucleus has done a very good thing by venturing into Japan, Africa and Middle-east in a a major way that the biggies havent...thus giving Nucleus' software pricing power.
I know though out of context of the topic on this thread, this was just for information purposes for anyone wanting a brief idea on Nucleus product offerings. Post can be moved to somewhere else, if inappropriate here. Thanks.
Edited by omshivaya - 26/Dec/2006 at 3:04am
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