This website uses cookies to ensure you have the best experience. Learn more

Power It: Company Case Study And System Implementation

1881 words - 8 pages

In order to survive in this competitive business world, every business must produce or offer not only a better product or service, they must also offer better customer service, reduce their production costs and overhead costs, have a more well-planned management system, a highly reliable infrastructure, and the list is endless. Many of these can be achieved through a customized enterprise resource planning system (ERP). ERPs serve as “one comprehensive database to house all of the company’s corporate information”. However if these systems are not used correctly with the necessary change in management of people and technology it can result in failure.
PowerIT Ltd. is an autonomous company of about 200 employees whose job is to produce and repair power conversion supplies. The midsize company decided to replace their existing materials resource planning (MRPII) legacy system with an enterprise resource planning (ERP) system to “modernize practices and provide an integrated software solution” to match the growth of their customer base.
Like many other companies, PowerIT chose to purchase an ERP package from a third party vendor and have it modified to fit their company. The advantage of this option over an internally developed system is that it does not require high knowledge IT team, a requirement in developing the high scale software and application domain expertise. The disadvantage, however, is that in-house developed systems are custom- built for the company by an IT team that has high company knowledge. Whereas, a cheaper and mass produced off- the- shelf solution is built to fit the industry standard and is not tailored for a particular company. As a result, it is difficult to gain a competitive advantage.
PowerIT’s acquisition strategy & areas of relative strength: Fig 2
Figure 2 contains the list of acquisition strategies and their relative strength areas. The strategy chosen by PowerIT is a 3rd party modified off-the-shelf solution. Since it is a solution created by specialized software company, thus the level of software development expertise was also high. Also, since this is an ERP system, and since all the vendors were specializing in ERP solutions; their application domain expertise was also high. However, since the companies were not closely dealing with PowerIT, their knowledge of local company and its business cycle was presumed to be low. As we can see in the example of PowerIT, “local company knowledge area” was indeed at a low level, while other two areas were relatively high.
Problems encountered during the Selection and Implementation Phase
First of all, CEO and financial director made the decision about obtaining an ERP system based on wrong background. They perceived that their competitors within the industry were moving to an ERP system and therefore, after some investigation, decided that an ERP system needed to be acquired. Thus, they did not really see the need for an ERP system, but just wanted to be better than their...

Find Another Essay On Power IT: Company Case Study and System Implementation

Google Company Case Study

3482 words - 14 pages 1.0 Introduction Overall this case study about HR issues occurs in Google’s among the employees and employers. Besides that it also explains about causes, solutions and implementation taken by the Google to cope with the issues. There are few issues occurs in Google are Ineffective working environment, High job requirement, Rising tide of retirements, Challenge in recruitment and Difficulties in culture adaptation. Beside that the causes to

Case study tony's company

2439 words - 10 pages were come into being, owing to deficient preparation. It was the first time that Tony involved in an international transaction; he should know the circumstance of importer, importer's country, and its legal system. He also should study international trade and economic theory, and understand the economics of international business. If he does do the preparation in advance, Tony would prevent his mistakes.ReferenceCharles W. L. Hill (2002

Arctic Power Case Study

2877 words - 12 pages Arctic Power Case Study CURRENT SITUATION It is the summer of 1987. Arctic Power laundry detergent has contracted with the consulting firm of Smith and Jones, LTD to assist Arctic Power in determining their strategic direction and their product positioning. BACKGROUND AND HISTORY Arctic Power, a laundry detergent specially formulated to clean in cold water, is part of Colgate-Palmolive Canada family of products. Colgate-Palmolive Canada is

Mayne Company Case Study for Organisational Structure and change subject

2477 words - 10 pages company was renamed Mayne Group Limited in November 2000, enhancing its visibility in the marketplace to better reflect its broad, national health care and logistics operations. It was previously known as Mayne Nickless Limited. Mayne entered the health industry in 1986 and the Pharmaceuticals and Pharmacy businesses, acquired in 2001. It was previously managed by Bob Dalziel during the years of November 1995 to June 2000 but when things did not

Case Study: General Electric Company and 3M Worldwide

1622 words - 6 pages the foundation research for further development and analysis of the two companies' financial health.Company Selection Paper - General Electric Company and 3M WorldwideA publicly traded company is one which has issued securities through an offering, and which is now traded on the open market (www.investorwords.com). When a company is publicly traded, it is under constant scrutiny by shareholders, analysts, and the general public.As a result of the

Stewart Box Company - Case Study

899 words - 4 pages if it can pinpoint the sources of any variance.V. AnalysisBelow are the various systems that the company has in place, with the corresponding analyses.AccountingThe company utilizes a job-cost accounting system using standard costs. These standard costs are based on the annual estimates of labor and factory overhead costs. If these estimates were inaccurate then the standard costs would be incorrect as well. The system must be more dynamic and

Case Study on Bestco company

1015 words - 4 pages getting its payments and was not able to pay its vendors. It created poor credit rating because if Bestco could not get payments from its clients, the company could not have sufficient money to operate its business, in the worst case scenario, all staff members could not get paid. If it could not pay to its vendors, the vendors would no longer supply the materials to manufacture; it would eventually constitute a decline of its business. Because of

Ford Motor Company Case Study

3823 words - 15 pages IntroductionFord Motor Company is one of the premier automotive manufacturing companies in the world. It is most famous for demonstrating the strengths of mass-production assembly lines when it was founded in the early 1900s. Today, it is the world's largest truck maker and the one of the biggest maker of cars, second only to General Motors. Some the brands it makes cars under include Jaguar, Lincoln and Volvo; the company is also well known for

Walt Disney Company Case Study

1551 words - 6 pages Walt Disney Company Case Study PART I Why is Disney so successful The success of Disney is a combination of creativity and innovations, and the managerial ability to identify and take advantage of every possible synergy. Walter Disney was the entrepreneur who had the creative skills. Knowing his limitations, he let other people do what he couldn't do good enough himself. This is an important skill, as it leads to quality products being

Case study: Quanlity Funiture Company

1283 words - 5 pages mean the Emporium have not any risk. In fact the Emporium had the same risk, only it did not completely appear. Although the Emporium still had profit, the profit was in the very low level. And from the case statement, we can know the situation would become more difficult on the Jan. Feb. and March, 2002. So Quality Furniture Company need pay more attention to the inventory turnover and current ratio. To the different company, Quality Furniture Company should apply the different solution. In the result, it is better solution to hold to the limit established, but do not press for collection.

Case Study: Panera Bread Company

1230 words - 5 pages markets, the pair obtained St. Louis Bread Company, seeing the benefits of acquiring an already established enterprise. The niche market that Au Bon Pain had enjoyed previously, had become a strategic weakness as it became limiting. The bakery-café culture developed in the St. Louis Bread Company was too costly to implement at the Au Bon Pain locations. Shaich, the remaining founder, sold Au Bon Pain which left no debt and cash reserves to

Similar Essays

Case Study About Work System Framework Of A Company

4058 words - 16 pages Executive Summary TradX is a company that aims to sell furniture to retailers and special targeted companies. By analyzing the case study, which is on TradX Company, we came up with two different work systems for the company's trade actions. The work systems are "Replenish Retailer Inventory" and "Direct Selling." Moreover, the performance variables for the business processes are discussed in detail in the report. The report then talks about

Implementation Of Empowerment: Case Study

4163 words - 17 pages accomplishing objectives (Mullins, L. (1996) Management and Organisational behaviour). Over the years, there have been many diverse management theories aimed at solving organisational problems. More emphasis will be laid on Empowerment and how empowerment can be used to solve problems within an establishment with Fab Sweet as a case study.FAB SWEETS LIMITED (case study)FSL is a manufacturer of high quality sweets. The company is a medium-sized

Case Study Cooper Tire And Rubber Company

2334 words - 9 pages Introduction"Cooper Tire & Rubber Company, founded in 1914, specializes in the manufacturing and marketing of rubber products for consumers. Products include automobile, truck and motorcycle tires, inner tubes, NVH control systems, automotive sealing, and fluid delivery systems." (http://www.coopertire.com/about/).The case study on Cooper mainly concentrates on the tire industry, andTherefore the following analysis will be based on

Rendell Company Case Study

910 words - 4 pages Executive SummaryThis report will give us a clear perspective as to what the optimal organizational structure that suits Rendell Company plus some additional control system in attaining the company's main objectives. We will be also tackling the roles, functions and responsibilities of a controller in an organization. This case takes us into Rendell Company which is currently having problems between the corporate controller and the divisional