Mis system of pantaloons
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Transcript of Mis system of pantaloons
MANAGEMENT INFORMATIONSYSTEM Of Pantaloons
Group Members:-Chintan MansharamaniAnkit Chauhan
About Pantaloons:-
Categories of Product:-Serial no. Private Label Category
1. Pantaloons trouser Men’s wear
2. Bare Denim Jeans, knitwear, jackets & other accessories
3. John Miller Shirts
4. Shrishti Ladies Wear
5. Scotsville Winter Wear
6. Scotsville Ladies Western Wear
7. Annabelle Ladies Western Wear, Formal Wear
8. Agile Sport Wear
9. Honey Western Wear for young girls
10. Akkriti Men’s Ethnic Wear
11. Lombard Classic English Formal Wear
12. UMM Trendy Sports Utility Wear
13. Ghagroos Men’s Ethnic Wear
14. Remanike Ladies Wear & Kurtis
Why SAP Was Selected?
• Software’s scalability and ease of integration
• A “perfect fit” for an enterprise-wide implementation
• Complete data integrity and real-time updates
• Expert support during migration effort• Low Total Cost of Ownership• Significantly reduced infrastructure • Expected timely completion of the project
• Aim : To deploy a robust transaction management system and an enterprise-wide platform to run its operations.
• Solution : SAP retail solution • Implemented by : SAP team with the help of Nova soft,
Singapore • Number of users : Around 1,200 • Time taken : About six months • Cost of implementation : About $10 million
Expectations from the ERP system • Support product development
– Ideation,– Trend analysis, – Collaboration with partners in the supply chain– Support sourcing and procurement– Optimizing cost, quality and speed variables
• Managing supply chain– Handling the logistics of moving finished goods from the source into stores
• Selling goods across a variety of channels to customers– Marketing – Brand management
• Managing mark-downs and capturing customer reactions• Data Analysis
Pantaloons: ERP in Retail
The Solution Some of the qualities of SAP retail solutions are that it
supports product development, which includes ideation, trend analysis, and collaboration with partners in the supply chain; sourcing and procurement, which involves working with manufacturers to fulfill orders according to strategic merchandising plans and optimize cost, quality, and speed–variables that must be weighted differently as business needs, buying plans, and market demand patterns change; managing the supply chain, which involves handling the logistics of moving finished goods from the source into stores and overseeing global trade and procurement requirements; selling goods across a variety of channels to customers, which requires marketing and brand management; managing mark-downs and capturing customer reactions, analyzing data, and using it to optimize the next phase of the design process
SAP implementation is not a single phase process. The project was divided into three phases.
• FIRST PHASE: The first phase involved blueprinting existing processes
and mapping them to the desired state. In this phase, the entire project team worked on current processes within the structure of the organization, analyzed and drafted them. This blueprint was later used in the formation of new states of the solution. Since the SAP would combine all the processes, each and every one of these had to be evaluated.
• SECOND PHASE: In the second phase, the SAP platform was developed with
the help of Nova soft’s template which was predefined by SAP after evaluation of Pantaloon’s needs and expertise in retail solutions.
• THIRD PHASE: The last phase in this project was for stores to switch over
to the new system and for current data to be ported. Before the SAP implementation, all the data was unorganized. This data had to be migrated to the new SAP application.
Benefits of ERP:-
Financial and Strategic Benefits• Greater business insights through more accurate and
timely financial information• Lower costs via convergence of financial accounting and
controlling• Enhanced data quality• Easier compliance with regulatory requirements via the
SAP parallel accounting feature
Operational Benefits• Increased business transparency via drilldown reporting
capabilities• Real-time, continuous reconciliation of cost elements
and expense accounts,• Ability to close books 15% to 20% faster• 5% to 10% reduction in accounts receivables
Organizational Benefits • Uniform Organization Structure• Unified single platform & Information Architecture • Integrated work environment – Provided an enterprise
wide view of the workflow• Improved management reporting & decision making • Allowed integration with systems of associates and
business partners• Helped in routine decision making• Allowed streamlining of business processes
Conclusion
• At Pantaloons ERP system made management of business a lot
easier by utilizing the computing power offered by the modern day Information Systems (IS) in an integrated and consistent manner.
• The ERP Information Systems facilitates faster and better management decisions in Pantaloons by providing crucial information in a timely manner.
• It also eliminates errors caused by multiple input of the same data required in disparate legacy systems.
• ERP Systems have been found to deliver high ROI despite their high initial and maintenance costs.
Thank You