Novo Nordisk 3
Novo Nordisk 3
Novo Nordisk 3
Product areas
Cross Functionality
It is a technique that cross the boundaries of traditional business functions (such as marketing and finance), in order to reengineer and improve vital business processes all across the enterprise. These functions are neither completely dependent on each other nor completely independent of each other.
Finance
Budgeting and Planning
Approval of Projects Collaboration with other departments e.g. Accounts
Accounts
Cash Management, A/C Receivables, A/C Payables and other cash related functions All transactions are posted on system, making it easy for planning. Any crucial payment is posted on system for approval. If it is below Rs 50,000 HOD can approve it otherwise it is directly sent to CFO.
Logistics
It is continuously in contact with head office. It is in continuous collaboration with finance and accounts department. Order is placed through system
All documentation and status is posted on system for review from head office
Human Resource
Maintains separate account for each employee in system. Each employee has separate ID in system and profile includes their JD and daily tasks and assignments. Salaries are updated monthly, finance approves and Accounts disburse it.
Advantages of SAP
Enhance Efficiency and Quality in work performance. Allows easier global integration Time and Costs Saving Reduce error chances Enhance Security Enhance Operational Activity Superior Service & Customer Caring Cross Functionality Work Remotely
Disadvantages of SAP
High costs. you will spend a lot of money in licenses High Consulting Fee at the time of infrastructure Lack of Flexibility and lack of speed due to Java applications. It is not user friendly due to Rich internet applications are not supported by all browsers Demanding expensive servers Implementations have a risk of project failure
For security and safety, access card is used to open the main door to office. It is give to all employees in organization.
Learning
IT plays a supportive role in business operations
Practical implementation of various concept studied in course. E.g. VPN, Extranet and Intranet etc Also, these systems provide business with cost efficiency, competitive advantage and smoother operations.
ANY QUESTION.