Sambalpur: Mahanadi Coalfields Limited (MCL) has set the ball rolling for implementation of Enterprise Resource Planning (ERP), which is a transformational project named “Passion”, which will impact basic fabric of business processes and improve organisational efficiency.
Mr B N Shukla, CMD has inaugurated the “ERP Centre” at company headquarters in the presence of Mr OP Singh, Director (Technical/ Operations), Mr KR Vasudevan, Director (Personnel), Mr K K Mishra, Director (Technical/P&P) and Mr Keshav Rao, Director (Personnel) and other senior officers.
The Centre has facilities like high speed Internet connectivity, Video Conferencing, Peripherals (PC / TV / Printing Station etc), Conference Hall, Discussion rooms, Large Work Area for working of the Subject Matter Experts, IT Consultants and Programmers.
Considering the preparedness, Coal India had chosen MCL for SAP-ERP implementation in the first phase along with Coal India-HQ and one more sister subsidiary, which is aimed at a number of tangible benefits, such as consolidation of operational costs, enhanced productivity, faster collections, improved cycle times, efficient asset management, expense control, inventory reduction, improved work life balance of senior management, etc.
Besides, ERP will provide intangible benefits, like better employee and customer relationship, improved and well-informed decision making, transparency, compliance, standard and streamlined processes, improved employee satisfaction, business Intelligence, best business practices, etc.
The core functions to be covered under the scope of ERP are Project Management, Production & Planning, Marketing & Sales, Asset and Plant Maintenance Management, Purchasing/ Procurement, Contracts and Materials Management, Finance & Management Accounting, and Human Resources Management, including Payroll and Employee Self-Service.
SAP-ERP is known to be one of the best ERP software solution in the world, and is a robust and proven state-of-the-art ERP system to effectively plan, manage and optimise organisational resources i.e. Men, Machines, Materials and Money to maximise the socio-economic value to its stakeholders.