logo

Should Ajanta Pharma Ltd Purchase the Full Version of ERP Software or Not?

   

Added on  2019-09-23

14 Pages4674 Words136 Views
 | 
 | 
 | 
STRATEGIC INFORMATION FOR BUSINESSAND ENTERPRISE
Should Ajanta Pharma Ltd Purchase the Full Version of ERP Software or Not?_1

TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1Defining business process............................................................................................................1Developing business requirement................................................................................................3Determining system requirement.................................................................................................3Software and vendor selection.....................................................................................................4Ways which company utilizes such technologies with an aim to improve its efficiency............5Evaluating the level of efficiency of the technology implementation.........................................6Potential security risk for the company.......................................................................................7Ways to mitigate the assessed risk...............................................................................................8CONCLUSION................................................................................................................................8REFERENCE................................................................................................................................10
Should Ajanta Pharma Ltd Purchase the Full Version of ERP Software or Not?_2

INTRODUCTIONA strategic information system is the type of information system that helps in improvingthe operation of the company. Here, strategic information management is being regarded as oneof the most salient features in the world of information technology (Alomari, Amir, and Auzair,2018). It gives competitive advantages to the firm and enables it with regard to attaining thetactical goals and objectives of enterprise in an effectual way. This study mainly focuses on themedicine or the pharmaceutical industry in which Ajanta Pharma Ltd has been taken intoconsideration. Ajanta Pharma Ltd is an Indian multinational company that develops, manufactureand market different pharmaceutical products. The company is interested in implementing ERPsystem with an aim to improve its operational efficiency. Thus, with an aim to give assistance tothe respective decision detailed analysis of the company has been carried out. In this regard,different areas of business analyzed with an aim to make an informed decision for investment inan information system. Fake Case studyAjanta Pharma Ltd is the public limited company that came into existence in the year1973. The firm has the team of 6500 employees that effectively work towards the goals andobjectives of the organization. However, the firm has encountered some problem in tracking themedicine as well as maintaining the data in relation to the expiry medicines. Further, thecompany is always is in fear of maintaining the security of the medicine formula. The presenceof given issues is creating pressure on the employees who work within the enterprise withrespect to improve their efficiency. Further, the given thing is also increasing the unnecessarycost of the firm because of the duplication of work. Thus, it is due to the presence of given aspectthe decision in relation to the implementation of ERP in the firm is being taken. In this regard,this report will give a detailed explanation about existing process of the company. Moreover, thisreport will also give a description of the system requirement for the firm in relation to theimplementation of ERP software in an effectual way. Defining business processA business process is being defined as the process which enables firm with regard toselling its manufactured product to the buyers. In other words, it can be said that business1
Should Ajanta Pharma Ltd Purchase the Full Version of ERP Software or Not?_3

process is defined as the set of activities which enable firm with respect to accomplishing thegoals and objectives of the organization in an effectual manner. In accordance with the givencontext, here supply chain management process of Ajanta Pharma Ltd is detailed. This processenables firm with regard to selling its manufactured product such as medicines to the ultimatebuyers.Production unit: The process to deliver the medicine to the ultimate customers of a firmstarts with Ajanta Company own production unit. In this context, the company willperform the batch production of the medicine as per the demand of customers. Herein, theproduction of the medicine is carried out on the basis of a medical formula (Chofreh,Goni and Klemeš, 2018). Quality check: After the production stage, the medicine will be sent for the quality check.In this regard, the cited company possesses the team of a specialized individual who hasimmense experience in the given process. Here, in the respective process, the qualityexecutives take the random batch of medicines as check it on the basis of predefinedstandards. In this regard, if the medicine batch fulfills all the defined criteria of qualitythen in the given situation the batch will be sent to the sales department for distributionpurpose. However, in case if some flaws are identified in the process then in the givensituation whole batch is canceled. Sales department: After going through the process of quality check, here in the givenphase all the approved medicine will be sent to the sales department. The main work ofgiven department is to deliver the medicines to different retailers. In addition to this, therespective department also performs the work of promoters. In this context, it makes theappointment of a medical representative who will contact different doctors in differentareas of the country (Dezdar, 2017). Here, the main work of MR is to perform thedescription of the medicine which is being produced by the firm. Thus, it is through giventype of activity only sales department raise sales for the product of the cited company inan effectual manner.Final customers: It is being regarded as the last phase of Ajanta Pharma Ltd supply chainbusiness process. In this context, the medicine which is being manufactured by thecompany reaches to the final buyers. Thus, in the given stage only this thing can beexamined that whether the firm will make a loss or the profit during the year. Thus, it can2
Should Ajanta Pharma Ltd Purchase the Full Version of ERP Software or Not?_4

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Implementation of ERP in Latureae Firm | Agile Methodology | CookMyProject
|13
|3132
|456

Business operations | GSK Plc
|2
|3642
|341

Enterprise Resource Planning Systems Analysis
|11
|4193
|45

Strategic Management and Sustainability
|11
|3104
|180

Strategic Management and Sustainability
|11
|3495
|222

Strategic Information Systems Assignment (SIS)
|12
|3910
|53