Welcome to this week's blog! I am excited about this one, as I take you on a journey to see how three businesses successfully used new enterprise applications to support their business strategies and models.
The following are some examples of the best enterprise applications:
Now let's take a look at some practical real life scenarios!
Company 1: Ferrero Group
Ferrero Group is an Italian manufacturer that produces the highest-quality confectionery products, selling in more than 170 countries. They are the second-biggest chocolate producer and confectionery business in the world. No wonder why! Their chocolate is unbelievably good! Don't you agree?
Family-owned business model with a focus on the product’s quality. Click here to find out about the interesting story behind Ferrero's business model.
Innovating new and old products, expanding globally, and staying as environmentally friendly as possible, all while maintaining the highest product quality. This is not as easy as it sounds!
SAP Ariba solution system since 2017. click here to better understand how this system works.
- Name of the software provider
Ariba is a leader in management software, acquired by SAP, a German software multinational.
As group CIO Enzo Bertolini says about the SAP system "we are able to do more with less".
It efficiently manages inventory levels, production planning, and product quality. It makes production and distribution processes easier, reduces waste, and efficiently manages the supply chain, so we can all enjoy their chocolate anywhere in the world at anytime!
Company 2: Amazon
Amazon is the world’s top retailer. Are you surprised? It offers a wide range of products and services, including e-commerce, cloud computing (pay-as-you-go on-demand IT resource delivery), and digital streaming (Prime Video).
Focus on e-commerce to retain and attract consumers. Its main revenue comes from online retail sales, Amazon Web Services (AWS), and advertising.
Efficient customer relationships are at the heart of Amazon's business strategy, followed by operational efficiency and maintaining running costs as low as possible. Amazon constantly innovates and expands its offerings, including Amazon Prime, Amazon Echo, and Kindle. I was not sponsored to say this, but best purchase ever if you love reading like me! click here to get the same one as I have. You will not regret it!
A custom-built ERP system with elements in SAP Basis and NetWeaver Administration
- Name of the software provider
Skilled software engineers developed the ERP software in-house.
It aids inventory, orders, and logistics, allowing real-time order tracking, inventory replenishment, and demand forecasting. It enables quick delivery and high customer satisfaction. Think about how easy it is for us to opt for next-day delivery; this is only due to their phenomenal systems!
Company 3: South East Technological University
South East Technological University (SETU), since May 1, 2022, is a new university for the south east of Ireland, with campuses across Waterford, Carlow, Wexford, and Wicklow. SETU offers both undergraduate and postgraduate degrees in business, science, engineering, art, and many more to 18,500 students, including myself!SETU focuses on providing high-quality education and research opportunities to students. Its revenue comes from tuition fees, research grants, and partnerships with industry and government agencies.
The focus is on students' education and supporting opportunities for research and innovation. SETU contributes to the economic and social growth of the southeast region.
SETU supposedly uses the Ellucian Banner ERP system, but EduCampus Services is also installed, which is not an ERP system itself but rather a service provider that specialises in administrative and academic operations.
- Name of the software provider
Ellucian is the provider of the ERP software.
The system creates a single platform to manage both the administrative and academic sides. It manages students' records, registration, academic progress, and course timetables. It tracks budgets, expenses, and fee payments. It also helps SETU gain data about how students are doing, how many are enrolled, and how well things are working overall.
Can you think of any other businesses that have implemented successful new ERP systems in the past few years? Comment with your suggestions down below!
Have a good week, and see you next time!
Really enjoyed that !!
ReplyDeleteVery informative Martina, interesting to learn about SETU!
ReplyDeleteVery interesting! Loved the comparisons between the different companies.
ReplyDeleteReally interesting read this week!
ReplyDeleteThank you all for the feedback on this post! see you next week with another one!
ReplyDelete