Successful Implementation of ERP at LG Electronics
This case study explores the challenges faced by LG Electronics prior to implementing Oracle e-HRMS, the benefits achieved post-implementation, and the key focus areas during the process. The transition to a centralized HR management platform not only enhanced operational efficiency but also improved employee satisfaction and engagement. The comprehensive approach led to cost savings, streamlined processes, and facilitated informed decision-making.
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Presentation Transcript
LG Electronics-Implementation of successful ERP (Oracle e-HRMS) MIM 3rdyear-Group2 Arpita Bhadra (05) Harshil Shah (50) Asmita Punjabi (42) Harshal Parikh (35) Vishal Raymangia (62) Sahil Sachdeva (45)
Challenges leading to e-HRMS Location specific multiple systems leading to unclear top-level reporting, lack of optimum resource utilization Location specific processes lacking transparency and automation needs for a global reporting Disengaged employees, limited outlook, no room for information or best practices sharing Limited localized resources for employee learning & training Challenges with decision making, with significant business impact
Benefits Achieved Enhanced HR Management Improved Employee Satisfaction Centrally managed a single system with minimal maintenance costs. Established enterprise-wide view of operations across all subsidiaries in 39 countries by moving to a centralized HR management platform Transparency in the recruitment and employee appraisal processes which enabled hiring, engaging and rewarding performance based on the right competencies and proven performance Real time reporting for higher management and tracking of set goals and objectives Informed decision making due to readily available real time reports Centralized control over HR processes, with region level flexibility to implement localized changes Efficiency improvement for HR functions and processes Cost savings due to not having to maintain multiple systems Easy sharing of best practices across the various centers Easy access self-service function made available for employee self-help Easy learning facilitated for common tasks through document sharing and online tutorials, resulting in time and cost savings Increased employee morale, productivity and engagement
