|
L&T's Electrical and Electronics Division (L&T-EBG)
is the first company in India to announce the successful 'Go-live'
of their mySAP Strategic Enterprise Management (mySAP SEM) implementation.
This initiative is a significant step towards strengthening the
company's business intelligence and value-based management.
Business Information Warehouse (mySAP BW) too
has gone live together with mySAP-SEM. mySAP BW serves as the cornerstone
of business performance management and analytical application. This
also forms a platform/central hub for implementing various other
components of mySAP.com. SEM is installed on top of BW, which is
fed by data from ERP (SAP R/3) and other information systems.
mySAP SEM is a suite of applications to address
business intelligence needs, covering areas like corporate performance
monitoring (CPM) and strategic management through key performance
indicators (KPIs), business planning, etc. This implementation will
not only enable the strategic plans to percolate down the line through
deployment of 'Balanced Scorecard' (BSC) but also help the management
to monitor the performance at all levels through the 'Management
Cockpit'.
The 'Management Cockpit' has four walls with each
wall focusing on different business perspectives. A wall has up
to six 'Logical View' elements with each View consisting up to six
Frames. A Frame serves to visualise individual KPIs using various
types of graphics.
The 'Balanced Scorecard' comprises Objectives,
Measures and Initiatives organised in four perspectives, viz., Financial,
Customer, Internal Business Process and Learning & Growth perspective
as per 'Kaplan & Norton Model'. Both these solutions are web enabled
to provide key information to top management.
Larsen & Toubro Infotech Limited was the implementation
partner for the mySAP SEM & mySAP BW solution.
Mr. R. N. Mukhija, Member of the Board and Sr.
Vice President (Operations) of L&T, said, "L&T has always been a
quick adapter of fast changing, globally available technology which
helps our business processes improve. Like, on this occasion, we
have often been the first to implement the latest technology."
"With the 'Management Cockpit', key performance
indicators (KPIs) will be easily presented and better analyzed.
The performance monitoring methodology at L&T-EBG consists of an
optimal blend of 'Balanced Scorecard', value based management and
policy deployment technique (X-Matrix)."
|