Samsung Electronics Expands the Next Generation ERP System to 120 Offices Worldwide – Samsung Global Newsroom
System helps the company adapt to rapidly changing management environments
Samsung Electronics today announced that the company successfully applied N-ERP, the next-generation ERP (Enterprise Resource Planning1) system in its 120 offices across the world.
ERP is a software system that takes care of a company’s entire business, including processes in finance, human resources, manufacturing, supply chain, services, procurement and more. Samsung SDS and SAP collaborated to create N-ERP, a platform that will support its next 10 years of innovation.
The N-ERP allows for innovation in accordance with current business strategies. For instance, various sales-related systems, once operated separately, have been integrated into a single system that supports multiple business convergence strategies, such as hardware & software product bundling and omni-channel operation. For efficient collaboration between production and logistic partners, professional solutions such as Transportation Management, Extended Warehouse Management, and Supply Chain Collaboration were all incorporated into one system.
In addition, Samsung has adopted the latest in-memory DB, which integrates and manages data storing and operation processes in the DB server memory. It also allows for scale-out architecture that can accommodate large data sets and rising demands for data analysis.
The N-ERP not only supports business innovation, but helps employees to focus on the most important responsibilities. The use of automated technologies like Robotic Process Automation, Optical Character Recognition and machine learning software infrastructures can help reduce manual labor.
1 ERP (Enterprise Resource Planning): A system that helps sharing of business management information and enables efficient work operation by comprehensively managing the enterprise’s physical and financial resources