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Hyosung Reduces Inventories and Consolidates Twenty Operating Units into One by implementing Oracle E-Business Suite

Overview Following a restructuring in 1998, Hyosung has focused on performance management. This comprises two main themes: Value-Based Management, focusing on high returns on investment, and Management by the Professional, focusing on individual skills. In the past, for every order, purchase, manufacture, shipment, billing, and collection, we had to input each separate activity into a different database, making it necessary to reconcile everything on a daily and monthly basis. Hyosung's decision to implement the Oracle E-Business Suite was made not only because of Oracle's know-how of e-business overall, but also because so many well known global companies used Oracle's products. Hyosung conducts global business, the mere fact that they use the Oracle E-Business Suite to manage cash flow and corporate information is a big advantage when dealing with foreign companies.

Further White Paper Details
Publisher	Oracle Corporation	File Format	HTML
Date Published	August 2003	Downloads	2
Format	Case Studies
Topics	ERP

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