ERP Systems

Assignment
Group Members
Qasim Mehmood
Momina Tariq
Rameen Zafar
Company:
LG Electronics

Conventional Systems
 Location specific
 Manual reporting to top level
 Lack global reporting
 Limited resources for learning and employee training
 Difficult decision making
[ CITATION Cas18 \l 2057 ].

ERP Systems used:

 HRMS
 Oracle HR Module
[ CITATION Cas18 \l 2057 ].

Issues with systems

 Aligning business and HR goals,
 describing roles and responsibilities,
 standardizing processes.
[ CITATION LGE \l 2057 ]

Changes in Business process, suits or both.

In April 2006, LG Electronics went live on the new global Oracle HR
management system. One of the key features of the system is that it is
engineered to link HR strategies with business goals so the company can
monitor workforce performance against specific objectives or campaigns.

1
  Centrally managed single system with minimal maintenance costs
 Transparency in the recruitment and employee appraisal processes, which
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 flexibility for regions to
implement localized changes
 Efficiency improvement for HR functions
 Cost savings
 Easy sharing of best practices across the various centres
 Easy-access, self-service function for employees
 Facilitated learning for common tasks through document sharing and
online tutorials, resulting in time and cost savings
 Increased employee morale, productivity and engagement
[ CITATION Cas18 \l 2057 ]

Failure or success.
It was a success as the ERP solution enabled LG to mitigate the challenges
posed by vastly spread global centres, for its Human Resource Management
System requirements. Today, LG continues to benefit with the automated ERP
solution, and continues to enhance it further as needed.

[ CITATION Cas18 \l 2057 ]

References
Case Studies of Successful Enterprise Resource Planning, 1 (june 5, 2018).

LG Electronics Improves HR Management by Consolidating on a Single Global HRMS. (n.d.). Retrieved

from https://www.top10erp.org/oracle-e-business-suite-lg-electronics-case-studies-22

https://www.investopedia.com/articles/investing/111214/lg-case-study-successful-enterprise-
resource-planning-system.asp