Information system of Hanjin shipping Essay Example For Students

Information system of Hanjin shipping Essay Outline1 Introduction2 Business jobs3 Solution to Hanjin jobs4 Process Innovation Project5 Information Systems6 Hanjin s Enterprise Resource Planning ( ERP )7 Benefits of Information system8 Future concern programs9 Decision:10 Reference List: Introduction Transportation by its nature is a really competitory and a really complex industry. ( Martin Stopford, 1997 ) Transporting companies have to run on a planetary graduated table and manage offices all around the universe and work with a diverse work force. Merchant transportation is one of the most extremely regulated industries in the universe. Hence information systems play a really of import function in the direction of the transportation company. In this essay we will analyze a instance survey of how Hanjin transportation used information systems grow as a taking transportation company. Hanjin is a planetary transit and Logistics Company. ( Hanjin transportation, 2010 ) .The company operates around 200 ships, chiefly container vass, gas oilers and majority bearers. Hanjin ships are merchandising worldwide. Hanjin conveyance lading to more than 100million dozenss a twelvemonth to 6000 finishs worldwide. ( Hanjin transportation, 2010 ) Company s gross revenues web includes 200 intern ational subdivision offices and 30 corporations. Over all the company is spread outing quickly on a planetary graduated table and is besides embarking into new transportation related concern. Business jobs Hanjin was increasing its planetary operations by opening new container terminuss, purchasing new big ships, traveling in confederation with container lines. Hanjin lacked the logistics required to be competent in the container industry. Its 10 twelvemonth old ERP systems lacked functionality and flexibleness required to run such a complex and large administration ( Oracle 2008 ) . Hanjin understood that without terminal to stop logistics solutions they can non vie in container concern. Hanjin besides faced jobs commanding procurance costs and to run into the planetary regulative demands ( Oracle 2008 ) . The information aggregation system was done manually and hence it was clip consuming and prone to mistakes. Hanjin have a work force of around 4000 which are employed all around the universe. It was increasing hard for Hanjin to pull off such a big and diverse work force. Solution to Hanjin jobs As a solution to the jobs Hanjin was confronting due to its planetary enlargement it decided to establish Process invention undertaking. The procedure invention intent was to set up advanced direction construction and beef uping its organizational capablenesss. ( Sustainability study, 2006 ) . The undertaking applied to concern procedure and organisation construction every bit good as the corporate civilizations based on following the advanced IT substructure . ( Sustainability study, 2006, p.27 ) . Hanjin decided to re-engineer their concern procedure utilizing best pattern theoretical accounts for their ERP systems so as to derive planetary fight. This system was traveling to be a long term solution, it will non straight show on balance sheet but it will be platform for establishing new concern undertakings ( Business study 2006 ) . Hanjin besides decided to switch to client based concern by guaranting good service and increased client satisfaction. Process Innovation Project The procedure invention undertaking squad was assembled in October 2004 and so they spent 5 months for mapping the new systems and the procedure. The undertaking will be implemented bit by bit on a measure by step footing. The procedure invention undertaking was to be implemented during a period of 3 old ages. The chief purpose of procedure invention was to be client centred and a profitableness oriented direction company. The information system used to re-in force the organizational capablenesss and will fix the direction to be more clients focused. The information system development contracts were given to companies which were best in the concern ( Oracle, 2008 ) . ERP was given to ORACLE while others were given to Siebel and Hyperion. During the procedure of undertaking Oracle acquired Siebel and Hyperion which resulted in seamless integrating and client support. ( Oracle, 2008 ) . Case Brief EssayDecision: The undertaking taken by Hanjin to reconstruct its concern procedure by the usage of information systems was strategically really of import. Hanjin is a planetary administration with different maps, organizational degrees and many concern procedures ; therefore ERP system was the right pick of information system. This undertaking became the base to implement progress concern procedure which complement their information systems and besides increase the efficiency of the company. It helped the company to be more clients focused which is a cardinal scheme in current times. They could venture into new facets of concern such as logistics. The choice of Oracle and Siebel was besides right because they were the best in the concern. Hanjin made right determination by incorporating all systems together. The acquisition of Siebel and Hyperion by Oracle ensured that the systems have seamless integrating and uninterrupted support. The information systems which they used were in line with their c oncern schemes which resulted in success of the undertaking. Reference List: Hanjin transportation, 2008. Hanjin Shipping Steps Closer to Becoming Global Total Logistics Company, Available at: hypertext transfer protocol: //www.hanjin.com/en/news/080513_02.jsp? srv_id=ENG A ; id=080513_02.jsp A ; backUrl=news.jsp A ; curPage=5 A ; blockSize=10 . Hanjin transportation, 2008. 2008 Hanjin transporting concern study, Available at: T hypertext transfer protocol: //www.hanjin.com/en/company/invest/attach/Business_report_2008.pdf . Hanjin transportation, 2008. Hanjin sustainability study 2008, Available at: hypertext transfer protocol: //www.hanjin.com/upload/2008_gri_en.pdf . Hanjin transportation, 2006. Hanjin sustainability study 2006, Available at: hypertext transfer protocol: //www.hanjin.com/upload/2006_gri_en.pdf . Laudon. , J, A ; Laudon. , K, 2007. Management Information systems: Pull offing the digital house. 10th erectile dysfunction. Pearson Education Inc. New Jersey. Stopford. , M, 1997. Maritime Economics 2nd erectile dysfunction. Routledge: London Prophet, 2008. Hanjin Shipping Improves Business Intelligence, Competitiveness with Integrated Platform, Available at: hypertext transfer protocol: //www.oracle.com/customers/snapshots/hanjin-shipping-ebs-case-study.pdf . Prophet, 2008. Hanjin Shipping Gains Single View of Business with Master Data Management System, Available at: hypertext transfer protocol: //www.oracle.com/customers/snapshots/hanjin-shipping-datahub-case-study.pdf .