India’s largest iron-ore miner goes digital with SAP

India’s state-owned National Mineral Development Corporation (NMDC), the country’s largest iron-ore producer, has implemented a new Enterprise Resource Planning (ERP) solution from software company SAP.

This means that NMDC’s end-to-end business processes will be consolidated under the ERP, leading to an improvement in operational efficiency.

As such, various business areas and departments in the NMDC, including Production, Procurement, Finance, and Human Resources Management will be scaled with increased administrative ease. This will lead to an overall improvement in customer satisfaction, according to company executives.

“NMDC has always been at the forefront in enhancing economic & social values and simultaneously focusing on optimum utilisation of resources by adopting latest technological initiatives. The ERP will place NMDC in a different league in the mining sector,” said Sumit Deb, Chief Managing Director of NMDC.

Amitava Mukherjee, Director of Finance at NMDC, pointed out that the organisation’s decision to integrate illustrates NMDC’s commitment to upholding company transparency and preparing for future digital initiatives.

The Indian mining industry has been a laggard when it comes to using tech and with Prime Minister Narendra Modi’s push for Digital India, effort are on to embrace digital holistically.

The country’s mining sector is expected to see a flurry of action this new year with the central government’s approvals for pending mining reforms, expected in January itself and efforts continuing to bolster overall mineral output.

The reforms will pave the way for auctioning of at least 500 mineral blocks, Mines Secretary Anil Kumar Jain told PTI and emphasised that calendar year 2021 will be a “bridge year between the past and the future”.Among mining companies, NMDC is expected to stand out with 91 per cent year-on-year growth in EBITDA or Earnings Before Interest Tax Depreciation and Amortisation, according to Edelweiss Research.

SAP to lead digital transformation of Hong Kong’s iconic Ocean Park

SAP has revealed it will continue to support Hong Kong’s iconic tourist attraction, Ocean Park, in its digital transformation journey.

Going forward with the 11-year partnership, SAP will provide Ocean Park with their enterprise resource planning solution and SAP SuccessFactors, its cloud-based SaaS platform for human resource management.

“All businesses today are facing extreme challenges and an increasingly complex digital landscape. Organisations like Ocean Park that are transforming for the digital age by keeping their people at the centre of all of their decisions are the most agile and effective,” said Fabian Padilla Crisol, Managing Director of SAP Hong Kong.

The SAP ERP solution was used as a catalyst for cultural change at Ocean Park to connect their entire organisation and share information on a single centralised platform.

“When everyone has access to a wealth of neutral and unbiased information, we get better insights and can make better decisions. Tying this into our SuccessFactors platform helps us keep employees motivated, engaged and at the heart of everything we do,” said Mimi Fu, the Executive Director of Human Resources at Ocean Park.

Ocean Park currently runs SAP’s SuccessFactors Performance and Goals solution, and SAP’s Learning Management System. Added integration of SAP’s services is expected to increase the Park’s productivity, efficiency, and customer engagement. 

SAP SuccessFactors is one of the largest cloud-based HRM software providers in the world. Over 7,000 customers from 200 regions use SuccessFactors in their day-to-day HR operations.

By Jie Yee Ong, Tech Reporter

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