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Wednesday, June 2, 2010

ERP implementation at Sail's Rourkela plant

Rourkela Steel Plant (RSP) is set to enter the first phase of the Enterprise Resource Planning (ERP) implementation to be inaugurated tomorrow.

The ERP centre-1 will manage information and functions in a modular software package as well as common data-base and will seamlessly integrate all business functions.

It would go live at RSP from April, 2011, RSP sources said here today.

The system will improve accuracy and reliabiliy of cross-functional information and facilitate the integration of different functions that would help in reducing costs and facilititating day-to-day management.

The ERP system will also help in adapting to best practices and uniform reporting according to global standards apart from leading to benefits like inventory control, time reduction, reaching out customers and vendors and improving productivity of processes and personnel, the sources added.

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Monday, Apr 14
02:30 Fed's Kashkari speech 2
04:00 Business NZ PSI 2 49.1 49.1
04:15 Electronic Card Retail Sales (MoM) 1 -0.8% 0.3%
04:15 Electronic Card Retail Sales (YoY) 1 -1.6% -4.2%
04:15 Visitor Arrivals (YoY) 1 1.1% 13.4%
12:00 Producer and Import Prices (MoM) 1 0.2% 0.3%
12:00 Producer and Import Prices (YoY) 1 -0.1%
17:30 OPEC Monthly Market Report 1
18:00 Wholesale Sales (MoM) 1 0.4% 1.2%
21:00 3-Month Bill Auction 1 4.175%
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