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To upgrade or to re-implement: pros and cons
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01/03/2005
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Achieving a 17% (eur4m) reduction in stockholding in just 18 months is pretty good: seeing another comfortable 25% in the next 18 months is nothing short of an excellent dent in working capital. That’s what’s happening at Generics UK, a pharmaceuticals company that produces generic drugs for UK and overseas markets. It’s the result of intelligent business process reengineering in light of what can be routinely done with a modern, tightly integrated and highly functional ERP system – and the firm’s story provides some useful pointers for us all
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Author
Brian Tinham
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