SHYAM STEEL ADOPTS SAP

Shyam Steel Industries Limited achieved a landmark in its journey of success with the SAP Go-Live on 1st April 2009. With this, Shyam Steel successfully implemented SAP in all its plants and sales offices along with the Kolkata Head Office at one go. It all started in June 2008 when Shyam Steel’s management invited presentations and suggestions from different ERP vendors and implementers for adopting an ERP in the organization. Finally, they zeroed on SAP ECC 6.0 in collaboration with a leading multinational implementation partner. After several rounds of brainstorming, the management diligently selected a core team comprising of 20 of its best and brightest minds out of its talent pool. The team comprised of professionals like MBAs, CAs, CSs, Engineers and other profoundly experienced executives. It took relentless, untiring efforts from both the core team as well as the implementers to successfully realize the management’s dream of achieving Go-Live in 6 months time.

As is true for all challenging projects, Shyam Steel also faced a lot of hiccups and obstacles in the beginning. Our spirits were sometimes shaken to the core, but the spark within never died. Yes, it is true that there were moments of sorrow and joy, agreements and disagreements, frictions and teamwork, but that is probably applicable for every new change that an organization undergoes. As Andrew Carnegie said: "When you go digging for an ounce of gold, you have to move tons of dirt to get an ounce of gold. But when you go digging, you don't go looking for the dirt, you go looking for the gold."

We at Shyam Steel have always believed and worked tirelessly for our company’s slogan “Aaj Se Aagey” . In keeping with this principle, the SAP implementation would take us miles ahead of our competitors along with introducing operational efficiencies and providing better internal controls. SAP would deliver a comprehensive set of integrated, cross-functional business benefits. With SAP, we would run our enterprise in accordance with strategy and plans, accessing the right information in real time, pursue opportunities proactively, reduce costs through increased flexibility, support changing industry requirements, make informed decisions, gain deep visibility into our organization with financial and management accounting functionality combined with business analytics, improve financial control, and manage risk better than ever before.