Hyderabad: National Mineral Development Corporation (NMDC), India’s largest iron-ore miner, and a Navaratna public sector enterprise under the Ministry of Steel, has announced the implementation of SAP Enterprise Resource Planning (ERP) solution. This solution will help to integrate and consolidate all the business processes end-to-end and will lead to improvement in operational efficiency.
The go-live event was recently flagged off by Sumit Deb, CMD, NMDC and graced by PK Satpathy, Director, Production, Amitava Mukharjee, Director, Finance, Alok Kumar Mehta, Director, Commercial, Somnath Nandi, Director, Technical, and other senior officers of NMDC and senior executives of the implementation partner, Accenture and Project Management Consultant (PMC), Deloitte.
NMDC has decided to implement ERP to improve performances in areas like production, procurement, dispatch management, inventory management, finance, human resource management, etc. It will also result in better transparency, ease of doing business and overall improvement in customer satisfaction.
NMDC CMD Sumit Deb said: “We have always been in the forefront in enhancing economic and 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.”
He also mentioned that NMDC will be the first central public sector enterprise (CPSE) to implement ERP solutions on the most advanced platform SAP – S/4 HANA, on such a large scale, with over 2000 professional user licenses together with industry solutions for mining and steel.
This project has been implemented under the guidance of Amitava Mukherjee, Director, Finance. Mukherjee said the ERP system is not just to secure NMDC’s future, but also displays our commitment to stakeholders and bring in more transparency in our business operations. This new ERP system will also form a backbone for the future digital initiatives. He further mentioned that in spite of additional challenges on account of COVID-19 pandemic, the Go-Live has been accomplished in 21 months. /BI/
