Thursday, May 14, 2020

Nike Erp - 1185 Words

Nike Case Study Nike roots trace themselves back to the 1950s with University of Oregon field coach Bill Bowerman. Bowerman was always trying to find a competitive advantage for his track runners and had the idea of a lighter show. He would late team up with recent graduate Phil Knight and create the first Nike shoe, â€Å"the Swoosh†, which debuted in 1972. Through the years, Nike would continue to create innovative sports apparel, expand into new markets, and challenge the way people look at athletics. Forty years later Nike continues â€Å"to seek new and innovative ways to develop superior athletic products, and creative methods to communicate directly with customers† (nikeinc, 2012). Nike is one of the leading distributor and manufacturer of†¦show more content†¦They also built bridges within the software to enable data sharing. Nike switched its short and medium ranged sneaker planning to the SAP ERP system, which used a more predictive algorithms for estimating demand (Koch, 2004). Finding a new found respect towards the SCM system, Nike focused heavily on training it’s employees. Employees received 140-180 hours of training to understand how the system works (Koch, 2004). Nike implemented a phased geographical approach when implementing its new SCM, CRM, and ERP systems. Though envisioned as a 2-3 year implementation, it took Nike 6 years, and an upwards of 500 million dollars to properly implement the supply chain management system (Koch, 2004). Since Nike implemented an ERP, CRM, and SCM system all at once, they experienced a multitude of benefits. Benefits linked to the i2 management system were that they now had better collaboration with their Far East factories. This would reduce the amount of â€Å"pre-building† time required per shoe from 30 percent to roughly 3 percent (Koch, 2004). The amount of time from initiating and completion of the shoe was reduced from nine to six months allowing faster product-to-market cycle time. Inventory levels were reduced from cutting interval time from one month to one week (Koch, 2004). The system also allowed better demand forecasting, and demand visibility. A reduced risk of experience a bullwhip effect. Lastly major cost reduction through reduced inventory,Show MoreRelatedNike Erp2332 Words   |  10 PagesCase Study: Nike ERP Implementation Nike shoe division grew and spread rapidly around the globe from its inception in 1972 through 1998. Yet in 1999, Nike realized that in order to keep up with the growing demands of their products, and specifically their Air Jordan line of basketball shoes, they would have to make changes in the way they forecasted and projected demands and distributed their products. Eventually it was decided that these changes would take place in the form of the implementationRead MoreNike ERP Implementation Essay2298 Words   |  10 Pagesfactors for the first NIKE-i2 ERP-SCM implementation? All ERP implementations have risks associated that can lead to failure situations. The complexity of ERP systems together with demanding business environment, represent big challenges for companies when implementing an ERP. In the case of Nike, the situation is even more challenging because of the worldwide ERP deployment, and the large and complex scope of the project. Inevitably, and like all ERP implementations, Nike-i2’s project faced complicationsRead MoreNike Erp Supply Demand Study1217 Words   |  5 PagesSeptember 2014 Implementation Paper - Nike ERP Supply-Demand Study Summary In 2001 Nike Inc., the world’s top athletic shoemaker, implemented new ERP software intended to assist the company with their new supply chain strategy that was intended to resolve supply-demand issue the company was dealing with. The software selected was produced i2 Technologies, a Texas based major supply-chain software vendor at cost of over US $40 million dollars (400 million for larger ERP system, which includes all costs)Read MoreScm And Erp Software Implementation At Nike2828 Words   |  12 Pages SCM and ERP Software Implementation at Nike: From Failure to Success   Name: Praveen kumar reddy pandem   Rule no:10000126104    Table of contents Abstract Introduction Nike background Nike supply chain Nike supply chain project An ERP solution gone bad Playing blame game what went wrong Nike rebound Lessons learned Conclusion References Abstract: The case provides a complete account of the failingRead MoreScm And Erp Software Implementation At Nike3064 Words   |  13 Pages  Term paper SCM and ERP Software Implementation at Nike: From Failure to Success by Praveen Kumar Reddy Pandem   10000126104    CMP 570    Table of contents Abstract 1 Introduction 2 Nike background 3 Nike supply chain 3 Nike supply chain project 4 An ERP solution gone bad 5 PlayingRead MoreScm and Erp Software Implementation at Nike – from Failure to Success2018 Words   |  9 PagesIntroduction: Nike was founded under the name Blue Ribbon Sports in 1964. In 1972 the first pair of sports shoes was sold and experienced enormous growth and achieved a 50% market share within the sports shoe market in the US only eight years later. After sluggish focus and growth in the 1980ies, Nike experienced strong growth in the 1990ies and cemented the position as global recognizable brand. The increased international focus created strains on the supply chain, which was consider inadequateRead MoreErp Application For Erp Software Package Roll Outs2155 Words   |  9 PagesAbstract ERP application is the most common means for corporations of all measurements to face their particular day-to-day businesses. When ERP application should go appropriate, it can save a business hundreds of thousands on account of greater output, greater supply in addition to increased purchaser following. ERP application automates the task regarding syncing multiple features, such as gross sales, producing, customer relationship management in addition to sales, to produce a a single itemRead MoreNke I2 Erp3187 Words   |  13 PagesNike I2 ERP Implementation Failure Case Study February 9, 2014 Shafer Minnick Morgan Correll Jeff Harvey Nike stands as the World’s leading producer of Athletic Footwear, Apparel and Equipment. As of 2013 they held complete ownership or joint venture in the following companies: ïÆ' ¼ Nike Brand ïÆ' ¼ Cole Haan ïÆ' ¼ Converse ïÆ' ¼ Hurley International ïÆ' ¼ Umbro Athletic Wear ïÆ' ¼ Nike Golf ïÆ' ¼ Jordan Brand This is a rather long and somewhat surprising list to many, based on some of these brands areRead MoreThe Supply Sequence Management ( Scm ) Along With Erp Software Implementation1653 Words   |  7 Pagesalong with Demand Setting up software setup at Nike, a respected Footwear along with Apparel company. The case traces the history of supply chain along with ERP software implementation in Nike along with presents the explanation behind his or her implementation. It particulars the conditions that led to the SCM software implementation failure and as well examines the actual steps consumed by Nike to system. Finally, the case explores precisely how Nike was able to use the training from the actual failureRead MoreProject Risk Management At Ernst And Young Next Summer963 Words   |  4 Pagesa much broader way to examine a project or portfolio. Problem 2 I analyzed Nike’s successful implementation of its ERP system and found this information CIO.com. This article captivated me because I purchase numerous Nike products and view them as a successful company. It also described their failure in ERP implementation when they used an i2 system for demand planning. Although Nike consistently produces positive earnings and possesses almost double the market share of its nearest competitor (Adidas)

No comments:

Post a Comment