Development of managerial capacity ITD SYSTEMS Ltd. by introducing a system for planning and resource management / ERP system /

“ITD SYSTEMS” Ltd. is operating in “Mechanical processing of metal” and is specialized in production of metalware – metal poles and metal illumination units. The project proposal of “ITD SYSTEMS” Ltd. plans to implement the following activities - to purchase and implement a system for planning and resource management /ERP system/ which will cover all main operational business processes in the company. Currently the production capacity of “ITD SYSTEMS” Ltd. is 100% fully utilized. The production capacity of the company has reached its full capacity. This requires company management to resolve the situation and to provide an opportunity to meet the constantly growing demand for established production of “ITD SYSTEMS” Ltd. Therefore, after an analysis and assessment of the needs the company focuses on the introduction of the ERP system in production. The introduction of the ERP system in the enterprise will immediately result in: Increase of average generated export earnings as a result of the investment project with at least 20 %. Increase in net sales revenue to Total project cost with at least 30%. Increase in plant productivity due to the implementation of the project with not less than 12%. The following results are expected after the completion of the project: Enhanced management capacity and growth of SME “ITD SYSTEMS” Ltd., through the introduction of ERP system specifically designed for the production of the company; Thanks to the implementation of the system the following processes will be improved: the process of planning and decision-making process of the organization of resources, the process of organization of the production process, a process of realization of the products and the process of internationalization of products.

Comments
Leave a comment

Overview

Status Terminated (termination date)
Start date 06 Mar, 2017
End date 06 Aug, 2018
Contract date 06 Mar, 2017
View in UMIS

Beneficiary

Financial information

Total cost 279,000.00
Grant 195,300.00
Self finance 83,700.00
Total paid 0.00
EU participation percent 85.0%

Location