LG Innotek upgraded to Oracle E-Business Suite Release 12 and consolidated six production systems into a single global ERP system, improving efficiency through standardization. It saved US$7.7 million in projected annual IT investment and US$2.9 million due to staff productivity. Finally, the company reduced by 50% the time to collect and process nonstandard data from different systems, improved supply chain management and enhanced its competitiveness.
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LG Innotek Saves US$7.7 Million Annually in IT Investment Costs and Standardizes Business Processes
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