TMEIC Corporation Deploys Oracle Cloud Services to Support Global Operations with Improved Engineering Project Visibility
 
 

TMEIC Corporation Deploys Oracle Cloud Services to Support Global Operations with Improved Engineering Project Visibility

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TMEIC Corporation designs and develops advanced automation and drive systems for industrial applications, specializing in serving the metals, oil and gas, mining, and material handling industries as well as utilities and other industrial markets. TMEIC Corporation, which has employees on five continents, has operations in Spain, Turkey, the United Kingdom, the United States, and a wholly-owned subsidiary in India.

The company had relied on a legacy enterprise resource planning (ERP) environment that it used when it was part of a larger parent organization. As the system was designed specifically for a manufacturing-based business as opposed to an engineering-focused organization, TMEIC Corporation found it difficult to gain visibility into all aspects of its projects—including scheduling, expenses, and staff time. The company needed timely access to essential information from applications across the enterprise—but trying to manage inconsistent data from separate systems was hindering its business performance.

 
 

 
 

Challenges

A word from TMEIC Corporation

  • “Oracle E-Business Suite On Demand delivered an ERP solution that is cost-effective and flexible, meeting the needs of our growing organization.” − John Slaski, Director, Information Technology, TMEIC Corporation

  • Deploy an ERP system that meets the needs of an engineering-focused, project-based technology company, as opposed to a manufacturing-focused organization
  • Gain greater visibility into project costs to enable more accurate pricing and billing for the company’s specialized and customized automation and drive systems
  • Deploy a CRM system that enables groups across the globe to better coordinate sales activities with customers and provides expanded reporting capabilities
  • Gain the agility and insight required to support moves into new regions and segments, such as material handling in ports
  • Continue to provide employees with “big-company” applications—that include multi-language and multi-country functionality—to which they had been accustomed when the company was part of a larger organization
  • Control IT management costs

Solutions

Oracle Product and Services

  • Deployed Oracle E-Business Suite On Demand to create a highly available, scalable, and reliable IT infrastructure to support the company’s global operations
  • Provided visibility into all aspects of project management—including costs and expenses—to ensure on-time and on-budget delivery of engineering-based automation and drive projects
  • Gained the ability to accurately determine profit margins on each project and identify potential roadblocks—like schedule or budget slippage—in advance to avoid overruns and delays
  • Equipped TMEIC Corporation to keep track of a multi-national workforce, for whom the company has to manage diverse benefits, such as those for U.S. residents, third-party nationals, and others
  • Enabled the company to close its monthly financial books in just half a day
  • Expanded visibility into the company’s financial and human resources operations, driving more informed decisions, and laid the groundwork to deploy recruiting and talent management functionality in the future
  • Deployed Oracle CRM On Demand, replacing its existing CRM tool, to improve day-to-day sales reporting as well as help the company produce merged sales reports across regions, which it was not able to do with  its legacy system
  • Gained the ability to more accurately forecast the sales pipeline and probabilities, and collaborate more efficiently with sales teams and partners around the world
  • Provided management with greater visibility across markets and channels through improved reporting
  • Gained a cost-effective, flexible solution that enabled the company to maintain streamlined operations while driving growth into new business sectors, such as material handling in ports
  • Used Oracle Beehive and Oracle E-Business Suite On Demand to quickly and cost-effectively roll out the robust collaboration capabilities as well as sophisticated enterprise applications to which TMEIC employees had been accustomed when they were part of a larger parent organization
  • Ensured timely IT management and freed internal IT resources to focus on organizational priorities, such as developing quoting and pricing systems tailored to the company’s unique market which sells specialized equipment and services for steel mills, ports, oil and gas production, mining, and other industrial clients.
  • Reduced IT management costs by 30% per year and ensured predictability with a hosted solution