Presentation: Introduction: * Richters order is considering one of the largest pharmaceuticals players close to the world. * They ware been expand success intacty their operational activates around the world. * The ichor a new drug took between 8 to 12 years. * The comp each protects their drugs from imitation by filing patents and its legitimize up to max. 20 years. * Most of the pharmaceuticals that derived the majority of their revenue from baste generic drugs and active pharmaceutical ingredients (APIs). History: * Richters founded 1901 when Gedeon Richter disclose with pharmacy in Budapest, Hungary. * Between 1950 and 1990, the troupe was nationalized and selling their drugs exclusively in Soviet Union. * After 1990, the company shifted to free market. * The company acquired enterprises companies such as Armedica in Romania in 1998 and GZF Polfa in Poland in 2002. * As part of expansion plans, the compa ny set up a greenfield Manufacture in Russia and Joint Venture with Themis Ltd. In India in 2004. * They have purchased a number of retail pharmacies in Romania to distribute its drugs directly. IT Background: * Mr. Vince Szucs, director of information technology of Magyar pharmaceutical * Mr. Vince had major IT initiatives in the company.
1. How would you define Richters IT in the bypast and present? a) The First Wave: * IT department selected run down R/3 application for Richters. * They have been implemented the triplet modules on Finance and accounting (FI), Assets Management (AM) and Controlling (CO). * The lead! ership on the company decided to coordinate with IT department to have nimble accounting definition across the company. * The mental facultys were affect during the implementation. * After completing the insulation of SAP R/3, for event the finance staff could provide reliable report on time without any more delay like before. moreover the share determine of the company...If you want to get a full essay, order it on our website:
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