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Speed Team Work Growth

Janani Kushal Amit Varun Vishal

WOCKHAR DT

BIOSTADT INDIA LIMITED

Biostadt India Ltd. believes that 'the growth of India is directly related to the growth of the rural areas' Farmers being the central focus of rural India, it becomes necessary to give them a helping hand by providing them with topof-the-line agricultural inputs and services With this as their core initiative, Biostadt India Limited has been serving the farming community for over two decades

BIOSTADT INDIA LIMITED

The company helps in providing the farmers not just customized products but customized solutions, developing and evaluating products and processes for improving their satisfaction Revenues of Rs.200 crores in 2008 and expected revenues of Rs.500 crores in 2012

MILESTONES

1986 Launched Biozyme a biotechnology based product which is currently the undisputed leader in its niche market 1987 Laid the foundation of its first factory at Aurangabad 1993 Entered into the chemical pesticides business 1994 Formulated New pesticide unit at Aurangabad

1997 Firmly entrenched its roots in the foreign land by establishing Biostadt Philippines Inc. with office at Metro Manila 2002 Entered into the seeds business through the launch of Hi-Q seeds 2003 Demerged from parent company, Wockhardt limited and emerged as an independent company called Biostadt India Limited 2004 Formed a joint venture company Biostadt MH Seeds Limited with Mahindra Hybrid Seeds Limited

BUSINESS AREAS

Biotechnology Inputs Crop Protection Chemicals Hybrid Seeds Aquaculture Inputs Biostadt Astha Clinic Biostadt Healthcare

Stages of Implementation Pre-Evaluation and Planning

A project manager was identified to oversee and lead implementation.

A project team was formed which included individuals knowledgeable of the organization's history, needs and project goals.

GAP Analysis/Examine Current Business Processes

GAP analysis enables a company to evaluate its current performance and compare it with potential performance.

The business asks itself where it desires to be in terms of a particular aspect of productivity or gain.

QA and Training

The core team tested the ERP to ensure it functions properly.

The ERP was also documented. Once the ERP quality assurance process was complete, the core team and other relevant employees were trained in how to use of the ERP.

The After Effect

Production and Supply chain: Passcodes rather than invoice system No Sale before Material In Duration for transportation. Customer Aware about material despatch SOP for CFA

Marketing: Transparency Forecasting Stock info ATR CRM

Finance: Timely reports Easy Audit Easy CN postings Human Resources:

Online Pay Slip Online expense reports Balanced Score card Incentive calculation

Factors contributing to Success

Proper Planning-functional wise Easy going process Sticked to timelines Proper Training 3 Months Demo period Go live in April 2008.

THANK YOU