SOLUTIONS Manufacturing Projects

 

Key Challenges in managing Service and Maintenance Projects

• Preparation of accurate cost estimation based on Engineering Specification/Preliminary
  Product Drawings
• Generate Project Budget from Cost Estimation
• Create Project Plan to integrate key project dates, detailed scheduling and shop floor planning
• Clear visibility and timely control of project costs coming from production
• Cost To Complete Management and Forecasting of Cost At Completion based on
  Engineering Changes and project variations
• Measure and Report Project Progress, Earned Value
• Measure Project productivity based on shop floor performance
• Efficient Engineering Change Management and seamless integration with project
  cost forecasting and project revenue planning
• Integration of subcontractors into project execution, monitoring of work
  performed and incorporation into project progress reporting
• Accurate customer billing
• Project Profitability forecasting

Key SAP Solution Strengths empowered by NOVECO ePM

• SAP’s key solution capabilities relevant for E&C: Product Development Systems (BOMs, routings), Engineering Change Management System, Classification system, Project Management System, WBS structuring and Network planning and scheduling, Product Costing, Material Requirement Planning, Production Planning, Scheduling and Shop Floor control integrated with Project System, Cost Planning, fully integrated Project Procurement and Inventory Management, Workforce Planning, Financials and Controlling, Customer Billing and Project Cash Management, Project Progress and Earned Value Analysis, Equipment and Tools Management, etc
• ePM enhances SAP standard project management solutions providing cutting edge planning and control for manufacturing projects. The solution is real-time integrated with the core SAP ECC system and requires neither system modifications nor other SAP Netweaver components such as BW and/or BP to function. However it is fully integrated with BW and RPM for strategic planning and reporting