Next-Generation Enterprise Resource Planning System Development

This technical report outlines Yokogawa Electric Corporation's initiatives to develop a next-generation enterprise resource planning (ERP) system aimed at realizing digital enterprises. The report details the company's efforts since 2000 to unify management infrastructure through the One Global Yokogawa medium-term management plan, which includes the integration of group information systems and standardization of business processes. The Yokogawa Global System Project (YGSP) was launched in 2006 to create global templates for business processes, leading to significant cost reductions and improved operational efficiency. The report also discusses the challenges faced, such as increased data processing times and the need for system upgrades due to the impending end of support for legacy systems. The Human Harmonious Optimized Processes towards Enterprise Standardization and Sustainability (HOPES) program is introduced as a strategic initiative to address these challenges and enhance the company's digital transformation efforts. Through this report, Yokogawa aims to share its experiences and strategies in optimizing business processes and systems for improved productivity and competitiveness.