Case Study: Honam Petrochemical Company (HPC)

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Summary Honam Petrochemical Company (HPC) is a multi-billion dollar diversified producer of petrochemicals and advanced synthetic resin. They are manufacture of a variety of petrochemical products from two facilities in South Korea. Their main primary product is ethylene. Honam is rank among leading producers of polyolefin, High-density polyethylene "(HDPE)" and polypropylene. They also work with other downstream products like ethylene glycol. Honam was established in 1976. It is a part of the Japanese conglomerates latte 's Koran Network. Honam also acquired Malaysia 's Titan Chemicals for $1.27 billion dollars in 2010. Their main headquarters is located in Soul South Korea. Honam is one of the largest industrial conglomerates in Korea. It has operations throughout Asia. In 2012, Honam merged with KP chemical. It was forced to close the plant in U.K plant due to falling prices and increased completion for lower-cost producers. Honam is still expanding abroad even it had one plant closed down. HPC’s is achieving sales of $ 10 Billion in the US. Honam is “planning on being the top-tier chemical company throughout Asia.…show more content…
The old system provided outdated data reports and “Sanitized. This caused some managers to process fabricate and manipulate their data information to make their departments “look better” to general management. The managers needed accurate and correct information daily. This gave them realistic view of what was occurring in the sale office and the plant floor. They did not want to be overloaded with data that was unnecessary. They needed to have real information that they considered critical to the business. The reports had to be up-dated, up-to minute reports. This could now help team determine the tools they would need to perform the duties. After all the information were gathered. The designed a system that could extract data from a SAP Netweaver business warehouse and it to executives using the SAP dashboard software and SAP Crystal
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