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Blog Entry# 1926428
Posted: Jul 11 2016 (17:17)

1 Responses
Last Response: Jul 11 2016 (17:17)
Rail News
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IR Affairs
Jul 11 2016 (12:20)   Tracking Indian Railways: Decisions based on gut reaction can lead to costly mistakes
 

Arnab_K~   149 news posts
Entry# 1926428   News Entry# 273406         Tags   Past Edits
Which trains are money-spinners and which routes are losing? How much of freight business and on which products are being lost to the road sector every...

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Jul 11 2016 (17:17)
I.R.needrejuvenation~
I.R.needrejuvenation~   1946 blog posts
Re# 1926428-1              
Absolutely correct Sir. A comprehensive real time ERP system is absolutely essential for IRlys in-order to take practical decisions at each level and area of operation. It is very heartening to note that hon. RM Prabhu Ji is determined to develop (computerised) ERP system for Indian Railways. ERP along with double entry accounting system being pursed, will help IRailways in a big way.
ERP should be such that data and analysis pertaining to each and every activity of railway operation, maintenance, technical, financial, commercial etc at micro as well as macro level is readily available. Technical as well as financial data & analysis of every small activity like a train, stoppage of a train, a railway station, a freight terminal should
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be available through ERP. Macro as well as micro planning can be done to turn all the loss making entities into profitable ones and to further optimize the performance of profitable entities. In other words all zones/divisions/ sections shall work coherently towards common goal of IRlys by optimizing each and every activities and assets. ERP will give all the data/ analysis to take proper decisions.
Prabhu Sir is really taking big and path breaking decisions. We can only wish him and his team all the best and pray for cent percent success in his endeavours. IRlys appears to be moving in right direction.

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