U2K2 project and SAP execution

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Date
2011-09-29Publisher
BRAC UniversityAuthor
Faruk, Jabed BinMetadata
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Unilever Bangladesh Limited was initiated a project called U2K2 on August, 2010 which is basically
a Business transformation program to support achievement of the AAC “Serve, Grow, Deliver”
Vision by strengthening the One Unilever operating framework in the Region, leveraging Unilever’s
scale further and implementing one way of working enabled by SAP. Although it had various
benefits such as it helps to make faster decision, manage price and Forex volatility efficiently,
improves operating cash flows and provides greater information visibility, etc. but it changed the
total way of working of Unilever Bangladesh Limited. To manage this organizational change and
cope up people with this change, Change Management Team of U2K2 Project has been done several
activities such as Change Impact Assessment, Leadership Alignment Workshop, Stakeholder
Management Plan Development, building Change Network Strategy, Loyalty Program, organizing
training program, doing survey on user readiness checking.
However, SAP is a leading Enterprise Information and Management Package which helps Unilever
Bangladesh Limited to track and manage sales, production, finance accounting and human resources,
in real-time. The main benefit that Unilever Bangladesh Limited gets from this software is
integration because SAP is designed to allow any organization to operate variety of business
processes within a single integrated information system. Although Unilever Bangladesh Limited gets
various benefits from SAP, several departments have been affected due to implementation of this
software and Finance Department is most affected one. Different finance functionalities like
Financial Planning Processing, Internal Orders Processing, Month end Closing, Value Chain
Reporting, Product costing, Cost centre Hierarchy, Collection Process, Profitability Analysis,
Planning from Retail Selling Price, etc. have been changed because of the SAP Financial Accounting
Module and SAP Financial Controlling Module.
Although SAP helps Finance Department of Unilever Bangladesh to improve their collection
process, Month end Closing process, monitoring and controlling activities, reduce billing cost and
speed up data processing, etc. but it requires high understanding level regarding SAP application and
great discipline among the employee of the Unilever Bangladesh Limited.