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The Home Depot

Date:(2019/10/22)   Hits:766


BACKGROUND

The Home Depot is the world's leading home building supplies retailer and The second largest retailer in The United States. Home Depot has 2,234 chain stores in The United States, Canada, Mexico, and China. The Home Depot was found in 1978, is the world's third largest retail group after Wal-Mart and Carrefour.


Home Depot has been named "Favorite Specialty Retailer" by Fortune magazine for nine consecutive years. In 2007, it ranked 17th in the FORTUNE 500, and in 2006, it ranked 43rd in the Global Fortune 500. In the same year, it was ranked 1st in the "Most Admired Specialty Retailer" and 13th in the "Most Admired Company" by fortune magazine. It has 1,200 stores in the U.S. and 133 overseas. Home Depot is no. 23 on the Fortune 500 list released on June 7, 2017. In June 2017, The Home Depot was ranked 24th in the 2017 BrandZ Top 100 Most Valuable Global Brands list. On July 19, 2018, the Fortune Global 500 list was released, and Home Depot ranked 57th. In December 2018, the top 500 World Brands 2018 compiled by The World Brand Lab was announced and ranked 209th.


SUCCESSFUL MULTINATIONAL IMPLEMENTATION

As a global company, The Home Depot's financial localization needs to connect the entire business through Dynamics 365 to anticipate and respond quickly to disruptions by digitizing its supply chain, enhancing visibility, improving planning and maximizing asset productivity. In addition, Dynamics 365 optimizes home Depot's HR operations to make smarter talent decisions, helping it create a better workplace for both employees and the company's multinational business to succeed.


PAIN POINTS

o Long cost approval process

o Low coupling of travel application and expense approval data

o Payment process tracking is difficult

o Offline salary management is inefficient


SOLUTIONS

o Travel and expense reimbursement management

o Mobile approval scheme

o Bank payment interface integration scheme

o Compensation management


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