What happened at Revlon?

Expert Solution

A few weeks ago, Revlon announced that its SAP implementation was a disaster. This came on the heels of delayed financial reporting because of said SAP implementation failure.

The company’s stock fell 6.9% within 24 hours of reporting the news, which led to an investor lawsuit against the company. Not good, especially for a publicly-traded and well-known consumer product company.

Revlon, like many companies implementing SAP S/4HANA and other ERP solutions, didn’t seem to understand the risks associated with their transformations. Worse yet, they must not have quantified or implemented effective strategies to mitigate those risks.

In this case, Revlon experienced shipping delays and lost sales due to production stoppages at its North Carolina plant – the location of the first phase of its SAP go-live.

(SAP :-

SAP SE is a German multinational software corporation that makes enterprise software to manage business operations and customer relations. The company is especially known for its ERP software.)

venereology answered 1 month ago

What happened to the interest rates during the hyperinflation in Zimbabwe? What happened to the interest...

What happened to the interest rates during the hyperinflation in Zimbabwe? What happened to the interest rate during the hyperinflation in Germany? What happeneds to interest rates during a hyperinflation? Does it rise or fall?

2. What is the Neolithic Demographic Transition (NDT)? Explain what happened, why it happened, and how...

2. What is the Neolithic Demographic Transition (NDT)? Explain what happened, why it happened, and how it is connected to the Neolithic Revolution.

The earned value analysis involves comparing what happened with what should have happened. Explain this statement...

The earned value analysis involves comparing what happened with what should have happened. Explain this statement with regard to both the budget and the schedule.

The earned Value analysis involves comparing what happened with what should have happened. Illustrate and Explain...

The earned Value analysis involves comparing what happened with what should have happened. Illustrate and Explain this statement with regard to budget and schedule

What happened in France after Napoleon?

What happened in France after Napoleon? ( In the context of french revolution)

What happened in the 2008-09 recession?

Question: Summarize the below case study by stating what happened, where it happened, who was involved,...

Question: Summarize the below case study by stating what happened, where it happened, who was involved, and the significance of the event in 300-400 words. Case Study: Alan Cohen still remembers the first time he heard the word ” Apache” as an adult, and it wasn’ t while watching a cowboys-and-Indians movie. It was the 1990s, the dot-com market was booming, and he was a senior manager for IBM, helping to oversee its emerging e-commerce business. ”1 had a whole...

What happened to a pregnant woman in a developing country.

What happened to the Athenians at the end of the Sicilian Expedition? b) What was the...

What happened to the Athenians at the end of the Sicilian Expedition? b) What was the fate of the Athenian generals Nicias and Demosthenes at the end of this battle. c) What happened to the rest of the Athenian army at the end of the battle? d) What happened to Athens after this battle? (Thucydides, pp. 525-541; Martin, Chapter 8).

a. What happened in the 1970's that broke the American dream?

a. What happened in the 1970's that broke the American dream?b. What is the relationship between the US trade deficit and the growth of foreign liabilities on the balance sheets of commercial and investment banks?

Question