By SearchSMBAsia Editors | Jun 29, 2009
Yokohama Tire Philippines Inc., (YTPI), a local subsidiary of the Japan-based global tire manufacturing company, recently acquired Oracle human resource management solutions to streamline its HR system.
The new system, which will implement Oracle’s
PeopleSoft Enterprise Human Capital Management, Oracle’s PeopleSoft Enterprise Human Resources and Oracle's PeopleSoft Enterprise Time and Labor and Oracle Database 11g Enterprise Edition, is expected to remove loopholes in YTPI’s HR, boost the department’s productivity and bring to transactional level any employee inquiry.
“YTPI’s people is one of our greatest assets but managing it has always been a challenge for a company such as ours whose operations run nonstop, 24/7,” said Tomohiro Yoneko, executive vice president, YTPI. “To help us gain significant HR intelligence and performance and boost our plant’s productivity, we chose Oracle’s solutions which we expect to be implemented smoothly and without interruption to our business operation.”
The software vendor said the system will help YTPI fully and efficiently manage its employee records, which is composed of 1,600 regular employees and more than 350 agency workers.
“We are glad that YTPI has tapped Oracle PeopleSoft Enterprise HCM solutions as it takes it HR systems on a higher level,” said Ryan Guadalquiver, managing director, Oracle (Philippines) Corporation. “Oracle is committed to helping our customers transform their businesses’ most important resources – their employees.”
The implementation, according to YTPI, is expected to take full effect by the end of this year.