Monday, June 9, 2008

The IDES Organizational Structure and Corporate Structure

The IDES group comprises four areas: IDES Industry, IDES Retail, IDES Services and IDES Banking. Each of these areas consist of subgroups which in turn consist of separate companies. The IDES Industry area comprises, for example, the subgroups IDES Europe, IDES America and IDES Asia. Each of these subgroups consists of separate companies.



Each of these companies has a clear-cut business task within the corporate group. Furthermore, each company is organized in accordance with the legal and country specific requirements of the country in which it is situated. In the companies belonging to the IDES Industry area, industry-specific sales, production, purchasing and accounting processes are presented. The American company and the German company are, for example, defined as producing entities. The French subgroup is solely a sales and marketing entity, whereas the Mexican subsidiary is used to show how the material ledger is used in countries with high inflation rates. The Retail area consists of commercial companies resident in America and Germany which in turn are divided into other concerns. All common commercial processes are shown here. IDES Service illustrates a consulting company resident in America. Here consulting services, amongst other things, are sold, delivered and have their return assessed. The IDES Banking area consists of two banks resident in the USA and Germany. The processes shown here concern typical banking procedures which are based on the standard R/3 System.

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