Statutory Report

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Learn how we helped our client achieve 98% product costing accuracy with a simple integrated solution.

About the Client

Specializing in sheet metal components and assemblies, the company offers a wide range of over 1000 products. A firm believer in quality, the organization has a sophisticated tool room with the latest CAD/ CAM facilities and has received the ISO/ TS 19649: 2002 certification by TUV (Rh), Germany. With 12 manufacturing plants across 5 countries, the company's primary exports are to Saudi Arabia, Dubai , and Singapore. Owing to its superior design and engineering capabilities, the company supplies to leading OEM's like Tata Motors, Mahindra & Mahindra, General Motors, Volkswagen, Ashok Leyland Nissan, Bharat Benz (Daimler India) and Ford.

Business Case

The client was facing operational efficiency issues which were negatively impacting the bottom line. Some of the pain points were:

  • Managing a high working capital
  • Lack of standardized execution processes
  • Cumbersome reporting due to Excel based inputs and manual tools
  • Spiralling inventory handling costs due to complex tracking of stock movement
  • Time consuming repetitive processes across locations

Solution Snapshot

  • Roll Out to 9 Locations for 2 Legal Entities
  • 77 Concurrent Users
  • Tool Life Monitoring
  • Centralized Procurement
  • Quotation Accuracy
  • Heat Number Tracking
  • Subcontracting Support: Simplified Excise Calculations with India Localization and facility for Challan 57F4

Benefits

  • Time, Effort and Cost Reductions due to elimination of Multiple Add-On Solutions
  • Increased Accuracy in Quotation and Order Processes
  • 15% Reduction in Report Generation Time due to easy availability of consolidated data
  • 15% Reduction in Lost Inventory due to detailed item and component tracking
  • 20% Reduction in Tool Repair Costs due to the Tool Life Monitoring System
  • Efficient Scrap Management due to Production Materials Tracking