Leveraging operational efficiency and excellence through Zensar's SAP Solution The Customer Spentex Industries Limited is one of the leading textile companies, with a vision of "Going Beyond Tomorrow”. It is one of the largest manufacturers of finest cotton and synthetic yarn. The Business Challenge The key issues to be addressed were: - Tracing stock availability
- MIS report preparation consumed lot of time
- Tracking inventory position.
- Tracking of movement of goods from one plant to another
- Lack of integration between different modules in the earlier ERP system
- Impact of sales revenue and sales dispatches were delayed due to improper information flow
The Solution Zensar's solution included developing a comprehensive plan for creating a financial information reporting solution. The major activities were as follows:- - Centralization of all global data inputs
- Creating a centralized platform for auto generation of consolidated financial reports
- Developing an user-friendly interface to enjoy secure, real-time access to more timely, accurate and consistent information
- Centralized information for accurate inflow of information across all the modules ex: Sales, Business Process was consolidated from all the sites spread across different geographical locations
- Standardization the costing method across all the production plants
Business Benefits With its new processes and technology, Spentex now analyzes organizational data more granularly. Some of the significant benefits achieved by Spentex are: - Real-time access to more timely, accurate and consistent data
- Measurable time reduction for financial reporting and consolidation
- Cost reduction through streamlined information delivery
- Simplified customer/vendor analysis for new as well as old transactions
- Better traceability of customer credit limit and authorization
- Sales order and customer-wise tracking became a part of SIL's information system
|
