New Case Study: V-Guard Industries Ltd. generates greater efficiency with IBM and SAP
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V-Guard Industries Ltd. generates greater efficiency with IBM and SAP
Overview: Founded in 1977 as a small manufacturing unit, V-Guard Industries Ltd. (V-Guard) has grown to become one of the largest electrical appliance manufacturers in India. The company reported revenues of more than $126 million for the 2010 to 2011 financial year, and a 43 percent increase in net sales during the same period.
Business need: V-Guard is growing organically and by acquisition within India, and is looking to expand internationally. The sheer volume of information that its operations generate on materials, production, sales and finance threatened to overwhelm the company. Add to the mix the need for product traceability and higher quality standards, and combine it with pressure to report on product costing, financial performance and credit management: the consequence was that V-Guard needed to find a way to enable growth without creating an unsustainable administration workload.
Solution: V-Guard selected integrated SAP ERP software as its strategic business management solution, deploying the SAP applications to replace its former systems in a step-by-step program. The company also implemented SAP NetWeaver Business Warehouse, SAP NetWeaver Portal, SAP BusinessObjects, SAP Solution Manager for Documentation and Project Management. The IBM team assisted with architecture design, configuration and deployment for the SAP solution, and the major business transformation program associated with transferring from isolated applications to a centralized platform.
Benefits: Integrated SAP solutions help V-Guard to generate month-end closing figures 70 percent more rapidly and enable it to produce quarterly reports 58 percent faster than before.Reduced staffing needs by 85 percent: 20 people were previously involved in generating month-end closing figures. Now just three people can produce the figures in a fraction of the time. Enabled the company to quickly and accurately identify and assess true product costs.
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