ERP Software implementation to integrate diversified business operations
About R R Ispat
R R Ispat (Hira Group Company) has very diversified business operations. E.g. TMT Bars, HB Wires, Wire Rods, Electrical Control Panel manufacturing, EOT cranes and Transmission line towers.
One Glance Summary of Spectrum ERP Case Study of R R Ispat
| Challenges | Solutions | Impact |
|---|---|---|
| Required scalable business solution and IT systems to propel rapidly growing business | Full suite Spectrum ERP which implemented standard business processes. Specific Features and Solutions to make their business robust and scalable for future growth | R R Ispat Business grew many-fold. Our scalable systems handle larger volumes of data and transactions capably and efficiently. |
| Wanted to integrate very diversified businesses such as Rolling Mills, Electrical Panels, Transmission Line Towers | Spectrum ERP full suite implementation. Solution specifically configured for Rolling Mills, Electrical Panel and Transmissions Line Tower | All Business verticals tied together and centralized with Spectrum ERP Solution |
| Required a solution which implements a robust Supply Chain operation | Provided Spectrum ERP Solution with Supply Chain capabilities such as Central Procurement Solution, Material Requirement Planning (MRP), Warehousing etc | R R Ispat was able to consolidate, monitor and control their supply chain activities effectively |
| Need for real-time accounting | Provided Spectrum ERP Solution with integrated real-time Finance and Accounting Module | Management able to view Financial data in real time and take informed decisions |
| Unable to view company- wise data and also consolidated at Head Office Level | Provided Spectrum ERP Solution with MIS reporting at Head Office Level | Management able to view consolidated data at Head Office level and even drill down to Transaction level |
Challenges faced by R R Ispat:
- R R Ispat was a fast growing business and wanted to make rapid progress. Hence they required a scalable business solution and IT systems to propel their growing business
- They wanted to integrate very diversified businesses such as Rolling Mills, Electrical Panels, Transmission Line Towers
- Their vastly diversified businesses required a solution which implements a robust Supply Chain operation
- Accounting was being done in different locations and departments and hence needed consolidated real-time accounting
- They did not have proper visibility of company-wise data as consolidated Head Office Level data.
Spectrum ERP Solution implementation:
- We carried out Spectrum ERP full suite implementation. The solution was specifically configured for Rolling Mills, Electrical Panel and Transmissions Line Tower industries
- With Spectrum ERP we implemented standard businesses processes. We also provided specific Features and Solutions to ensure it is robust and scalable for future growth
- We provided Spectrum ERP Solution with Supply Chain capabilities such as Central Procurement Solution, Material Requirement Planning (MRP), Warehousing etc to make their Supply Chain Robust
- We provided integrated real-time Finance and Accounting Module
- We provided Spectrum ERP Solution with MIS reporting at Head Office Level
Impact of Spectrum ERP Implementation:
- While R R Ispat Business has grown many-fold, our scalable systems are handling large volumes of data and transactions capably and efficiently.
- with Spectrum ERP Solution all Business verticals tied together and centralized
- With our Supply chain solution, R R Ispat are able to consolidate, monitor and control their supply chain activities effectively
- Management are able to view Financial data in real time. They can view consolidated data at Head Office level and even drill down to Transaction level
