GROWING AT A BRISK PACE The key verticals adopting ERP are auto, telecom, healthcare, ITeS,
manufacturing and government. But, ERP and other software application modules
have also made inroads into the textile segment as well, with amazing results.
Lakshmi Machine Works (LMW), one of the country's largest textile spinning
machinery manufacturer has increased its revenue by 20%, last fiscal, with the
implementation of Oracle's E-Business Suite.
Founded in 1962, LMW is one of the three global manufacturers that provide a
complete range of textile machinery and boasts of 68% marketshare in India. To
effectively compete with rising global competition and price pressures, it
needed to implement aggressive cost controls, become more responsive to customer
requirements, increase supply chain efficiency and introduce decision-making
processes based on business intelligence.
LMW selected a phased implementation and went live with the first phase in
2003, just 10 months after the implementation began. It is currently using the
Oracle's Enterprise Asset Management, Balanced Scorecard, Financials, Human
Resources Management System, Manufacturing, Sales, Services and Procurement. The
current implementation of product lifecycle management concludes the second
phase of deployment.
"LMW has seen positive results from the Oracle implementation,"
says Sanjay Jayavarthanavelu, Director, LMW. "The automation of processes
across the business has improved efficiencies in our manufacturing operations,
helped us to increase revenue and cut costs last year."
Page(s) 1 2
|