Client Background

• Client: Steel distribution company headquartered in Texas, USA
• Industry type: Manufacturing
• Products or Services or Core Business: Manufacturer of oil country tubular goods (OCTG), line pipes, specialized steel products
• Geography or Areas of operations: USA, Canada

Challenge

The organization had legacy systems that resulted in significant amount of manual operations and lack of end-to-end visibility of data, which hindered their growth and speed-to-market. The client was looking for a solution that would help them:

• Improve Finance and Accounting capabilities
• Ensure data integrity and data visibility to ultimately improve market touch
• Enable timely financial closing with enhanced reporting & analytical capabilities, thereby impacting the company’s financial performance
• Automate processes where manual intervention is unnecessary
• Establish real-time inventory visibility across the organization

Solution

Wipro helped the organization remove bottlenecks in key business processes and recommended Oracle NetSuite to offer a robust solution for current and future needs. Wipro implemented NetSuite SuiteSuccess Manufacturing Mid-Market 2018.1 edition.

• Modules implemented: Financial Management, Order and Billing Management, Procurement, Advanced Revenue Management, Inventory Management
• Implemented automation for:
  •  Release Orders and Delivery Orders numbering
  •  Lot numbering for Item Receipt and Work Orders
  •  Quote-to-Order and invoicing processes
• Implemented solutions for:
  •  Lot & PO Soft-Commit
  •  Catch weight management
• Created reports for item availability and warehouse inventory

Business Impact

Wipro’s solution resulted in the following benefits:

• Streamlined processes and increase in efficiency as a result of automating various processes in Procure-to-Pay and Quote-to-Order
• Reduced duration for reporting month and quarter closures, enhancing productivity
• Real-time visibility of inventory
• Improved financial analytics, auditing and profitability analysis
• High scalability, leading to greater preparedness for future growth opportunities