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Monnet Ispat-ERP Implementation
Monday, June 18, 2007
With the implementation of Microsoft Dynamics NAV 4.0, Monnet Ispat has
streamlined its business processes and enhanced organizational productivity. The
application was implemented at its New Delhi head office, and across four
manufacturing facilities at Raipur. The ERP is now handling the inflow and
outflow of inventory, as well as costs. The solution has ensured a single
database at the New Delhi head office and the Raipur manufacturing facility.
The company implemented the modules for finance, sales and dispatch,
purchase, inventory, gate, weighbridge, quality and indent. Weighbridge readings
are weighing records of the inward/outward movement of materials in trucks. The
weight of the truck shown by the machine is automatically picked up by the
system without any manual entry, eliminating errors or manual manipulation.
All purchases are based on the indent system. The company files the request
with the purchase department with the prior approval of the head of the
department. Both in and out gate entries are linked to the indent. There is a
provision for gate entry against multiple POs. The module was customized so that
a gate entry could be made against multiple POs. The flow of information of
business processes at multiple locations is now accurately assimilated and
analyzed for superior control and better, informed business decisions.
| Project Specs |
| Business
problem: Threat to data security, lack of
coordination among various departments and manipulation of reports
IT solution:
Enhanced data sharing in a secure manner
Impact:
Access to real-time information and faster report generation with
inter-department coordination are now possible
Implementation partner:
Munjal eSystems
Project head:
Sunil Mittal, Vice President, Monnet Ispat Limited |
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