LAKSHMI ELECTRICAL CONTROL SYSTEMS

Case study


Industry
IMC

Products
Electrical control panels, injection moulding, switchgear components, cable harness and other electrical products

Employees
500+


Enhancing Cash Flow and Supply-Chain Agility with SAP ECC

LECS, pioneer and top manufacturers of electrical control panels, injection moulding, switchgear components, cable harness and other electrical products.


Before: Challenges and Opportunities

  • Replace legacy reporting and enable data-driven decision-making with real-time business insights to speed response to market changes
  • Streamline closing processes and enable timely access to period-end financials
  • Leverage digital technologies to innovate services-based business offerings around predictive maintenance and high availability of spare parts

Why SAP and SAVIC Technologies Private Limited

  • Next-generation processes enabling employees to make smarter and faster decisions, with the IT department playing a strategic role in the future vision
  • Long-standing investment in SAP®software
  • One integrated and intelligent infrastructure for ERP built on the extended edition of SAP ECC, reducing IT complexity and enabling consistent and error-free data and reporting
  • Prioritization of cloud strategy and use of industry best practices enabling a greenfield implementation

After: Value-Driven Results

  • Created a uniform system landscape with a single source of truth, using the SAP Analytics Cloud solution in real time to manage more than 30 KPIs
  • Enabled predictive analytics and reporting, allowing faster response to market dynamics, helping to minimize cost escalations and disruptions to sales
  • Established a future-ready platform to support innovation using machine learning, IoT, and mobile technologies

TOP BENEFITS ACHIEVED


25%

Reduction in total cost of ownership


100%

Automated finance processes


Speeding

Financial closing from 10 days to 5 days


savic logo

  • " With SAP ECC, we can gain clear competitive advantage using advanced technologies to innovate new services, putting us in a strong position for future success. ”

    Natarajan

    IT Head

    LAKSHMI ELECTRICAL CONTROL SYSTEMS


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