Why IP Rings Ltd Chose SAVIC as Its Transformation Partner
AutomotiveSAP S/4HANA
IP Rings is a frontline automotive components manufacturer specializing in production of piston rings in high carbon high alloy steels and nodular iron with various surface coatings. Their products find application in present-day high-performance, low-emission engines. SAVIC implemented SAP S/4HANA and Opentext to standardize business units and improve service to customers worldwide.
Business Challenges / Requirements
- Existing ERP was not integrated with all divisions of business units
- Stock tracking and month-end closure was not real time
- Planning and manufacturing processes were manual
- Transactions were captured in multiple systems — no centralized ERP
- Need to harmonize business processes and increase agility and productivity
Solution Provided
- Implemented SAP S/4HANA and Opentext for end-to-end integration
- Provided E2E solution from RM procurement through packing, blending, production to sales
- Implemented FI/SD/MM/PP/QM/HCM modules with seamless integration
- Integrated batch management, barcode reading, MIS reporting, and SRM Portal
Value & Benefits Delivered
- 1 platform to standardize and communicate business practices with all business units
- OEE report available in real-time
- 100% improved information across the organization
- 97% faster reporting
- Real-time analytics to deliver insight into inventory and customer needs
- Product costing based on material, activity, and overheads
Why SAVIC
- Deep understanding of auto components manufacturing industries
- Captured accurate real-time data for faster decision-making
- High-speed processing, real-time analytics, and full SAP S/4HANA functionality
- Proven expertise in complex automotive manufacturing implementations with Opentext
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