Pune, India, May 16, 2017: KPIT Technologies (BSE: 532400; NSE: KPIT), a global technology company specializing in IT consulting and product engineering, announced today the successful implementation of the new generation of enterprise software, SAP Business Suite SAP S/4HANA (Version 1610) for Isgec Hitachi Zosen Ltd. (IHZL), a global joint venture catering to the specialised and critical process equipment requirements of oil & gas, refineries, fertilizer, and petrochemical industries, to support its digital transformation program, Lakshya. The deployed solution leverages the benefits of digitalization to enable Isgec Hitachi Zosen with better control on project execution by providing clear visibility into operations, strengthening procurement processes and augmenting inventory control.
KPIT's strong partnership with SAP® and long standing experience in SAP implementations for the manufacturing industry were the key factors driving IHZL's decision to partner with the company. The deployment of the real-time intelligence of SAP S/4HANA
will assist the company to timely deliver quality mission-critical equipment-where the risks involved are high-and eliminate errors arising from manual procurement systems. Further, the solution gives the management team at IHZL complete insights into execution of the projects along with advanced data analytics capability, resulting in informed decision making and subsequently cost efficiency.
KPIT focused on the following aspects while implementing the solution:
- Designing inventory control management systems which accurately track availability of material for the company's made to order products, eliminating disadvantages of the legacy system that made monitoring difficult due to duplicity of item codes.
- Optimizing supply chain by providing tighter control over the inventory, which contributes to about 60-70% of the production costs, through live tracking and valuation of the inventory available.
- Improving the speed of production by making the process of issuance of welding consumable faster by 50%, by introducing touch screen systems that allows workmen to place consumable issuance order instantly.
- Improving the NDT (non-destructive testing) outcomes of fabrications by implementing a module that automatically monitors and ensures all stages of the requisite tests are performed for the project, as well as assists in generating automated reports of the NDTs concluded.
Harbir Singh, Head of Operations, Isgec Hitachi Zosen Limited said, "Delivering quality, on time along with having a thorough control on project execution is critical to the success of our projects. The solution implemented by KPIT ensured that it addressed the challenges faced by IHZL. We were impressed by KPIT's highly professional and agile approach. Their advanced planning and scheduled training for the IHZL core team, followed by multiple time end user trainings by the core team members, helped us in going live without any disruption".
"We were chosen by Isgec Hitachi Zosen Ltd for our strong SAP product expertise, extensive knowledge of the manufacturing domain, and on-time delivery track record. Digital transformation has become imperative for business growth and enterprises are finding it challenging to make a seamless transition to digitization. KPIT resolves the complexities to provide solutions which enable Isgec Hitachi Zosen to improve productivity of its projects and achieve sustained growth", said Sahil Dhawan, Associate Vice President, SAP SBU at KPIT Technologies.