IMP Power Looks For Customized ERP
IMP Power Ltd., a Mumbai based manufacturer of electrical measuring instruments, testing equipments, distribution & power transformers, plans to switch over to a customized enterprise resource planning (ERP) application to handle the rigours of increased business volume.
Speaking to CXOtoday, C.K. Leena, EDP Manager, IMP Power Ltd., said, At present we are using Foxpro based applications that are all in silos. We thus need an integrated application, for which we would opt for a customized solution. The company uses disparate applications for inventory, finance and payroll at the moment.
What has prompted this initiative is the need to better monitor business processes and reduce the inventory level. Although plans are in place for the initiative, the evaluation of vendors for the same is yet to commence. Says Leena, We would definitely go for a customized ERP but the process would start only in January 2005.
Established in 1961, the company has two manufacturing units at Mumbai & Silvassa. Thus, parallel to the ERP initiative, the enterprise would also go for a stable database as well. Also planned is a networking initiative to roll out the ERP to its Silvassa unit.
Talking about the constraints in the IT initiatives, Leena added that since the enterprise is small in its operations reach, any IT initiative is dictated by its cost effectiveness.
The company uses an in-house computer aided design (CAD) mechanism and has a design database. In addition to the numerous laurels that the enterprise already has to its credit, are Engineering Export Promotion Council’s Award and National Export Award by the President of India for excellence in export.