Tecknoweld Alloys Implements SAP Business One
Chennai based Tecknoweld Alloys, a manufacturer of alloy products such as ultra plates, welding electrodes and flux cored wires is implementing SAP Business One solution at its facility to seamlessly integrate mission critical business processes such as inventory management, and financial accounting.
Technology service provider TVS Infotech will be supplying as well as implementing the solution along with some additional software modules to be integrated with Business One. The add-ons will provide Tecknoweld with increased visibility into overall operations and better control over processes such as payroll, manufacturing and assets management.
The initiative forms an important part of Tecknoweld’s growth strategy and the company hopes that by establishing a sound IT backbone it will be aptly geared up to face future business challenges.
V.V. Balaji, MD, Tecknoweld elaborated on the reasons for implementation, “We are not happy with our existing Tally based accounting system. It has many disadvantages when it comes to processes such as assets tracking, and inventory management. It’s not a scalable solution and does not provide the desired interoperability between different departments within the organization.”
The implementation is already underway and TVS Infotech is using an IBM server from its eServer x226 series and MS SQL 2005 for the database. Initially, the system will be configured for 15 users.
Tecknoweld was approached by several vendors with competing offerings including Microsoft’s Dynamics. But after weighing its options, the company chose to go for SAP Business One.
Giving his thoughts about Microsoft Dynamics Balaji said, “Dynamics didn’t seem to offer the broad range of functionality offered in Business One. Besides, it appeared too complex and less user friendly. Business One far more integrated with a single database which efficiently covers accounting, ERP and data warehousing.”
Tecknoweld is hoping to become a Rs.1,000 crore company in the next five years and has plans to open manufacturing facilities in the state of Chattisgarh and another one in Thailand. The company may even revamp its IT and acquire a high-end system in order to keep pace with its ambitious plans.
“We may go for mySAP ERP in the coming years if required and in that case the familiarity with SAP will certainly help the migration to the high-end ERP and will be an added advantage to us,” told Balaji.
This is TVS Infotech’s second customer win for Business One. Earlier, it deployed the solution at a Chennai based apparel maker known as Ploycrest Innovations India Ltd .
The Business One deployment is expected to go live by November 2006.
- CXOs Still Wary Of Cloud Data Security: Study
- Why Financial Sector CIOs Should Get On Top Of Machine Learning
- AI, Robotics Are All Here; Are Business Leaders Ready?
- Unnecessary Security Cordons Make Fintech More Vulnerable
- Using RPA For Greater Accuracy, Efficiency In Business
- Direct Co-ordination With CEO Can Maximise Cyber Security
- How Much Of Human Jobs Will Be Performed By Machines?
- How Fortis Improves Patient Care With Microsoft Azure
- How To Build A Workforce Of Relentless Change Agents
- The Most Ethical Tech Firms And Why They Matter