About Niros Ispat
Niros Ispat manufactures sponge iron, power, M.S. ingots and M.S. pipes.
One Glance Summary of Spectrum ERP Case Study of Niros Ispat
|Need to Integrate diversified businesses||Spectrum ERP full suite implementation. Solution specifically configured for Integrated Steel industry||All Business verticals tied together and centralized with Spectrum ERP Solution|
|Manage Large Volume of Transactions||ERP Solution tuned to handle large volumes of transactions||Saved significant time required in preparing large and Complex reports|
|Lack of Standard Business Procedures||Implemented Standard Business Procedures with Spectrum ERP||Mature, Disciplined and aligned Business Processes|
|Information present in Silos||Centralized Repository for single view and real-time access to data||Single Source of accurate Information to make business decisions.|
Challenges faced by Niros Ispat:
- Niros Ispat needed to integrate their diversified business
- They had to manage large volume of transactions and business activities
- Standard business procedure were not in place
- Information was present in Silos and not available at central location
- Managers did not have access to single accurate data to make well-informed decisions
Spectrum ERP Solution implementation:
- We carried out full suite Spectrum ERP implementation with all standard modules with Solution configured for Steel Industry
- ERP solution was performance tuned in order to enable handling large volumes of data.
- We implemented standard business procedures with Spectrum ERP.
- We created a centralized repository for single view easy access to real time data for making informed decisions
Impact of Spectrum ERP Implementation:
- All Business verticals tied together with Spectrum ERP Solution
- Spectrum ERP ensured mature, disciplined and aligned Business Processes
- Central repository ensured Single Source of accurate data to make business decisions.
- Saved significant time required in preparing large and Complex reports