Pune, India, May 17, 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 Limited (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 the 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 the execution of the projects along with advanced data analytics capability, resulting in informed decision-making and cost efficiency.
KPIT focused on the following aspects while implementing the solution:
- Designing inventory control management systems that 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 the 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%, through the introduction of touch screen systems that allow 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 completion of all stages of the requisite tests for the project, as well as assists in the generation of 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 scheduling training for the core IHZL core team, followed by multiple time end-user training 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 the productivity of its projects and achieve sustained growth,” said Sahil Dhawan, Associate Vice President, SAP SBU at KPIT Technologies.
About KPIT Technologies Ltd.
KPIT (BSE:532400, NSE: KPIT) is a global technology company specializing in providing IT Consulting and Product Engineering solutions and services to Automotive, Manufacturing, Energy & Utilities and Life Sciences companies. Together with its customers and partners, it creates and delivers technologies to enable creating a cleaner, greener, and more intelligent world that is sustainable and efficient. For more information, visit http://www.kpit.com.