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Forgewell Ltd-Streamlining of Processes

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PCQ Bureau
New Update

The company manufactures drop-forged, ring rolling and upsetter parts, and

wanted to optimize in-house business productivity by streamlining information

across various departments.

MS Dynamics NAV 4.0 was used to integrate the sales, accounts and purchase

departments, among others. The implementation began in June 2006 and was

completed within three months. They implemented the financial management,

purchases and payables, inventory and sales and receivables modules of the

product. The implementation has eliminated manual record creation and

management. An example would be the automation of excise registers. This not

only saves time but also reduces errors. The employees can check the online

status of customers, vendors and stockists for outstanding balances, and see a

break up by currency. They can trace documents such as invoices, payments and

credit memos that have been issued to a customer. Prior to implementing this

solution, for more than one item the company used to create as many sales

invoices. Using Dynamics NAV they can ship multiple items on a single order and

a single invoice. Moreover, with the implementation of the sales and purchase

analysis report facility, they can create customized reports. Overall, the

solution has improved productivity by 45 percent, by creating a bridge amongst

various departments.

Project Specs
Business problem:The legacy

solution did not integrate departments and processes. Data analysis and

access to business information was a pain

IT solutions: They

implemented MS Dynamics 4.0 to integrate departments and processes

Impact:Productivity has improved by 45 percent and employees can

access information in a breeze

IT Implementation partner:Munjal eSystems

Project head:Shyam Khandelwal,Director, Forgewell

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