Premier (India) Bearings : InstaNAV

Premier (India) Bearings works from 4 locations in north, Gurgaon, Ludhiana,

Chandigarh and Mundra, and it was very difficult to track the quantity and value

of inventory available at these locations. Due to lack of consolidated

information in real time, inventory planning was very difficult. Stocks, sales ,

orders on hand and orders of manufacturers had to be compiled and processed

after combining, for each location. Lots of efforts was wasted and lots of

excess items were being ordered. Because of non integrated view of the inventory

every location was ordering independently without considering stock availability

at other locations. Lots of inventory which were non moving at one location were

required at other locations but were still being reordered to manufacturer

causing a dead stock accumulation and blockage of funds.

Microsoft Business Dynamics — NAV (INSTA NAV) was selected to resolve this. With

all the information available at one place, and being easy to track, customer

queries are now answered more quickly. The company has been able to plan their

import orders in much better fashion and are able to process schedule orders of

customers and manufacturers with clear control on deliveries.

Also using stock transfer function, company has been able to save on multiple

sale & purchase entries happening at different locations.