Premchand Jute trusted SAP B1 and LNSEL for their ERP Solution
About the company
This company is completely into the manufacturing of all kinds of jute products. The company was established way back in 1962, but the current owners have taken over it 10 years back. In those days the production was about 10 tons per day.
Currently, the company produces about 120 tons per day. During its inception, the company used local accounting software for maintaining and managing accounts. Unfortunately,this software was not living up to the expectations of the company. The company was more in favour of a structured system. Thereby the company wanted to change the overall software system for accounting.
The challenges being faced
The jute industry is a very vast industry with more than 4000 individuals working on it. Creating a structured cost and maintaining the overall balance was very important. Somehow their local software failed to perform and that’s when the company felt the need of a more robust ERP solution. The company has dealt with severe finance-related issues.
In the jute industry, mainly the raw materials, the labour, the stores, and production forms the four major areas. All these four areas need to have a proper reporting system daily. Their old software just helped them to put the entries correctly, but the reports generated every month were not up to the mark.
The benefits they got
This jute company was approached by LEE & NEE as a SAP B1 consultants. They approached the idea of implementing the ideas of catering tailored solutions to eradicate the ongoing problems.
Our company was diligent in implementing the SAP software’s and it brought halcyon days for the client as a whole. They have been witnessing positive results and this is something they have appreciated.
The added benefits
When it comes to production the daily output can be availed with ease. The company has been able to take control of the costing of various products. All reports in the company are generated with the help of this ERP software.
The stores and finance-related entries have been streamlined. Also, the manpower requirement has reduced in the past 2-3 months. Now they have streamlined the entire process in a more system-driven manner.
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