Founded in 1977 as a small manufacturing unit, V-Guard Industries Ltd. (V-Guard) has grown to become one of the largest electrical appliance manufacturers in India. The company reported revenues of more than $126 million for the 2010 to 2011 financial year, and a 43 percent increase in net sales during the same period. V-Guard manufactures electrical products, including voltage stabilizers, wiring cables, pumps, motors, solar water heaters and electric fans. The company employs more than 1,700 people, operates some 200 distribution and service centers, and partners with around 9,500 retailers to deliver its products to a client base of approximately 50 million people. Recognizing that its existing information management systems were not sophisticated enough to cope with the changing needs of the business, V-Guard sought a robust solution that would promote enhanced information and process control, and provide Robin Joy, CIO and General Manager of V-Guard Industries Ltd, explains, “Our existing IT systems had been developed in-house and had supported us well in the past, but gaps began to emerge as the business expanded. We relied on a number of different applications for inventory management, production, product costing and financial accounting, and the lack of integration between these systems was really starting to impact operational visibility and efficiency as we continued to grow.” generated by its operations on materials, production, sales and finance threaten to overwhelm the company.
Overview
Challenge V-Guard Industries Ltd wanted to find a way to better manage the information explosion associated with rapid enterprise growth, improve operational visibility and enhance quality standards. Solution V-Guard embarked on a major business transformation project and deployed SAP ERP and SAP BusinessObjects Business Intelligence solutions, with assistance from IBM Global Business Services.