IBM Case Studies Navneet Group drives business growth with SAP and IBM

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	Navneet Group drives business growth with SAP and IBM IBM

Navneet Group drives business growth with SAP and IBM

IBM

Technology Category	Functional Applications - Enterprise Resource Planning Systems (ERP)
Applicable Industries	Education
Applicable Functions	Discrete Manufacturing Sales & Marketing
Use Cases	Manufacturing System Automation Supply Chain Visibility
Services	Software Design & Engineering Services System Integration
Challenge	Navneet Education Limited, the publishing arm of Navneet Group, aimed to expand its operations across its domestic market in India. However, the company lacked an accurate, comprehensive view of its operational costs, which limited its ability to allocate the necessary investment to pursue growth opportunities. The manufacturing, sales, and accounting functions of the publishing business operated independently of one another, making the process of gathering data for group financial reporting complex and time-consuming. This process involved collating information from across the business held in multiple different spreadsheets and emails. Read More
About Customer	Navneet Group, headquartered in Mumbai, India, is a conglomerate that operates the publishing and stationery company Navneet Education Limited. The company produces a range of educational products that are a leading choice among students and teachers in India. Navneet Group employs more than 2,600 people and generates annual revenues equivalent to approximately USD83 million. The group aimed to expand Navneet Education Limited, but the lack of an accurate, comprehensive view of costs limited its ability to drive its growth strategy. Read More
Solution	Navneet Group engaged IBM Global Business Services to drive a transformation of its publishing business. The company replaced its manual processes with fully integrated best practices supported by SAP ERP software. The new approach delivers a single view of spend across all aspects of the business, enabling accurate costing. The solution forms the basis for operations across the company, including three manufacturing plants, export and domestic departments, and three sales offices, for a total of 200 users. By automating processes such as billing, product costing, and financial consolidation, Navneet Group has boosted its operational efficiency and increased employee productivity. Read More Log in to view content
Contents

Technology Category

Functional Applications - Enterprise Resource Planning Systems (ERP)

Applicable Industries

Education

Applicable Functions

Discrete Manufacturing

Sales & Marketing

Use Cases

Manufacturing System Automation

Supply Chain Visibility

Services

Software Design & Engineering Services

System Integration

Challenge

Navneet Education Limited, the publishing arm of Navneet Group, aimed to expand its operations across its domestic market in India. However, the company lacked an accurate, comprehensive view of its operational costs, which limited its ability to allocate the necessary investment to pursue growth opportunities. The manufacturing, sales, and accounting functions of the publishing business operated independently of one another, making the process of gathering data for group financial reporting complex and time-consuming. This process involved collating information from across the business held in multiple different spreadsheets and emails.

About Customer

Navneet Group, headquartered in Mumbai, India, is a conglomerate that operates the publishing and stationery company Navneet Education Limited. The company produces a range of educational products that are a leading choice among students and teachers in India. Navneet Group employs more than 2,600 people and generates annual revenues equivalent to approximately USD83 million. The group aimed to expand Navneet Education Limited, but the lack of an accurate, comprehensive view of costs limited its ability to drive its growth strategy.

Solution

Navneet Group engaged IBM Global Business Services to drive a transformation of its publishing business. The company replaced its manual processes with fully integrated best practices supported by SAP ERP software. The new approach delivers a single view of spend across all aspects of the business, enabling accurate costing. The solution forms the basis for operations across the company, including three manufacturing plants, export and domestic departments, and three sales offices, for a total of 200 users. By automating processes such as billing, product costing, and financial consolidation, Navneet Group has boosted its operational efficiency and increased employee productivity.

Impact #1	The company now obtains accurate, timely reporting to support better-informed decision-making.
Impact #2	Navneet Group can more easily adapt its strategy to meet challenges and opportunities in its domestic marketplace and beyond.
Impact #3	By utilizing a common platform across all of its lines of businesses, Navneet Group is building a shared services model that will enable it to unlock substantial cost savings.

Impact #1

The company now obtains accurate, timely reporting to support better-informed decision-making.

Impact #2

Navneet Group can more easily adapt its strategy to meet challenges and opportunities in its domestic marketplace and beyond.

Impact #3

By utilizing a common platform across all of its lines of businesses, Navneet Group is building a shared services model that will enable it to unlock substantial cost savings.

Benefit #1	74 percent shorter group reporting cycle delivers full visibility of operational costs.
Benefit #2	Business-process automation increases productivity and enables personnel to focus on higher-value activities.
Benefit #3	Transitioning to a shared-services model boosts efficiency, enables economies of scale and reduces costs substantially.

Benefit #1

74 percent shorter group reporting cycle delivers full visibility of operational costs.

Benefit #2

Business-process automation increases productivity and enables personnel to focus on higher-value activities.

Benefit #3

Transitioning to a shared-services model boosts efficiency, enables economies of scale and reduces costs substantially.

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Overview

Navneet Group drives business growth with SAP and IBM

Operational Impact

Quantitative Benefit