Client is one of the biggest and prestigious conglomerates in Nigeria which has got group of companies dealing in trading of Food products, Bikes and White goods. They are also in the manufacturing of Automobiles and have got a Retail Division.
Need for an ERP Software in Nigeria Organization
Being one of the biggest conglomerates dealing in multi product trading and retail they are having a huge number of SKUs to in stock. They had a major challenge of Inventory tracking and stock replenishment at the right time to avoid shortage. There was no integration between the branches spread across multiple locations and so unavailability of accurate and reliable data to the top management was a major problem. This was causing problems for running the operations smoothly. There was no sales contribution analysis available and no system to track cost center wise expenses. Proper price control and price monitoring system was absent and challenge of payment monitoring and avoiding the duplicity of payment entries.
Benefits Achieved after implementation of ERP Software in Nigeria Organization
Client is fully live using ERP Software at Nigeria with all its branches and overseas offices. One of the major concern of the Group was Group consolidation and ability to drill down to Division wise reporting. It was implemented very well as per the User’s requirements. A system to track Sales Order & Purchase Order was implemented. A system to auto calculate their complex Sales incentive process was implemented in the ERP System. A system for auto generation of journals in cases of currency fluctuation was put in place. Cost centre system has been implemented to keep a better track of expenses. With the implementation of a Dynamic price control monitoring mechanism in ERP Implementation at Nigeria, they are able to handle selling price changes across the group very easily.
After implementation of ebizframe ERP Software, Client is fully live with 7 branches across Nigeria and offices outside Nigeria like London, Dubai and India. Management is able to view Consolidated Group figures and Division wise results on real time basis. There is a better control on receivables, payables and the inventory. The information from Operations required by the decision makers was available to them at their finger tips. This enabled quick decision making and better response to customers.