20% Cost Reduction in Leather Usage: A Customized ERP Success Story
About the Customer
Customer is a distinguished manufacturer of premium leather products, known for its commitment to quality, sustainability, and innovation. Customer's mission is to deliver durable and affordable leather products globally while maintaining a strong reliance on environmental responsibility by minimizing waste and optimizing resource usage. However, despite its dedication to excellence, the company faced operational hurdles that demanded a strategic, technologically focused solution.
The Challenge
As Good Leathers expanded its operations, the company encountered significant challenges in effectively managing leather consumption and inventory control. Despite extensive evaluations of 7 to 8 different software solutions, none aligned with their specific workflow requirements or offered the necessary flexibility.
Inadequate Inventory Control
The inability to accurately track leather consumption from the purchase order stage led to waste and inconsistencies in stock levels.
Failed In-House Application Attempts
Efforts to develop an internal solution proved unsuccessful, leaving the company without a robust system to manage inventory and production efficiently.
Rising Costs & Inefficiencies
Without an effective tracking mechanism, leather waste increased, impacting overall profitability and contributing to higher production costs.
The Solution: Partnering with iFive Technology for Customised ERP Solution
Results
100%
Workflow with 100% Visibility
50%
Reduction in Stock Mismatches
30%
Faster Inventory Processing
20%
Cost Reduction in Leather Usage