American steel distribution company transforms its business processes to enable future growth

Wipro transforms the client’s technology landscape with Oracle NetSuite and leverages automation to streamline business processes

Client Background

Client: Steel distribution company headquartered in Texas, USA
Industry type: Manufacturing
Products or Services or Core Business: Manufacturer of oil country tubular goods (OCTG), line pipes, specialized steel products
Geography or Areas of operations: USA, Canada

Challenge

The organization had legacy systems that resulted in significant amount of manual operations and lack of end-to-end visibility of data, which hindered their growth and speed-to-market. The client was looking for a solution that would help them:

Improve Finance and Accounting capabilities
Ensure data integrity and data visibility to ultimately improve market touch
Enable timely financial closing with enhanced reporting & analytical capabilities, thereby impacting the company’s financial performance
Automate processes where manual intervention is unnecessary
Establish real-time inventory visibility across the organization

Solution

Wipro helped the organization remove bottlenecks in key business processes and recommended Oracle NetSuite to offer a robust solution for current and future needs. Wipro implemented NetSuite SuiteSuccess Manufacturing Mid-Market 2018.1 edition.

Modules implemented: Financial Management, Order and Billing Management, Procurement, Advanced Revenue Management, Inventory Management
Implemented automation for:
- Release Orders and Delivery Orders numbering
- Lot numbering for Item Receipt and Work Orders
- Quote-to-Order and invoicing processes
Implemented solutions for:
- Lot & PO Soft-Commit
- Catch weight management
Created reports for item availability and warehouse inventory

Business Impact

Wipro’s solution resulted in the following benefits:

Streamlined processes and increase in efficiency as a result of automating various processes in Procure-to-Pay and Quote-to-Order
Reduced duration for reporting month and quarter closures, enhancing productivity
Real-time visibility of inventory
Improved financial analytics, auditing and profitability analysis
High scalability, leading to greater preparedness for future growth opportunities

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