INW Manufacturing's Digital Transformation with OneStream
Company Size
1,000+
Region
- America
Country
- United States
Product
- OneStream
- Excel Analysis End User Training
- Direct Connect
Tech Stack
- OneStream
- Excel
- Deacom ERP
Implementation Scale
- Enterprise-wide Deployment
Impact Metrics
- Cost Savings
- Digital Expertise
- Productivity Improvements
Technology Category
- Analytics & Modeling - Predictive Analytics
- Platform as a Service (PaaS) - Application Development Platforms
- Platform as a Service (PaaS) - Data Management Platforms
Applicable Industries
- Consumer Goods
- Healthcare & Hospitals
Applicable Functions
- Business Operation
- Quality Assurance
Use Cases
- Predictive Maintenance
Services
- Software Design & Engineering Services
- System Integration
- Training
About The Customer
INW Manufacturing is a division of INW Holdings, specializing in the research, development, formulation, and manufacturing of various products, including powders, liquids, gels, tablets, capsules, creams, and lotions. The company primarily serves the dietary supplement and sports nutrition markets, shipping products to over 95 countries. Headquartered in Carrolton, Texas, INW Manufacturing operates production facilities covering approximately 900 thousand square feet and generates consolidated revenues exceeding $400 million. The company has grown significantly through acquisitions and organic growth, now employing over 1,000 people.
The Challenge
INW Manufacturing faced significant challenges due to its rapid growth through acquisitions and organic expansion. The company operated with over 1,000 employees across multiple facilities, each with different ERP systems, networks, and firewalls. This complexity made consolidated reporting and intercompany activity management extremely difficult. The CFO, Melissa Carter, managed budgets manually using Excel, which was time-consuming and inefficient. The need for a robust consolidation tool became evident as the company struggled to keep up with the pace of acquisitions and the increasing complexity of its operations.
The Solution
INW Manufacturing selected OneStream Software to address its consolidation and reporting challenges. The implementation was led by Amy Funari, who had extensive experience with Hyperion Financial Management. Working with Black Diamond Advisory, Funari built a unique Capital Expense (CapEx) model and leveraged the Excel Analysis End User Training solution from the OneStream MarketPlace for user training. INW developed a new forecasting and budgeting application within OneStream, incorporating detailed actual data and high-level budgets for current and prior years. This allowed for real-time updates and adjustments, significantly improving the efficiency and accuracy of the budgeting process.
Operational Impact
Quantitative Benefit
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