Navneet Group drives business growth with SAP and IBM
Company Size
1,000+
Region
- Asia
Country
- India
Product
- SAP ERP
Tech Stack
- SAP ERP
Implementation Scale
- Enterprise-wide Deployment
Impact Metrics
- Cost Savings
- Productivity Improvements
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
About The 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.
The 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.
The 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.
Operational Impact
Quantitative Benefit
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