Delux Group finds its bearings with Ramco ERP on Cloud

ABOUT DELUX GROUP

Surviving over 50 years in the automotive bearings and components industry does not come without an assurance of quality. That’s because the industry is competitive and only the very best survive to make a mark. And the Delux Group, currently consisting of Luxite Industries and Delux Bearings, has made a mark.

The group boasts an impressive clientele with products such as bearings and components for the automotive, industrial and textile sectors. A technology-driven precision bearings and components manufacturing company, it has earned itself the reputation of offering 'Value for Money Auto Components'.

Luxite Industries, the company’s export arm, was established in 1996 and boasts a repertoire of over 300 products. The company exports its products to a host of overseas markets like the USA, Germany, Italy, Spain, England, Brazil, Argentina, Finland, Denmark, Philippines, Thailand, Indonesia, Korea, Singapore, Malaysia, Vietnam, Turkey, Iran, and South Africa, etc. In addition, it has been meeting the needs of the replacement market in India besides developing customized bearings for niche applications.

“This is a vertical that is highly dependent on quality and precision and uses high-end technology,” says Parag Nagwekar, manager - Of projects. “Every little detail counts while taking major decisions, so precision is key in every aspect, be it operations, finance or production.”

THE BUSINESS CHALLENGE

Having been around for almost half a century, the Delux Group has learnt a great many things. They had always stayed ahead of the curve with their streamlined operations and market-savvy products. Their skills were undisputed. However, as the company began to grow, they realized that they needed a higher level of control than ever before.

The group had two companies—Luxite Industries, which took care of the manufacturing aspect and Delux Bearings, which focused mainly on trading activities. “The group needed a system that would allow them to pan across both these companies and a whole gamut of activities. From this, crucial data had to be gleaned and important business decisions taken.”

The company had been using different stand-alone software packages for different aspects of the business. While this legacy system had served their purposes in the past, the company began to feel an increasing need for access to real-time information. Instant access to information from a unified, online financial and MIS reports system would give them an integrated view across different levels of the organization.

“The company needed insights into their financials and business. So, they really needed a system in place to standardize and streamline business processes across the organization and improve operational control through a comprehensive financial and management reporting system.”

The company was already using an in-house ERP system, using a combination of features from 5M and Tally. However, there was no coordination between the two systems and the information silos did not support business insights or growth. Moreover, the multilocation structure made it difficult for the head office to get a clear perspective of the overall business scenario.

“An on-premise software was essential for certain aspects that required specialized customization. However, there were other aspects where the major need was instantaneous access to real-time information. For instance, having online information on inventory and accounts was extremely important.”

Often the delivery and production would happen from the factory locations but the distribution would happen from the head office. The company needed to ensure a seamless flow of information in tracking lots during this process. RODE offered Luxite, a SaaS-based cloud model, that would not upset their existing framework and would work independently to provide business intelligence.

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