Vectus Industries Limited goes digital with SAP S/4 HANA
Hyderabad-based vCentric Technologies, one of the fastest growing IT/ITES organizations in India, announced the installation of SAP S/4 Hana 1511 On-Premise edition for Vectus Industries Limited across its pan-India operations.
Vectus Industries Limited is India’s leading and fastest growing pipe and water storage solution company. It is the pioneer in establishing Blow Moulded technology as an alternate method to Roto Moulding for large size water storage tanks. The Vectus group of companies has been growing at an average growth of around 35% year on year and with an overall sales turnover of approx. 500 Crores (75 million USD) and has manufacturing facilities at 12 locations nation-wide and offices and depots at 13 locations with more 1300 employees on board.
Speaking on the successful deployment, a delighted Mr. Ashish Baheti, Managing Director, Vectus Industries Ltd. said, “We are excited with the technological transformation at Vectus. This quantum leap to becoming a future-ready corporate is in sync with our business vision. Owing to our belief of producing world-class quality products and offerings in the storage and pipe product industry, SAP® S/4 HANA ERP will give us renewed vigor to scale-up across key and critical departments, and enable swift growth in our markets in India and exports.”
The SAP S/4HANA 1511 On-premise edition is a new product and builds the next-generation business suite. Using the advanced potential of SAP HANA, SAP S/4HANA is designed to digitize business and provide an instant insight by using a single source of truth, real-time processes, dynamic planning and analysis.
M.V.R. Kumar, CEO, vCentric Technologies, said, “The nuances of such deployment have been quite amazing for an organization such as Vectus. The deployment of S/4 HANA has addressed many challenges and has helped us reach the next-level of being a digital-ready organization.”
Outlining the core advantages, Mr. Manish Sinha, Head IT, Vectus Industries Ltd, said, “Prior to the installation of SAP® S/4 HANA, our IT infrastructure wasn’t as well equipped. , We had to start from scratch and work extensively on our infrastructure plants, depot, streamlining legacy software, so that the team could focus on new implementation. It was a tough uphill challenge but we succeeded in installing a world-class product at a regional and local level. We appreciate the efforts put by vCentric in educating us about S/4 HANA. They supported us in achieving this milestone for our organization at every curve. We completed the project in time even with limited talent pool, resources”-
He further added, “We dismissed the perception that SAP solutions work only with organizations that have an evolved IT infrastructure. I am delighted that such a product matched up to our needs and desire to scale up. It was also extremely competent of them to deliver in record time of less than 5 months and 24 out of our 28 locations nationwide went-live simultaneously with their efforts.”
The ERP installed and supported critical departments at Vectus had the following modules - Stock, Finance, Materials Management, Human Capital Management [HCM], Procurement Plan and Sales &Distribution.