Guru Nanak Auto Enterprises Chooses to Streamline Its Business Processes With IFS Applications(TM)
LINKOPING, Sweden, Dec. 2, 2004 -- One of India's leading automotive companies, Guru Nanak Auto Enterprises Ltd. (GNAE), recently entered into a contract to deploy IFS Applications. The software will enable GNAE to adopt best business practices relevant to the automotive industry. IFS Applications will be used to support its business processes with an integrated, flexible system, allowing the company to decrease costs and improve its ability to respond to changing market demands. GNAE is the largest integrated manufacturer of rear axle shafts in the Indian subcontinent.
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GNAE's main criteria for selecting an ERP system were the availability of functionality specific to the automotive industry, technology and openness of the architecture, and ease of use of the business applications. The proposed IFS Applications solution will enable GNAE to have an integrated system bundled with best business practices similar to features found in Six Sigma, Kaizen costing, TPM, etc. The new solution will replace a legacy ERP system consisting of a number of homegrown applications at GNAE.
"GNAE is looking at the implementation of IFS' Automotive solution as an opportunity to adopt best business practices to enhance productivity," said Jagdish Singh, managing director of GNAE. "IFS will enable us to use IT as an enabling technology to remain ahead of competition and provide the best value for the money to our customers in India and worldwide."
Implementation of this project has started. GNAE will deploy several components, covering engineering, manufacturing, finance, distribution, quality management, document management, plant maintenance, and human resources.
"By implementing IFS Applications at GNAE, IFS India can demonstrate to other automotive component manufacturers that a vertical solution, specially designed to meet the challenges of the automotive industry, is different from a generic ERP solution," said Dr. Chandan Chowdhury, CEO of IFS India. "It enables an automotive company to gain access to real-time information with respect to the planning process and facilitates proactive decision-making. This allows the organization to focus on quality improvement initiatives, adherence to delivery schedules, and identification of ongoing cost reduction opportunities."
The automotive industry is one of IFS' targeted market segments. IFS' Automotive solution provides the right tools for managing the interaction between automotive OEMs, automotive suppliers, and subcontractors in networks of varying complexity. IFS Applications -- with its unique flexibility, scalability, and openness -- offers unprecedented breadth and depth of functionality for all business-critical processes in the automotive sector.
Many leading automotive companies are using IFS' Automotive solution, including Volvo, BMW, London Taxis, Scania, Avestor, Sanden Corporation, Borgstena, Nolato Group, Toyota, MG Rover and Finnveden Group.
About GNA Enterprises Ltd.
Operating in a competitive environment, Guru Nanak Auto Enterprises Ltd. (GNAE) is an auto component manufacturing plant founded in 1946. Since then, it has expanded continuously under the stewardship of Jagdish Singh, managing director of GNAE. The company has become the largest integrated plant of its kind in the Indian subcontinent today, with a staff of 550. The company has a large customer base covering different sectors of the automotive industry with a diversified product range. GNAE manufactures quality automobile components that meet the highest international standards. The company expertly applies breakthrough technology by applying innovative art-to-part engineering, state-of-the-art lean, flexible manufacturing with world-class infrastructure, and on-time delivery to everything from passenger cars and light trucks to heavy commercial vehicles. More information is available at www.gurunanakauto.com.
About IFS and IFS Applications
IFS develops and supplies component-based business applications for medium and large enterprises and organizations. IFS Applications, which can be implemented step by step, is based on web and portal technology. The solution offers 60+ enterprise application components used in manufacturing, supply chain management, customer relationship management, service provision, financials, product development, maintenance and human resource administration. IFS offers customers an easier, more open alternative.
IFS is a leading global business applications supplier with sales in 45 countries and more than 350,000 users worldwide. The company is listed on the Stockholm Stock Exchange (XSSE: IFS).
IFS Applications is a trademark of IFS Industrial and Financial Systems. All other referenced company or product names are trademarks or registered trademarks of their respective owners.
For additional information, contact: Emmett Holt, VP Marketing, IFS North America Phone: +1 978 468 3355 Fax: +1 240 368 8196 E-mail: emmett.holt@ifsna.com Chris Jensen, President, Jensen Market Relations Phone: +1 714 847-7846 Fax: +1 714 847-4856 E-mail: chris@jensenmarket.com IFS' Web: www.ifsworld.comPhoto: NewsCom: http://www.newscom.com/cgi-bin/prnh/20030320/IFSLOGO
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