Swift and Company, a leading distributor of specialty chemicals across Australia and New Zealand, has reported to Infor that since completing implementation in early 2002 Infor MLE has returned more than double the expected benefits outlined in the initial business case.
"The direct and indirect impact of implementing Infor MLE has exceeded our evaluation targets with significant financial returns," said Rod Lambert, director - finance and administration for Swift Australia.
Since implementation Swift has managed to reduce its inventory by more than twenty-five percent, $3m better than projected in their original capital expenditure proposal, while simultaneously achieving a ten percent growth in sales.
The 17 business managers who are responsible for ordering and managing stock use their industry and market knowledge along with Infor MLE recommended order quantities and timings to make better purchasing decisions. One flow-on effect of the implementation has been a reduction of aged stock by over fifty percent.
"Infor MLE has systemised our sales forecasting resulting in a more formalised approach to our purchasing allowing greater accountability for purchasing decisions," said Rod Lambert.
Swift gained direct benefits from the systemised purchasing procedure that was enabled via the automated recommended order functionality in Infor MLE Requirements Planning module.
In conjunction with improved forecasting accuracy, Swift is able to produce accurate and timely purchasing plans that can be easily adapted to the changing conditions of the business.