“With Lighthouse ERP, Shah Nanji Nagsi started counting on optimized processes and integrated management to support its audacious growth target set for 2020.”- Javan Shah
Faster financial Reporting
Reports for decision
More time for strategic
Used baseline methodology to speed deployment
Deploy a solution that would incorporate the long-term growth of the company
Ensure information security
Count on reliable data for making major decisions
Completed the project in 8 months
Optimize management processes to support growth strategy
Meet the demands of corporate governance Resolution
Implemented the Lighthouse ERP for International Trade- Exports and Imports
Totally integrated the solutions
Deployed the Agro solution across factories and depots
Redesigned business processes
Optimization of processes
Removal of data inconsistency in the closing
Faster accounting and financial closing
More time for strategic tasks
Reliable information, in real time, for decision making
Support for corporate governance
The search for more efficient management processes
SNN was founded in 1919 in Nagpur, India and today it is a major manufacturer and exporter for agro products, seeds, grains. Apart from being the Industry pioneers, the company is also one of the largest exporters of rice. Throughout its years in business, it has witnessed the importance and value of an increased presence in the agribusiness chain. “Our businesses have grown and become more complex,” acknowledges Ashwin Shah, president of SNN.
The company’s objective is to further expand its business, setting the target of an average annual growth of 10% and reaching revenues.The company was demanding more accurate, updated, and reliable managerial information. “There were significant bottlenecks for the management level. Getting access to sales and purchase information, as well as data related to customer history, was hard and slow,” Shah says.
Moreover, the company had deployed new governance and audit processes not included in the existing system. “If our aim was to grow in a sustainable and structured way, we needed to integrate and automate our management processes by professionalizing the family management of Shah Nanji Nagsi even more,” asserts Shah
SNN deployed Lighthouse ERP in just six months. The company built a team comprising eight key users as well as SNN's board members and experts from Lighthouse . “We redesigned virtually all the business processes, taking into account the best practices suggested by Lighthouse,” says Ravi Nair.
“The standard version of the solution has dealt with over 90% of our processes. We did as little customization as possible,” Nair explains.
As part of this project, SNN also deployed the Agro manufacturing, packaging and dispatch solution by Lighthouse, integrated with Finance cycle. This system, specific to agribusiness, was developed for grains contract management. “ today all our processes including human resources are automated in our new ERP solution,” explains Nair.
Shah was able to begin counting on optimized and integrated processes that adhere to industry and governance best practices. This means that nowadays the company can make quick decisions based on accurate information available in real time. From the management viewpoint, this translates into more business governance and consequent readiness for continuous and rapid growth.
Regarding business outcomes, having reliable information always at managers’ fingertips to support major decision making helps ensure that Shah gains competitiveness. Javan explains, “Based on accurate information available in real time, we can negotiate more effectively and set higher profit margins.
A number of practical benefits have resulted from the deployment of Lighthouse ERP, including:
Optimization of processes
Removal of data inconsistency in the financial closing process
Faster financial closing
More capability for and time to perform data analysis
“The availability of management reports in real time allows us to have quick access to relevant information,thus giving our managers more time to work and focus on strategic matters for the company,” Javan states.
About Shah Nanji Nagsi Ltd
Shah Nanji Nagsi Ltd is a leading player in agro commodities trading in India and global exports.
agro products: International trade
Trade and import of agro products, seeds and grains