Jindal Stainless, India's largest stainless steel manufacturing group, has become one of the early organisations to migrate to BW/4HANA, one of the world’s fastest data warehouse and reporting systems.
The claims that its transition has been achieved along with a ‘remote conversion route for six years legacy data’. With this development, Jindal Stainless says it has acquired 'leadership status' in transforming the manufacturing industry by implementing the latest and most efficient data analysis programme. This, it believes, has reduced the time taken for real-time inventory reporting from 30 minutes to just one minute.
Abhyuday Jindal, managing director of Jindal Stainless, commented: “It is an historical breakthrough not only for Jindal Stainless, but for the entire digital-manufacturing ecosystem. We have set a precedent for the entire world by adopting BW/4HANA, as this technology will make our reporting and analysis even more precise, efficient, and fast. I extend my hearty congratulations to SAP and Jindal Stainless’ IT team for achieving this incredible milestone.”
SAP BW4/HANA is the next generation data warehouse that enables advanced real-time analysis and transactions on current as well as legacy data. It boasts of extremely high speed and efficiency as compared to the traditional BW (business information warehouse).
In April 2017, Jindal Stainless upgraded its ERP applications and migrated to the HANA database on the Cloud. This enabled business transactions and reports to be 10 to 15 times faster. Jindal Stainless was awarded the SAP ACE Award for technological excellence.
The company's digital expansion continued into the subsidiaries of Jindal Stainless. Accordingto Jindal, the company’s in-house SAP experts successfully implemented the database at PT Jindal Stainless Indonesia in January 2018.
Last year, Jindal Stainless launched an initiative to find a solution to tap legacy data with SAP’s Centre of Excellence in Singapore. The team, comprising experts from SAP India and Germany, along with Jindal Stainless’ IT team, took on the challenge to redefine BW/4HANA software.
With the onset of Industry 4.0, automation and real-time analysis are gaining prominence, claims Jindal. The project is slated to be an asset for the production and servicing functions for Jindal Stainless.
Hemant Dabke, vice president of Strategic Industries, SAP Indian Subcontinent, said, “As an early adopter of this technology, Jindal Stainless is ahead of the curve and will pave the path for enterprises to go digital. Integrated data management strategy, with the help of BW/4 HANA, will enable Jindal Stainless to report and plan on current, historical, and external data sources from various applications leading to real time decision making.”
Jindal Stainless claims to be 'continuously improving, creating, and innovating for excellence in its business processes, rather than just maintaining them. "As a result, Jindal Stainless’ business applications play the role of a decision support system instead of a mere transaction and reporting system," the company said.