Project Details
Altrad is one of the leading global export trading firm in UK, exporting different products and service verticals.
Challenges
Altrad was facing following challenges in the process of export-oriented supply-chain:
- Handling Multiple products for customers of multiple destinations
- Meeting customer demands for Improved Speed, Quality and Service
- Managing required Export documentation
- Tracking of status of export orders
- Supply Chain Complexity due to Multiple Channels to Market
Altrad approached Spectrum Networks Solutions to develop a system to meet these challenges.
Results
With the help of Spectrum Solution, Altrad streamlined the complete process framework and turned into better export trade organization with following benefits:
- Higher productivity in the company
- Shorter Supply chain cycle
- Making customers satisfied with faster delivery
- Business growth as the management could focus more on business
Solution
Spectrum planned and applied the right Solution development strategy for Altrad
Major steps of the strategy:
- Identified the process-based requirements and Integrated the processes –
- From taking an Order from the customer
- Placing an order to the supplier
- Creating Proforma invoice and order copy to the supplier
- Creating a export documents with BL (Bill of Landing)
- Creating all the necessary documents in the format required, like
- B/L instruction
- Commercial invoice
- Site draught
- Bill of Exchange
- Packing list
- Issue bank letter etc.
- For tracking and prompt decision making, created Dash board for
- Status of the Order and other processes
- Shipments date alerts to chase the suppliers
- Alerts on expiring LC, Payment due dates to supplier & customers, etc.
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