Masaqi Multi-Industry Company was established as a specialized company in manufacturing plastic and metal products for a wide range of industries.
With its continuous expansion and increasing activity, the company faced challenges in effectively managing its resources and improving its operational processes. Therefore, Masaqi Multi-Industry Company decided to join the "Enabling Packages and Core Solutions Activation Initiative" and implement an Enterprise Resource Planning (ERP) system to help achieve continuous improvement and sustainable growth.
Challenges
Before implementing the Enterprise Resource Planning (ERP) system, Masaqi Company relied on manual work and scattered internal processes, leading to interruptions in information flow and duplication of efforts.
The company was unable to accurately track inventory, resulting in delays in customer deliveries and the need to pay extra fees to expedite shipping. Additionally, it faced difficulties in strategic planning and making effective decisions due to the lack of timely access to important data and reports.
Solution
After thorough study and analysis, Masaqi Multi-Industry Company decided to implement a comprehensive Enterprise Resource Planning (ERP) system that covers all aspects of its operations. The company chose a well-known and specialized ERP solution that meets its unique needs and efficiently supports its various processes.
Implementation Process
The ERP system's implementation process faced several challenges and structural changes.
Employees were trained to use the new system and improve their daily operations.
A dedicated team was formed to oversee the implementation of the system and monitor its performance.
The system's integration with existing processes and compliance with the company's requirements were ensured.
Benefits and Results
After implementing the ERP system, the factory began to realize numerous benefits and positive results:
Increased Operational Efficiency: Production processes were optimized, and manufacturing time was reduced, resulting in a 48% increase in productivity.
Improved Delivery: Delivery times were significantly enhanced, contributing to increased customer satisfaction and increased orders.
Cost Reduction: Inventory management and financial processes have been optimized, leading to a 15% decrease in the company’s overall costs.
Better Strategic Decision-Making: The company was able to access accurate data and up-to-date reports in real time, which helped in making informed strategic decisions and improving the overall performance of the company.
Conclusion
Thanks to the implementation of the modern ERP system, Masaki Multinational Industries successfully improved efficiency and achieved sustainable growth.
The company was able to attain better competitiveness in its market and provide exceptional services to its customers.
Implementing an ERP system is considered a successful strategic decision that contributes to the company's development and achievement of success.
The following table shows the overall improvement rate achieved at all levels in the plant.
Overall improvement rate across all models |
48.11044221 |
% |
Overall improvement rate in financial impact across all models |
112.957672 |
SAR |
Overall improvement rate in time impact across all procedures |
5.068783069 |
hours |
Overall improvement rate in automation and compliance |
67.46031746 |
% |
Improvement rate in collaboration among organizational members |
72.98809524 |
% |