NTPL Revolutionizes Efficiency, Transforms Operations, and Boosts Success with Nirmalya ERP Solution

Challenge

NTPL, an acclaimed EPC firm based in India, is devoted to delivering excellence in the domains of quality, speed, reliability, and performance. One of the primary hurdles encountered in Engineering, Procurement, and Construction (EPC) pertains to various aspects ranging from project management to resource allocation, supply chain management to collaboration, controlling to overseeing operations, and data analysis to reporting.

With NTPL expanding its operations across different regions in India, significant challenges have arisen, particularly in the areas of procurement and construction, project management, resource allocation, supply chain management, collaboration, controlling operations, and data analysis reporting.

NTPL has been employing spreadsheets and in-house software to efficiently handle various aspects of their company. However, the organization is facing a challenge in finding a comprehensive solution that encompasses the entire EPC process. This includes bidding, project estimation, DPR, project planning, vendor management, site management, project-wise profit analysis, variance assessment, multi-site project monitoring, project management, resource allocation, supply chain management, collaboration, controlling operations, and data analysis with reporting capabilities. Thus, there is a need for a unified and robust solution to effectively manage and streamline these crucial operations for NTPL.

In order to surmount these obstacles, optimize operations, maintain data consistency, and acquire comprehensive analytical findings, NTPL has embarked on a digital transformation expedition. The primary objective of the organization is to augment operational efficiency and enable scalability through the integration of the advanced platform NERP. This cohesive system aims to streamline accounting data, automate diverse procedures, and serve as an unwavering source of accurate information, empowering the business to accomplish significant efficiency improvements.

Solution

NTPL opted to incorporate NERP on the cloud to align with its digital transformation strategy. The decision considered the integration of industry best practices and leveraged the agility and speed offered by cloud technology. This choice was primarily driven by NERP's holistic solution, encompassing diverse aspects such as bidding, tendering, project management, resource allocation, supply chain management, collaboration, project control, oversight, data analysis, and reporting. NERP empowers organizations to streamline operations, enhance efficiency, and successfully attain their objectives.

Additionally, this solution presents numerous advantages including lower operational expenses and enhanced delivery timelines achieved through streamlined and interconnected procedures. Furthermore, it guarantees augmented clarity and fortified decision-making by harnessing the potential of data intelligence. The solution simplifies collaboration among different departments and geographic locations, while optimizing the quality of financial reporting, forecasting, and planning through automation. Ultimately, it bolsters data reliability, resulting in improved decision-making efficacy across all operational aspects.

NTPL has achieved exceptional success in implementing NERP within a cloud-based environment, leading to a remarkable revolution in several crucial areas such as Projects, Operations, Procurement, Logistics, Finance, Warehouse Management, TQM, HCM, CRM, EDM, Asset Management & Maintenance, Governance & Compliances, EHS, and Dashboard & Analytics. This remarkable transformation has enabled our company to dramatically decrease the total cost of ownership in these domains, simultaneously relieving our IT team from the burden of system operation management. Consequently, our skilled IT professionals can now concentrate on value-driven tasks, significantly enriching overall productivity and efficiency.

Benefits

NTPL has successfully streamlined its operations, leading to improved efficiency and seamless integration. The financial reporting, forecasting, and planning processes have all been upgraded through automation, elevating the quality and accuracy of these crucial activities. This has also facilitated enhanced collaboration, transparency, and decision security.

Additionally, the implementation of Nirmalya ERP has yielded significant benefits for the purchasing department. Operational costs have been significantly reduced, while supplier compliance has been greatly enhanced. As a result, there is now a higher level of confidence in the overall quality of both processes and products. The introduction of cross-departmental reporting has provided invaluable insights into costs, enabling NTPL to evaluate suppliers effectively and secure the most competitive prices.

The implementation of Nirmalya ERP has effectively reduced operational expenses while enhancing delivery speed through automated and integrated procedures. Additionally, it has enhanced transparency and decision-making assurance through the utilization of data intelligence. Furthermore, it has facilitated seamless collaboration among diverse departments and locations, bolstering data dependability. Consequently, these improvements have resulted in more informed decision-making across operations and streamlined collaboration among departments and locations. Consequently, NTPL has been successful in identifying patterns and ensuring timely availability of materials without the risk of excessive inventory. Furthermore, the system has enabled effective management of smaller batch sizes and a wide range of product variations by providing the necessary transparency.

NTPL's revenue has experienced a noteworthy rise of 20%, while successfully reducing the overall cost of ownership and accelerating the time required achieving value through the implementation of Nirmalya ERP. Moreover, the enhanced on-time delivery performance has fostered customer confidence in the timely completion of projects, ultimately leading to increased satisfaction.

In essence, Nirmalya ERP has been crucial in propelling the success of NTPL, empowering the organization to attain substantial advantages across multiple departments.