Globally renowned heavy vehicle manufacturing company leveraged the technical expertise of Elintsys in streamlining the intricate process of cost sheet preparation; the implementation of Costimator application by Elintsys eases the Cost Sheet preparation process and contributes to achieve operational excellence.
About the Client
The Company has more than five decades of experience in manufacturing heavy vehicles. The company holds a prominent position in heavy vehicles market. The company always keeps apace with embracing state-of-the-art-technologies to pull off operational and manufacturing excellence.
Business Challenge
The cost accounting section in the production department of the company is entrusted with the intricate task of preparing cost sheet to ascertain the exact cost of the parts manufactured. However, the involvement of various departments in the company necessitated the deployment of a centralized application that facilitates synergy from various departments which had hitherto been using disparate IT tools that hardly synergize the data provided by each department.
Elintsys’ Solution
After perceiving the data architecture of the heavy vehicle company’s production operations, Elintsys developed a centralized application that enables easier preparation of cost sheet by providing access to the data and synergizing the data from various departments. While developing the application, Elintsys kept in mind that user interface of the application should be lucid so that the herculean task of cost sheet preparation is made simple.
Results
The application contributes to achieve operational excellence in the production department by bringing out the following benefits:
- Provides access to all necessary data of various departments that are required for preparing cost sheet and synergizes the data for cost sheet preparation
- Lucidity on the cost of various parts
- The application has tools to ascertain the exact cost of the part if the cost heads are adjusted, thus intricate task of cost optimization have been made a cakewalk
- Graphical depiction of cost data enables easier perception
- Most of the tasks in the preparation, validation and approval of cost sheet have been automated, subsequently operational time is substantially saved
Thus the Elintsys’ solution not only streamlines the cost sheet preparation process but also provides various analytical tools that give greater insight into the data of the company