Home / IT / Telecom / Tech/ GRI selects IFS Applications to drive operational excellence across its global organisation

GRI selects IFS Applications to drive operational excellence across its global organisation


Comments / {{hitsCtrl.values.hits}} Views / Wednesday, 4 October 2017 00:00


IFS, the global enterprise applications company, announces that Sri Lankan specialist tyre manufacturer, Global Rubber Industries Ltd. (GRI) has chosen to implement IFS Applications as its central Enterprise Resource Planning (ERP) system.

GRI was founded in 2002 and has since grown into Sri Lanka’s largest specialist tire manufacturer with over 600 employees who support customers in over 50 countries. 

In order to support its growth ambitions, GRI needed to improve visibility throughout its value chain, from procuring raw materials to delivering finished-goods, in order to improve planning and accomodate fluctuations in global demand.

Following an extensive evaluation process comprising of all major tier-one ERP vendors, IFS Applications was selected for its capabilities, modern architecture and the company’s successful track record in the industrial manufacturing sector. 

IFS Applications will be deployed and rolled out across the organisation to give management a complete view of resources and performance that will enable quick and accurate decision-making. The solution will support business-critical processes such as production and planning, finance, procurement, sales and marketing, quality management, maintenance and document management.  

“We were impressed with the capabilities of IFS Applications, its vast array of local and global customer references as well as industry analysts’ confidence in the solution. It was clear to us that IFS Applications was the most fitting solution to achieve our objectives,” said GRI Managing Director Prabhash Subasinghe. 

He continued: “As global tire manufacturers are faced with volatile pricing in raw materials such as rubber, it is extremely important that we are able to plan for fluctuations in customer demand, changes in material prices and availability of materials, all simultaneously, while working to meet strict timelines for product shipments. In addition to this, as competition increases in an expanding global marketplace, it is necessary for manufacturers to monitor and respond accordingly to competitor behavior, specifically to pricing, promotions and discounts. Having the right information to hand through IFS Applications will provide GRI with the ability to operate proactively, and therefore be able to provide its customers with highly efficient and effective products and service. We therefore look forward to the rapid implementation of this platform, along with a fruitful collaboration with IFS.” 

IFS in Sri Lanka President and CEO Jayantha De Silva stated: “It is with pleasure that we embark on this implementation project together with Global Rubber Industries. We are confident that IFS’s technology will bring about great improvements in efficiency, as well as greater visibility and integrity throughout the company’s operations. IFS fully understands business challenges associated with such a large-scale implementation and our team has extensive experience in helping clients in both the rubber and inductrial manufacturing industries. We are confident with this expertise, best practices and strong local presence that we will deliver an outstanding solution that will meets the high standards of GRI.” 

For more information about how IFS helps industrial manufacturers, please visit: http://www.ifsworld.com/corp/industries/industrial-manufacturing/.


Share This Article


DISCLAIMER:

1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.

COMMENTS

Today's Columnists

In the desert of Tamil films, actor Sivaji Ganesan was an oasis

Saturday, 22 September 2018

‘Indian Film,’ first published in 1963 and co-authored by former Columbia University Professor Erik Barnouw and his student Dr. Subrahmanyam Krishnaswamy, is considered a seminal study of the evolution and growth of Indian cinema. The book is cit


Imran may turn blind eye to blasphemy law and persecution of Ahmadiyyas

Saturday, 22 September 2018

There are clear signs that Pakistan’s freshly minted Prime Minister, Imran Khan, will make a sincere effort to reduce corruption and maladministration in the domestic sphere. In foreign affairs he is likely to make a brave attempt to mend fences wi


The rate of exchange, capital flight and the Central Bank

Friday, 21 September 2018

The Central Bank (CBSL) exists for the sole purpose of price stability. Its controls on the financial system and monetary policy exist to maintain price stability. As put forth many times by the Governor, the failing of the CBSL to control inflation


Red flag over the Sri Lankan Navy

Friday, 21 September 2018

Shocking story Rusiripala, a former banker in Sri Lanka, who has taken to writing in Daily FT, is perturbed by the red flag I have raised (Daily FT article 18 September) over the shocking charge that our Navy had operated a ransom gang that had abduc


Columnists More