Golder Electronics has been operating on the Russian market since 1993 and is a leading company in the production, sale, and service of small household appliances, audio-video equipment and consumer goods. The company portfolio includes the brands VITEK, R?ndell, Maxwell, Coolfort. Active growth, expansion of the regional dealer network and the launch of new product lines set the company to optimize key business processes and supplement the functionality of the existing corporate information system. According to the results of the tender held in 2010, the management of Golder Electronics chose the international consulting company Odyssey Consulting Group. nbsp;platforms Microsoft Dynamics AX 2009 a set of solutions for more efficient management of financial, trade-purchasing and logistics operations. According to Anatoly Karashchuk, Chief Information Officer Golder Electronics, as a result of the implementation of this system, Golder Electronics organized a transparent and efficient inventory management at all stages of the supply chain, simplified procedures for reporting on sales, purchases, mutual settlements with partners, and also provided better planning and budget control.
Odyssey Consulting Group's complete solutions offered by Golder Electronics support the required level of scaling, as well as flexibly adapt to the changing demands of a highly competitive distribution market. In particular, to solve the problems of sales departments and service of retail chains, a system online reservation of product nomenclatures in stock and on order. At the same time, both the formation and tracking of applications for contracts, taking into account the conditions and payment schedules , and reserve management tools. The company has acquired a more flexible and powerful tool for importing orders of retail partners for the sale of goods and materials, which allows to create an unlimited number of templates for their accounting. Golder Electronics gained new capabilities for end-to-end supply chain management.
Solutions based on Microsoft Dynamics AX 2009 provided organizations with prompt receipt of data on placed orders for the purchase and sale of goods with the ability to control their execution, including cash flow management and pricing. Also, additional functionality for accounting and control of goods became available. As a result of the implementation, the Golder Electronics Purchasing and Logistics Department has abandoned the use of Excel spreadsheets for internal accounting of purchasing activities, capturing and tracking all incoming data in the new system. The level of inventory balances in the warehouse has become more predictable, reporting on the internal movement of goods.
payment", which built clear rules for the formation and approval of applications for outgoing payments, ensured complete financial control over the expenditure of funds and management of the enterprise's budget as a whole. Golder Electronics has completely switched to electronic forms of document management and payment, which has simplified tracking of the current status and execution of applications.
Specialists of Odyssey Consulting Group also organized settlements at the level of legal entities of counterparties, which ensured prompt billing and clearer debt tracking. The financial department received convenient tools for accounting for general ledger entries with proper accounting analytics for trade and purchasing operations. The mechanism for distributing additional overheads and settlements with counterparties has become more transparent. The project also implemented multi-currency accounting, including the calculation of exchange rate differences on a fixed date.
Golder Electronics CIO Anatoly Karashchuk adds: “B departments of sales, purchasing and logistics, in financial management the labor intensity of a number of routine operations has decreased. The discipline and responsibility of employees has improved. We are also seeing a reduction in total human error. Currently Golder Electronics plans to improve the system in terms of organization of financial reporting, business analysis and budget forecasting. The company plans to integrate the new ERP system with the JDA solution for category management, and also implement a CRM solution”.
