Case Study: Closed cell foam manufacturing
Overcoming inefficiencies, reporting delays, and high costs.
Discover how our ERP implementation expertise achieved $250K cost savings and digital process stabilization in just four months.
About the Client
Our client is a leading North American supplier of closed-cell polyethylene and elastomeric foam materials, serving industries such as automotive, packaging, medical, and construction. Founded in 2008, the company has expanded to seven strategic locations across the U.S., Canada, and Mexico, enabling rapid delivery and local support. With a commitment to innovation, Worldwide Foam offers one-day lead times and the industry’s broadest range of foam sizes and densities, ensuring customers receive the products they need, when they need them.
The Challenges
- Limited Process Coverage: Existing systems failed to encompass all operational processes, leading to inefficiencies.
- Manual Operations: Heavy reliance on manual tasks increased the risk of errors and slowed down workflows.
- ERP Misalignment: The current ERP system was not integrated with the parent company’s, causing data silos and operational disconnects.
- High Operational Costs: Inefficiencies and redundant processes contributed to elevated operational expenses.
- Cumbersome Financial Reporting: Manual financial reporting was time-consuming and error-prone, hindering timely decision-making and strategic planning.
The Solutions
- Comprehensive Risk Management Plan: Developed a detailed strategy to proactively identify and address potential project issues, ensuring a smooth implementation process.
- Successful Data Migration and Phased Go-Live: Executed a structured data migration plan and implemented a phased go-live approach across the United States, Mexico, and China, minimizing disruptions and ensuring continuity.
- In-Depth User Training: Conducted extensive training sessions to ensure users were proficient with the new Microsoft Dynamics 365 Finance and Operations system, facilitating seamless adoption.
The Benefits
- Significant Cost Savings: Achieved $250,000 in savings by eliminating ERP renewal expenses.
- Enhanced Operational Efficiency: Digitization of manual processes streamlined planning, approvals, and financial consolidation.
- Improved Data Accuracy: Automation reduced errors, leading to more reliable data for decision-making.
- Accelerated Decision-Making: Real-time insights facilitated quicker strategic planning and responsiveness.
- Scalable Growth Platform: The new ERP system positioned the company for future expansion and adaptability.
What the Client Said
“Korcomptenz’s ERP integration and implementation strategy tailored to meet our objectives and schedule were crucial for our seamless transition. Their meticulous approach and risk mitigation ensured our operations continued smoothly, without disruptions. We were impressed with their dedication to maintaining data integrity and their ability to meet our accelerated timeline.”