Bharat Forge selects 1KEY Agile BI Suite

MAIA Intelligence Pvt. Ltd. today announced that Bharat Forge Limited (BFL) the world’s largest forging conglomerate, selected 1KEY Agile BI Suite to meet reporting and analytics challenges associated with their greatly accelerated business growth and its ability to generate complex reports as per their needs.

“BFL is collecting a massive amount of manufacturing, customer, and business data through a variety of channels. We needed a way to aggregate, understand, and analyze that information," said Yogesh Zope, Vice President, IT Services, Bharat Forge Limited."  He further commented, “We chose 1KEY because it will enable us to assemble all the relevant data for the business users logically and in a structured, aesthetically pleasing and presentable reporting format. We found 1KEY solution best for its analytical richness, its ability to handle large data volumes, and its single consolidated interface for SAP and non-SAP data.  My colleagues in other functional areas will be able to better manage demand, product lifecycle and supply chain performance and access and analyze data over the Web as well as desktop, enabling them to better manage their business. With 1KEY, we will be able to better manage our manufacturing, sales and Business," further added Mr. Zope.

BFL will deploy 1KEY to collate and deliver performance management reports for the business users and the top management.  As a part of the project, MAIA team and its partners shall connect to SAP system and reports like Variance Analysis, Cost Reduction reports, Exports Tracking report, Actual consumption v/s Budget report, Daily Production report and so on.

To start with, data from the manufacturing, finance and operations will be connected to 1KEY’s highly visual information dashboards and content-rich reports for valuable insights into its inventory, costs, customers, profitability and key business areas, including revenue management, reservations, management reporting and performance analysis. BFL shall also use 1KEY for market performance analysis, operations, strategic account management, and global sales analysis on daily basis.

1KEY Agile BI Suite delivers the most comprehensive set of BI capabilities which is a single layer, ground up built end-to-end BI Suite. It provides decision makers at all enterprise levels with a consistent, accurate view of information to better manage performance through various presentation layers like visually stunning Dashboard, Performance KPIs, Graphical Analysis with Chart, View & Cube reporting and many more.

“1KEY shall enable us to consolidate, process and analyze data from multiple data sources including SAP and EXCEL, and present the Sales and Cost Control data in more intuitive format,” said Mr. Zope “Through analysis of costing profit and loss account, the organizational managers would be empowered to not only report the variances, but also help the management and process heads to monitor the activities as they happen, with the use of Dashboards and KPI’s beyond other analytical reports. 1KEY is expected to reduce time to decision as data collation and presentation time is getting reduced.” he further added.

“By deploying 1KEY Agile BI Suite, BFL has extended its ability to anticipate and better service the changing needs of the business users and share that information across the enterprise," said Sanjay Mehta, CEO, MAIA Intelligence Pvt. Ltd.. "Companies using 1KEY business intelligence are able to tie front-line activities and decision-making to the overall strategic goals and metrics of the organization, resulting in the ability to better manage corporate performance."

“We are pleased that BFL selected 1KEY and are confident that BFL will find 1KEY a valuable resource for its reporting and analysis requirements,” Mr. Mehta commented.

The implementation is expected to be complete in the coming few months.

Sourced From: Corporate Voice|Weber Shandwick