Skip to content
Search AI Powered

Latest Stories

APPLICATION

Tech that saves time

A tractor manufacturer automates its inbound logistics operations with intelligent technologies from SAP.

DCV23_08_application_Sonalika_art.jpg

India-based Sonalika International Tractors Ltd. has ushered in a new era of digitalization thanks to intelligent technologies from European software company SAP.

The tractor manufacturer streamlined its inbound logistics operations by adopting an automated accounts payable (AP) solution that has replaced formerly manual processes with a productivity-enhancing digital approach, company leaders say.


“Implementing AP automation is a significant milestone in our digital transformation journey,” Sunil Kumar, group CFO and project owner at Sonalika, said in a statement describing the project. “This has streamlined our financial processes and will improve efficiency. This investment in automation technology will enhance inbound logistics efficiency, reducing manual effort and errors.”

Specifically, the automated solutions from SAP have simplified Sonalika’s gate entry and accounts payable processes, eliminating time-consuming tasks and boosting overall operational effectiveness.

ELIMINATING STEPS AND SAVING TIME 

The Sonalika/SAP project was implemented with the help of Crave InfoTech, an independent software solutions vendor and SAP reseller. Working together, the three companies decided on a solution that eliminates the paper-based inbound logistics processes in use at the manufacturing company. Essentially, the solution automates the invoicing entry process for more than 800 vendors by “templatizing” invoice formats. Supplier invoices are now scanned and stored in a document management system (DMS) folder, for instance. Gate entries are automatically posted via the use of optical character recognition (OCR) technology and business process automation tools that are part of the SAP Business Technology Platform (BTP). On top of that, accounts payable processes such as invoice posting are managed via SAP Intelligent Robotic Process Automation (iRPA) tools. 

All of these tools help companies build, manage, and deploy applications and connect data and business processes on one integrated platform. 

“Implementing RPA with OCR in our gate entry and invoice process … has been a [transformational] project, and we are a front-runner in utilizing these cutting-edge [technologies] in [the] tractor industry and large manufacturing [environment],” said Vikas Yadav, head of IT applications and digitalization at Sonalika, in the statement. “I appreciate our implementation partner Crave InfoTech for [its] BTP expertise, impeccable efforts, and unwavering support, which made the AP automation effortless and efficient.”

The partners also introduced a token system at the gate and implemented digital stamps for material document creation, actions that automated formerly manual steps and reduced execution time from two to three hours to just 10 to 15 minutes. This has essentially eliminated redundant and error-prone manual activities, bringing greater accuracy and efficiency to operations across the board, the companies said.

The digitalization efforts have also given the company real-time visibility into its inbound logistics processes, enabling better planning, execution, monitoring, and management control. Dashboards with comprehensive insights have allowed Sonalika Tractors to make data-driven decisions and ensure streamlined operations, according to Crave Infotech.

“We constantly strive to innovate and push the boundaries of process automation, utilizing the power of BTP and industry-specific intelligence,” Shrikant Nistane, CEO of Crave InfoTech, said in the statement describing the project. “Leveraging our expertise in digital supply chain and enterprise intelligence, we were able to bring this Industry 4.0 and RPA vision to reality.”

The Latest

More Stories

graphic of cargo in motion

Disruption events to global supply chains rose 38% over 2023

Overall disruptions to global supply chains in 2024 increased 38% from the previous year, thanks largely to the top five drivers of supply chain disruptions for the year: factory fires, labor disruption, business sale, leadership transition, and mergers & acquisitions, according to a study from Resilinc.

Factory fires maintained their position as the number one disruption for the sixth consecutive year, with 2,299 disruption alerts issued. Fortunately, this number is down 20% from the previous year and has declined 36% from the record high in 2022, according to California-based Resilinc, a provider of supply chain resiliency solutions.

Keep ReadingShow less

Featured

autonomous tugger vehicle
Lift Trucks, Personnel & Burden Carriers

Cyngn delivers autonomous tuggers to wheel maker COATS

chart of cargo theft activity in 2024

Cargo theft activity set new highs in 2024

Cargo theft activity across the United States and Canada reached unprecedented levels in 2024, with 3,625 reported incidents representing a stark 27% increase from 2023, according to an annual analysis from CargoNet.

The estimated average value per theft also rose, reaching $202,364, up from $187,895 in 2023. And the increase was persistent, as each quarter of 2024 surpassed previous records set in 2023.

Keep ReadingShow less
photo of containers at port of montreal

Port of Montreal says activities are back to normal following 2024 strike

Container traffic is finally back to typical levels at the port of Montreal, two months after dockworkers returned to work following a strike, port officials said Thursday.

Canada’s federal government had mandated binding arbitration between workers and employers through the country’s Canada Industrial Relations Board (CIRB) in November, following labor strikes on both coasts that shut down major facilities like the ports of Vancouver and Montreal.

Keep ReadingShow less
photo of a cargo ship cruising

Project44 tallies supply chain impacts of a turbulent 2024

Following a year in which global logistics networks were buffeted by labor strikes, natural disasters, regional political violence, and economic turbulence, the supply chain visibility provider Project44 has compiled the impact of each of those events in a new study.

The “2024 Year in Review” report lists the various transportation delays, freight volume restrictions, and infrastructure repair costs of a long string of events. Those disruptions include labor strikes at Canadian ports and postal sites, the U.S. East and Gulf coast port strike; hurricanes Helene, Francine, and Milton; the Francis Scott key Bridge collapse in Baltimore Harbor; the CrowdStrike cyber attack; and Red Sea missile attacks on passing cargo ships.

Keep ReadingShow less
diagram of transportation modes

Shippeo gains $30 million backing for its transportation visibility platform

The French transportation visibility provider Shippeo today said it has raised $30 million in financial backing, saying the money will support its accelerated expansion across North America and APAC, while driving enhancements to its “Real-Time Transportation Visibility Platform” product.

The funding round was led by Woven Capital, Toyota’s growth fund, with participation from existing investors: Battery Ventures, Partech, NGP Capital, Bpifrance Digital Venture, LFX Venture Partners, Shift4Good and Yamaha Motor Ventures. With this round, Shippeo’s total funding exceeds $140 million.

Keep ReadingShow less