Synergics

Laxmi Diamonds

Background :

Laxmi Diamonds is a leading diamond jewellery manufacturing and distribution group operating globally. Its headquarter is based out of Mumbai having two jewellery manufacturing locations in Seepz, Mumbai and Kandivali, Sales and distribution hub at Mumbai and one manufacturing set up at IJM, Bangkok.
Laxmi Diamonds also has a jewellery wholesale outfit in Newyork, USA in the name of Suberi Brothers. Laxmi Diamonds also owns a diamond jewellery brand as ‘CYGNUS’.

Need for a Business Solution :

  • Since Laxmi Diamonds has multiple location and multiple company scenario, they want to get the overall business transaction integrated and were looking for end to end supply chain management solution which can give the clear picture of the business at a click of button. MIS reports were also a vital requirement from management as they want to track over all business efficiency of the group and at the same time company wise and location wise also. All the sales and distribution operations also to be covered.
  • There was a need for more efficient, integrated, and secure solution to manage the business.
  • Laxmi Diamonds bought S.E.A. and has successfully implemented in the units at Seepz and Kandivali.
  • They also opted for S.E.A. US version for their wholesale outfit in Newyork.

Challenges :

  • Multiple companies with multi business scenario.
  • In all the units different in-house application were running in disintegrated fashion.
  • Business need for process integration.
  • Lack of data communication between different units.
  • Migration and streamlining of style master data which was more than one lakh.

Solution :

SEA Ver 3.0 and S.E.A. US Version

Benefits :

  • After successful implementation of the solution at Laxmi Diamonds at all the locations, they came under one umbrella as far as total supply chain management is concerned. All the business locations are integrated and the processes are optimized. Since past 4 years Laxmi Diamonds is globally live on S.E.A. with its two manufacturing locations and sales and distribution hub in Mumbai and one manufacturing facility at IJM, Bangkok. Also the Newyork wholesale location is integrated and live.
  • Since the system is integrated, it is easier to keep track of the orders, delivery schedule, payments etc.
  • User based access to the information.
  • Helpful for the management for decision making and strategy planning based on Customized Business Reports.