BEML uses SAS to optimize their spare parts inventory

Mumbai, India  (Aug. 25, 2010)  –  SAS, the leader in business analytics software and services has announced that BEML Limited(formerly Bharat Earth Movers Limited) - the second largest heavy earth-moving machinery Manufacturing organization in Asia has successfully deployed SAS Service Parts Optimization solutions to increase the manageability and profitability of their Stock Keeping Units (SKUs). The solution was successfully implemented by SAS India’s authorised partner Vayam Technologies Ltd.

BEML has a complex network of 25 regional depots and more than 70 Products with 210,000 SKUs to manage a vast supply chain and logistics network in India, the Middle East, Africa and Brazil. With such an intricate set-up, accurately forecasting the demand stream of spare parts was a major challenge. In order to optimize inventory levels, they wanted a solution that could help them determine the SKUs required, with right quantity, right place and at right time. SAS Service Parts Optimization solution helps them accomplish these challenges seamlessly.

On the successful deployment Mr. Rajeev Srivastva (Head Technology Division) of BEML said: “As a leader in the heavy earth-moving industry in India, we have always been at the forefront of technology usage. To optimize resources and increase profitability thorough effective and efficient spare parts forecasting, we recognized the need to leverage SAS for our Service Parts Optimization solution. After carefully examining the market, we chose SAS as a solution and Vayam technologies as system integrator to implement the solution and to drive our quest for generating insights and optimize our inventory levels at multiple Locations/SKUs. BEML is performing the user acceptance testing (UAT) on the delivered result. We are expecting around 15% reduction in inventory by 2011.”

Mr. Sudipta K. Sen, Regional Director South-East Asia, CEO & MD SAS India says “This has been a great win for SAS India in the public sector and we are proud to be assisting BEML in their strategic efforts. SAS is helping BEML analyze complicated inventory data and unearth hidden relationships and patterns in inventory data volumes, thereby helping to minimize its expenditure and optimize its inventory.”

Mr. Ashok Tiwari, CEO, Vayam Technologies Limited says “SAS is a leader in predictive analytics & has strongest offering in the market, that’s why Vayam has chosen SAS as a solution to serve BEML’s business objective in optimizing their spare parts inventory.”

About SAS

SAS is the leader in business analytics software and services, and the largest independent vendor in the business intelligence market. With innovative business applications supported by an enterprise intelligence platform, SAS helps customers at 45,000 sites improve performance and deliver value by making better decisions faster. Since 1976 SAS has been giving customers around the world The Power to Know. Information on SAS can be found at www.sas.com. SAS has been in India since 1997 and has two wholly owned subsidiaries in the country:  SAS Institute (India) Pvt. Ltd. and SAS Research & Development. With a team of more than 600 technology and domain experts, SAS India operations are headquartered in Mumbai with regional offices in Bangalore, New Delhi and Pune. SAS works with organizations across Industries and offers them critical enterprise intelligence to fuel innovation and meet their business objectives. Information on SAS India operations can be found at www.sas.com/india   

About BEML

BEML Limited (formerly Bharat Earth Movers Limited) was established in May 1964 as a Public Sector Undertaking for manufacture of Rail Coaches & Spare Parts and Mining Equipment at its Bangalore Complex. BEML Limited (BEML) conferred with Mini-Ratna Category-1 Status and under the administrative control of Ministry of Defence, is a multi-technology company offering high-quality products for diverse sectors of economy such as coal, mining, steel, limestone, power, irrigation, construction, road building, aviation, defence, metro and railways. BEML is ranked as "The Largest and Most Profitable Construction Equipment Company" by Construction World - NICMAR, 2007. It has emerged in the forefront of heavy engineering industry with a track record of growth and revenues for over four decades. For its innovative management practices the company has been awarded the "Golden Peacock Innovation Management Award". BEML has also been rated as "The Fourth Largest Wealth Creator in the Country" by Dalal Street Magazine. Information on BEML can be found at www.bemlindia.com 

About Vayam Technologies Ltd.

Vayam Technologies Ltd. is a leading IT company providing end-to-end IT services and solutions to Government Clients and various PSUs. Founded in 2001 and headquartered in New Delhi, Vayam has proven its tools and methodologies on over 200 successful engagements. Vayam utilizes its experience in large scale e-governance projects and bring value to customers with in-depth domain experience, professional management practices and technical expertise.

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