LN Metals selected the it.metal SAP All-in-One solution from itelligence to replace their existing processes to give them key benefits of enhanced risk management and cash management that are key control areas of a leveraged business. “We selected it.metal as we need a fully integrated solution, designed for the metals industry, to support our on-going expansion plans for the business” Kevin Rhodes, Finance Director, LN Metals International Limited itelligence, using it’s experience with mid-sized companies were faced with the challenge of providing a solution to manage and plan for cost changes, improve control of “lead times” and “landed costs” within a niche trading solution that required accurate management of logistics.
LN Metals has a particularly complex logistics environment with stocks being managed in over fifty dedicated metals warehouses worldwide. The challenge of delivering a workable solution to the fast changing demands of the metals trading industry in such a wideranging logistic landscape was one of the key deliverables and was one of the major successes for the project. There are plans to clone the SAP solution for a new subsidiary based in the Ukraine. The range of reporting available within itelligence’s it.metal solution has meant that LN Metals now have a much more accurate and efficient system of reporting their hedging and overall metals positions across all metal types.
Source: itelligence AG