About Stamford Tyres
Established in the 1930s, Stamford Tyres has built a reputation for its steadfast commitment to service and product excellence over the years. The company has grown from a humble tyre retailer cum petrol service station in Stamford Road to an international tyre and wheel supply and service provider with strong growth potential. Its expertise lies in international distribution competence, where there s currently more than 30 countries in its sales and distribution network.
Industry
Wholesale Distribution
Region
Multi-Region
Company Size
11-50
The Challenge
Stamford Tyres Streamlines Operations: Enhancing Transparency and Integration in Supply Chain and Financial Systems
As a key distributor of tyres and wheels in the Asia Pacific region, Stamford Tyres is committed to maintaining a transparent operational workflow for all stakeholders. Specifically, within the Supply Chain sector, teams responsible for purchasing, sales, inventory, and inventory accounting require clear insights to balance supply and demand effectively. In the realm of Financial Accounting, it is essential that the Chart of Accounts is customizable, that there is support for various foreign currency exchange rates, and that management has the capability to access detailed financial records. Additionally, any new system adopted must seamlessly integrate with existing systems, ensuring that they complement each other and enhance overall efficiency.
The Solution
Yonyou ERP: Streamlining Data Integration and Real-Time Analytics for Enhanced Business Agility
The Yonyou ERP solution enhances multi-level data sharing and management. It consolidates information across various business units into a unified master file, with administrators empowered to customize user access rights. Accounting data is recorded in the preferred functional currency, while also accommodating local currencies for regional units, complete with updated exchange rates. The system provides dashboards and analytics in real-time, enabling swift and informed decision-making. Moreover, its open API feature facilitates seamless integration with third-party software, extending its functionality and adaptability.
