Client: Savita Oil Technologies Limited
Sector: Petroleum
Project Delivered: Implementation of Inventory tracking
About Client
Savita Oil Technologies Limited is a pioneer in the Indian petroleum specialties industry with over six decades of innovation, trust, and performance. Founded in 1961, Savita has built a legacy of excellence through its commitment to sustainable technologies, precision engineering, and customer-first solutions.
Engagement Highlights
- Procurement: Contracts and Subsequent PO
- Export of Bulk FG and PSU Base Oil
- Material Movements across ports, barges, storage tanks and factories including stock transport orders with pricing and GRN
- Quantity Adjustments: 1. Shortage/excess adjustments. 2. Bonded/Ex-bond.
- Batch-costing at various outside locations.
- Reporting.
Business Challenges
While the core business processes are on SAP S/4HANA, in the import cycle of bulk oil, material movement did not get registered in SAP until the material finally reaches one of the manufacturing plants. No visibility in SAP Logistics to the inventory outside, sitting at the Port, in barges or outside locations. No identification of physical stocks and batches, with batch level valuation, tanker movements from ports, barges and outside locations.
Differentiating Factors
- Knowledge of Process Industry, specifically, bulk cargo and inventory challenges.
- Understanding of imports processes and Indian compliances.
Value Add/ business benefits
- Procurement simplification
- Implement real-time RM tracking at all outside locations
- Entire Inventory Accounting in SAP
- Batch-specific Valuation of Base Oils at various locations
- BOE-wise tracking (Bond / Ex-bond)
- Seamless integration with existing processes
SAP Modules Coverage
- Finance
- Procurement
- Inventory
- Sales & Distribution
